XO Group (XOXO) Reaches New 12-Month High and Low at $29.79

XO Group Inc. (NYSE:XOXO) shares hit a new 52-week high and low during trading on Tuesday . The company traded as low as $29.79 and last traded at $29.67, with a volume of 13850 shares trading hands. The stock had previously closed at $28.66.

A number of research analysts have commented on the stock. Aegis increased their price target on shares of XO Group from $25.00 to $33.00 and gave the company a “buy” rating in a research report on Monday, May 7th. ValuEngine upgraded shares of XO Group from a “buy” rating to a “strong-buy” rating in a research report on Thursday, May 3rd. B. Riley upgraded shares of XO Group from a “neutral” rating to a “buy” rating and increased their price target for the company from $19.00 to $32.00 in a research report on Thursday, May 3rd. TheStreet upgraded shares of XO Group from a “c+” rating to a “b” rating in a research report on Monday, April 9th. Finally, Zacks Investment Research upgraded shares of XO Group from a “hold” rating to a “buy” rating and set a $23.00 price target on the stock in a research report on Wednesday, March 7th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $27.13.

The firm has a market capitalization of $754.04 million, a PE ratio of 76.00, a P/E/G ratio of 3.13 and a beta of 0.75.

XO Group (NYSE:XOXO) last issued its earnings results on Wednesday, May 2nd. The specialty retailer reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.11. XO Group had a net margin of 5.42% and a return on equity of 7.46%. The firm had revenue of $38.31 million for the quarter, compared to analysts’ expectations of $37.57 million. sell-side analysts expect that XO Group Inc. will post 0.62 earnings per share for the current year.

In related news, Director David Liu sold 275,465 shares of the firm’s stock in a transaction on Thursday, March 8th. The stock was sold at an average price of $20.38, for a total value of $5,613,976.70. Following the completion of the sale, the director now owns 493,375 shares of the company’s stock, valued at $10,054,982.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Iorio Nic Di sold 25,000 shares of the firm’s stock in a transaction on Wednesday, May 2nd. The stock was sold at an average price of $22.50, for a total value of $562,500.00. Following the completion of the sale, the chief technology officer now directly owns 139,062 shares of the company’s stock, valued at approximately $3,128,895. The disclosure for this sale can be found here. Insiders sold 305,465 shares of company stock worth $6,279,577 in the last 90 days. Company insiders own 6.99% of the company’s stock.

A number of hedge funds have recently made changes to their positions in the stock. BlackRock Inc. lifted its stake in XO Group by 3.7% in the first quarter. BlackRock Inc. now owns 3,236,213 shares of the specialty retailer’s stock worth $67,152,000 after acquiring an additional 115,688 shares during the period. ArrowMark Colorado Holdings LLC lifted its stake in XO Group by 23.0% in the fourth quarter. ArrowMark Colorado Holdings LLC now owns 1,576,787 shares of the specialty retailer’s stock worth $29,107,000 after acquiring an additional 295,200 shares during the period. Renaissance Technologies LLC lifted its stake in XO Group by 3.0% in the fourth quarter. Renaissance Technologies LLC now owns 1,532,200 shares of the specialty retailer’s stock worth $28,284,000 after acquiring an additional 44,700 shares during the period. Dimensional Fund Advisors LP lifted its stake in XO Group by 2.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,377,781 shares of the specialty retailer’s stock worth $28,589,000 after acquiring an additional 28,016 shares during the period. Finally, Principal Financial Group Inc. lifted its stake in XO Group by 2.3% in the first quarter. Principal Financial Group Inc. now owns 186,092 shares of the specialty retailer’s stock worth $3,861,000 after acquiring an additional 4,171 shares during the period. 85.48% of the stock is owned by institutional investors.

About XO Group

XO Group Inc provides multiplatform media and marketplace services to the wedding, pregnancy and parenting, and local entertainment markets primarily in the United States. It operates a network of Websites under various brands, including The Knot, which offers wedding resources and marketplaces through wedding Website and mobile apps, national and local wedding magazines, and nationally published books; and The Bump, a pregnancy and parenting brand that provides personalized information, content, and tools for navigating the journey from fertility to pregnancy and parenting through the toddler years.

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