Marshall Wace LLP Acquires 544,382 Shares of Xponential Fitness, Inc. (NYSE:XPOF)

Marshall Wace LLP increased its position in Xponential Fitness, Inc. (NYSE:XPOF - Free Report) by 564.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 640,769 shares of the company's stock after acquiring an additional 544,382 shares during the period. Marshall Wace LLP owned approximately 1.33% of Xponential Fitness worth $8,618,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in XPOF. Geode Capital Management LLC raised its position in shares of Xponential Fitness by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 539,904 shares of the company's stock worth $7,263,000 after buying an additional 1,468 shares in the last quarter. State Street Corp lifted its stake in Xponential Fitness by 0.4% during the third quarter. State Street Corp now owns 541,092 shares of the company's stock valued at $6,710,000 after buying an additional 1,977 shares in the last quarter. Financial Management Professionals Inc. boosted its stake in Xponential Fitness by 117.6% in the 4th quarter. Financial Management Professionals Inc. now owns 5,021 shares of the company's stock worth $68,000 after purchasing an additional 2,714 shares during the period. SkyView Investment Advisors LLC grew its holdings in shares of Xponential Fitness by 23.3% during the third 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 in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Xponential Fitness by 1.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 199,092 shares of the company's stock valued at $2,678,000 after purchasing an additional 3,712 shares during the period. Institutional investors own 58.55% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on XPOF. Lake Street Capital cut their price objective on Xponential Fitness from $20.00 to $16.00 and set a "buy" rating for the company in a report on Friday, March 14th. Northland Capmk raised shares of Xponential Fitness to a "hold" rating in a research report on Thursday, January 23rd. Piper Sandler reduced their price objective on Xponential Fitness from $16.00 to $9.00 and set a "neutral" rating for the company in a research report on Friday, March 14th. 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. Finally, B. Riley lowered their target price on shares of Xponential Fitness from $12.00 to $9.00 and set a "neutral" rating on the stock in a research note on Friday, March 14th. Six equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Xponential Fitness currently has a consensus rating of "Moderate Buy" and an average target price of $15.28.

Xponential Fitness Trading Up 1.0 %

NYSE XPOF traded up $0.08 on Friday, hitting $7.81. 406,006 shares of the company were exchanged, compared to its average volume of 651,630. The company has a market cap of $378.66 million, a P/E ratio of -6.73 and a beta of 1.57. Xponential Fitness, Inc. has a 1-year low of $6.64 and a 1-year high of $18.95. The firm has a 50 day moving average of $9.78 and a two-hundred day moving average of $13.03.

Xponential Fitness (NYSE:XPOF - Get Free Report) last released its quarterly 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 company had revenue of $83.22 million for the quarter, compared to the consensus estimate of $81.12 million. During the same period last year, the company earned $0.08 earnings per share. Xponential Fitness's revenue for the quarter was down 6.8% compared to the same quarter last year. Research analysts anticipate that Xponential Fitness, Inc. will post 0.61 EPS for the current fiscal year.

About Xponential Fitness

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.