Expro Group Holdings (NYSE:XPRO) Shares Purchased by Viking Fund Management LLC

Viking Fund Management LLC raised its holdings in shares of Expro Group Holdings (NYSE:XPRO) by 25.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 100,000 shares of the company’s stock after purchasing an additional 20,000 shares during the quarter. Viking Fund Management LLC owned 0.09% of Expro Group worth $994,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Barclays PLC grew its stake in Expro Group by 40.1% during the 3rd quarter. Barclays PLC now owns 473,492 shares of the company’s stock valued at $8,129,000 after purchasing an additional 135,481 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in Expro Group by 19.8% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,925,259 shares of the company’s stock valued at $24,008,000 after purchasing an additional 318,043 shares in the last quarter. Sei Investments Co. grew its position in shares of Expro Group by 66.6% in the 4th quarter. Sei Investments Co. now owns 50,950 shares of the company’s stock worth $635,000 after acquiring an additional 20,365 shares in the last quarter. Invesco Ltd. grew its position in shares of Expro Group by 58.5% in the 4th quarter. Invesco Ltd. now owns 222,519 shares of the company’s stock worth $2,775,000 after acquiring an additional 82,142 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in shares of Expro Group by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 10,236,260 shares of the company’s stock worth $127,646,000 after acquiring an additional 260,914 shares in the last quarter. Institutional investors and hedge funds own 92.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on XPRO. Barclays decreased their target price on Expro Group from $14.00 to $12.00 and set an “overweight” rating for the company in a research report on Wednesday, May 7th. Wells Fargo & Company began coverage on Expro Group in a research report on Tuesday, May 27th. They issued an “overweight” rating and a $12.00 target price for the company. Finally, The Goldman Sachs Group decreased their target price on Expro Group from $17.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, April 10th.

Expro Group Price Performance

Shares of XPRO opened at $8.30 on Tuesday. The firm has a market cap of $957.51 million, a price-to-earnings ratio of 59.28, a PEG ratio of 1.28 and a beta of 1.17. Expro Group Holdings has a 52 week low of $6.70 and a 52 week high of $24.50. The company has a current ratio of 1.98, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The stock has a 50 day moving average of $8.35 and a 200-day moving average of $11.06.

Expro Group 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.