Crestline Management LP Acquires New Holdings in Expro Group Holdings (NYSE:XPRO)

Crestline Management LP bought a new stake in shares of Expro Group Holdings (NYSE:XPRO) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 28,533 shares of the company’s stock, valued at approximately $356,000.

Several other large investors have also recently bought and sold shares of XPRO. R Squared Ltd bought a new stake in Expro Group in the fourth quarter worth about $27,000. Sterling Capital Management LLC grew its stake in shares of Expro Group by 824.7% in the 4th quarter. Sterling Capital Management LLC now owns 3,033 shares of the company’s stock worth $38,000 after purchasing an additional 2,705 shares during the last quarter. US Bancorp DE raised its holdings in shares of Expro Group by 56.0% in the 4th quarter. US Bancorp DE now owns 4,171 shares of the company’s stock worth $52,000 after purchasing an additional 1,497 shares in the last quarter. KBC Group NV lifted its stake in Expro Group by 75.3% during the fourth quarter. KBC Group NV now owns 5,968 shares of the company’s stock valued at $74,000 after purchasing an additional 2,563 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings in Expro Group by 1,413.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 11,126 shares of the company’s stock worth $139,000 after buying an additional 10,391 shares in the last quarter. Institutional investors and hedge funds own 92.07% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on XPRO. The Goldman Sachs Group dropped their price target on Expro Group from $17.00 to $12.00 and set a “neutral” rating on the stock in a report on Thursday, April 10th. Barclays cut their target price on Expro Group from $14.00 to $12.00 and set an “overweight” rating on the stock in a research report on Wednesday.

Expro Group Stock Up 0.9 %

Shares of NYSE:XPRO opened at $8.25 on Friday. The firm has a 50 day simple moving average of $9.07 and a 200 day simple moving average of $11.65. Expro Group Holdings has a 52 week low of $6.70 and a 52 week high of $24.50. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 1.98. The company has a market cap of $951.98 million, a PE ratio of 58.93, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17.

About Expro Group

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.