Thrivent Financial For Lutherans increased its holdings in Exterran Co. (NYSE:EXTN) by 56.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 162,989 shares of the energy company’s stock after purchasing an additional 58,584 shares during the quarter. Thrivent Financial For Lutherans owned 0.46% of Exterran worth $5,124,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also modified their holdings of the stock. Sei Investments Co. grew its holdings in Exterran by 7,962.2% in the 3rd 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 bought a new stake in Exterran in the 3rd quarter worth $219,000. Cigna Investments Inc. New bought a new stake in Exterran in the 4th quarter worth $221,000. Cubist Systematic Strategies LLC bought a new stake in Exterran in the 3rd quarter worth $318,000. Finally, Lazard Asset Management LLC bought a new stake in Exterran in the 4th quarter worth $333,000. Institutional investors own 90.73% of the company’s stock.
A number of equities research analysts have issued reports on the stock. Zacks Investment Research raised shares of Exterran from a “hold” rating to a “buy” rating and set a $30.00 price target on the stock in a report on Monday, April 2nd. ValuEngine raised shares of Exterran from a “sell” rating to a “hold” rating in a report on Sunday, December 31st. Finally, TheStreet raised shares of Exterran from a “d+” rating to a “c+” rating in a report on Wednesday, December 13th.
Exterran stock traded down $1.01 during trading hours on Friday, reaching $27.30. The stock had a trading volume of 136,390 shares, compared to its average volume of 152,060. The firm has a market cap of $1,011.83, a PE ratio of -70.00 and a beta of 0.91. Exterran Co. has a 52 week low of $23.29 and a 52 week high of $33.69. The company has a quick ratio of 1.06, a current ratio of 1.33 and a debt-to-equity ratio of 0.66.
Exterran (NYSE:EXTN) last announced its quarterly earnings results on Monday, February 26th. The energy company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.14). The firm had revenue of $337.69 million during the quarter, compared to the consensus estimate of $361.50 million. Exterran had a return on equity of 0.26% and a net margin of 2.65%. sell-side analysts expect that Exterran Co. will post 0.59 earnings per share for the current fiscal year.
In other news, SVP Girish Saligram sold 7,500 shares of Exterran stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $32.31, for a total transaction of $242,325.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director William M. Goodyear bought 2,100 shares of the business’s stock in a transaction dated Monday, March 12th. The shares were bought at an average cost of $28.14 per share, for a total transaction of $59,094.00. The disclosure for this purchase can be found here. Insiders own 2.20% of the company’s stock.
TRADEMARK VIOLATION WARNING: “Thrivent Financial For Lutherans Increases Stake in Exterran Co. (EXTN)” was originally published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this news story on another site, it was stolen and republished in violation of US and international copyright & trademark laws. The correct version of this news story can be viewed at https://www.dispatchtribunal.com/2018/04/07/exterran-co-extn-shares-bought-by-thrivent-financial-for-lutherans.html.
Exterran Corporation engages in the compression, production, and processing of products and services for the oil and natural gas industry worldwide. The company operates through three segments: contract Operations, Aftermarket Services, and Product Sales. Its contract operation services include personnel, equipment, tools, materials, and supplies.
Receive News & Ratings for Exterran Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exterran and related companies with MarketBeat.com's FREE daily email newsletter.