Bryce Point Capital LLC Acquires New Shares in Expro Group Holdings (NYSE:XPRO)

Bryce Point Capital LLC bought a new position in shares of Expro Group Holdings (NYSE:XPRO) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 122,440 shares of the company’s stock, valued at approximately $1,527,000.

Other institutional investors have also recently bought and sold shares of the company. US Bancorp DE grew its holdings in shares of Expro Group by 56.0% during the 4th quarter. US Bancorp DE now owns 4,171 shares of the company’s stock valued at $52,000 after purchasing an additional 1,497 shares during the last quarter. R Squared Ltd acquired a new stake in Expro Group in the fourth quarter valued at approximately $27,000. Rhumbline Advisers grew its stake in shares of Expro Group by 1.6% during the fourth quarter. Rhumbline Advisers now owns 153,159 shares of the company’s stock worth $1,910,000 after buying an additional 2,477 shares during the last quarter. KBC Group NV increased its holdings in shares of Expro Group by 75.3% during the fourth quarter. KBC Group NV now owns 5,968 shares of the company’s stock worth $74,000 after buying an additional 2,563 shares in the last quarter. Finally, Legato Capital Management LLC lifted its stake in shares of Expro Group by 8.9% in the 4th quarter. Legato Capital Management LLC now owns 44,301 shares of the company’s stock valued at $552,000 after acquiring an additional 3,610 shares during the last quarter. Institutional investors and hedge funds own 92.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. The Goldman Sachs Group began coverage on Expro Group in a research report on Friday, December 13th. They set a “neutral” rating and a $18.00 price objective on the stock. Barclays cut their target price on 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 Down 0.3 %

Expro Group stock opened at $9.92 on Wednesday. The firm has a 50 day moving average price of $11.95 and a two-hundred day moving average price of $13.48. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 1.98. Expro Group Holdings has a 52-week low of $9.66 and a 52-week high of $24.50. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 70.83, a PEG ratio of 1.28 and a beta of 1.12.

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.