California State Teachers Retirement System lowered its stake in shares of Exterran Corporation (NYSE:EXTN) by 8.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 56,911 shares of the energy company’s stock after selling 5,528 shares during the quarter. California State Teachers Retirement System owned 0.16% of Exterran worth $1,520,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EXTN. BlackRock Inc. lifted its stake in shares of Exterran by 49,395.2% during the 1st quarter. BlackRock Inc. now owns 4,083,358 shares of the energy company’s stock worth $128,420,000 after purchasing an additional 4,075,108 shares during the last quarter. Vanguard Group Inc. raised its stake in Exterran by 3.0% in the second quarter. Vanguard Group Inc. now owns 3,039,911 shares of the energy company’s stock valued at $81,166,000 after buying an additional 87,875 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Exterran by 0.5% in the second quarter. Dimensional Fund Advisors LP now owns 3,007,501 shares of the energy company’s stock valued at $80,302,000 after buying an additional 15,869 shares during the last quarter. State Street Corp raised its stake in Exterran by 0.5% in the second quarter. State Street Corp now owns 885,161 shares of the energy company’s stock valued at $23,631,000 after buying an additional 4,138 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in Exterran by 16.6% in the second quarter. Ameriprise Financial Inc. now owns 831,972 shares of the energy company’s stock valued at $22,214,000 after buying an additional 118,180 shares during the last quarter. 88.67% of the stock is currently owned by hedge funds and other institutional investors.
Separately, BidaskClub lowered Exterran from a “buy” rating to a “hold” rating in a report on Friday, October 20th. Five research analysts have rated the stock with a hold rating, Exterran currently has an average rating of “Hold” and an average price target of $30.00.
Shares of Exterran Corporation (NYSE EXTN) traded down $0.68 on Tuesday, reaching $30.12. The company’s stock had a trading volume of 85,184 shares, compared to its average volume of 216,721. The company has a current ratio of 1.39, a quick ratio of 1.04 and a debt-to-equity ratio of 0.67. Exterran Corporation has a one year low of $21.53 and a one year high of $34.05.
Exterran (NYSE:EXTN) last issued its quarterly earnings data on Monday, November 6th. The energy company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.03 by $0.06. The company had revenue of $327.10 million for the quarter, compared to analyst estimates of $324.70 million. Exterran had a negative return on equity of 2.82% and a net margin of 0.04%. research analysts anticipate that Exterran Corporation will post -0.03 earnings per share for the current year.
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Exterran Corporation provides compression, production and processing products and services that support the production and transportation of oil and natural gas around the world. The Company operates through three segments: contract operations, aftermarket services, and oil and gas product sales. The contract operations segment provides natural gas compression services, production and processing equipment services, and maintenance services to meet specific customer requirements on assets owned by it.
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