Pacad Investment Ltd. bought a new position in Exterran Corporation (NYSE:EXTN) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 4,000 shares of the energy company’s stock, valued at approximately $107,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. BlackRock Inc. increased its stake in shares of Exterran Corporation by 49,395.2% in the first quarter. BlackRock Inc. now owns 4,083,358 shares of the energy company’s stock worth $128,420,000 after buying an additional 4,075,108 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Exterran Corporation by 4.0% in the first quarter. Dimensional Fund Advisors LP now owns 2,991,632 shares of the energy company’s stock worth $94,086,000 after buying an additional 114,597 shares during the period. Vanguard Group Inc. increased its stake in shares of Exterran Corporation by 3.2% in the first quarter. Vanguard Group Inc. now owns 2,952,036 shares of the energy company’s stock worth $92,842,000 after buying an additional 92,064 shares during the period. State Street Corp increased its stake in shares of Exterran Corporation by 19.6% in the first quarter. State Street Corp now owns 881,023 shares of the energy company’s stock worth $27,708,000 after buying an additional 144,099 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of Exterran Corporation by 0.8% in the first quarter. Ameriprise Financial Inc. now owns 713,792 shares of the energy company’s stock worth $22,450,000 after buying an additional 5,609 shares during the period. 89.92% of the stock is currently owned by institutional investors.

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A number of research analysts have issued reports on EXTN shares. Zacks Investment Research downgraded shares of Exterran Corporation from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 29th. ValuEngine raised shares of Exterran Corporation from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, BidaskClub raised shares of Exterran Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, July 6th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Exterran Corporation presently has an average rating of “Hold” and a consensus target price of $30.00.

Exterran Corporation (EXTN) opened at 29.25 on Monday. The stock’s market capitalization is $1.05 billion. Exterran Corporation has a 12 month low of $13.13 and a 12 month high of $34.05. The firm’s 50-day moving average is $26.84 and its 200-day moving average is $27.98.

Exterran Corporation (NYSE:EXTN) last released its earnings results on Monday, August 7th. The energy company reported ($0.16) earnings per share for the quarter, topping the consensus estimate of ($0.53) by $0.37. Exterran Corporation had a negative return on equity of 5.57% and a negative net margin of 1.45%. The business had revenue of $330.59 million during the quarter, compared to the consensus estimate of $329.50 million. On average, equities analysts expect that Exterran Corporation will post $0.09 earnings per share for the current fiscal year.

Exterran Corporation Profile

Exterran Corporation provides 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 oil and gas product sales. The contract operations segment provides natural gas compression services, production and processing equipment services, and maintenance services to meet specific customer requirements on assets owned by it.

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Institutional Ownership by Quarter for Exterran Corporation (NYSE:EXTN)

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