Shares of XO Group Inc (NYSE:XOXO) have been given a consensus rating of “Hold” by the seven brokerages that are presently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $21.88.
XOXO has been the subject of several research reports. Aegis reaffirmed a “buy” rating and issued a $25.00 target price (up from $23.00) on shares of XO Group in a research report on Monday, March 5th. Zacks Investment Research cut XO Group from a “hold” rating to a “sell” rating in a research report on Saturday, December 9th. Finally, TheStreet cut XO Group from a “b” rating to a “c+” rating in a research report on Thursday, March 1st.
XO Group (NYSE XOXO) traded down $0.08 on Friday, reaching $22.23. 283,987 shares of the company traded hands, compared to its average volume of 184,585. The firm has a market capitalization of $573.51, a PE ratio of 101.05, a PEG ratio of 2.66 and a beta of 0.88. XO Group has a 1 year low of $16.06 and a 1 year high of $22.54.
XO Group (NYSE:XOXO) last posted its quarterly earnings results on Thursday, March 1st. The specialty retailer reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.03. The firm had revenue of $42.33 million for the quarter, compared to analysts’ expectations of $41.41 million. XO Group had a net margin of 3.45% and a return on equity of 5.76%. sell-side analysts expect that XO Group will post 0.56 EPS for the current year.
In other XO Group news, Director David Liu sold 275,465 shares of the stock in a transaction on Thursday, March 8th. The stock was sold at an average price of $20.38, for a total transaction of $5,613,976.70. Following the completion of the transaction, the director now directly owns 493,375 shares in the company, valued at $10,054,982.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Iorio Nic Di sold 5,000 shares of the stock in a transaction on Wednesday, March 7th. The stock was sold at an average price of $20.62, for a total value of $103,100.00. Following the transaction, the insider now owns 168,127 shares of the company’s stock, valued at $3,466,778.74. The disclosure for this sale can be found here. 6.80% of the stock is owned by company insiders.
Institutional investors have recently added to or reduced their stakes in the business. Acadian Asset Management LLC increased its position in shares of XO Group by 28.3% during the 4th quarter. Acadian Asset Management LLC now owns 19,102 shares of the specialty retailer’s stock worth $353,000 after purchasing an additional 4,208 shares during the last quarter. OxFORD Asset Management LLP increased its position in shares of XO Group by 4.0% during the 3rd quarter. OxFORD Asset Management LLP now owns 163,389 shares of the specialty retailer’s stock worth $3,216,000 after purchasing an additional 6,275 shares during the last quarter. Prudential Financial Inc. increased its position in shares of XO Group by 20.2% during the 3rd quarter. Prudential Financial Inc. now owns 102,118 shares of the specialty retailer’s stock worth $2,008,000 after purchasing an additional 17,160 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. increased its position in shares of XO Group by 38.0% during the 3rd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 99,906 shares of the specialty retailer’s stock worth $1,965,000 after purchasing an additional 27,530 shares during the last quarter. Finally, First Quadrant L P CA increased its position in shares of XO Group by 771.6% during the 4th quarter. First Quadrant L P CA now owns 33,347 shares of the specialty retailer’s stock worth $616,000 after purchasing an additional 29,521 shares during the last quarter. Hedge funds and other institutional investors own 85.43% of the company’s stock.
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XO Group Company Profile
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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