Barclays PLC Purchases 24,305 Shares of KLX Energy Services Holdings, Inc. (NASDAQ:KLXE)

Barclays PLC boosted its position in shares of KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) by 56,523.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,348 shares of the company’s stock after purchasing an additional 24,305 shares during the period. Barclays PLC’s holdings in KLX Energy Services were worth $133,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in KLXE. Sequoia Financial Advisors LLC bought a new position in KLX Energy Services during the 3rd quarter valued at about $58,000. Point72 Asia Singapore Pte. Ltd. bought a new position in KLX Energy Services during the 2nd quarter valued at about $84,000. PDT Partners LLC grew its holdings in KLX Energy Services by 82.4% during the 3rd quarter. PDT Partners LLC now owns 19,699 shares of the company’s stock valued at $108,000 after purchasing an additional 8,901 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in KLX Energy Services by 90.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 26,215 shares of the company’s stock valued at $130,000 after purchasing an additional 12,485 shares during the last quarter. Finally, XTX Topco Ltd bought a new position in KLX Energy Services during the 3rd quarter valued at about $146,000. 42.69% of the stock is currently owned by institutional investors.

KLX Energy Services Price Performance

Shares of KLXE stock opened at $5.11 on Thursday. The company has a debt-to-equity ratio of 105.76, a current ratio of 1.24 and a quick ratio of 1.08. The company has a market capitalization of $86.15 million, a P/E ratio of -1.73 and a beta of 2.14. The company’s 50-day simple moving average is $5.25 and its two-hundred day simple moving average is $5.59. KLX Energy Services Holdings, Inc. has a one year low of $4.18 and a one year high of $11.06.

KLX Energy Services (NASDAQ:KLXE) last issued its earnings results on Thursday, October 31st. The company reported ($0.40) EPS for the quarter, topping analysts’ consensus estimates of ($0.48) by $0.08. The business had revenue of $188.90 million for the quarter, compared to the consensus estimate of $181.60 million. KLX Energy Services had a negative net margin of 6.45% and a negative return on equity of 244.12%. As a group, equities analysts anticipate that KLX Energy Services Holdings, Inc. will post -2.83 EPS for the current year.

KLX Energy Services Profile

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.