William Blair Investment Management LLC Boosts Holdings in Expro Group Holdings (NYSE:XPRO)

William Blair Investment Management LLC lifted its stake in Expro Group Holdings (NYSE:XPRO) by 37.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,809,682 shares of the company’s stock after purchasing an additional 758,449 shares during the quarter. William Blair Investment Management LLC owned 2.39% of Expro Group worth $35,037,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of XPRO. State of New Jersey Common Pension Fund D raised its position in shares of Expro Group by 13.1% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 96,996 shares of the company’s stock worth $1,665,000 after purchasing an additional 11,210 shares during the last quarter. GSA Capital Partners LLP purchased a new position in Expro Group in the 3rd quarter worth about $235,000. Victory Capital Management Inc. raised its position in Expro Group by 3.2% in the 3rd quarter. Victory Capital Management Inc. now owns 474,801 shares of the company’s stock worth $8,152,000 after buying an additional 14,748 shares during the last quarter. Jennison Associates LLC raised its position in Expro Group by 4.2% in the 3rd quarter. Jennison Associates LLC now owns 2,286,181 shares of the company’s stock worth $39,254,000 after buying an additional 91,961 shares during the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its position in Expro Group by 32.7% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 568,248 shares of the company’s stock worth $9,757,000 after buying an additional 140,189 shares during the last quarter. Hedge funds and other institutional investors own 92.07% of the company’s stock.

Wall Street Analyst Weigh In

XPRO has been the subject of a number of recent analyst reports. 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 initiated coverage on Expro Group in a research report on Friday, December 13th. They issued a “neutral” rating and a $18.00 target price for the company.

Expro Group Trading Down 0.6 %

Expro Group stock opened at $10.53 on Wednesday. The business has a 50-day simple moving average of $12.71 and a two-hundred day simple moving average of $14.02. The company has a market cap of $1.22 billion, a P/E ratio of 75.18, a P/E/G ratio of 1.28 and a beta of 1.12. Expro Group Holdings has a 52-week low of $9.85 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.

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.