Stevens Capital Management LP Takes Position in XO Group, Inc. (XOXO)
Stevens Capital Management LP bought a new stake in shares of XO Group, Inc. (NYSE:XOXO) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 32,107 shares of the specialty retailer’s stock, valued at approximately $1,107,000. Stevens Capital Management LP owned approximately 0.12% of XO Group at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Mint Tower Capital Management B.V. acquired a new position in shares of XO Group during the 3rd quarter valued at $172,000. Advisors Preferred LLC acquired a new position in shares of XO Group during the 2nd quarter valued at $178,000. Piedmont Investment Advisors LLC acquired a new position in shares of XO Group during the 2nd quarter valued at $182,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of XO Group during the 3rd quarter valued at $203,000. Finally, Xact Kapitalforvaltning AB acquired a new position in shares of XO Group during the 3rd quarter valued at $210,000. Institutional investors and hedge funds own 88.07% of the company’s stock.
Shares of XOXO stock opened at $34.60 on Friday. XO Group, Inc. has a 12 month low of $17.49 and a 12 month high of $35.83. The firm has a market capitalization of $897.10 million, a price-to-earnings ratio of 88.72 and a beta of 0.71.
Several equities analysts recently weighed in on the stock. Zacks Investment Research lowered shares of XO Group from a “buy” rating to a “hold” rating in a report on Wednesday, November 7th. ValuEngine upgraded shares of XO Group from a “buy” rating to a “strong-buy” rating in a report on Wednesday, September 26th. B. Riley lowered shares of XO Group from a “buy” rating to a “neutral” rating and lifted their target price for the company from $32.00 to $35.00 in a report on Wednesday, September 26th. Finally, Aegis reiterated a “hold” rating and issued a $34.00 price objective on shares of XO Group in a report on Thursday, September 27th. Four investment analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $31.50.
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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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