Price T Rowe Associates Inc. MD Acquires 436,411 Shares of Expro Group Holdings (NYSE:XPRO)

Price T Rowe Associates Inc. MD grew its holdings in shares of Expro Group Holdings (NYSE:XPRO) by 11.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,376,250 shares of the company’s stock after buying an additional 436,411 shares during the period. Price T Rowe Associates Inc. MD’s holdings in Expro Group were worth $54,573,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of XPRO. American Century Companies Inc. boosted its stake in Expro Group by 32.3% in the 4th quarter. American Century Companies Inc. now owns 4,206,985 shares of the company’s stock worth $52,461,000 after purchasing an additional 1,027,825 shares in the last quarter. William Blair Investment Management LLC boosted its stake in Expro Group by 37.0% in the 4th quarter. William Blair Investment Management LLC now owns 2,809,682 shares of the company’s stock worth $35,037,000 after purchasing an additional 758,449 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Expro Group by 18.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,754,280 shares of the company’s stock worth $59,283,000 after purchasing an additional 728,836 shares in the last quarter. CenterBook Partners LP bought a new position in Expro Group in the 4th quarter worth about $7,794,000. Finally, Leeward Investments LLC MA bought a new position in Expro Group in the 4th quarter worth about $7,026,000. Institutional investors own 92.07% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Barclays decreased their target price on Expro Group from $17.00 to $14.00 and set an “overweight” rating for the company in a research report on Wednesday, March 5th. The Goldman Sachs Group decreased their target price on Expro Group from $17.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, April 10th.

Expro Group Price Performance

Shares of NYSE:XPRO opened at $8.04 on Tuesday. Expro Group Holdings has a fifty-two week low of $6.70 and a fifty-two week high of $24.50. The firm has a market cap of $932.87 million, a price-to-earnings ratio of 57.43, a price-to-earnings-growth ratio of 1.28 and a beta of 0.98. 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 business has a 50-day simple moving average of $9.79 and a two-hundred day simple moving average of $12.15.

About Expro Group

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.