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.
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.
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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