Emerald Mutual Fund Advisers Trust Has $1.82 Million Stock Position in Expro Group Holdings (NYSE:XPRO)

Emerald Mutual Fund Advisers Trust cut its stake in shares of Expro Group Holdings (NYSE:XPRO) by 80.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 145,625 shares of the company’s stock after selling 593,455 shares during the period. Emerald Mutual Fund Advisers Trust’s holdings in Expro Group were worth $1,816,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in XPRO. Barclays PLC grew its position in Expro Group by 40.1% during the third quarter. Barclays PLC now owns 473,492 shares of the company’s stock worth $8,129,000 after buying an additional 135,481 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Expro Group by 479.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 251,883 shares of the company’s stock worth $4,325,000 after purchasing an additional 208,443 shares in the last quarter. SG Americas Securities LLC raised its stake in Expro Group by 60.4% in the fourth quarter. SG Americas Securities LLC now owns 35,995 shares of the company’s stock valued at $449,000 after purchasing an additional 13,553 shares in the last quarter. KBC Group NV lifted its position in Expro Group by 75.3% during the fourth quarter. KBC Group NV now owns 5,968 shares of the company’s stock worth $74,000 after purchasing an additional 2,563 shares during the period. Finally, R Squared Ltd acquired a new stake in Expro Group during the fourth quarter worth about $27,000. Institutional investors own 92.07% of the company’s stock.

Expro Group Stock Performance

NYSE:XPRO opened at $8.04 on Tuesday. The company has a market capitalization of $932.87 million, a PE ratio of 57.43, a P/E/G ratio of 1.28 and a beta of 0.98. Expro Group Holdings has a fifty-two week low of $6.70 and a fifty-two week high of $24.50. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 1.98. The company has a 50 day simple moving average of $9.79 and a two-hundred day simple moving average of $12.15.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on XPRO shares. The Goldman Sachs Group reduced their price target on shares of Expro Group from $17.00 to $12.00 and set a “neutral” rating on the stock in a research report on Thursday, April 10th. Barclays decreased their price target on Expro Group from $17.00 to $14.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 5th.

Expro Group Profile

Expro Group Holdings N.V. engages in the provision of energy services in North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific. The company provides well construction services, such as technology solutions in drilling, tubular running services, and cementing and tubulars; and well management services, including well flow management, subsea well access, and well intervention and integrity solutions.