Bailard Inc. purchased a new position in shares of Exterran Corp (NYSE:EXTN) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 19,350 shares of the energy company’s stock, valued at approximately $608,000.
Several other institutional investors have also recently added to or reduced their stakes in EXTN. Sei Investments Co. boosted its position in shares of Exterran by 7,962.2% in the third quarter. Sei Investments Co. now owns 3,628 shares of the energy company’s stock worth $115,000 after acquiring an additional 3,583 shares during the last quarter. Piedmont Investment Advisors LLC acquired a new stake in shares of Exterran in the third quarter worth approximately $219,000. Cigna Investments Inc. New acquired a new stake in shares of Exterran in the fourth quarter worth approximately $221,000. ARP Americas LLC acquired a new stake in shares of Exterran in the third quarter worth approximately $234,000. Finally, Meeder Asset Management Inc. boosted its position in shares of Exterran by 73.4% in the third quarter. Meeder Asset Management Inc. now owns 8,724 shares of the energy company’s stock worth $276,000 after acquiring an additional 3,692 shares during the last quarter. 87.74% of the stock is currently owned by institutional investors.
In related news, SVP Girish Saligram sold 7,500 shares of the firm’s stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $30.25, for a total value of $226,875.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 2.20% of the company’s stock.
Exterran Corp (NYSE EXTN) opened at $27.55 on Friday. Exterran Corp has a 1-year low of $23.29 and a 1-year high of $33.69. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.39 and a quick ratio of 1.04. The company has a market cap of $969.86, a P/E ratio of -1,377.50 and a beta of 0.72.
Several equities research analysts recently issued reports on the stock. ValuEngine raised shares of Exterran from a “sell” rating to a “hold” rating in a research report on Sunday, December 31st. TheStreet upgraded shares of Exterran from a “d+” rating to a “c+” rating in a report on Wednesday, December 13th. Four analysts have rated the stock with a hold rating, The company currently has an average rating of “Hold” and a consensus price target of $30.00.
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Exterran Company Profile
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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