Bank of New York Mellon Corp Sells 28,401 Shares of KLX Energy Services Holdings, Inc. (NASDAQ:KLXE)

Bank of New York Mellon Corp decreased its position in KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) by 54.6% during the fourth quarter, Holdings Channel reports. The fund owned 23,650 shares of the company’s stock after selling 28,401 shares during the period. Bank of New York Mellon Corp’s holdings in KLX Energy Services were worth $118,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of KLXE. Virtu Financial LLC purchased a new stake in shares of KLX Energy Services during the 3rd quarter valued at about $77,000. SkyView Investment Advisors LLC grew its position in KLX Energy Services by 20.0% during the third quarter. SkyView Investment Advisors LLC now owns 15,000 shares of the company’s stock valued at $82,000 after buying an additional 2,500 shares during the period. PDT Partners LLC grew its position in KLX Energy Services by 82.4% during the third quarter. PDT Partners LLC now owns 19,699 shares of the company’s stock valued at $108,000 after buying an additional 8,901 shares during the period. Barclays PLC raised its position in KLX Energy Services by 56,523.3% in the third quarter. Barclays PLC now owns 24,348 shares of the company’s stock worth $133,000 after acquiring an additional 24,305 shares during the period. Finally, XTX Topco Ltd bought a new position in KLX Energy Services in the third quarter worth approximately $146,000. 42.69% of the stock is owned by hedge funds and other institutional investors.

KLX Energy Services Trading Down 5.1 %

Shares of KLXE stock opened at $3.37 on Friday. 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 cap of $58.65 million, a price-to-earnings ratio of -1.14 and a beta of 1.98. KLX Energy Services Holdings, Inc. has a 1 year low of $3.31 and a 1 year high of $8.13. The firm has a fifty day moving average price of $4.68 and a 200-day moving average price of $5.08.

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.