Quantbot Technologies LP Buys 17,582 Shares of Expro Group Holdings (NYSE:XPRO)

Quantbot Technologies LP lifted its stake in Expro Group Holdings (NYSE:XPRO) by 23.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 92,143 shares of the company’s stock after buying an additional 17,582 shares during the period. Quantbot Technologies LP’s holdings in Expro Group were worth $1,149,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in XPRO. US Bancorp DE raised its holdings in Expro Group by 56.0% in the 4th quarter. US Bancorp DE now owns 4,171 shares of the company’s stock valued at $52,000 after acquiring an additional 1,497 shares in the last quarter. R Squared Ltd bought a new position in Expro Group in the fourth quarter worth $27,000. Rhumbline Advisers raised its stake in shares of Expro Group by 1.6% in the 4th quarter. Rhumbline Advisers now owns 153,159 shares of the company’s stock valued at $1,910,000 after buying an additional 2,477 shares in the last quarter. KBC Group NV lifted its holdings 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 worth $74,000 after acquiring an additional 2,563 shares during the period. Finally, Legato Capital Management LLC boosted its position in shares of Expro Group by 8.9% during the 4th quarter. Legato Capital Management LLC now owns 44,301 shares of the company’s stock valued at $552,000 after acquiring an additional 3,610 shares in the last quarter. 92.07% of the stock is owned by institutional investors and hedge funds.

Expro Group Stock Up 0.8 %

Shares of XPRO opened at $10.71 on Wednesday. The company has a market capitalization of $1.25 billion, a P/E ratio of 76.51, a PEG ratio of 1.28 and a beta of 1.12. Expro Group Holdings has a one year low of $9.85 and a one year high of $24.50. The business’s 50 day simple moving average is $12.39 and its 200-day simple moving average is $13.74. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.98 and a quick ratio of 1.62.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on XPRO shares. Barclays cut their price target on shares of Expro Group from $17.00 to $14.00 and set an “overweight” rating for the company in a research note on Wednesday, March 5th. The Goldman Sachs Group initiated coverage on Expro Group in a research report on Friday, December 13th. They issued a “neutral” rating and a $18.00 price target on the stock.

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.