Versor Investments LP Purchases Shares of 19,800 Expro Group Holdings (NYSE:XPRO)

Versor Investments LP purchased a new stake in shares of Expro Group Holdings (NYSE:XPROFree Report) in the 4th quarter, HoldingsChannel reports. The fund purchased 19,800 shares of the company’s stock, valued at approximately $315,000.

Several other hedge funds have also modified their holdings of the company. Federated Hermes Inc. raised its position in shares of Expro Group by 93,847.1% in the 4th quarter. Federated Hermes Inc. now owns 175,681 shares of the company’s stock valued at $2,797,000 after purchasing an additional 175,494 shares during the last quarter. Glenorchy Capital Ltd purchased a new position in shares of Expro Group in the 4th quarter valued at approximately $838,000. Capricorn Fund Managers Ltd purchased a new position in shares of Expro Group in the 4th quarter valued at approximately $159,000. Essex Investment Management Co. LLC purchased a new position in shares of Expro Group in the 3rd quarter valued at approximately $2,050,000. Finally, Invesco Ltd. raised its position in shares of Expro Group by 92.8% in the 3rd quarter. Invesco Ltd. now owns 380,932 shares of the company’s stock valued at $8,849,000 after purchasing an additional 183,312 shares during the last quarter. 92.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Barclays raised shares of Expro Group from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $18.00 to $27.00 in a research report on Tuesday.

Check Out Our Latest Research Report on Expro Group

Expro Group Trading Up 4.0 %

Shares of NYSE:XPRO opened at $20.99 on Wednesday. Expro Group Holdings has a twelve month low of $14.33 and a twelve month high of $25.04. The company’s 50 day moving average is $19.31 and its 200 day moving average is $17.55. The company has a current ratio of 1.85, a quick ratio of 1.50 and a debt-to-equity ratio of 0.04.

Expro Group (NYSE:XPROGet Free Report) last issued its quarterly earnings results on Wednesday, February 21st. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.07). Expro Group had a positive return on equity of 0.76% and a negative net margin of 1.26%. The business had revenue of $406.75 million during the quarter, compared to analyst estimates of $382.91 million. During the same quarter last year, the company posted $0.12 EPS. Expro Group’s quarterly revenue was up 15.9% compared to the same quarter last year. Analysts expect that Expro Group Holdings will post 0.81 EPS for the current fiscal year.

Expro Group Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Expro Group (NYSE:XPRO)

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