Aviva PLC Reduces Stock Position in XPEL, Inc. (NASDAQ:XPEL)

Aviva PLC cut its holdings in XPEL, Inc. (NASDAQ:XPEL) by 7.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 13,695 shares of the company’s stock after selling 1,100 shares during the period. Aviva PLC’s holdings in XPEL were worth $547,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of XPEL. National Bank of Canada FI purchased a new stake in shares of XPEL during the 3rd quarter worth approximately $71,000. Quantbot Technologies LP lifted its position in XPEL by 46.0% in the fourth quarter. Quantbot Technologies LP now owns 2,165 shares of the company’s stock valued at $86,000 after acquiring an additional 682 shares during the last quarter. FMR LLC boosted its stake in XPEL by 247.7% in the third quarter. FMR LLC now owns 2,799 shares of the company’s stock valued at $121,000 after acquiring an additional 1,994 shares in the last quarter. MML Investors Services LLC purchased a new position in shares of XPEL during the third quarter worth about $205,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of XPEL during the fourth quarter worth about $212,000. 75.08% of the stock is owned by hedge funds and other institutional investors.

XPEL Stock Performance

XPEL stock opened at $26.13 on Friday. The stock has a 50-day simple moving average of $33.70 and a 200-day simple moving average of $39.29. The company has a market capitalization of $722.55 million, a P/E ratio of 14.93 and a beta of 1.83. XPEL, Inc. has a fifty-two week low of $24.25 and a fifty-two week high of $58.70.

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

XPEL Profile

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.