Harbor Capital Advisors Inc. Buys 121,723 Shares of Expro Group Holdings (NYSE:XPRO)

Harbor Capital Advisors Inc. increased its holdings in shares of Expro Group Holdings (NYSE:XPRO) by 566.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 143,221 shares of the company’s stock after buying an additional 121,723 shares during the period. Harbor Capital Advisors Inc.’s holdings in Expro Group were worth $2,459,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of XPRO. Jennison Associates LLC boosted its stake in Expro Group by 129.3% during the first quarter. Jennison Associates LLC now owns 822,249 shares of the company’s stock worth $16,420,000 after acquiring an additional 463,584 shares in the last quarter. Essex Investment Management Co. LLC boosted its stake in Expro Group by 1.9% during the first quarter. Essex Investment Management Co. LLC now owns 88,193 shares of the company’s stock worth $1,761,000 after acquiring an additional 1,654 shares in the last quarter. Oxbow Advisors LLC boosted its stake in Expro Group by 41.5% during the first quarter. Oxbow Advisors LLC now owns 34,197 shares of the company’s stock worth $683,000 after acquiring an additional 10,031 shares in the last quarter. SG Americas Securities LLC bought a new stake in Expro Group during the first quarter worth about $141,000. Finally, Oppenheimer Asset Management Inc. bought a new stake in Expro Group during the first quarter worth about $1,356,000. Institutional investors own 92.07% of the company’s stock.

Analyst Ratings Changes

Separately, Barclays dropped their price objective on shares of Expro Group from $28.00 to $18.00 and set an “overweight” rating on the stock in a research note on Monday, October 28th.

Expro Group Trading Up 0.1 %

Shares of NYSE XPRO opened at $12.78 on Tuesday. The firm’s 50 day moving average price is $16.94 and its 200-day moving average price is $19.80. The company has a market cap of $1.50 billion, a PE ratio of 91.29, a P/E/G ratio of 1.52 and a beta of 0.99. Expro Group Holdings has a 52-week low of $12.66 and a 52-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.

Expro Group (NYSE:XPRO) last issued its earnings results on Thursday, October 24th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.04. The firm had revenue of $422.83 million for the quarter, compared to the consensus estimate of $436.62 million. Expro Group had a net margin of 0.98% and a return on equity of 3.70%. The business’s revenue was up 14.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.11) earnings per share. On average, equities research analysts expect that Expro Group Holdings will post 0.7 EPS for the current fiscal year.

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.