State Board of Administration of Florida Retirement System held its position in XO Group Inc. (NYSE:XOXO) during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 33,564 shares of the company’s stock at the end of the second quarter. State Board of Administration of Florida Retirement System owned approximately 0.13% of XO Group worth $585,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Prudential Financial Inc. boosted its position in XO Group by 31.5% in the first quarter. Prudential Financial Inc. now owns 113,058 shares of the company’s stock valued at $1,815,000 after buying an additional 27,100 shares during the last quarter. Menta Capital LLC raised its position in shares of XO Group by 2.1% in the first quarter. Menta Capital LLC now owns 34,180 shares of the company’s stock valued at $549,000 after buying an additional 700 shares during the period. AXA raised its position in shares of XO Group by 633.4% in the first quarter. AXA now owns 86,200 shares of the company’s stock valued at $1,384,000 after buying an additional 74,446 shares during the period. Geode Capital Management LLC raised its position in shares of XO Group by 16.5% in the first quarter. Geode Capital Management LLC now owns 171,981 shares of the company’s stock valued at $2,759,000 after buying an additional 24,364 shares during the period. Finally, Mariner Wealth Advisors LLC bought a new position in shares of XO Group during the first quarter valued at about $271,000. 83.29% of the stock is currently owned by hedge funds and other institutional investors.
XO Group Inc. (NYSE:XOXO) traded up 1.18% during mid-day trading on Tuesday, hitting $19.75. 54,351 shares of the stock were exchanged. The firm has a market capitalization of $501.49 million, a price-to-earnings ratio of 70.54 and a beta of 1.01. XO Group Inc. has a 52 week low of $13.64 and a 52 week high of $19.82. The company’s 50-day moving average price is $18.82 and its 200 day moving average price is $17.56.
XO Group (NYSE:XOXO) last announced its quarterly earnings data on Monday, August 1st. The company reported $0.14 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.01. The firm had revenue of $38.70 million for the quarter, compared to the consensus estimate of $39 million. XO Group had a net margin of 5.09% and a return on equity of 6.51%. The company’s revenue was up 6.9% on a year-over-year basis. During the same period last year, the firm earned $0.13 EPS. Equities research analysts expect that XO Group Inc. will post $0.49 EPS for the current year.
XOXO has been the subject of several research reports. B. Riley lowered shares of XO Group from a “buy” rating to a “neutral” rating and set a $19.50 target price for the company. in a research report on Thursday, July 21st. Axiom Securities reiterated a “buy” rating and issued a $21.00 target price on shares of XO Group in a research report on Tuesday, August 2nd. Finally, Zacks Investment Research upgraded shares of XO Group from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a research report on Thursday, August 4th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $20.50.
In other XO Group news, Director David Liu sold 3,300 shares of XO Group stock in a transaction on Monday, September 19th. The shares were sold at an average price of $18.80, for a total value of $62,040.00. Following the sale, the director now directly owns 508,872 shares in the company, valued at approximately $9,566,793.60. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 5.60% of the company’s stock.
XO Group Company Profile
XO Group Inc is engaged in providing content and marketing solutions, targeted advertising programs, transactions and merchandise. The Company guides couples through transformative life stages from getting married, to moving in together and having a baby through its multi-platform brands, including The Knot, The Bump and The Nest.
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