Heritage Wealth Management LLC Buys Shares of 81,802 XPEL, Inc. (NASDAQ:XPEL)

Heritage Wealth Management LLC bought a new stake in XPEL, Inc. (NASDAQ:XPEL) in the 4th quarter, Holdings Channel.com reports. The fund bought 81,802 shares of the company’s stock, valued at approximately $4,405,000. XPEL accounts for about 2.4% of Heritage Wealth Management LLC’s investment portfolio, making the stock its 8th largest position.

A number of other large investors also recently added to or reduced their stakes in the company. Cumberland Partners Ltd acquired a new stake in shares of XPEL in the fourth quarter valued at $1,481,000. Vanguard Group Inc. boosted its holdings in XPEL by 3.2% during the 3rd quarter. Vanguard Group Inc. now owns 1,460,865 shares of the company’s stock valued at $112,647,000 after acquiring an additional 45,304 shares during the period. Illinois Municipal Retirement Fund acquired a new position in XPEL in the 3rd quarter valued at about $971,000. Polen Capital Management LLC acquired a new position in XPEL in the 3rd quarter valued at about $4,758,000. Finally, Envestnet Asset Management Inc. increased its stake in XPEL by 656.1% during the third quarter. Envestnet Asset Management Inc. now owns 44,534 shares of the company’s stock worth $3,434,000 after purchasing an additional 38,644 shares during the period. 75.08% of the stock is currently owned by institutional investors and hedge funds.

XPEL Stock Down 33.5 %

Shares of XPEL traded down $18.01 during mid-day trading on Thursday, hitting $35.78. 810,280 shares of the company’s stock were exchanged, compared to its average volume of 144,423. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.10 and a current ratio of 4.02. The company has a market cap of $988.60 million, a price-to-earnings ratio of 20.81 and a beta of 1.84. The stock’s 50-day moving average is $53.57 and its 200-day moving average is $52.12. XPEL, Inc. has a fifty-two week low of $34.57 and a fifty-two week high of $87.46.

XPEL (NASDAQ:XPEL) last released its earnings results on Thursday, February 22nd. The company reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.02). The business had revenue of $105.54 million for the quarter, compared to analyst estimates of $96.61 million. XPEL had a return on equity of 34.38% and a net margin of 13.32%. XPEL’s quarterly revenue was up 34.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.30 earnings per share. On average, sell-side analysts anticipate that XPEL, Inc. will post 2.2 earnings per share for the current fiscal year.

XPEL Profile

XPEL, Inc sells, distributes, and installs protective films and coatings worldwide. The company offers automotive surface and paint protection film, headlight protection, and automotive and architectural window films, as well as proprietary DAP software. It also provides pre-cut film products, merchandise and apparel, ceramic coatings, and tools and accessories.