American Century Companies Inc. Buys 1,027,825 Shares of Expro Group Holdings (NYSE:XPRO)

American Century Companies Inc. lifted its stake in Expro Group Holdings (NYSE:XPRO) by 32.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,206,985 shares of the company’s stock after buying an additional 1,027,825 shares during the quarter. American Century Companies Inc. owned approximately 3.58% of Expro Group worth $52,461,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Loomis Sayles & Co. L P bought a new position in Expro Group during the third quarter valued at approximately $16,159,000. William Blair Investment Management LLC boosted its position in shares of Expro Group by 37.0% during the 4th quarter. William Blair Investment Management LLC now owns 2,809,682 shares of the company’s stock valued at $35,037,000 after acquiring an additional 758,449 shares during the last quarter. Leeward Investments LLC MA purchased a new position in shares of Expro Group in the fourth quarter valued at $7,026,000. Yaupon Capital Management LP increased its position in Expro Group by 318.3% in the third quarter. Yaupon Capital Management LP now owns 288,301 shares of the company’s stock worth $4,950,000 after purchasing an additional 219,380 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Expro Group by 479.8% during the third quarter. JPMorgan Chase & Co. now owns 251,883 shares of the company’s stock valued at $4,325,000 after purchasing an additional 208,443 shares in the last quarter. Institutional investors own 92.07% of the company’s stock.

Expro Group Stock Down 0.1 %

NYSE XPRO opened at $10.68 on Thursday. 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 52 week low of $9.85 and a 52 week high of $24.50. The firm has a market capitalization of $1.24 billion, a price-to-earnings ratio of 76.26, a PEG ratio of 1.28 and a beta of 1.12. The company has a fifty day moving average of $12.32 and a two-hundred day moving average of $13.72.

Analyst Ratings Changes

A number of equities analysts have commented on XPRO shares. Barclays dropped their price objective on shares of 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 began coverage on Expro Group in a research report on Friday, December 13th. They issued a “neutral” rating and a $18.00 price target for the company.

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.