Texas Permanent School Fund lowered its holdings in shares of Exterran Corp (NYSE:EXTN) by 7.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 21,535 shares of the energy company’s stock after selling 1,722 shares during the period. Texas Permanent School Fund owned 0.06% of Exterran worth $677,000 as of its most recent filing with the SEC.
Other large investors have also recently modified their holdings of the company. Sei Investments Co. boosted its stake 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 valued at $115,000 after buying an additional 3,583 shares during the period. Piedmont Investment Advisors LLC acquired a new position in shares of Exterran during the third quarter worth $219,000. ARP Americas LLC acquired a new position in shares of Exterran during the third quarter worth $234,000. Meeder Asset Management Inc. increased its holdings in Exterran by 73.4% in the third quarter. Meeder Asset Management Inc. now owns 8,724 shares of the energy company’s stock valued at $276,000 after purchasing an additional 3,692 shares during the period. Finally, Cubist Systematic Strategies LLC acquired a new stake in Exterran in the third quarter valued at $318,000. Institutional investors own 90.73% of the company’s stock.
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 acquired 2,100 shares of the company’s stock in a transaction that occurred on Thursday, March 8th. The shares were acquired at an average cost of $27.56 per share, for a total transaction of $57,876.00. The disclosure for this purchase can be found here. 2.20% of the stock is owned by company insiders.
Shares of Exterran Corp (NYSE:EXTN) traded up $0.42 during trading hours on Monday, reaching $28.45. 163,789 shares of the company’s stock traded hands, compared to its average volume of 162,594. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.06 and a current ratio of 1.33. Exterran Corp has a 1 year low of $23.29 and a 1 year high of $33.69. The company has a market cap of $1,001.82, a P/E ratio of 30.59 and a beta of 1.00.
Exterran (NYSE:EXTN) last posted its quarterly earnings data 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 company had revenue of $337.69 million for 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 forecast that Exterran Corp will post 0.59 earnings per share for the current fiscal year.
Several research firms have commented on EXTN. TheStreet upgraded shares of Exterran from a “d+” rating to a “c+” rating in a research note on Wednesday, December 13th. ValuEngine upgraded shares of Exterran from a “sell” rating to a “hold” rating in a research note on Sunday, December 31st. Four research analysts have rated the stock with a hold rating, The company currently has an average rating of “Hold” and an average target price 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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