AQR Capital Management LLC Purchases New Shares in Expro Group Holdings (NYSE:XPRO)

AQR Capital Management LLC acquired a new stake in Expro Group Holdings (NYSE:XPRO) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 21,347 shares of the company’s stock, valued at approximately $489,000.

Other large investors have also recently bought and sold shares of the company. GAMMA Investing LLC raised its holdings 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 during the last quarter. Gamco Investors INC. ET AL boosted its position in shares of Expro Group by 0.9% during the first 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 during the last quarter. ProShare Advisors LLC boosted its holdings in Expro Group by 8.5% during the first quarter. ProShare Advisors LLC now owns 16,099 shares of the company’s stock worth $321,000 after purchasing an additional 1,267 shares during the last quarter. Essex Investment Management Co. LLC boosted its position in Expro Group by 1.9% in the first quarter. Essex Investment Management Co. LLC now owns 88,193 shares of the company’s stock worth $1,761,000 after purchasing an additional 1,654 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Expro Group by 11.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 25,090 shares of the company’s stock valued at $575,000 after acquiring an additional 2,649 shares during the last quarter. 92.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Barclays upped their price target on shares of Expro Group from $27.00 to $28.00 and gave the company an “overweight” rating in a research note on Wednesday, July 31st.

Expro Group Stock Down 1.6 %

Shares of NYSE:XPRO opened at $17.54 on Tuesday. The firm has a market capitalization of $1.94 billion, a PE ratio of -97.44, 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. 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 $18.56 and a 200 day moving average of $20.31.

Expro Group (NYSE:XPRO) last announced its quarterly earnings data on Thursday, July 25th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.02). The firm 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%. As a group, research analysts anticipate 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.