Algert Global LLC cut its stake in shares of Exterran Corp (NYSE:EXTN) by 61.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 52,440 shares of the energy company’s stock after selling 84,232 shares during the quarter. Algert Global LLC’s holdings in Exterran were worth $884,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in Exterran by 0.9% during the 3rd quarter. Vanguard Group Inc. now owns 3,398,076 shares of the energy company’s stock worth $90,151,000 after buying an additional 29,261 shares during the period. Vanguard Group Inc lifted its holdings in Exterran by 0.9% during the 3rd quarter. Vanguard Group Inc now owns 3,398,076 shares of the energy company’s stock worth $90,151,000 after buying an additional 29,261 shares during the period. Cannell Capital LLC lifted its holdings in Exterran by 39.7% during the 4th quarter. Cannell Capital LLC now owns 819,462 shares of the energy company’s stock worth $14,504,000 after buying an additional 233,010 shares during the period. Norges Bank acquired a new position in Exterran during the 4th quarter worth about $10,751,000. Finally, TIAA CREF Investment Management LLC lifted its holdings in Exterran by 5.6% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 512,259 shares of the energy company’s stock worth $13,590,000 after buying an additional 27,370 shares during the period. 91.06% of the stock is currently owned by hedge funds and other institutional investors.
Shares of EXTN opened at $14.27 on Tuesday. Exterran Corp has a 12 month low of $13.36 and a 12 month high of $30.13. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.91 and a current ratio of 1.24. The stock has a market cap of $496.59 million, a price-to-earnings ratio of 75.11 and a beta of 1.20.
Exterran (NYSE:EXTN) last posted its quarterly earnings data on Wednesday, May 1st. The energy company reported ($0.15) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.22). Exterran had a negative return on equity of 0.84% and a negative net margin of 0.38%. The business had revenue of $351.45 million during the quarter, compared to the consensus estimate of $360.40 million. On average, equities research analysts forecast that Exterran Corp will post 0.05 EPS for the current year.
Several research analysts have commented on EXTN shares. Zacks Investment Research downgraded Exterran from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 5th. ValuEngine raised Exterran from a “sell” rating to a “hold” rating in a report on Monday, April 1st. Finally, TheStreet downgraded Exterran from a “c” rating to a “d+” rating in a report on Tuesday, February 26th.
Exterran Company 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.
Featured Story: Mutual Funds
Want to see what other hedge funds are holding EXTN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exterran Corp (NYSE:EXTN).
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.