Anchor Capital Advisors LLC Boosts Position in Exterran Corporation (EXTN)
Anchor Capital Advisors LLC raised its stake in shares of Exterran Corporation (NYSE:EXTN) by 1.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,585 shares of the energy company’s stock after buying an additional 495 shares during the period. Anchor Capital Advisors LLC’s holdings in Exterran Corporation were worth $710,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of the stock. State of Alaska Department of Revenue raised its stake in Exterran Corporation by 2.7% in the first quarter. State of Alaska Department of Revenue now owns 3,480 shares of the energy company’s stock valued at $109,000 after buying an additional 90 shares during the period. Nisa Investment Advisors LLC boosted its position in shares of Exterran Corporation by 4.0% in the second quarter. Nisa Investment Advisors LLC now owns 3,940 shares of the energy company’s stock valued at $105,000 after buying an additional 150 shares in the last quarter. Meeder Asset Management Inc. purchased a new position in shares of Exterran Corporation during the second quarter valued at approximately $134,000. BNP Paribas Arbitrage SA boosted its position in shares of Exterran Corporation by 13.0% in the first quarter. BNP Paribas Arbitrage SA now owns 6,418 shares of the energy company’s stock valued at $202,000 after buying an additional 739 shares in the last quarter. Finally, Virginia Retirement Systems ET AL purchased a new position in shares of Exterran Corporation during the first quarter valued at approximately $204,000. 89.05% of the stock is currently owned by institutional investors.
Exterran Corporation (EXTN) opened at 26.22 on Tuesday. Exterran Corporation has a 52 week low of $12.30 and a 52 week high of $34.05. The stock’s market cap is $938.62 million. The company’s 50-day moving average is $27.23 and its 200 day moving average is $28.95.
Exterran Corporation (NYSE:EXTN) last released its quarterly earnings data on Monday, August 7th. The energy company reported ($0.16) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.53) by $0.37. Exterran Corporation had a negative net margin of 11.43% and a negative return on equity of 3.17%. On average, analysts expect that Exterran Corporation will post ($0.35) earnings per share for the current fiscal year.
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EXTN has been the subject of several recent analyst reports. Zacks Investment Research raised shares of Exterran Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, April 11th. ValuEngine raised shares of Exterran Corporation from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, BidaskClub raised shares of Exterran Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, July 6th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. Exterran Corporation currently has an average rating of “Hold” and a consensus price target of $30.00.
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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