Axa Has $4.44 Million Position in Exterran Corp (EXTN)

Axa boosted its stake in Exterran Corp (NYSE:EXTN) by 793.9% during the first quarter, Holdings Channel reports. The fund owned 141,241 shares of the energy company’s stock after buying an additional 125,441 shares during the period. Axa’s holdings in Exterran Corp were worth $4,442,000 as of its most recent filing with the SEC.

Other institutional investors have also recently modified their holdings of the company. Chai Trust Co. LLC bought a new position in Exterran Corp during the fourth quarter worth about $76,801,000. Dimensional Fund Advisors LP raised its position in Exterran Corp by 3.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,877,035 shares of the energy company’s stock worth $68,761,000 after buying an additional 91,792 shares in the last quarter. State Street Corp raised its position in Exterran Corp by 6.5% in the fourth quarter. State Street Corp now owns 736,924 shares of the energy company’s stock worth $17,613,000 after buying an additional 44,961 shares in the last quarter. Ameriprise Financial Inc. raised its position in Exterran Corp by 0.8% in the first quarter. Ameriprise Financial Inc. now owns 713,792 shares of the energy company’s stock worth $22,450,000 after buying an additional 5,609 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in Exterran Corp by 299.0% in the first quarter. JPMorgan Chase & Co. now owns 533,057 shares of the energy company’s stock worth $16,765,000 after buying an additional 399,454 shares in the last quarter. 81.35% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for Exterran Corp (NYSE:EXTN)

Exterran Corp (EXTN) traded down 2.83% during trading on Tuesday, hitting $27.08. The company had a trading volume of 87,825 shares. The company’s market cap is $969.41 million. Exterran Corp has a 12 month low of $10.83 and a 12 month high of $34.05. The company’s 50 day moving average price is $28.61 and its 200-day moving average price is $27.93.

Exterran Corp (NYSE:EXTN) last posted its quarterly earnings data on Wednesday, May 3rd. The energy company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.56) by $0.69. The business had revenue of $280.70 million during the quarter, compared to analysts’ expectations of $260.60 million. Exterran Corp had a negative net margin of 17.15% and a negative return on equity of 5.39%. Equities analysts expect that Exterran Corp will post ($0.39) earnings per share for the current year.

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A number of equities analysts recently issued reports on EXTN shares. Zacks Investment Research raised Exterran Corp from a “sell” rating to a “hold” rating in a report on Tuesday, April 18th. Scotiabank reissued a “hold” rating and set a $28.00 price target on shares of Exterran Corp in a report on Wednesday, March 22nd. Finally, ValuEngine raised Exterran Corp from a “sell” rating to a “hold” rating in a report on Friday.

About Exterran Corp

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “EXTN”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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