XO Group Inc (NYSE:XOXO) has been assigned an average recommendation of “Hold” from the seven analysts that are presently covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $19.38.
XOXO has been the topic of a number of research analyst reports. Zacks Investment Research downgraded shares of XO Group from a “hold” rating to a “sell” rating in a research note on Saturday, December 9th. B. Riley increased their price objective on shares of XO Group from $16.75 to $19.00 and gave the company a “neutral” rating in a research note on Wednesday, November 1st. Finally, BidaskClub downgraded shares of XO Group from a “buy” rating to a “hold” rating in a research note on Saturday, November 4th.
XO Group (XOXO) traded up $0.05 during trading on Tuesday, reaching $19.16. 12,595 shares of the company were exchanged, compared to its average volume of 80,921. XO Group has a 12 month low of $14.99 and a 12 month high of $20.96. The stock has a market cap of $491.13, a price-to-earnings ratio of 57.52, a P/E/G ratio of 2.60 and a beta of 0.92.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in XOXO. MetLife Investment Advisors LLC bought a new stake in shares of XO Group in the fourth quarter worth $209,000. Goldman Sachs Group Inc. boosted its holdings in XO Group by 17.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 79,247 shares of the specialty retailer’s stock worth $1,463,000 after purchasing an additional 11,997 shares during the period. Stone Ridge Asset Management LLC acquired a new position in XO Group in the fourth quarter worth $542,000. Guggenheim Capital LLC acquired a new position in XO Group in the fourth quarter worth $1,667,000. Finally, Deutsche Bank AG boosted its holdings in XO Group by 116.0% in the fourth quarter. Deutsche Bank AG now owns 57,043 shares of the specialty retailer’s stock worth $1,052,000 after purchasing an additional 30,638 shares during the period. Hedge funds and other institutional investors own 85.34% of the company’s stock.
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About XO Group
XO Group Inc is engaged in providing content and marketing solutions, targeted advertising programs, transactions and merchandise. The Company’s multi-platform brands guide couples through transformative life stages from getting married with The Knot, to moving in together with The Nest, to having a baby with The Bump, and helping bring celebrations to life with entertainment vendors from GigMasters.com Incorporated (GigMasters).
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