Massachusetts Financial Services Co. MA Has $24.01 Million Position in Expro Group Holdings (NYSE:XPRO)

Massachusetts Financial Services Co. MA lifted its position in Expro Group Holdings (NYSE:XPRO) by 19.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,925,259 shares of the company’s stock after acquiring an additional 318,043 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Expro Group were worth $24,008,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. R Squared Ltd bought a new stake in Expro Group in the fourth quarter valued at approximately $27,000. US Bancorp DE grew 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 valued at $52,000 after buying an additional 1,497 shares during the period. KBC Group NV increased its position in shares of Expro Group by 75.3% in the 4th quarter. KBC Group NV now owns 5,968 shares of the company’s stock valued at $74,000 after buying an additional 2,563 shares in the last quarter. Entropy Technologies LP acquired a new stake in Expro Group during the 4th quarter worth $173,000. Finally, KLP Kapitalforvaltning AS bought a new position in Expro Group during the fourth quarter worth about $222,000. Institutional investors own 92.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on XPRO shares. The Goldman Sachs Group assumed coverage on Expro Group in a research report on Friday, December 13th. They set a “neutral” rating and a $18.00 price target on the stock. Barclays dropped their target price on shares of Expro Group from $17.00 to $14.00 and set an “overweight” rating on the stock in a report on Wednesday, March 5th.

Expro Group Stock Performance

Shares of Expro Group stock opened at $7.91 on Monday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.98 and a quick ratio of 1.62. The firm has a market cap of $919.97 million, a price-to-earnings ratio of 56.47, a price-to-earnings-growth ratio of 1.28 and a beta of 0.98. Expro Group Holdings has a one year low of $7.44 and a one year high of $24.50. The stock’s 50-day moving average is $11.65 and its 200-day moving average is $13.29.

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.