XO Group Inc. (XOXO) Shares Sold by Boston Partners

Boston Partners lessened its position in shares of XO Group Inc. (NYSE:XOXO) by 6.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 200,014 shares of the specialty retailer’s stock after selling 12,940 shares during the period. Boston Partners owned approximately 0.78% of XO Group worth $4,150,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. ArrowMark Colorado Holdings LLC boosted its holdings 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 acquiring an additional 295,200 shares during the period. Renaissance Technologies LLC boosted its holdings in shares of XO Group by 3.0% during the fourth quarter. Renaissance Technologies LLC now owns 1,532,200 shares of the specialty retailer’s stock worth $28,284,000 after acquiring an additional 44,700 shares during the period. Schwab Charles Investment Management Inc. boosted its holdings in shares of XO Group by 11.4% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 130,616 shares of the specialty retailer’s stock worth $2,412,000 after acquiring an additional 13,401 shares during the period. Alambic Investment Management L.P. boosted its holdings in shares of XO Group by 8.2% during the fourth quarter. Alambic Investment Management L.P. now owns 130,348 shares of the specialty retailer’s stock worth $2,406,000 after acquiring an additional 9,903 shares during the period. Finally, Thrivent Financial For Lutherans boosted its holdings 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 acquiring an additional 32,957 shares during the period. Institutional investors own 85.48% of the company’s stock.

In related news, Director David Liu sold 275,465 shares of the business’s stock in a transaction that occurred on Thursday, March 8th. The stock was 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 directly owns 493,375 shares in the company, valued at $10,054,982.50. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CTO Iorio Nic Di sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 2nd. The shares were sold at an average price of $22.50, for a total value of $562,500.00. Following the completion of the sale, the chief technology officer now owns 139,062 shares of the company’s stock, valued at $3,128,895. The disclosure for this sale can be found here. Over the last quarter, insiders sold 305,465 shares of company stock valued at $6,279,577. 6.99% of the stock is currently owned by corporate insiders.

A number of brokerages have recently issued reports on XOXO. ValuEngine upgraded XO Group from a “buy” rating to a “strong-buy” rating in a report on Thursday, May 3rd. B. Riley upgraded XO Group from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $19.00 to $32.00 in a report on Thursday, May 3rd. TheStreet cut XO Group from a “b” rating to a “c+” rating in a report on Thursday, March 1st. Zacks Investment Research upgraded XO Group from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a report on Wednesday, March 7th. Finally, Aegis boosted their price objective on XO Group from $25.00 to $33.00 and gave the stock a “buy” rating in a report on Monday, May 7th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $27.13.

Shares of XOXO stock opened at $29.95 on Friday. The company has a market capitalization of $767.00 million, a P/E ratio of 77.03, a P/E/G ratio of 3.18 and a beta of 0.75. XO Group Inc. has a 1 year low of $29.35 and a 1 year high of $29.88.

XO Group (NYSE:XOXO) last issued its quarterly earnings results on Wednesday, May 2nd. The specialty retailer reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.11. The business had revenue of $38.31 million during the quarter, compared to analysts’ expectations of $37.57 million. XO Group had a return on equity of 7.46% and a net margin of 5.42%. research analysts predict that XO Group Inc. will post 0.62 EPS for the current year.

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.

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

Receive News & Ratings for XO Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XO Group and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply