Arizona State Retirement System trimmed its position in shares of XO Group, Inc. Common Stock (NYSE:XOXO) by 6.9% in the second quarter, HoldingsChannel reports. The firm owned 35,464 shares of the specialty retailer’s stock after selling 2,639 shares during the period. Arizona State Retirement System’s holdings in XO Group, Inc. Common Stock were worth $1,135,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Advisors Preferred LLC acquired a new stake in XO Group, Inc. Common Stock during the 2nd quarter valued at $178,000. Piedmont Investment Advisors LLC bought a new position in XO Group, Inc. Common Stock during the 2nd quarter valued at $182,000. SG Americas Securities LLC bought a new position in XO Group, Inc. Common Stock during the 2nd quarter valued at $245,000. Trexquant Investment LP bought a new position in XO Group, Inc. Common Stock during the 1st quarter valued at $205,000. Finally, Aperio Group LLC bought a new position in XO Group, Inc. Common Stock during the 2nd quarter valued at $338,000. 88.70% of the stock is owned by institutional investors and hedge funds.

NYSE XOXO opened at $28.72 on Thursday. XO Group, Inc. Common Stock has a 12 month low of $17.49 and a 12 month high of $35.83. The firm has a market cap of $749.71 million, a price-to-earnings ratio of 73.03, a P/E/G ratio of 2.95 and a beta of 0.89.

XO Group, Inc. Common Stock (NYSE:XOXO) last posted its quarterly earnings data on Tuesday, July 31st. The specialty retailer reported $0.19 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.19. XO Group, Inc. Common Stock had a net margin of 7.73% and a return on equity of 8.57%. The firm had revenue of $43.15 million for the quarter, compared to the consensus estimate of $42.85 million. equities research analysts predict that XO Group, Inc. Common Stock will post 0.65 earnings per share for the current fiscal year.

A number of research analysts have commented on the stock. Zacks Investment Research upgraded shares of XO Group, Inc. Common Stock from a “hold” rating to a “buy” rating and set a $31.00 price objective on the stock in a research note on Friday, August 3rd. Roth Capital reduced their price objective on shares of XO Group, Inc. Common Stock from $29.00 to $26.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 31st. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $30.50.

XO Group, Inc. Common Stock Company 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.

See Also: Index Funds

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Institutional Ownership by Quarter for XO Group, Inc. Common Stock (NYSE:XOXO)

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