Aurora Investment Counsel Increases Stock Position in XPEL, Inc. (NASDAQ:XPEL)

Aurora Investment Counsel boosted its holdings in XPEL, Inc. (NASDAQ:XPEL) by 29.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,442 shares of the company’s stock after purchasing an additional 10,608 shares during the quarter. Aurora Investment Counsel’s holdings in XPEL were worth $1,651,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of XPEL. The Manufacturers Life Insurance Company lifted its position in XPEL by 14.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 13,142 shares of the company’s stock worth $467,000 after acquiring an additional 1,653 shares during the period. Bank of Montreal Can lifted its holdings in shares of XPEL by 47.0% during the second quarter. Bank of Montreal Can now owns 48,133 shares of the company’s stock worth $1,746,000 after purchasing an additional 15,385 shares during the period. Public Sector Pension Investment Board grew its position in XPEL by 6.1% in the 2nd quarter. Public Sector Pension Investment Board now owns 46,845 shares of the company’s stock valued at $1,666,000 after buying an additional 2,689 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of XPEL by 7.6% in the second quarter. Sei Investments Co. now owns 146,396 shares of the company’s stock valued at $5,206,000 after acquiring an additional 10,300 shares in the last quarter. Finally, Bridges Investment Management Inc. purchased a new stake in XPEL in the 2nd quarter valued at approximately $247,000. Institutional investors and hedge funds own 75.08% of the company’s stock.

XPEL Price Performance

Shares of NASDAQ:XPEL opened at $43.37 on Tuesday. The firm has a market capitalization of $1.20 billion, a price-to-earnings ratio of 25.07 and a beta of 1.84. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.77 and a quick ratio of 1.62. The business’s 50 day simple moving average is $41.88 and its 200-day simple moving average is $42.42. XPEL, Inc. has a 12 month low of $30.75 and a 12 month high of $78.62.

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. The firm had revenue of $109.92 million during the quarter, compared to analysts’ expectations of $105.67 million. XPEL had a return on equity of 26.80% and a net margin of 11.59%. XPEL’s revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.57 earnings per share. As a group, equities analysts forecast that XPEL, Inc. will post 1.65 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. B. Riley raised XPEL from a “neutral” rating to a “buy” rating and raised their target price for the company from $37.00 to $58.00 in a report on Friday, August 9th. Craig Hallum upgraded shares of XPEL from a “hold” rating to a “buy” rating in a research note on Thursday, August 8th.

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.