UBS Asset Management Americas Inc. Has $232,000 Position in Exterran Corporation (EXTN)
UBS Asset Management Americas Inc. continued to hold its position in shares of Exterran Corporation (NYSE:EXTN) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,699 shares of the energy company’s stock at the end of the second quarter. UBS Asset Management Americas Inc.’s holdings in Exterran Corporation were worth $232,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Chicago Equity Partners LLC acquired a new position in shares of Exterran Corporation in the 2nd quarter valued at $1,631,000. Russell Investments Group Ltd. lifted its stake in shares of Exterran Corporation by 14.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 220,819 shares of the energy company’s stock valued at $5,895,000 after purchasing an additional 27,795 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Exterran Corporation by 10.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 449,642 shares of the energy company’s stock valued at $12,005,000 after purchasing an additional 44,222 shares during the period. Robotti Robert lifted its stake in shares of Exterran Corporation by 26.5% in the 2nd quarter. Robotti Robert now owns 471,616 shares of the energy company’s stock valued at $9,891,000 after purchasing an additional 98,729 shares during the period. Finally, Principal Financial Group Inc. lifted its stake in shares of Exterran Corporation by 7.6% in the 1st quarter. Principal Financial Group Inc. now owns 247,398 shares of the energy company’s stock valued at $7,781,000 after purchasing an additional 17,417 shares during the period. Hedge funds and other institutional investors own 89.59% of the company’s stock.
Several equities analysts recently issued reports on EXTN shares. Zacks Investment Research upgraded shares of Exterran Corporation from a “hold” rating to a “buy” rating and set a $32.00 target price for the company in a research note on Thursday, July 20th. BidaskClub upgraded shares of Exterran Corporation from a “hold” rating to a “buy” rating in a research note on Saturday, September 16th. Five equities research analysts have rated the stock with a hold rating, The stock presently has a consensus rating of “Hold” and a consensus price target of $30.00.
Exterran Corporation (NYSE EXTN) opened at $31.90 on Friday. The company has a quick ratio of 1.08, a current ratio of 1.50 and a debt-to-equity ratio of 0.68.
Exterran Corporation (NYSE:EXTN) last posted its quarterly earnings results on Monday, August 7th. The energy company reported ($0.16) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.53) by $0.37. Exterran Corporation had a negative return on equity of 5.57% and a negative net margin of 1.45%. The business had revenue of $330.59 million for the quarter, compared to analyst estimates of $329.50 million. equities research analysts expect that Exterran Corporation will post -0.03 earnings per share for the current fiscal year.
Exterran Corporation 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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