CoreCommodity Management LLC Reduces Stake in Expro Group Holdings (NYSE:XPRO)

CoreCommodity Management LLC trimmed its position in shares of Expro Group Holdings (NYSE:XPRO) by 4.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 67,641 shares of the company’s stock after selling 2,799 shares during the quarter. CoreCommodity Management LLC owned approximately 0.06% of Expro Group worth $843,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. R Squared Ltd purchased a new stake in shares of Expro Group in the 4th quarter worth about $27,000. Sterling Capital Management LLC raised its position in Expro Group by 824.7% during the fourth quarter. Sterling Capital Management LLC now owns 3,033 shares of the company’s stock worth $38,000 after acquiring an additional 2,705 shares during the last quarter. US Bancorp DE lifted its holdings in shares of Expro Group by 56.0% in the fourth quarter. US Bancorp DE now owns 4,171 shares of the company’s stock valued at $52,000 after purchasing an additional 1,497 shares in the last quarter. KBC Group NV grew its position in shares of Expro Group by 75.3% in the fourth quarter. KBC Group NV now owns 5,968 shares of the company’s stock valued at $74,000 after purchasing an additional 2,563 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its stake in shares of Expro Group by 1,413.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 11,126 shares of the company’s stock worth $139,000 after purchasing an additional 10,391 shares in the last quarter. Institutional investors and hedge funds own 92.07% of the company’s stock.

Expro Group Stock Performance

Shares of NYSE XPRO opened at $7.70 on Wednesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.98 and a quick ratio of 1.62. The company has a market cap of $887.93 million, a PE ratio of 54.97, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. The company has a 50-day simple moving average of $9.24 and a 200-day simple moving average of $11.81. Expro Group Holdings has a 12 month low of $6.70 and a 12 month high of $24.50.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Barclays reduced their target price 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. The Goldman Sachs Group reduced their price objective on Expro Group from $17.00 to $12.00 and set a “neutral” rating on the stock in a research report on Thursday, April 10th.

Expro Group Company 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.