Fiera Capital Corp lessened its holdings in XPEL, Inc. (NASDAQ:XPEL – Free Report) by 3.1% during the third quarter, HoldingsChannel reports. The fund owned 31,000 shares of the company’s stock after selling 1,000 shares during the quarter. Fiera Capital Corp’s holdings in XPEL were worth $1,344,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Mawer Investment Management Ltd. purchased a new stake in XPEL in the 2nd quarter valued at about $12,021,000. Schwartz Investment Counsel Inc. increased its stake in XPEL by 46.3% in the 2nd quarter. Schwartz Investment Counsel Inc. now owns 512,000 shares of the company’s stock valued at $18,207,000 after buying an additional 162,000 shares during the last quarter. Capital World Investors increased its stake in XPEL by 14.7% in the 1st quarter. Capital World Investors now owns 1,036,709 shares of the company’s stock valued at $56,003,000 after buying an additional 133,182 shares during the last quarter. Heritage Family Offices LLP purchased a new stake in XPEL in the 2nd quarter valued at about $2,909,000. Finally, Venator Management LLC purchased a new stake in XPEL in the 2nd quarter valued at about $1,778,000. Institutional investors and hedge funds own 75.08% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on XPEL. B. Riley raised shares of XPEL from a “neutral” rating to a “buy” rating and increased their target price for the company from $37.00 to $58.00 in a research report on Friday, August 9th. Craig Hallum raised shares of XPEL from a “hold” rating to a “buy” rating in a research report on Thursday, August 8th.
XPEL Stock Up 4.1 %
XPEL stock opened at $44.34 on Friday. XPEL, Inc. has a twelve month low of $30.75 and a twelve month high of $60.49. The firm has a 50 day moving average price of $42.18 and a 200-day moving average price of $39.94. The company has a market capitalization of $1.23 billion, a P/E ratio of 26.08 and a beta of 1.85. The company has a quick ratio of 1.62, a current ratio of 4.77 and a debt-to-equity ratio of 0.06.
XPEL (NASDAQ:XPEL – Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.53 by $0.01. The company had revenue of $112.85 million during the quarter, compared to the consensus estimate of $114.59 million. XPEL had a net margin of 11.59% and a return on equity of 26.80%. XPEL’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period last year, the firm earned $0.56 EPS. As a group, equities analysts predict that XPEL, Inc. will post 1.65 EPS for the current year.
XPEL Company Profile
XPEL, Inc sells, distributes, and installs protective films and coatings worldwide. The company offers automotive surface and paint protection film, headlight protection, and automotive and architectural window films, as well as proprietary DAP software. It also provides pre-cut film products, merchandise and apparel, ceramic coatings, and tools and accessories.
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