Exterran Corporation (EXTN) Position Lowered by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL reduced its stake in shares of Exterran Corporation (NYSE:EXTN) by 36.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,479 shares of the energy company’s stock after selling 4,774 shares during the period. Tudor Investment Corp ET AL’s holdings in Exterran Corporation were worth $267,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the stock. BlackRock Inc. boosted its position in shares of Exterran Corporation by 49,395.2% in the first quarter. BlackRock Inc. now owns 4,083,358 shares of the energy company’s stock valued at $128,420,000 after buying an additional 4,075,108 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Exterran Corporation by 299.0% in the first quarter. JPMorgan Chase & Co. now owns 533,057 shares of the energy company’s stock valued at $16,765,000 after buying an additional 399,454 shares during the last quarter. Cornerstone Capital Management Holdings LLC. acquired a new position in shares of Exterran Corporation during the first quarter valued at $5,886,000. Norges Bank acquired a new position in shares of Exterran Corporation during the fourth quarter valued at $4,295,000. Finally, State Street Corp boosted its position in shares of Exterran Corporation by 19.6% in the first quarter. State Street Corp now owns 881,023 shares of the energy company’s stock valued at $27,708,000 after buying an additional 144,099 shares during the last quarter. Institutional investors own 89.71% of the company’s stock.

Exterran Corporation (NYSE EXTN) traded down 0.83% during midday trading on Friday, hitting $24.01. 313,133 shares of the company were exchanged. Exterran Corporation has a 1-year low of $12.73 and a 1-year high of $34.05. The stock has a 50 day moving average of $26.74 and a 200-day moving average of $28.53. The stock’s market capitalization is $859.39 million.

Exterran Corporation (NYSE:EXTN) last issued its earnings results on Monday, August 7th. The energy company reported ($0.16) EPS for the quarter, topping analysts’ consensus estimates of ($0.53) by $0.37. Exterran Corporation had a negative net margin of 1.45% and a negative return on equity of 5.57%. The company had revenue of $330.59 million for the quarter, compared to the consensus estimate of $329.50 million. Equities analysts expect that Exterran Corporation will post ($0.59) earnings per share for the current year.

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Several equities analysts have commented on EXTN shares. Zacks Investment Research cut shares of Exterran Corporation from a “hold” rating to a “sell” rating in a research report on Monday, April 24th. ValuEngine raised shares of Exterran Corporation from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, BidaskClub raised shares of Exterran Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, July 6th. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. Exterran Corporation has an average rating of “Hold” and a consensus target price 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.

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

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