Citadel Advisors LLC Buys 45,330 Shares of XO Group, Inc. (XOXO)
Citadel Advisors LLC grew its stake in XO Group, Inc. (NYSE:XOXO) by 161.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 73,423 shares of the specialty retailer’s stock after acquiring an additional 45,330 shares during the quarter. Citadel Advisors LLC owned about 0.29% of XO Group worth $1,293,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently modified their holdings of XOXO. Vanguard Group Inc. increased its holdings in shares of XO Group by 5.8% during the 2nd quarter. Vanguard Group Inc. now owns 1,474,477 shares of the specialty retailer’s stock worth $25,981,000 after buying an additional 81,288 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of XO Group by 2.1% during the 2nd quarter. Renaissance Technologies LLC now owns 1,473,300 shares of the specialty retailer’s stock valued at $25,960,000 after buying an additional 30,800 shares during the period. Dimensional Fund Advisors LP raised its position in shares of XO Group by 3.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,208,092 shares of the specialty retailer’s stock valued at $20,791,000 after buying an additional 45,559 shares during the period. Clearbridge Investments LLC raised its position in shares of XO Group by 0.8% during the 1st quarter. Clearbridge Investments LLC now owns 908,761 shares of the specialty retailer’s stock valued at $15,640,000 after buying an additional 7,367 shares during the period. Finally, Northern Trust Corp raised its position in shares of XO Group by 3.5% during the 2nd quarter. Northern Trust Corp now owns 360,337 shares of the specialty retailer’s stock valued at $6,349,000 after buying an additional 12,236 shares during the period. 83.62% of the stock is owned by institutional investors and hedge funds.
Several brokerages recently weighed in on XOXO. BidaskClub lowered XO Group from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. ValuEngine raised XO Group from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. B. Riley restated a “neutral” rating and issued a $16.75 target price on shares of XO Group in a research report on Sunday, August 6th. Zacks Investment Research downgraded XO Group from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. Finally, Roth Capital set a $21.00 price target on XO Group and gave the company a “buy” rating in a research note on Tuesday, August 1st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. XO Group presently has a consensus rating of “Buy” and an average price target of $20.15.
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XO Group, Inc. (NYSE XOXO) opened at 20.51 on Wednesday. The stock has a market cap of $511.89 million, a price-to-earnings ratio of 73.25 and a beta of 0.96. The stock has a 50 day moving average of $18.79 and a 200 day moving average of $17.78. XO Group, Inc. has a 1-year low of $14.99 and a 1-year 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, hitting analysts’ consensus estimates of $0.11. The business had revenue of $42.20 million during the quarter, compared to the consensus estimate of $41.51 million. XO Group had a return on equity of 4.71% and a net margin of 4.55%. The business’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.14 EPS. Equities analysts expect that XO Group, Inc. will post $0.33 earnings per share for the current year.
About XO Group
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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