Citadel Advisors LLC Takes Position in Exterran Corporation (EXTN)
Citadel Advisors LLC acquired a new position in shares of Exterran Corporation (NYSE:EXTN) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 89,095 shares of the energy company’s stock, valued at approximately $2,379,000. Citadel Advisors LLC owned approximately 0.25% of Exterran Corporation as of its most recent SEC filing.
Other institutional investors also recently made changes to their positions in the company. Swiss National Bank raised its stake in shares of Exterran Corporation by 2.1% during the 1st quarter. Swiss National Bank now owns 57,850 shares of the energy company’s stock worth $1,819,000 after purchasing an additional 1,200 shares in the last quarter. Chicago Equity Partners LLC bought a new stake in shares of Exterran Corporation during the 2nd quarter worth approximately $1,631,000. Russell Investments Group Ltd. raised its stake in shares of Exterran Corporation by 14.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 220,819 shares of the energy company’s stock worth $5,895,000 after purchasing an additional 27,795 shares in the last quarter. Robotti Robert raised its stake in shares of Exterran Corporation by 26.5% during the 2nd quarter. Robotti Robert now owns 471,616 shares of the energy company’s stock worth $9,891,000 after purchasing an additional 98,729 shares in the last quarter. Finally, Martingale Asset Management L P acquired a new position in shares of Exterran Corporation during the 1st quarter worth approximately $1,640,000. Institutional investors own 89.92% of the company’s stock.
Exterran Corporation (NYSE:EXTN) opened at 31.61 on Friday. The company’s 50 day moving average price is $26.94 and its 200-day moving average price is $27.92. The firm’s market capitalization is $1.13 billion. Exterran Corporation has a 12-month low of $13.97 and a 12-month high of $34.05.
Exterran Corporation (NYSE:EXTN) last issued its quarterly earnings results on Monday, August 7th. The energy company reported ($0.16) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.53) by $0.37. The business had revenue of $330.59 million for the quarter, compared to analyst estimates of $329.50 million. Exterran Corporation had a negative return on equity of 5.57% and a negative net margin of 1.45%. On average, equities analysts anticipate that Exterran Corporation will post $0.06 earnings per share for the current fiscal year.
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A number of research analysts recently weighed in on the company. Zacks Investment Research raised Exterran Corporation from a “hold” rating to a “buy” rating and set a $32.00 target price on the stock in a report on Thursday, July 20th. BidaskClub raised Exterran Corporation from a “sell” rating to a “hold” rating in a report on Thursday, July 6th. Finally, ValuEngine raised Exterran Corporation from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Four analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $30.00.
Exterran Corporation 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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