85,786 Shares in Expro Group Holdings (NYSE:XPRO) Purchased by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D acquired a new position in Expro Group Holdings (NYSE:XPRO) in the 2nd quarter, HoldingsChannel reports. The fund acquired 85,786 shares of the company’s stock, valued at approximately $1,966,000.

Several other large investors have also modified their holdings of XPRO. GAMMA Investing LLC grew its holdings in shares of Expro Group by 58.0% in the first quarter. GAMMA Investing LLC now owns 1,452 shares of the company’s stock worth $29,000 after purchasing an additional 533 shares during the last quarter. Gamco Investors INC. ET AL lifted its holdings in Expro Group by 0.9% during the 1st quarter. Gamco Investors INC. ET AL now owns 61,765 shares of the company’s stock valued at $1,233,000 after buying an additional 550 shares in the last quarter. ProShare Advisors LLC boosted its position in Expro Group by 8.5% in the 1st quarter. ProShare Advisors LLC now owns 16,099 shares of the company’s stock valued at $321,000 after buying an additional 1,267 shares during the period. Essex Investment Management Co. LLC grew its stake in Expro Group by 1.9% in the 1st 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. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Expro Group by 11.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 25,090 shares of the company’s stock worth $575,000 after acquiring an additional 2,649 shares during the period. Hedge funds and other institutional investors own 92.07% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on XPRO. Barclays boosted their price target on Expro Group from $27.00 to $28.00 and gave the company an “overweight” rating in a report on Wednesday, July 31st. The Goldman Sachs Group reiterated a “neutral” rating and issued a $23.00 target price (up from $22.00) on shares of Expro Group in a report on Monday, June 3rd.

Expro Group Trading Down 0.1 %

NYSE XPRO opened at $17.98 on Friday. Expro Group Holdings has a one year low of $14.33 and a one year high of $25.04. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.56 and a current ratio of 1.90. The company has a market capitalization of $1.99 billion, a price-to-earnings ratio of -99.89, a price-to-earnings-growth ratio of 1.90 and a beta of 0.97. The company’s 50-day simple moving average is $20.33 and its two-hundred day simple moving average is $20.49.

Expro Group (NYSE:XPRO) last released its quarterly earnings data on Thursday, July 25th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.02). The business had revenue of $469.64 million for the quarter, compared to the consensus estimate of $419.20 million. Expro Group had a negative net margin of 0.84% and a positive return on equity of 1.43%. Equities analysts forecast that Expro Group Holdings will post 0.77 EPS for the current fiscal year.

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.