ARP Americas LP Buys New Position in XO Group, Inc. (XOXO)

ARP Americas LP bought a new stake in shares of XO Group, Inc. (NYSE:XOXO) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,470 shares of the specialty retailer’s stock, valued at approximately $223,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. boosted its stake in XO Group by 3.7% during 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 in the last quarter. Dimensional Fund Advisors LP boosted its stake in XO Group by 2.1% during 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 in the last quarter. Russell Investments Group Ltd. boosted its stake in XO Group by 26.6% during the first quarter. Russell Investments Group Ltd. now owns 64,234 shares of the specialty retailer’s stock worth $1,333,000 after acquiring an additional 13,507 shares in the last quarter. Principal Financial Group Inc. boosted its stake in XO Group by 2.3% during 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 in the last quarter. Finally, Barclays PLC boosted its stake in XO Group by 143.8% during the first quarter. Barclays PLC now owns 12,091 shares of the specialty retailer’s stock worth $251,000 after acquiring an additional 7,131 shares in the last quarter. 87.50% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:XOXO opened at $34.39 on Tuesday. XO Group, Inc. has a one year low of $17.49 and a one year high of $35.83. The stock has a market cap of $903.33 million, a P/E ratio of 88.18 and a beta of 0.85.



XO Group (NYSE:XOXO) last issued its earnings results on Tuesday, July 31st. The specialty retailer reported $0.19 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.19. The business had revenue of $43.15 million during the quarter, compared to analysts’ expectations of $42.85 million. XO Group had a net margin of 7.73% and a return on equity of 8.57%. On average, analysts expect that XO Group, Inc. will post 0.67 EPS for the current fiscal year.

Several research firms recently commented on XOXO. Zacks Investment Research raised shares of XO Group from a “hold” rating to a “buy” rating and set a $31.00 price objective on the stock in a research note on Friday, August 3rd. Aegis reissued a “hold” rating and set a $34.00 price objective on shares of XO Group in a research note on Thursday, September 27th. ValuEngine lowered shares of XO Group from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, September 18th. Roth Capital dropped their price objective on shares of XO Group from $29.00 to $26.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 31st. Finally, B. Riley lowered shares of XO Group from a “buy” rating to a “neutral” rating and boosted their price objective for the stock from $32.00 to $35.00 in a research note on Wednesday, September 26th. Four analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $31.50.

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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Institutional Ownership by Quarter for XO Group (NYSE:XOXO)

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