Public Employees Retirement System of Ohio reduced its position in shares of Exterran Corp (NYSE:EXTN) by 65.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,487 shares of the energy company’s stock after selling 6,586 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Exterran were worth $62,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of the stock. PNC Financial Services Group Inc. raised its stake in Exterran by 61.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,699 shares of the energy company’s stock worth $31,000 after buying an additional 646 shares during the period. Victory Capital Management Inc. raised its stake in Exterran by 4.1% during the 4th quarter. Victory Capital Management Inc. now owns 16,644 shares of the energy company’s stock worth $295,000 after buying an additional 648 shares during the period. Texas Permanent School Fund raised its stake in Exterran by 4.1% during the 4th quarter. Texas Permanent School Fund now owns 20,583 shares of the energy company’s stock worth $364,000 after buying an additional 808 shares during the period. Nisa Investment Advisors LLC raised its stake in Exterran by 25.3% during the 4th quarter. Nisa Investment Advisors LLC now owns 4,960 shares of the energy company’s stock worth $88,000 after buying an additional 1,000 shares during the period. Finally, Principal Financial Group Inc. raised its stake in Exterran by 0.6% during the 4th quarter. Principal Financial Group Inc. now owns 255,372 shares of the energy company’s stock worth $4,520,000 after buying an additional 1,588 shares during the period. 91.08% of the stock is currently owned by institutional investors and hedge funds.
Several brokerages have recently commented on EXTN. Zacks Investment Research downgraded Exterran from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 8th. ValuEngine raised Exterran from a “sell” rating to a “hold” rating in a research note on Monday, April 1st. Finally, TheStreet downgraded Exterran from a “c” rating to a “d+” rating in a research note on Tuesday, February 26th.
Exterran (NYSE:EXTN) last issued its quarterly earnings data on Monday, February 25th. The energy company reported ($0.14) EPS for the quarter, missing the consensus estimate of $0.09 by ($0.23). The company had revenue of $332.15 million during the quarter, compared to analysts’ expectations of $337.50 million. Exterran had a return on equity of 1.26% and a net margin of 0.40%. On average, equities research analysts predict that Exterran Corp will post 0.03 earnings per share for the current fiscal year.
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Exterran Corporation, a systems and process company, provides various solutions in the oil, gas, water, and power markets worldwide. The company operates through three segments: contract Operations, Aftermarket Services, and Product Sales. It offers compression, processing, and treating services through the operation of natural gas compression equipment, and crude oil and natural gas production and process equipment; and water treatment and power solutions.
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