72,599 Shares in Exterran Corporation (EXTN) Acquired by Rothschild Asset Management Inc.
Rothschild Asset Management Inc. purchased a new stake in Exterran Corporation (NYSE:EXTN) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 72,599 shares of the energy company’s stock, valued at approximately $2,295,000. Rothschild Asset Management Inc. owned approximately 0.20% of Exterran at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. UBS Asset Management Americas Inc. purchased a new position in shares of Exterran during the first quarter valued at approximately $274,000. California Public Employees Retirement System lifted its stake in shares of Exterran by 22.0% during the first quarter. California Public Employees Retirement System now owns 70,900 shares of the energy company’s stock valued at $2,230,000 after buying an additional 12,800 shares during the period. Vanguard Group Inc. lifted its stake in shares of Exterran by 3.2% during the first quarter. Vanguard Group Inc. now owns 2,952,036 shares of the energy company’s stock valued at $92,842,000 after buying an additional 92,064 shares during the period. Geode Capital Management LLC lifted its stake in shares of Exterran by 11.4% during the first quarter. Geode Capital Management LLC now owns 282,275 shares of the energy company’s stock valued at $8,877,000 after buying an additional 28,795 shares during the period. Finally, UBS Group AG lifted its stake in shares of Exterran by 113.1% during the first quarter. UBS Group AG now owns 12,322 shares of the energy company’s stock valued at $388,000 after buying an additional 6,539 shares during the period. 88.13% of the stock is currently owned by institutional investors.
Separately, BidaskClub downgraded shares of Exterran from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Five equities research analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold” and an average target price of $30.00.
Exterran Corporation (NYSE EXTN) opened at $30.60 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.39 and a debt-to-equity ratio of 0.67. Exterran Corporation has a one year low of $18.07 and a one year high of $34.05.
Exterran (NYSE:EXTN) last posted its quarterly earnings results on Monday, November 6th. The energy company reported $0.09 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.06. The company had revenue of $327.10 million for the quarter, compared to the consensus estimate of $324.70 million. Exterran had a net margin of 0.04% and a negative return on equity of 2.82%. research analysts forecast that Exterran Corporation will post -0.03 earnings per share for the current year.
Exterran Company Profile
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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