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

Mawer Investment Management Ltd. boosted its holdings in shares of XPEL, Inc. (NASDAQ:XPEL) by 13.9% in the fourth quarter, HoldingsChannel reports. The fund owned 397,533 shares of the company’s stock after acquiring an additional 48,586 shares during the period. Mawer Investment Management Ltd.’s holdings in XPEL were worth $15,877,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Quantbot Technologies LP bought a new position in XPEL in the 3rd quarter worth about $64,000. National Bank of Canada FI purchased a new position in XPEL in the third quarter worth about $71,000. FMR LLC raised its holdings in XPEL by 247.7% in the third quarter. FMR LLC now owns 2,799 shares of the company’s stock worth $121,000 after buying an additional 1,994 shares during the last quarter. MML Investors Services LLC bought a new position in shares of XPEL in the third quarter worth approximately $205,000. Finally, KLP Kapitalforvaltning AS purchased a new stake in shares of XPEL during the fourth quarter valued at approximately $212,000. Institutional investors own 75.08% of the company’s stock.

XPEL Stock Down 2.1 %

Shares of NASDAQ XPEL opened at $30.88 on Friday. The firm has a market cap of $853.89 million, a P/E ratio of 17.65 and a beta of 1.82. XPEL, Inc. has a twelve month low of $29.00 and a twelve month high of $60.49. The company has a 50 day moving average of $37.31 and a 200 day moving average of $40.57.

XPEL (NASDAQ:XPEL) last announced its quarterly earnings results on Wednesday, February 26th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.06). XPEL had a net margin of 11.61% and a return on equity of 24.68%. The business had revenue of $107.53 million for the quarter, compared to the consensus estimate of $106.98 million. As a group, equities analysts expect that XPEL, Inc. will post 1.73 earnings per share for the current fiscal year.

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.