New York State Teachers Retirement System Trims Stake in XPEL, Inc. (NASDAQ:XPEL)

New York State Teachers Retirement System lowered its stake in XPEL, Inc. (NASDAQ:XPEL) by 3.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 20,714 shares of the company’s stock after selling 784 shares during the period. New York State Teachers Retirement System owned 0.07% of XPEL worth $1,115,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. BlackRock Inc. grew its stake in shares of XPEL by 0.9% in the 2nd quarter. BlackRock Inc. now owns 3,270,378 shares of the company’s stock worth $275,431,000 after buying an additional 29,662 shares during the last quarter. Wasatch Advisors Inc. grew its stake in shares of XPEL by 16.7% in the 1st quarter. Wasatch Advisors Inc. now owns 2,876,402 shares of the company’s stock worth $151,328,000 after buying an additional 411,462 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of XPEL by 3.2% in the 3rd quarter. Vanguard Group Inc. now owns 1,460,865 shares of the company’s stock worth $112,647,000 after buying an additional 45,304 shares during the last quarter. Finally, State Street Corp grew its stake in shares of XPEL by 4.2% in the 2nd quarter. State Street Corp now owns 696,617 shares of the company’s stock worth $58,669,000 after buying an additional 27,905 shares during the last quarter. Hedge funds and other institutional investors own 75.08% of the company’s stock.

XPEL Stock Performance

XPEL stock opened at $52.31 on Thursday. The company has a quick ratio of 1.10, a current ratio of 4.02 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $1.45 billion, a P/E ratio of 27.53 and a beta of 1.84. The stock’s 50 day moving average is $53.72 and its 200 day moving average is $53.41. XPEL, Inc. has a twelve month low of $40.77 and a twelve month high of $87.46.

XPEL (NASDAQ:XPEL) last posted its quarterly earnings results on Thursday, February 22nd. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.02). The company had revenue of $105.54 million during the quarter, compared to analysts’ expectations of $96.61 million. XPEL had a return on equity of 34.38% and a net margin of 13.32%. The business’s quarterly revenue was up 34.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.30 EPS. On average, equities research analysts predict that XPEL, Inc. will post 2.2 earnings per share for the current fiscal year.

XPEL 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.