Goldman Sachs Group Inc. boosted its position in shares of XO Group Inc. (NYSE:XOXO) by 17.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 79,247 shares of the specialty retailer’s stock after buying an additional 11,997 shares during the quarter. Goldman Sachs Group Inc. owned 0.31% of XO Group worth $1,463,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Stone Ridge Asset Management LLC bought a new stake in shares of XO Group during the fourth quarter worth $542,000. Guggenheim Capital LLC bought a new stake in shares of XO Group during the fourth quarter worth $1,667,000. Deutsche Bank AG lifted its position in shares of XO Group by 116.0% during the fourth quarter. Deutsche Bank AG now owns 57,043 shares of the specialty retailer’s stock worth $1,052,000 after purchasing an additional 30,638 shares during the last quarter. ArrowMark Colorado Holdings LLC lifted its position in shares of XO Group by 23.0% during the fourth quarter. ArrowMark Colorado Holdings LLC now owns 1,576,787 shares of the specialty retailer’s stock worth $29,107,000 after purchasing an additional 295,200 shares during the last quarter. Finally, Thrivent Financial For Lutherans lifted its position in shares of XO Group by 39.0% during the fourth quarter. Thrivent Financial For Lutherans now owns 117,485 shares of the specialty retailer’s stock worth $2,169,000 after purchasing an additional 32,957 shares during the last quarter. 85.43% of the stock is owned by institutional investors.
NYSE:XOXO opened at $21.87 on Thursday. XO Group Inc. has a twelve month low of $16.06 and a twelve month high of $22.54. The firm has a market cap of $546.27, a PE ratio of 54.49, a price-to-earnings-growth ratio of 2.54 and a beta of 0.78.
XO Group (NYSE:XOXO) last released its quarterly earnings data on Thursday, March 1st. The specialty retailer reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.03. The firm had revenue of $42.33 million during the quarter, compared to the consensus estimate of $41.41 million. XO Group had a return on equity of 5.76% and a net margin of 3.45%. equities research analysts predict that XO Group Inc. will post 0.56 EPS for the current year.
Several analysts have recently weighed in on the company. TheStreet upgraded XO Group from a “c+” rating to a “b” rating in a research report on Monday, April 9th. Aegis reiterated a “buy” rating and set a $25.00 target price (up from $23.00) on shares of XO Group in a research report on Monday, March 5th. ValuEngine upgraded XO Group from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. Finally, Zacks Investment Research upgraded XO Group from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a research report on Wednesday, March 7th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $21.88.
In related news, insider Iorio Nic Di sold 5,000 shares of XO Group stock in a transaction dated Wednesday, March 7th. The stock was sold at an average price of $20.62, for a total value of $103,100.00. Following the completion of the sale, the insider now directly owns 168,127 shares in the company, valued at $3,466,778.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director David Liu sold 275,465 shares of XO Group stock in a transaction dated Thursday, March 8th. The shares were 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 disclosure for this sale can be found here. Insiders own 6.99% of the company’s stock.
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XO Group Profile
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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