KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) Holdings Cut by Jane Street Group LLC

Jane Street Group LLC cut its stake in shares of KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) by 74.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,857 shares of the company’s stock after selling 46,354 shares during the quarter. Jane Street Group LLC’s holdings in KLX Energy Services were worth $87,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Clifford Capital Partners LLC boosted its position in KLX Energy Services by 13.9% during the 2nd quarter. Clifford Capital Partners LLC now owns 70,347 shares of the company’s stock valued at $348,000 after purchasing an additional 8,589 shares during the period. PDT Partners LLC lifted its stake in KLX Energy Services by 82.4% in the third quarter. PDT Partners LLC now owns 19,699 shares of the company’s stock valued at $108,000 after buying an additional 8,901 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new position in shares of KLX Energy Services during the third quarter valued at $58,000. Dimensional Fund Advisors LP grew its position in shares of KLX Energy Services by 90.9% during the second quarter. Dimensional Fund Advisors LP now owns 26,215 shares of the company’s stock worth $130,000 after acquiring an additional 12,485 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of KLX Energy Services in the 2nd quarter worth about $84,000. 42.69% of the stock is owned by institutional investors.

KLX Energy Services Trading Up 7.4 %

KLX Energy Services stock opened at $5.63 on Wednesday. KLX Energy Services Holdings, Inc. has a 52-week low of $4.18 and a 52-week high of $10.58. The company has a quick ratio of 1.08, a current ratio of 1.24 and a debt-to-equity ratio of 105.76. The firm has a market capitalization of $94.92 million, a price-to-earnings ratio of -1.90 and a beta of 2.14. The firm has a 50-day moving average price of $5.31 and a two-hundred day moving average price of $5.60.

KLX Energy Services (NASDAQ:KLXE) last released its quarterly earnings results on Thursday, October 31st. The company reported ($0.40) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.48) by $0.08. KLX Energy Services had a negative return on equity of 244.12% and a negative net margin of 6.45%. The company had revenue of $188.90 million for the quarter, compared to analysts’ expectations of $181.60 million. Sell-side analysts expect that KLX Energy Services Holdings, Inc. will post -2.83 earnings per share for the current year.

About KLX Energy Services

KLX Energy Services Holdings, Inc provides drilling, completions, production, and well intervention services and products to the onshore oil and gas producing regions of the United States. The company operates through three segments: Southwest, Rocky Mountains, and Northeast/Mid-Con. It provides directional drilling services; downhole navigational and rental tools businesses and support services, including well planning, site supervision, accommodation rentals, and other drilling rentals; and various technologies, including gamma ray, azimuthal gamma ray, real-time continuous inclination and azimuth, rotary steerable, pressure-while-drilling, mode shifting, stick-slip and destructive dynamics, dynamic sequencing and real-time shock, and vibration modules.