Exterran Corp (EXTN) Position Increased by Renaissance Technologies LLC

Renaissance Technologies LLC boosted its stake in Exterran Corp (NYSE:EXTN) by 74.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 181,000 shares of the energy company’s stock after acquiring an additional 77,500 shares during the period. Renaissance Technologies LLC owned 0.50% of Exterran worth $4,532,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Piedmont Investment Advisors LLC acquired a new stake in shares of Exterran during the second quarter worth $188,000. Barclays PLC raised its holdings in shares of Exterran by 29.1% during the first quarter. Barclays PLC now owns 11,447 shares of the energy company’s stock worth $305,000 after purchasing an additional 2,581 shares during the period. SG Americas Securities LLC raised its holdings in shares of Exterran by 138.6% during the second quarter. SG Americas Securities LLC now owns 13,688 shares of the energy company’s stock worth $343,000 after purchasing an additional 7,952 shares during the period. Campbell & CO Investment Adviser LLC bought a new position in shares of Exterran during the second quarter worth about $348,000. Finally, Dupont Capital Management Corp grew its position in shares of Exterran by 34.7% during the second quarter. Dupont Capital Management Corp now owns 14,141 shares of the energy company’s stock worth $354,000 after acquiring an additional 3,641 shares during the last quarter. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

EXTN has been the subject of several recent research reports. ValuEngine upgraded shares of Exterran from a “hold” rating to a “buy” rating in a research report on Thursday, July 5th. Zacks Investment Research upgraded shares of Exterran from a “hold” rating to a “buy” rating and set a $27.00 price target for the company in a research report on Tuesday, September 18th. Finally, AltaCorp Capital restated an “outperform” rating on shares of Exterran in a research report on Tuesday, July 10th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. Exterran currently has an average rating of “Hold” and a consensus price target of $27.00.

Exterran stock opened at $26.07 on Wednesday. The stock has a market cap of $958.40 million, a PE ratio of -65.33 and a beta of 0.88. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.30 and a quick ratio of 0.93. Exterran Corp has a one year low of $24.15 and a one year high of $33.69.

Exterran (NYSE:EXTN) last released its quarterly earnings results on Monday, August 6th. The energy company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.06). The firm had revenue of $343.47 million for the quarter, compared to the consensus estimate of $326.75 million. Exterran had a return on equity of 1.70% and a net margin of 1.14%. Equities research analysts predict that Exterran Corp will post 0.65 EPS for the current year.

About Exterran

Exterran Corporation engages in the compression, production, and processing of products and services for the oil and natural gas industry worldwide. The company operates through three segments: contract Operations, Aftermarket Services, and Product Sales. Its contract operation services include personnel, equipment, tools, materials, and supplies.

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Institutional Ownership by Quarter for Exterran (NYSE:EXTN)

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