36,744 Shares in Expro Group Holdings N.V. $XPRO Purchased by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company purchased a new position in Expro Group Holdings N.V. (NYSE:XPRO) during the second quarter, HoldingsChannel reports. The institutional investor purchased 36,744 shares of the company’s stock, valued at approximately $543,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. US Bancorp DE increased its stake in shares of Expro Group by 8.6% during the 3rd quarter. US Bancorp DE now owns 10,062 shares of the company’s stock valued at $120,000 after acquiring an additional 799 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Expro Group by 0.3% in the fourth quarter. Wells Fargo & Company MN now owns 331,758 shares of the company’s stock worth $4,429,000 after acquiring an additional 945 shares during the last quarter. Focus Partners Wealth boosted its position in shares of Expro Group by 5.9% in the third quarter. Focus Partners Wealth now owns 17,147 shares of the company’s stock worth $206,000 after acquiring an additional 954 shares during the last quarter. Royal Bank of Canada boosted its position in shares of Expro Group by 43.8% in the first quarter. Royal Bank of Canada now owns 4,015 shares of the company’s stock worth $71,000 after acquiring an additional 1,222 shares during the last quarter. Finally, Jane Street Group LLC grew its holdings in Expro Group by 3.1% in the fourth quarter. Jane Street Group LLC now owns 48,691 shares of the company’s stock valued at $650,000 after purchasing an additional 1,446 shares during the period. Hedge funds and other institutional investors own 92.07% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on XPRO shares. Barclays dropped their price target on shares of Expro Group from $20.00 to $19.00 and set an “overweight” rating for the company in a research report on Friday, July 31st. Weiss Ratings upgraded shares of Expro Group from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, July 29th. The Goldman Sachs Group set a $19.00 price objective on shares of Expro Group in a research note on Thursday, June 4th. Zacks Research upgraded Expro Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 15th. Finally, Freedom Capital raised Expro Group from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $18.00.

Expro Group Trading Down 0.1%

NYSE:XPRO opened at $17.95 on Monday. The business’s 50-day moving average is $16.59 and its two-hundred day moving average is $16.47. The firm has a market capitalization of $2.02 billion, a PE ratio of 99.72 and a beta of 0.92. Expro Group Holdings N.V. has a 12 month low of $11.60 and a 12 month high of $19.23. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.13 and a quick ratio of 1.76.

Expro Group (NYSE:XPRO) last issued its earnings results on Tuesday, July 28th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.02). Expro Group had a return on equity of 3.27% and a net margin of 1.33%.The company had revenue of $393.18 million during the quarter, compared to analysts’ expectations of $387.36 million. During the same period in the previous year, the company earned $0.30 EPS. Expro Group’s quarterly revenue was down 7.0% on a year-over-year basis. Research analysts predict that Expro Group Holdings N.V. will post 0.53 earnings per share for the current fiscal year.

About Expro Group

Expro Group plc is a global energy services company that specializes in well flow management and well testing solutions for the oil and gas industry. The company’s core offerings include wellhead and pressure control systems, downhole well construction tools, subsea intervention services, and integrated tubular running services. These capabilities enable exploration and production companies to optimize well performance, enhance safety and mitigate operational risk throughout the drilling, completion and intervention phases of the well life cycle.

Founded in 1973, Expro has grown both organically and through targeted acquisitions to establish a presence in more than 30 countries.