XO Group (XOXO) Lifted to Buy at ValuEngine

XO Group (NYSE:XOXO) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Monday.

XOXO has been the topic of a number of other research reports. Zacks Investment Research cut shares of XO Group from a “hold” rating to a “sell” rating in a report on Saturday, December 9th. TheStreet cut shares of XO Group from a “b” rating to a “c+” rating in a research note on Thursday, March 1st. Finally, Aegis reiterated a “buy” rating and issued a $25.00 price target (up previously from $23.00) on shares of XO Group in a research note on Monday, March 5th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. XO Group has a consensus rating of “Buy” and a consensus target price of $21.88.

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Shares of XOXO stock traded down $0.25 during mid-day trading on Monday, reaching $20.50. 91,394 shares of the company’s stock traded hands, compared to its average volume of 128,032. XO Group has a 12 month low of $16.06 and a 12 month high of $22.54. The stock has a market cap of $533.41, a PE ratio of 52.56, a price-to-earnings-growth ratio of 2.49 and a beta of 0.77.

XO Group (NYSE:XOXO) last announced its earnings results on Thursday, March 1st. The specialty retailer reported $0.14 EPS for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.03. XO Group had a net margin of 3.45% and a return on equity of 5.76%. The firm had revenue of $42.33 million for the quarter, compared to analysts’ expectations of $41.41 million. equities research analysts expect that XO Group will post 0.56 earnings per share for the current year.

In related news, insider Iorio Nic Di sold 5,000 shares of the company’s stock in a transaction dated Wednesday, March 7th. The shares were sold at an average price of $20.62, for a total value of $103,100.00. Following the transaction, the insider now owns 168,127 shares in the company, valued at approximately $3,466,778.74. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director David Liu sold 275,465 shares of the company’s stock in a transaction dated Thursday, March 8th. The stock was sold at an average price of $20.38, for a total transaction of $5,613,976.70. Following the completion of the transaction, the director now owns 493,375 shares in the company, valued at approximately $10,054,982.50. The disclosure for this sale can be found here. Insiders own 6.80% of the company’s stock.

A number of institutional investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. boosted its stake in XO Group by 6.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 48,840 shares of the specialty retailer’s stock worth $960,000 after purchasing an additional 3,122 shares in the last quarter. Acadian Asset Management LLC boosted its stake in XO Group by 28.3% in the 4th quarter. Acadian Asset Management LLC now owns 19,102 shares of the specialty retailer’s stock worth $353,000 after purchasing an additional 4,208 shares in the last quarter. LS Investment Advisors LLC lifted its stake in XO Group by 643.0% during the 4th quarter. LS Investment Advisors LLC now owns 6,122 shares of the specialty retailer’s stock valued at $113,000 after acquiring an additional 5,298 shares during the period. OxFORD Asset Management LLP lifted its stake in XO Group by 4.0% during the 3rd quarter. OxFORD Asset Management LLP now owns 163,389 shares of the specialty retailer’s stock valued at $3,216,000 after acquiring an additional 6,275 shares during the period. Finally, Macquarie Group Ltd. bought a new position in XO Group during the 3rd quarter valued at about $132,000. Institutional investors own 85.43% of the company’s stock.

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XO Group Company 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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