Nationwide Fund Advisors raised its position in shares of Exterran Corp. (NYSE:EXTN) by 91.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 116,138 shares of the company’s stock after buying an additional 55,562 shares during the period. Nationwide Fund Advisors owned 0.33% of Exterran Corp. worth $1,492,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Huntington Asset Advisors Inc. acquired a new position in shares of Exterran Corp. during the first quarter worth about $116,000. Whittier Trust Co. boosted 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 worth $137,000 after buying an additional 130 shares during the period. BNP Paribas Arbitrage SA boosted 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 worth $148,000 after buying an additional 5,414 shares during the period. Societe Generale acquired a new position in shares of Exterran Corp. during the second quarter worth about $165,000. Finally, Bank of Montreal Can acquired a new position in shares of Exterran Corp. during the second quarter worth about $169,000. 80.28% of the stock is owned by institutional investors.
Shares of Exterran Corp. (NYSE:EXTN) opened at 16.71 on Tuesday. The company has a market capitalization of $587.24 million and a price-to-earnings ratio of 12.41. Exterran Corp. has a 1-year low of $10.83 and a 1-year high of $19.36. The firm’s 50-day moving average is $14.94 and its 200-day moving average is $14.02.
A number of brokerages recently issued reports on EXTN. Howard Weil cut shares of Exterran Corp. from a “focus stock” rating to a “sector outperform” rating and lowered their price target for the company from $22.00 to $20.00 in a research report on Wednesday, June 22nd. Scotiabank reissued a “sector outperform” rating and set a $20.00 price target (down from $22.00) on shares of Exterran Corp. in a research 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’s stock. The company has a consensus rating of “Buy” and a consensus target price of $22.00.
About Exterran Corp.
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.