XO Group, Inc. (XOXO) Stake Held by Martingale Asset Management L P

Martingale Asset Management L P continued to hold its stake in shares of XO Group, Inc. (NYSE:XOXO) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 103,511 shares of the specialty retailer’s stock at the end of the 2nd quarter. Martingale Asset Management L P owned 0.41% of XO Group worth $1,824,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Principal Financial Group Inc. lifted its stake in XO Group by 3.0% during the first quarter. Principal Financial Group Inc. now owns 193,030 shares of the specialty retailer’s stock worth $3,322,000 after purchasing an additional 5,539 shares during the last quarter. Credit Suisse AG lifted its stake in XO Group by 3.8% during the first quarter. Credit Suisse AG now owns 35,903 shares of the specialty retailer’s stock worth $617,000 after purchasing an additional 1,325 shares during the last quarter. Parametric Portfolio Associates LLC lifted its stake in XO Group by 3.5% during the first quarter. Parametric Portfolio Associates LLC now owns 47,376 shares of the specialty retailer’s stock worth $815,000 after purchasing an additional 1,607 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in XO Group by 300.6% during the second quarter. Russell Investments Group Ltd. now owns 45,718 shares of the specialty retailer’s stock worth $806,000 after purchasing an additional 34,306 shares during the last quarter. Finally, Comerica Bank lifted its stake in XO Group by 3.3% during the first quarter. Comerica Bank now owns 27,415 shares of the specialty retailer’s stock worth $485,000 after purchasing an additional 876 shares during the last quarter. 83.62% of the stock is owned by hedge funds and other institutional investors.

Several brokerages have issued reports on XOXO. B. Riley reaffirmed a “neutral” rating and set a $16.75 price target on shares of XO Group in a research note on Tuesday, August 1st. BidaskClub raised XO Group from a “hold” rating to a “buy” rating in a research note on Friday, August 11th. Roth Capital set a $21.00 price target on XO Group and gave the stock a “buy” rating in a research note on Tuesday, August 1st. ValuEngine raised XO Group from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. Finally, Zacks Investment Research lowered XO Group from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $20.15.

XO Group, Inc. (NYSE:XOXO) opened at 19.19 on Thursday. The stock has a market cap of $478.94 million, a P/E ratio of 68.54 and a beta of 0.96. The stock has a 50 day moving average price of $18.45 and a 200 day moving average price of $17.61. XO Group, Inc. has a 12-month low of $14.99 and a 12-month high of $20.99.

XO Group (NYSE:XOXO) last released its quarterly earnings data on Monday, July 31st. The specialty retailer reported $0.11 EPS for the quarter, meeting the consensus estimate of $0.11. XO Group had a net margin of 4.55% and a return on equity of 4.71%. The business had revenue of $42.20 million during the quarter, compared to the consensus estimate of $41.51 million. During the same quarter in the prior year, the firm earned $0.14 EPS. The business’s revenue was up 9.0% on a year-over-year basis. On average, analysts forecast that XO Group, Inc. will post $0.33 earnings per share for the current fiscal year.

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XO Group Profile

XO Group Inc is engaged in providing content and marketing solutions, targeted advertising programs, transactions and merchandise. The Company’s multi-platform brands guide couples through transformative life stages from getting married with The Knot, to moving in together with The Nest, to having a baby with The Bump, and helping bring celebrations to life with entertainment vendors from GigMasters.com Incorporated (GigMasters).

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

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