PCJ Investment Counsel Ltd. Takes Position in Xponential Fitness, Inc. (NYSE:XPOF)

PCJ Investment Counsel Ltd. bought a new position in Xponential Fitness, Inc. (NYSE:XPOF - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 163,000 shares of the company's stock, valued at approximately $2,192,000. PCJ Investment Counsel Ltd. owned about 0.34% of Xponential Fitness at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in XPOF. Wasatch Advisors LP increased its stake in Xponential Fitness by 96.2% during the third quarter. Wasatch Advisors LP now owns 1,152,972 shares of the company's stock worth $14,297,000 after acquiring an additional 565,451 shares during the last quarter. Verition Fund Management LLC increased its stake in Xponential Fitness by 276.5% during the third quarter. Verition Fund Management LLC now owns 692,729 shares of the company's stock worth $8,590,000 after acquiring an additional 508,715 shares during the last quarter. Rockefeller Capital Management L.P. bought a new stake in Xponential Fitness during the third quarter worth approximately $3,171,000. Clark Estates Inc. NY bought a new stake in Xponential Fitness during the fourth quarter worth approximately $2,690,000. Finally, Mutual of America Capital Management LLC bought a new stake in Xponential Fitness during the third quarter worth approximately $1,015,000. 58.55% of the stock is owned by institutional investors.

Xponential Fitness Stock Performance

Xponential Fitness stock traded up $0.57 during mid-day trading on Wednesday, reaching $12.09. 1,191,618 shares of the company were exchanged, compared to its average volume of 583,358. The business has a fifty day moving average of $15.46 and a 200 day moving average of $14.22. The firm has a market cap of $584.18 million, a P/E ratio of -10.43 and a beta of 1.38. Xponential Fitness, Inc. has a 12-month low of $7.40 and a 12-month high of $18.95.

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Analyst Upgrades and Downgrades

A number of research analysts have recently commented on XPOF shares. Northland Securities started coverage on Xponential Fitness in a research note on Thursday, January 23rd. They set a "market perform" rating and a $17.50 target price on the stock. Northland Capmk raised Xponential Fitness to a "hold" rating in a research note on Thursday, January 23rd. Finally, Piper Sandler upped their target price on Xponential Fitness from $12.00 to $16.00 and gave the company a "neutral" rating in a research note on Monday, January 6th. Six research analysts have rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, Xponential Fitness has an average rating of "Moderate Buy" and a consensus price target of $17.22.

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.