Public Employees Retirement System of Ohio Invests $463,000 in Xponential Fitness, Inc. (NYSE:XPOF)

Public Employees Retirement System of Ohio bought a new position in Xponential Fitness, Inc. (NYSE:XPOF) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 29,901 shares of the company’s stock, valued at approximately $463,000. Public Employees Retirement System of Ohio owned 0.06% of Xponential Fitness as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of Xponential Fitness by 0.4% in the 3rd quarter. Vanguard Group Inc. now owns 1,325,963 shares of the company’s stock worth $20,552,000 after purchasing an additional 5,245 shares during the period. Deutsche Bank AG boosted its holdings in shares of Xponential Fitness by 15.1% in the 3rd quarter. Deutsche Bank AG now owns 12,179 shares of the company’s stock worth $189,000 after purchasing an additional 1,598 shares during the period. Graham Capital Management L.P. boosted its holdings in Xponential Fitness by 50.2% during the 3rd quarter. Graham Capital Management L.P. now owns 22,783 shares of the company’s stock valued at $353,000 after acquiring an additional 7,618 shares during the period. Jacobs Levy Equity Management Inc. purchased a new position in Xponential Fitness during the 3rd quarter valued at $10,415,000. Finally, Kennedy Capital Management LLC purchased a new position in Xponential Fitness during the 3rd quarter valued at $1,006,000. Hedge funds and other institutional investors own 58.55% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Piper Sandler restated a “neutral” rating and set a $13.00 price objective (down previously from $21.00) on shares of Xponential Fitness in a report on Wednesday, January 3rd. Bank of America boosted their price objective on Xponential Fitness from $13.00 to $15.50 and gave the company a “neutral” rating in a report on Wednesday, March 13th. Stifel Nicolaus boosted their price objective on Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a report on Tuesday, March 5th. Citigroup dropped their price objective on Xponential Fitness from $23.00 to $21.00 and set a “buy” rating for the company in a report on Monday, March 4th. Finally, Robert W. Baird lowered their target price on Xponential Fitness from $16.00 to $14.00 and set a “neutral” rating for the company in a report on Friday, March 1st. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $23.06.

Insider Activity at Xponential Fitness

In other news, CEO Anthony Geisler sold 17,901 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $9.93, for a total value of $177,756.93. Following the completion of the transaction, the chief executive officer now directly owns 394,011 shares in the company, valued at $3,912,529.23. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, CEO Anthony Geisler sold 17,901 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $9.93, for a total value of $177,756.93. Following the completion of the transaction, the chief executive officer now directly owns 394,011 shares in the company, valued at $3,912,529.23. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, President Sarah Luna sold 5,399 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $10.01, for a total value of $54,043.99. Following the completion of the transaction, the president now owns 265,247 shares of the company’s stock, valued at $2,655,122.47. The disclosure for this sale can be found here. Insiders have sold 35,632 shares of company stock valued at $356,848 in the last ninety days. Corporate insiders own 47.86% of the company’s stock.

Xponential Fitness Trading Down 1.3 %

XPOF opened at $16.01 on Thursday. The firm has a market cap of $760.31 million, a price-to-earnings ratio of -9.70 and a beta of 0.93. Xponential Fitness, Inc. has a 12 month low of $8.30 and a 12 month high of $33.58. The stock has a fifty day moving average price of $12.28 and a 200-day moving average price of $13.32.

Xponential Fitness (NYSE:XPOF) last announced its earnings results on Thursday, February 29th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.03). Xponential Fitness had a negative net margin of 0.28% and a negative return on equity of 16.60%. The business had revenue of $90.20 million for the quarter, compared to analyst estimates of $81.71 million. During the same period in the prior year, the company earned $0.11 earnings per share. The company’s quarterly revenue was up 26.6% on a year-over-year basis. On average, equities research analysts forecast that Xponential Fitness, Inc. will post 1.11 EPS for the current year.

Xponential Fitness Profile

Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisor in North America. It offers pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training, and yoga services under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands.