Boston Partners Reduces Stock Holdings in Expro Group Holdings (NYSE:XPRO)

Boston Partners lowered its holdings in shares of Expro Group Holdings (NYSE:XPRO) by 98.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,959 shares of the company’s stock after selling 1,717,129 shares during the quarter. Boston Partners’ holdings in Expro Group were worth $349,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in XPRO. GSA Capital Partners LLP purchased a new stake in Expro Group during the third quarter valued at approximately $235,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its holdings in Expro Group by 32.7% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 568,248 shares of the company’s stock worth $9,757,000 after purchasing an additional 140,189 shares during the period. Intech Investment Management LLC purchased a new position in Expro Group during the third quarter valued at $477,000. Charles Schwab Investment Management Inc. grew its holdings in Expro Group by 20.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,052,729 shares of the company’s stock valued at $18,075,000 after purchasing an additional 176,132 shares during the period. Finally, Westfield Capital Management Co. LP purchased a new stake in Expro Group in the third quarter worth about $26,481,000. Institutional investors own 92.07% of the company’s stock.

Expro Group Stock Performance

NYSE XPRO opened at $10.26 on Monday. The company has a quick ratio of 1.62, a current ratio of 1.98 and a debt-to-equity ratio of 0.09. Expro Group Holdings has a twelve month low of $9.85 and a twelve month high of $24.50. The business has a 50-day moving average price of $12.53 and a 200-day moving average price of $13.84. The firm has a market cap of $1.19 billion, a price-to-earnings ratio of 73.26, a price-to-earnings-growth ratio of 1.28 and a beta of 1.12.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Barclays cut their price objective on Expro Group from $17.00 to $14.00 and set an “overweight” rating for the company in a research note on Wednesday, March 5th. The Goldman Sachs Group initiated coverage on shares of Expro Group in a research report on Friday, December 13th. They issued a “neutral” rating and a $18.00 price target for the company.

Expro Group Company 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.