Alambic Investment Management L.P. grew its holdings in Exterran Co. (NYSE:EXTN) by 178.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,100 shares of the energy company’s stock after purchasing an additional 16,100 shares during the period. Alambic Investment Management L.P. owned about 0.07% of Exterran worth $670,000 as of its most recent SEC filing.
Several other institutional investors have also bought and sold shares of the business. Jefferies Group LLC purchased a new position in shares of Exterran in the 4th quarter worth $379,000. Schwab Charles Investment Management Inc. boosted its stake in shares of Exterran by 26.9% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 292,326 shares of the energy company’s stock worth $9,191,000 after buying an additional 62,000 shares during the last quarter. California Public Employees Retirement System boosted its stake in shares of Exterran by 17.3% in the 4th quarter. California Public Employees Retirement System now owns 125,492 shares of the energy company’s stock worth $3,945,000 after buying an additional 18,512 shares during the last quarter. Cigna Investments Inc. New purchased a new position in shares of Exterran in the 4th quarter worth $221,000. Finally, Pinebridge Investments L.P. boosted its stake in shares of Exterran by 67.5% in the 4th quarter. Pinebridge Investments L.P. now owns 70,830 shares of the energy company’s stock worth $2,226,000 after buying an additional 28,538 shares during the last quarter. 88.51% of the stock is owned by institutional investors and hedge funds.
EXTN has been the topic of a number of research reports. Zacks Investment Research upgraded Exterran from a “hold” rating to a “buy” rating and set a $31.00 price target on the stock in a research note on Wednesday, March 21st. ValuEngine upgraded Exterran from a “hold” rating to a “buy” rating in a research note on Wednesday, May 2nd.
Exterran opened at $29.46 on Tuesday, Marketbeat.com reports. The firm has a market capitalization of $1.06 billion, a PE ratio of -76.26 and a beta of 0.88. Exterran Co. has a 1 year low of $23.29 and a 1 year high of $33.69. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.70.
Exterran (NYSE:EXTN) last released its quarterly earnings results on Wednesday, May 2nd. The energy company reported $0.18 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.02. The firm had revenue of $350.38 million for the quarter, compared to the consensus estimate of $337.30 million. Exterran had a return on equity of 0.55% and a net margin of 1.40%. equities research analysts expect that Exterran Co. will post 0.19 earnings per share for the current fiscal year.
In other news, Director William M. Goodyear purchased 2,100 shares of the company’s stock in a transaction dated Monday, March 12th. The shares were purchased at an average cost of $28.14 per share, for a total transaction of $59,094.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 2.20% of the company’s stock.
Exterran Company Profile
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.
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