Clifford Capital Partners LLC Has $438,000 Stock Holdings in KLX Energy Services Holdings, Inc. (NASDAQ:KLXE)

Clifford Capital Partners LLC raised its stake in KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) by 13.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 79,985 shares of the company’s stock after buying an additional 9,638 shares during the quarter. Clifford Capital Partners LLC’s holdings in KLX Energy Services were worth $438,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in KLXE. Vanguard Group Inc. boosted its holdings in shares of KLX Energy Services by 5.2% during the 1st quarter. Vanguard Group Inc. now owns 717,334 shares of the company’s stock worth $5,552,000 after buying an additional 35,189 shares during the period. American Century Companies Inc. increased its position 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 worth $881,000 after purchasing an additional 19,744 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new stake in shares of KLX Energy Services during the 2nd quarter worth about $156,000. Dimensional Fund Advisors LP increased its position in shares of KLX Energy Services by 90.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 26,215 shares of the company’s stock worth $130,000 after purchasing an additional 12,485 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in KLX Energy Services during the 2nd quarter worth about $84,000. 42.69% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Singular Research raised shares of KLX Energy Services to a “strong-buy” rating in a report on Monday, August 12th.

KLX Energy Services Stock Down 7.4 %

Shares of NASDAQ KLXE opened at $6.01 on Wednesday. The firm has a market capitalization of $101.33 million, a PE ratio of -2.03 and a beta of 2.00. The company has a current ratio of 1.24, a quick ratio of 1.08 and a debt-to-equity ratio of 105.76. KLX Energy Services Holdings, Inc. has a 1 year low of $4.18 and a 1 year high of $12.13. The firm’s 50-day moving average is $5.38 and its 200-day moving average is $5.58.

KLX Energy Services (NASDAQ:KLXE) last released its quarterly earnings data on Thursday, October 31st. The company reported ($0.40) earnings per share for the quarter, topping the consensus estimate of ($0.48) by $0.08. KLX Energy Services had a negative net margin of 6.45% and a negative return on equity of 244.12%. The business had revenue of $188.90 million for the quarter, compared to analyst estimates of $181.60 million. Equities analysts expect that KLX Energy Services Holdings, Inc. will post -2.79 EPS 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.