Virtu Financial LLC Makes New Investment in KLX Energy Services Holdings, Inc. (NASDAQ:KLXE)

Virtu Financial LLC bought a new position in shares of KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 14,019 shares of the company’s stock, valued at approximately $77,000. Virtu Financial LLC owned 0.08% of KLX Energy Services as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in KLXE. Allspring Global Investments Holdings LLC boosted its position in shares of KLX Energy Services by 89,460.0% during the second quarter. Allspring Global Investments Holdings LLC now owns 8,956 shares of the company’s stock valued at $44,000 after purchasing an additional 8,946 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of KLX Energy Services by 12.5% during the 2nd quarter. American Century Companies Inc. now owns 177,965 shares of the company’s stock valued at $881,000 after buying an additional 19,744 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of KLX Energy Services by 90.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 26,215 shares of the company’s stock worth $130,000 after buying an additional 12,485 shares during the period. Cubist Systematic Strategies LLC bought a new position in shares of KLX Energy Services in the 2nd quarter worth about $156,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in shares of KLX Energy Services in the 2nd quarter worth about $84,000. Institutional investors own 42.69% of the company’s stock.

KLX Energy Services Trading Down 4.8 %

NASDAQ:KLXE opened at $4.41 on Friday. The firm has a market capitalization of $74.35 million, a P/E ratio of -1.49 and a beta of 2.12. The company has a debt-to-equity ratio of 105.76, a current ratio of 1.24 and a quick ratio of 1.08. KLX Energy Services Holdings, Inc. has a one year low of $4.18 and a one year high of $12.13. The company’s 50-day simple moving average is $5.25 and its 200 day simple moving average is $5.56.

KLX Energy Services (NASDAQ:KLXE) last issued its quarterly 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. KLX Energy Services had a negative return on equity of 244.12% and a negative net margin of 6.45%. The firm had revenue of $188.90 million for the quarter, compared to analysts’ expectations of $181.60 million. As a group, analysts forecast that KLX Energy Services Holdings, Inc. will post -2.83 EPS for the current fiscal year.

KLX Energy Services Company 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.