Whittier Trust Co. increased its position in shares of Exterran Corp. (NYSE:EXTN) by 1.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,639 shares of the company’s stock after buying an additional 130 shares during the period. Whittier Trust Co.’s holdings in Exterran Corp. were worth $137,000 as of its most recent filing with the SEC.
Other large investors also recently added to or reduced their stakes in the company. Magnetar Financial LLC increased its position in Exterran Corp. by 19.5% in the first quarter. Magnetar Financial LLC now owns 3,066,488 shares of the company’s stock worth $47,408,000 after buying an additional 500,000 shares during the period. Acadian Asset Management LLC increased its position in Exterran Corp. by 37.2% in the second quarter. Acadian Asset Management LLC now owns 772,288 shares of the company’s stock worth $9,925,000 after buying an additional 209,365 shares during the period. OMERS ADMINISTRATION Corp purchased a new position in Exterran Corp. during the first quarter worth $323,000. BlackRock Fund Advisors increased its position in Exterran Corp. by 0.8% in the first quarter. BlackRock Fund Advisors now owns 2,360,799 shares of the company’s stock worth $36,498,000 after buying an additional 19,207 shares during the period. Finally, Parkwood LLC purchased a new position in Exterran Corp. during the second quarter worth $190,000. 80.28% of the stock is owned by institutional investors.
Exterran Corp. (NYSE:EXTN) traded up 1.42% during mid-day trading on Monday, hitting $16.43. The company had a trading volume of 69,542 shares. Exterran Corp. has a 1-year low of $10.83 and a 1-year high of $19.36. The firm has a market capitalization of $577.40 million and a PE ratio of 12.20. The company has a 50 day moving average of $14.94 and a 200 day moving average of $14.02.
A number of research analysts have weighed in on the company. Scotiabank reiterated a “sector outperform” rating and set a $20.00 target price (down previously from $22.00) on shares of Exterran Corp. in a report on Wednesday, June 22nd. Howard Weil downgraded Exterran Corp. from a “focus stock” rating to a “sector outperform” rating and reduced their target price for the stock from $22.00 to $20.00 in a report on Wednesday, June 22nd. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Exterran Corp. presently has a consensus rating of “Buy” and an average target price 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.
Want to see what other hedge funds are holding EXTN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exterran Corp. (NYSE:EXTN).
Receive News & Ratings for Exterran Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exterran Corp. and related companies with MarketBeat.com's FREE daily email newsletter.