The Manufacturers Life Insurance Company increased its stake in Expro Group Holdings (NYSE:XPRO – Free Report) by 9.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 48,317 shares of the company’s stock after purchasing an additional 4,114 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Expro Group were worth $1,107,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of the stock. GAMMA Investing LLC grew its stake in Expro Group by 58.0% in the 1st quarter. GAMMA Investing LLC now owns 1,452 shares of the company’s stock valued at $29,000 after buying an additional 533 shares in the last quarter. Jennison Associates LLC grew its stake in Expro Group by 129.3% in the 1st quarter. Jennison Associates LLC now owns 822,249 shares of the company’s stock valued at $16,420,000 after buying an additional 463,584 shares in the last quarter. 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 valued at $1,761,000 after buying an additional 1,654 shares in the last quarter. Oxbow Advisors LLC grew its stake in Expro Group by 41.5% in the 1st quarter. Oxbow Advisors LLC now owns 34,197 shares of the company’s stock valued at $683,000 after buying an additional 10,031 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new position in Expro Group in the 1st quarter valued at approximately $141,000. Institutional investors own 92.07% of the company’s stock.
Expro Group Stock Up 4.8 %
Shares of NYSE:XPRO opened at $17.83 on Friday. Expro Group Holdings has a 52-week low of $14.33 and a 52-week high of $24.50. The firm has a fifty day moving average of $18.59 and a 200 day moving average of $20.33. The firm has a market capitalization of $2.09 billion, a PE ratio of -137.15, a price-to-earnings-growth ratio of 1.83 and a beta of 0.96. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.56 and a current ratio of 1.90.
Analysts Set New Price Targets
Separately, Barclays boosted their price target on shares of Expro Group from $27.00 to $28.00 and gave the company an “overweight” rating in a research report on Wednesday, July 31st.
Get Our Latest Research Report on Expro Group
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.
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