XTX Topco Ltd Makes New $146,000 Investment in KLX Energy Services Holdings, Inc. (NASDAQ:KLXE)

XTX Topco Ltd acquired a new stake in KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 26,739 shares of the company’s stock, valued at approximately $146,000. XTX Topco Ltd owned 0.16% of KLX Energy Services at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. PDT Partners LLC boosted its holdings in KLX Energy Services by 82.4% in the 3rd quarter. PDT Partners LLC now owns 19,699 shares of the company’s stock valued at $108,000 after purchasing an additional 8,901 shares during the period. PEAK6 Investments LLC raised its position in shares of KLX Energy Services by 566.6% during the third quarter. PEAK6 Investments LLC now owns 29,882 shares of the company’s stock valued at $163,000 after buying an additional 36,286 shares during the last quarter. Clifford Capital Partners LLC lifted its stake in shares of KLX Energy Services by 13.7% in the third quarter. Clifford Capital Partners LLC now owns 79,985 shares of the company’s stock valued at $438,000 after buying an additional 9,638 shares during the period. Sequoia Financial Advisors LLC bought a new stake in shares of KLX Energy Services in the third quarter valued at about $58,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in KLX Energy Services during the second quarter worth about $156,000. Institutional investors and hedge funds own 42.69% of the company’s stock.

KLX Energy Services Trading Up 1.4 %

KLX Energy Services stock opened at $4.47 on Friday. KLX Energy Services Holdings, Inc. has a 12 month low of $4.18 and a 12 month high of $12.13. The stock has a market cap of $75.36 million, a price-to-earnings ratio of -1.51 and a beta of 2.12. The business has a 50 day moving average price of $5.22 and a two-hundred day moving average price of $5.55. The company has a quick ratio of 1.08, a current ratio of 1.24 and a debt-to-equity ratio of 105.76.

KLX Energy Services (NASDAQ:KLXE) last issued its earnings results on Thursday, October 31st. The company reported ($0.40) EPS for the quarter, beating analysts’ consensus estimates of ($0.48) by $0.08. KLX Energy Services had a negative return on equity of 244.12% and a negative net margin of 6.45%. The business had revenue of $188.90 million during the quarter, compared to analyst estimates of $181.60 million. As a group, equities analysts forecast that KLX Energy Services Holdings, Inc. will post -2.83 EPS for the current year.

KLX Energy Services Company Profile

KLX Energy Services Holdings, Inc provides drilling, completions, production, and well intervention services and products to the onshore oil and gas producing regions of the United States. The company operates through three segments: Southwest, Rocky Mountains, and Northeast/Mid-Con. It provides directional drilling services; downhole navigational and rental tools businesses and support services, including well planning, site supervision, accommodation rentals, and other drilling rentals; and various technologies, including gamma ray, azimuthal gamma ray, real-time continuous inclination and azimuth, rotary steerable, pressure-while-drilling, mode shifting, stick-slip and destructive dynamics, dynamic sequencing and real-time shock, and vibration modules.