XO Group, Inc. (NYSE:XOXO) had its target price boosted by equities research analysts at B. Riley from $16.75 to $19.00 in a research note issued on Wednesday. The brokerage presently has a “neutral” rating on the specialty retailer’s stock.
XOXO has been the subject of a number of other research reports. Roth Capital set a $21.00 price target on XO Group and gave the stock a “buy” rating in a report on Tuesday, August 1st. Zacks Investment Research raised XO Group from a “sell” rating to a “hold” rating in a report on Wednesday, October 18th. BidaskClub cut XO Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 25th. Finally, ValuEngine raised XO Group from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. XO Group has a consensus rating of “Hold” and an average target price of $20.50.
XO Group (NYSE:XOXO) last announced its quarterly earnings data on Tuesday, October 31st. The specialty retailer reported $0.13 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.02. The firm had revenue of $40.24 million during the quarter, compared to analysts’ expectations of $40.58 million. XO Group had a return on equity of 5.55% and a net margin of 5.35%. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.07 EPS.
A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. grew its position in XO Group by 5.8% during the 2nd quarter. Vanguard Group Inc. now owns 1,474,477 shares of the specialty retailer’s stock worth $25,981,000 after acquiring an additional 81,288 shares during the last quarter. Renaissance Technologies LLC grew its position in XO Group by 2.1% during the 2nd quarter. Renaissance Technologies LLC now owns 1,473,300 shares of the specialty retailer’s stock worth $25,960,000 after acquiring an additional 30,800 shares during the last quarter. Dimensional Fund Advisors LP grew its position in XO Group by 10.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,337,815 shares of the specialty retailer’s stock worth $23,572,000 after acquiring an additional 129,723 shares during the last quarter. Clearbridge Investments LLC grew its position in XO Group by 0.8% during the 1st quarter. Clearbridge Investments LLC now owns 908,761 shares of the specialty retailer’s stock worth $15,640,000 after acquiring an additional 7,367 shares during the last quarter. Finally, State Street Corp grew its position in XO Group by 2.6% during the 2nd quarter. State Street Corp now owns 655,761 shares of the specialty retailer’s stock worth $11,555,000 after acquiring an additional 16,400 shares during the last quarter. Institutional investors and hedge funds own 83.31% of the company’s stock.
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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