Janus Henderson Group PLC Sells 11,600 Shares of Expro Group Holdings (NYSE:XPRO)

Janus Henderson Group PLC reduced its stake in Expro Group Holdings (NYSE:XPRO) by 24.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,788 shares of the company’s stock after selling 11,600 shares during the period. Janus Henderson Group PLC’s holdings in Expro Group were worth $614,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Point72 Hong Kong Ltd bought a new position in shares of Expro Group in the 3rd quarter worth approximately $171,000. Edgestream Partners L.P. purchased a new stake in Expro Group in the third quarter worth $1,174,000. Walleye Capital LLC raised its holdings in Expro Group by 199.2% in the third quarter. Walleye Capital LLC now owns 27,457 shares of the company’s stock worth $471,000 after purchasing an additional 18,280 shares in the last quarter. Quantbot Technologies LP purchased a new position in Expro Group during the third quarter valued at $1,280,000. Finally, Loomis Sayles & Co. L P bought a new stake in shares of Expro Group during the 3rd quarter valued at $16,159,000. 92.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on XPRO shares. The Goldman Sachs Group started coverage on shares of Expro Group in a research note on Friday. They issued a “neutral” rating and a $18.00 price target for the company. Barclays lowered their target price on shares of Expro Group from $28.00 to $18.00 and set an “overweight” rating for the company in a report on Monday, October 28th.

Expro Group Price Performance

Shares of NYSE:XPRO opened at $11.12 on Friday. The business has a fifty day moving average price of $14.15 and a 200-day moving average price of $18.33. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.98 and a quick ratio of 1.62. The company has a market capitalization of $1.31 billion, a PE ratio of 79.43, a PEG ratio of 1.43 and a beta of 1.00. Expro Group Holdings has a 1-year low of $11.09 and a 1-year high of $24.50.

Expro Group (NYSE:XPRO) last released its quarterly earnings data on Thursday, October 24th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. Expro Group had a net margin of 0.98% and a return on equity of 3.70%. The business had revenue of $422.83 million during the quarter, compared to analyst estimates of $436.62 million. During the same period last year, the business earned ($0.11) EPS. Expro Group’s revenue was up 14.3% compared to the same quarter last year. As a group, equities analysts expect that Expro Group Holdings will post 0.7 EPS for the current fiscal year.

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.