Swiss National Bank raised its position in Exterran Corp. (NYSE:EXTN) by 6.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,650 shares of the company’s stock after buying an additional 3,600 shares during the period. Swiss National Bank owned about 0.16% of Exterran Corp. worth $728,000 at the end of the most recent reporting period.
A number of other institutional investors have also bought and sold shares of the company. Huntington Asset Advisors Inc. purchased a new position in shares of Exterran Corp. during the first quarter valued at about $116,000. Whittier Trust Co. raised its position in shares of Exterran Corp. by 1.2% in the second quarter. Whittier Trust Co. now owns 10,639 shares of the company’s stock valued at $137,000 after buying an additional 130 shares during the period. BNP Paribas Arbitrage SA raised its position in shares of Exterran Corp. by 88.9% in the second quarter. BNP Paribas Arbitrage SA now owns 11,506 shares of the company’s stock valued at $148,000 after buying an additional 5,414 shares during the period. Societe Generale purchased a new position in shares of Exterran Corp. during the second quarter valued at about $165,000. Finally, Bank of Montreal Can purchased a new position in shares of Exterran Corp. during the second quarter valued at about $169,000. 80.31% of the stock is currently owned by institutional investors.
Shares of Exterran Corp. (NYSE:EXTN) traded up 4.44% during midday trading on Monday, hitting $16.69. The company’s stock had a trading volume of 64,656 shares. The company has a 50-day moving average price of $14.61 and a 200 day moving average price of $14.01. The company has a market cap of $586.54 million and a P/E ratio of 12.39. Exterran Corp. has a 1-year low of $10.83 and a 1-year high of $19.36.
A number of equities research analysts recently commented on the company. Howard Weil downgraded Exterran Corp. from a “focus stock” rating to a “sector outperform” rating and dropped their price objective for the company from $22.00 to $20.00 in a report on Wednesday, June 22nd. Scotiabank reiterated a “sector outperform” rating and issued a $20.00 price objective (down previously from $22.00) on shares of Exterran Corp. in a report on Wednesday, June 22nd. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Exterran Corp. currently has a consensus rating of “Buy” and a consensus price target of $22.00.
Exterran Corp. Company Profile
Exterran Corporation is engaged in the provision of 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 product sales.
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