Mawer Investment Management Ltd. Grows Holdings in XPEL, Inc. (NASDAQ:XPEL)

Mawer Investment Management Ltd. increased its position in shares of XPEL, Inc. (NASDAQ:XPEL) by 3.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 348,947 shares of the company’s stock after buying an additional 10,910 shares during the period. Mawer Investment Management Ltd.’s holdings in XPEL were worth $15,134,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kovack Advisors Inc. acquired a new position in XPEL during the 3rd quarter worth $295,000. Los Angeles Capital Management LLC acquired a new position in XPEL during the 3rd quarter worth $341,000. State of Alaska Department of Revenue grew its holdings in XPEL by 3.5% during the 3rd quarter. State of Alaska Department of Revenue now owns 12,934 shares of the company’s stock worth $560,000 after acquiring an additional 441 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in XPEL by 0.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 157,296 shares of the company’s stock worth $6,822,000 after acquiring an additional 432 shares in the last quarter. Finally, Louisiana State Employees Retirement System grew its holdings in XPEL by 2.8% during the 3rd quarter. Louisiana State Employees Retirement System now owns 11,000 shares of the company’s stock worth $477,000 after acquiring an additional 300 shares in the last quarter. Hedge funds and other institutional investors own 75.08% of the company’s stock.

XPEL Trading Down 0.7 %

XPEL stock traded down $0.32 during midday trading on Monday, reaching $44.46. 3,326 shares of the stock traded hands, compared to its average volume of 197,823. The firm has a fifty day moving average price of $42.41 and a two-hundred day moving average price of $39.42. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of 25.59 and a beta of 1.85. XPEL, Inc. has a fifty-two week low of $30.75 and a fifty-two week high of $60.49.

XPEL (NASDAQ:XPEL) last posted its earnings results on Thursday, November 7th. The company reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.01. The firm had revenue of $112.85 million during the quarter, compared to analyst estimates of $114.59 million. XPEL had a net margin of 11.61% and a return on equity of 24.68%. XPEL’s revenue was up 9.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.56 EPS. Analysts anticipate that XPEL, Inc. will post 1.73 earnings per share for the current year.

Analyst Ratings Changes

XPEL has been the subject of several recent analyst reports. Craig Hallum raised shares of XPEL from a “hold” rating to a “buy” rating in a report on Thursday, August 8th. B. Riley raised shares of XPEL from a “neutral” rating to a “buy” rating and lifted their price target for the company from $37.00 to $58.00 in a report on Friday, August 9th.

About XPEL

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.