Virtu Financial LLC Makes New $77,000 Investment in KLX Energy Services Holdings, Inc. (NASDAQ:KLXE)

Virtu Financial LLC purchased a new stake in shares of KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) in the 3rd quarter, Holdings Channel reports. The fund purchased 14,019 shares of the company’s stock, valued at approximately $77,000.

Other hedge funds also recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its holdings in shares of KLX Energy Services by 4.8% in the 3rd quarter. Geode Capital Management LLC now owns 160,342 shares of the company’s stock worth $877,000 after purchasing an additional 7,328 shares in the last quarter. Clifford Capital Partners LLC boosted its position in shares of KLX Energy Services by 13.9% during the second quarter. Clifford Capital Partners LLC now owns 70,347 shares of the company’s stock valued at $348,000 after buying an additional 8,589 shares during the last quarter. PDT Partners LLC increased 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 worth $108,000 after buying an additional 8,901 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in KLX Energy Services by 89,460.0% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 8,956 shares of the company’s stock worth $44,000 after buying an additional 8,946 shares during the last quarter. Finally, Sequoia Financial Advisors LLC bought a new position in KLX Energy Services during the 3rd quarter valued at about $58,000. 42.69% of the stock is currently owned by hedge funds and other institutional investors.

KLX Energy Services Stock Performance

Shares of KLXE stock opened at $4.41 on Friday. The company has a quick ratio of 1.08, a current ratio of 1.24 and a debt-to-equity ratio of 105.76. The company has a 50 day moving average price of $5.25 and a 200-day moving average price of $5.56. KLX Energy Services Holdings, Inc. has a 52 week low of $4.18 and a 52 week high of $12.13. The firm has a market capitalization of $74.35 million, a PE ratio of -1.49 and a beta of 2.12.

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

KLX Energy Services 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.