Northern Trust Corp grew its position in shares of Exterran Corporation (NYSE:EXTN) by 2.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 400,836 shares of the energy company’s stock after buying an additional 10,132 shares during the quarter. Northern Trust Corp owned 1.12% of Exterran Corporation worth $10,702,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Chicago Equity Partners LLC bought a new position in shares of Exterran Corporation during the 2nd quarter valued at $1,631,000. Russell Investments Group Ltd. lifted its holdings in shares of Exterran Corporation by 14.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 220,819 shares of the energy company’s stock valued at $5,895,000 after buying an additional 27,795 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Exterran Corporation by 10.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 449,642 shares of the energy company’s stock valued at $12,005,000 after buying an additional 44,222 shares during the period. Robotti Robert lifted its holdings in shares of Exterran Corporation by 26.5% during the 2nd quarter. Robotti Robert now owns 471,616 shares of the energy company’s stock valued at $9,891,000 after buying an additional 98,729 shares during the period. Finally, AJO LP lifted its holdings in shares of Exterran Corporation by 683.5% during the 2nd quarter. AJO LP now owns 185,766 shares of the energy company’s stock valued at $4,960,000 after buying an additional 162,055 shares during the period. 89.82% of the stock is currently owned by hedge funds and other institutional investors.
EXTN has been the topic of several research analyst reports. Zacks Investment Research raised Exterran Corporation from a “hold” rating to a “buy” rating and set a $32.00 price target on the stock in a report on Thursday, July 20th. BidaskClub raised Exterran Corporation from a “hold” rating to a “buy” rating in a report on Saturday, September 16th. Five research analysts have rated the stock with a hold rating, Exterran Corporation currently has an average rating of “Hold” and a consensus price target of $30.00.
Exterran Corporation (EXTN) opened at $31.90 on Monday. Exterran Corporation has a twelve month low of $14.51 and a twelve month high of $34.05. The company has a quick ratio of 1.08, a current ratio of 1.50 and a debt-to-equity ratio of 0.68.
Exterran Corporation (NYSE:EXTN) last announced its earnings results on Monday, August 7th. The energy company reported ($0.16) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.53) by $0.37. Exterran Corporation had a negative return on equity of 5.57% and a negative net margin of 1.45%. The company had revenue of $330.59 million for the quarter, compared to analysts’ expectations of $329.50 million. equities research analysts predict that Exterran Corporation will post -0.03 EPS for the current year.
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Exterran Corporation 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.
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