Corient Private Wealth LLC Acquires 60,407 Shares of Xponential Fitness, Inc. (NYSE:XPOF)

Corient Private Wealth LLC boosted its holdings in shares of Xponential Fitness, Inc. (NYSE:XPOF - Free Report) by 94.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 124,254 shares of the company's stock after buying an additional 60,407 shares during the quarter. Corient Private Wealth LLC owned about 0.26% of Xponential Fitness worth $1,671,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. State Street Corp lifted its position in Xponential Fitness by 0.4% during the 3rd quarter. State Street Corp now owns 541,092 shares of the company's stock worth $6,710,000 after acquiring an additional 1,977 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Xponential Fitness by 1.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 195,380 shares of the company's stock worth $2,423,000 after purchasing an additional 2,670 shares during the last quarter. Financial Management Professionals Inc. boosted its stake in Xponential Fitness by 117.6% during the 4th quarter. Financial Management Professionals Inc. now owns 5,021 shares of the company's stock valued at $68,000 after purchasing an additional 2,714 shares during the period. SkyView Investment Advisors LLC grew its holdings in Xponential Fitness by 23.3% in the 3rd quarter. SkyView Investment Advisors LLC now owns 18,500 shares of the company's stock valued at $229,000 after buying an additional 3,500 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in Xponential Fitness by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 538,436 shares of the company's stock worth $6,678,000 after buying an additional 3,658 shares during the period. 58.55% of the stock is currently owned by institutional investors.

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Xponential Fitness Stock Performance

Shares of NYSE:XPOF traded down $0.76 on Friday, hitting $7.73. The stock had a trading volume of 841,794 shares, compared to its average volume of 644,999. The firm's 50 day moving average price is $14.05 and its 200-day moving average price is $13.88. Xponential Fitness, Inc. has a twelve month low of $7.22 and a twelve month high of $18.95. The company has a market capitalization of $374.54 million, a price-to-earnings ratio of -6.66 and a beta of 1.38.

Xponential Fitness (NYSE:XPOF - Get Free Report) last released its earnings results on Thursday, March 13th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of $0.44 by ($0.63). Xponential Fitness had a negative net margin of 9.15% and a negative return on equity of 4.37%. The firm had revenue of $83.22 million during the quarter, compared to analyst estimates of $81.12 million. During the same period last year, the business posted $0.08 earnings per share. The firm's quarterly revenue was down 6.8% on a year-over-year basis. As a group, sell-side analysts predict that Xponential Fitness, Inc. will post 0.61 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on XPOF shares. Northland Capmk raised shares of Xponential Fitness to a "hold" rating in a research report on Thursday, January 23rd. Piper Sandler cut their price objective on shares of Xponential Fitness from $16.00 to $9.00 and set a "neutral" rating for the company in a research report on Friday, March 14th. B. Riley decreased their target price on Xponential Fitness from $12.00 to $9.00 and set a "neutral" rating on the stock in a research report on Friday, March 14th. Lake Street Capital cut their price target on Xponential Fitness from $20.00 to $16.00 and set a "buy" rating for the company in a report on Friday, March 14th. Finally, Northland Securities initiated coverage on Xponential Fitness in a research report on Thursday, January 23rd. They issued a "market perform" rating and a $17.50 price objective for the company. Six analysts have rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $15.28.

Xponential Fitness Company Profile

Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisor in North America. It offers pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training, and yoga services under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands.