Wells Fargo & Company MN decreased its holdings in shares of XO Group, Inc. (NYSE:XOXO) by 22.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 57,021 shares of the specialty retailer’s stock after selling 16,530 shares during the period. Wells Fargo & Company MN owned about 0.23% of XO Group worth $1,005,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Arizona State Retirement System grew its position in shares of XO Group by 0.8% during the first quarter. Arizona State Retirement System now owns 12,895 shares of the specialty retailer’s stock worth $222,000 after acquiring an additional 100 shares during the last quarter. Thrivent Financial For Lutherans grew its position in shares of XO Group by 3.1% during the first quarter. Thrivent Financial For Lutherans now owns 13,830 shares of the specialty retailer’s stock worth $238,000 after acquiring an additional 410 shares during the last quarter. First Midwest Bank Trust Division grew its position in shares of XO Group by 3.3% during the second quarter. First Midwest Bank Trust Division now owns 22,352 shares of the specialty retailer’s stock worth $394,000 after acquiring an additional 722 shares during the last quarter. Municipal Employees Retirement System of Michigan grew its position in shares of XO Group by 3.9% during the second quarter. Municipal Employees Retirement System of Michigan now owns 28,780 shares of the specialty retailer’s stock worth $507,000 after acquiring an additional 1,090 shares during the last quarter. Finally, Prudential Financial Inc. grew its position in shares of XO Group by 1.5% during the second quarter. Prudential Financial Inc. now owns 84,958 shares of the specialty retailer’s stock worth $1,497,000 after acquiring an additional 1,250 shares during the last quarter. Hedge funds and other institutional investors own 83.31% of the company’s stock.

XOXO has been the subject of a number of recent analyst reports. BidaskClub lowered shares of XO Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 25th. Roth Capital reiterated a “neutral” rating and issued a $20.50 target price on shares of XO Group in a research report on Thursday, October 12th. Zacks Investment Research upgraded shares of XO Group from a “sell” rating to a “hold” rating in a research report on Wednesday, October 18th. B. Riley increased their target price on shares of XO Group from $16.75 to $19.00 and gave the company a “neutral” rating in a research report on Wednesday. Finally, ValuEngine upgraded shares of XO Group from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $20.50.

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XO Group, Inc. (NYSE XOXO) opened at $19.21 on Friday. The stock has a market cap of $500.64, a PE ratio of 52.65, a PEG ratio of 3.75 and a beta of 0.94.

XO Group (NYSE:XOXO) last announced its earnings results on Tuesday, October 31st. The specialty retailer reported $0.13 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.02. XO Group had a net margin of 5.35% and a return on equity of 5.55%. The firm had revenue of $40.24 million during the quarter, compared to analyst estimates of $40.58 million. During the same quarter in the prior year, the firm posted $0.07 EPS. XO Group’s revenue was up 9.5% compared to the same quarter last year. sell-side analysts anticipate that XO Group, Inc. will post 0.35 earnings per share for the current year.

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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