Summit Global Investments Purchases New Holdings in Exterran Corp (NYSE:EXTN)

Summit Global Investments purchased a new stake in Exterran Corp (NYSE:EXTN) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 42,900 shares of the energy company’s stock, valued at approximately $723,000.

Several other large investors have also bought and sold shares of the company. PNC Financial Services Group Inc. raised its holdings in shares of Exterran by 61.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,699 shares of the energy company’s stock valued at $31,000 after purchasing an additional 646 shares in the last quarter. Victory Capital Management Inc. raised its holdings in shares of Exterran by 4.1% in the 4th quarter. Victory Capital Management Inc. now owns 16,644 shares of the energy company’s stock valued at $295,000 after purchasing an additional 648 shares in the last quarter. Texas Permanent School Fund raised its holdings in shares of Exterran by 3.7% in the 1st quarter. Texas Permanent School Fund now owns 21,350 shares of the energy company’s stock valued at $360,000 after purchasing an additional 767 shares in the last quarter. Quantamental Technologies LLC raised its holdings in shares of Exterran by 56.2% in the 1st quarter. Quantamental Technologies LLC now owns 2,501 shares of the energy company’s stock valued at $42,000 after purchasing an additional 900 shares in the last quarter. Finally, Rhumbline Advisers raised its holdings in shares of Exterran by 1.0% in the 1st quarter. Rhumbline Advisers now owns 98,209 shares of the energy company’s stock valued at $1,655,000 after purchasing an additional 944 shares in the last quarter. Institutional investors and hedge funds own 87.93% of the company’s stock.

NYSE EXTN opened at $12.51 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.88 and a current ratio of 1.24. Exterran Corp has a 52 week low of $12.48 and a 52 week high of $29.31.

Exterran (NYSE:EXTN) last posted its quarterly earnings data on Wednesday, May 1st. The energy company reported ($0.15) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.22). The firm had revenue of $351.45 million for the quarter, compared to the consensus estimate of $360.40 million. Exterran had a negative return on equity of 0.84% and a negative net margin of 0.38%. On average, research analysts forecast that Exterran Corp will post -0.19 EPS for the current year.

Several research firms have recently commented on EXTN. ValuEngine upgraded shares of Exterran from a “sell” rating to a “hold” rating in a report on Monday, April 1st. TheStreet lowered shares of Exterran from a “c” rating to a “d+” rating in a report on Tuesday, February 26th. Finally, Zacks Investment Research lowered shares of Exterran from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 5th.

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Exterran Profile

Exterran Corporation, a systems and process company, provides various solutions in the oil, gas, water, and power markets worldwide. The company operates through three segments: contract Operations, Aftermarket Services, and Product Sales. It offers compression, processing, and treating services through the operation of natural gas compression equipment, and crude oil and natural gas production and process equipment; and water treatment and power solutions.

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Institutional Ownership by Quarter for Exterran (NYSE:EXTN)

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