Vanguard Personalized Indexing Management LLC Buys 22,600 Shares of KLX Energy Services Holdings, Inc. $KLXE

Vanguard Personalized Indexing Management LLC boosted its stake in shares of KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) by 160.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,668 shares of the company’s stock after acquiring an additional 22,600 shares during the period. Vanguard Personalized Indexing Management LLC owned 0.21% of KLX Energy Services worth $69,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in KLXE. PDT Partners LLC grew its holdings in shares of KLX Energy Services by 54.9% during the 1st quarter. PDT Partners LLC now owns 43,023 shares of the company’s stock worth $151,000 after purchasing an additional 15,243 shares in the last quarter. Trexquant Investment LP grew its stake in KLX Energy Services by 7.6% during the first quarter. Trexquant Investment LP now owns 118,519 shares of the company’s stock worth $415,000 after buying an additional 8,359 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in KLX Energy Services by 45.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 18,067 shares of the company’s stock valued at $63,000 after buying an additional 5,658 shares during the period. Mesirow Financial Investment Management Inc. raised its position in shares of KLX Energy Services by 120.0% in the 1st quarter. Mesirow Financial Investment Management Inc. now owns 22,000 shares of the company’s stock valued at $77,000 after buying an additional 12,000 shares in the last quarter. Finally, XTX Topco Ltd bought a new stake in shares of KLX Energy Services during the 1st quarter worth approximately $55,000. 42.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

KLXE has been the subject of several recent analyst reports. Wall Street Zen upgraded KLX Energy Services from a “sell” rating to a “hold” rating in a research note on Saturday, August 16th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of KLX Energy Services in a research note on Saturday. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

KLX Energy Services Trading Up 1.6%

KLX Energy Services stock opened at $1.87 on Monday. The stock has a 50-day moving average price of $1.87 and a two-hundred day moving average price of $1.93. KLX Energy Services Holdings, Inc. has a 12 month low of $1.46 and a 12 month high of $7.40. The company has a market capitalization of $33.36 million, a PE ratio of -0.46 and a beta of 0.95.

KLX Energy Services (NASDAQ:KLXE) last issued its quarterly earnings data on Tuesday, August 26th. The company reported ($0.88) earnings per share (EPS) for the quarter. The company had revenue of $159.00 million for the quarter. As a group, analysts predict that KLX Energy Services Holdings, Inc. will post -2.79 earnings per share for the current fiscal year.

KLX Energy Services Profile

KLX Energy Services Holdings, Inc provides drilling, completions, production, and well intervention services and products to the onshore oil and gas producing regions of the United States. The company operates through three segments: Southwest, Rocky Mountains, and Northeast/Mid-Con. It provides directional drilling services; downhole navigational and rental tools businesses and support services, including well planning, site supervision, accommodation rentals, and other drilling rentals; and various technologies, including gamma ray, azimuthal gamma ray, real-time continuous inclination and azimuth, rotary steerable, pressure-while-drilling, mode shifting, stick-slip and destructive dynamics, dynamic sequencing and real-time shock, and vibration modules.