Algert Global LLC lifted its holdings in Exterran Corp (NYSE:EXTN) by 14.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 86,993 shares of the energy company’s stock after acquiring an additional 10,668 shares during the quarter. Algert Global LLC owned 0.24% of Exterran worth $2,735,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Sei Investments Co. raised its holdings in Exterran by 7,962.2% during the 3rd quarter. Sei Investments Co. now owns 3,628 shares of the energy company’s stock valued at $115,000 after buying an additional 3,583 shares during the last quarter. Piedmont Investment Advisors LLC bought a new stake in Exterran during the 3rd quarter valued at $219,000. Cigna Investments Inc. New bought a new stake in Exterran during the 4th quarter valued at $221,000. ARP Americas LLC bought a new stake in Exterran during the 3rd quarter valued at $234,000. Finally, Meeder Asset Management Inc. raised its holdings in Exterran by 73.4% during the 3rd quarter. Meeder Asset Management Inc. now owns 8,724 shares of the energy company’s stock valued at $276,000 after buying an additional 3,692 shares during the last quarter. Hedge funds and other institutional investors own 87.74% of the company’s stock.
Exterran Corp (NYSE:EXTN) opened at $27.10 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.39 and a quick ratio of 1.04. Exterran Corp has a 1-year low of $23.29 and a 1-year high of $33.69.
In other Exterran news, SVP Girish Saligram sold 7,500 shares of the company’s stock in a transaction on Monday, January 29th. The shares were sold at an average price of $30.25, for a total value of $226,875.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.20% of the stock is currently owned by corporate insiders.
EXTN has been the subject of a number of recent analyst reports. ValuEngine upgraded shares of Exterran from a “sell” rating to a “hold” rating in a report on Sunday, December 31st. BidaskClub lowered shares of Exterran from a “buy” rating to a “hold” rating in a report on Friday, October 20th. Finally, TheStreet upgraded shares of Exterran from a “d+” rating to a “c+” rating in a report on Wednesday, December 13th. Four research analysts have rated the stock with a hold rating, The company presently has a consensus rating of “Hold” and a consensus price target of $30.00.
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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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