Guggenheim Capital LLC Purchases 3,608 Shares of Expro Group Holdings (NYSE:XPRO)

Guggenheim Capital LLC lifted its position in shares of Expro Group Holdings (NYSE:XPRO) by 24.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 18,270 shares of the company’s stock after buying an additional 3,608 shares during the quarter. Guggenheim Capital LLC’s holdings in Expro Group were worth $228,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of XPRO. R Squared Ltd purchased a new position in shares of Expro Group during the 4th quarter valued at $27,000. Sterling Capital Management LLC lifted its stake in shares of Expro Group by 824.7% during the 4th quarter. Sterling Capital Management LLC now owns 3,033 shares of the company’s stock valued at $38,000 after buying an additional 2,705 shares in the last quarter. US Bancorp DE lifted its stake in shares of Expro Group by 56.0% during the 4th quarter. US Bancorp DE now owns 4,171 shares of the company’s stock valued at $52,000 after buying an additional 1,497 shares in the last quarter. KBC Group NV lifted its stake in shares of Expro Group by 75.3% during the 4th quarter. KBC Group NV now owns 5,968 shares of the company’s stock valued at $74,000 after buying an additional 2,563 shares in the last quarter. Finally, Entropy Technologies LP purchased a new position in shares of Expro Group during the 4th quarter valued at $173,000. Hedge funds and other institutional investors own 92.07% of the company’s stock.

Expro Group Stock Down 1.7 %

Shares of XPRO stock opened at $8.04 on Tuesday. The stock has a market cap of $932.87 million, a P/E ratio of 57.43, a PEG ratio of 1.28 and a beta of 0.98. Expro Group Holdings has a 52 week low of $6.70 and a 52 week high of $24.50. The company has a quick ratio of 1.62, a current ratio of 1.98 and a debt-to-equity ratio of 0.09. The company’s fifty day simple moving average is $9.79 and its two-hundred day simple moving average is $12.15.

Wall Street Analyst Weigh In

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

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.