XPEL, Inc. (NASDAQ:XPEL) Shares Purchased by Public Sector Pension Investment Board

Public Sector Pension Investment Board increased its stake in shares of XPEL, Inc. (NASDAQ:XPEL) by 6.1% during the 2nd quarter, Holdings Channel.com reports. The fund owned 46,845 shares of the company’s stock after purchasing an additional 2,689 shares during the quarter. Public Sector Pension Investment Board’s holdings in XPEL were worth $1,666,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of XPEL. Dimensional Fund Advisors LP raised its stake in XPEL by 13.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 376,013 shares of the company’s stock worth $20,248,000 after acquiring an additional 45,947 shares in the last quarter. Capital World Investors raised its stake in XPEL by 34.9% during the 4th quarter. Capital World Investors now owns 903,527 shares of the company’s stock worth $48,655,000 after acquiring an additional 233,542 shares in the last quarter. Aristides Capital LLC acquired a new stake in XPEL during the 4th quarter worth $247,000. Wasatch Advisors LP raised its stake in XPEL by 25.6% during the 4th quarter. Wasatch Advisors LP now owns 3,614,809 shares of the company’s stock worth $194,657,000 after acquiring an additional 737,094 shares in the last quarter. Finally, Bares Capital Management Inc. raised its stake in XPEL by 13.0% during the 4th quarter. Bares Capital Management Inc. now owns 726,082 shares of the company’s stock worth $39,100,000 after acquiring an additional 83,311 shares in the last quarter. 75.08% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently commented on XPEL. B. Riley upgraded shares of XPEL from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $37.00 to $58.00 in a research note on Friday, August 9th. Craig Hallum raised shares of XPEL from a “hold” rating to a “buy” rating in a research report on Thursday, August 8th.

XPEL Trading Down 0.4 %

Shares of XPEL stock opened at $43.37 on Tuesday. XPEL, Inc. has a 1 year low of $30.75 and a 1 year high of $78.62. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.62 and a current ratio of 4.77. The company has a market capitalization of $1.20 billion, a P/E ratio of 25.07 and a beta of 1.84. The company’s fifty day moving average is $41.88 and its two-hundred day moving average is $42.42.

XPEL (NASDAQ:XPEL) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.08. XPEL had a net margin of 11.59% and a return on equity of 26.80%. The company had revenue of $109.92 million for the quarter, compared to the consensus estimate of $105.67 million. During the same period last year, the firm posted $0.57 EPS. XPEL’s revenue for the quarter was up 7.5% on a year-over-year basis. Analysts forecast that XPEL, Inc. will post 1.65 earnings per share for the current year.

XPEL Company Profile

XPEL, Inc sells, distributes, and installs protective films and coatings worldwide. The company offers automotive surface and paint protection film, headlight protection, and automotive and architectural window films, as well as proprietary DAP software. It also provides pre-cut film products, merchandise and apparel, ceramic coatings, and tools and accessories.