UBS Asset Management Americas Inc. held its stake in shares of XO Group, Inc. (NYSE:XOXO) during the first quarter, according to its most recent filing with the SEC. The fund owned 10,598 shares of the specialty retailer’s stock at the end of the first quarter. UBS Asset Management Americas Inc.’s holdings in XO Group were worth $182,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in XOXO. Louisiana State Employees Retirement System raised its position in XO Group by 1.0% in the first quarter. Louisiana State Employees Retirement System now owns 10,100 shares of the specialty retailer’s stock valued at $174,000 after buying an additional 100 shares during the last quarter. Russell Investments Group Ltd. purchased a new position in shares of XO Group during the fourth quarter valued at $225,000. Thrivent Financial for Lutherans raised its position in shares of XO Group by 6.5% in the fourth quarter. Thrivent Financial for Lutherans now owns 13,420 shares of the specialty retailer’s stock valued at $261,000 after buying an additional 820 shares during the last quarter. First Midwest Bank Trust Division raised its position in shares of XO Group by 3.6% in the first quarter. First Midwest Bank Trust Division now owns 21,630 shares of the specialty retailer’s stock valued at $372,000 after buying an additional 747 shares during the last quarter. Finally, Comerica Bank raised its position in shares of XO Group by 3.3% in the first quarter. Comerica Bank now owns 27,415 shares of the specialty retailer’s stock valued at $485,000 after buying an additional 876 shares during the last quarter. 83.53% of the stock is currently owned by institutional investors.
Shares of XO Group, Inc. (NYSE:XOXO) traded up 1.143% during trading on Wednesday, hitting $18.135. The stock had a trading volume of 17,946 shares. XO Group, Inc. has a 12-month low of $14.99 and a 12-month high of $20.99. The stock’s 50-day moving average is $18.02 and its 200-day moving average is $17.56. The stock has a market capitalization of $452.61 million, a P/E ratio of 64.768 and a beta of 0.94.
XO Group (NYSE:XOXO) last announced its quarterly earnings data on Monday, July 31st. The specialty retailer reported $0.11 EPS for the quarter, meeting the consensus estimate of $0.11. The business had revenue of $42.20 million during the quarter, compared to the consensus estimate of $41.51 million. XO Group had a net margin of 4.55% and a return on equity of 4.71%. The company’s revenue was up 9.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.14 earnings per share. Analysts predict that XO Group, Inc. will post $0.33 EPS for the current fiscal year.
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Several brokerages have weighed in on XOXO. B. Riley reaffirmed a “neutral” rating and issued a $16.75 target price on shares of XO Group in a research report on Sunday, August 6th. BidaskClub upgraded XO Group from a “hold” rating to a “buy” rating in a research note on Friday, August 11th. Roth Capital set a $21.00 price target on XO Group and gave the stock a “buy” rating in a research note on Tuesday, August 1st. Zacks Investment Research downgraded XO Group from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. Finally, ValuEngine upgraded XO Group from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $20.15.
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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