First Midwest Bank Trust Division increased its stake in XO Group Inc. (NYSE:XOXO) by 46.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,283 shares of the company’s stock after buying an additional 6,799 shares during the period. First Midwest Bank Trust Division’s holdings in XO Group were worth $371,000 as of its most recent filing with the SEC.
Other large investors also recently modified their holdings of the company. BNP Paribas Arbitrage SA raised its position in XO Group by 132.2% in the second quarter. BNP Paribas Arbitrage SA now owns 7,455 shares of the company’s stock worth $130,000 after buying an additional 4,245 shares in the last quarter. Louisiana State Employees Retirement System raised its position in XO Group by 1.0% in the second quarter. Louisiana State Employees Retirement System now owns 10,600 shares of the company’s stock worth $185,000 after buying an additional 100 shares in the last quarter. Arizona State Retirement System raised its position in XO Group by 4.3% in the first quarter. Arizona State Retirement System now owns 12,095 shares of the company’s stock worth $194,000 after buying an additional 500 shares in the last quarter. Boothbay Fund Management LLC acquired a new position in XO Group during the first quarter worth $219,000. Finally, Bank of Montreal Can acquired a new position in XO Group during the second quarter worth $273,000. Institutional investors own 83.29% of the company’s stock.
XO Group Inc. (NYSE:XOXO) traded down 0.35% during mid-day trading on Thursday, hitting $19.70. 78,050 shares of the stock were exchanged. The company has a 50-day moving average of $18.95 and a 200-day moving average of $17.61. XO Group Inc. has a 52 week low of $13.64 and a 52 week high of $19.82. The stock has a market capitalization of $500.22 million, a PE ratio of 70.36 and a beta of 1.01.
XO Group (NYSE:XOXO) last announced its quarterly earnings data on Monday, August 1st. The company reported $0.14 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.01. The firm earned $38.70 million during the quarter, compared to analysts’ expectations of $39 million. XO Group had a net margin of 5.09% and a return on equity of 6.51%. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.13 earnings per share. On average, equities analysts predict that XO Group Inc. will post $0.49 EPS for the current fiscal year.
A number of research analysts have recently commented on the stock. B. Riley lowered shares of XO Group to a “neutral” rating and set a $19.50 price target for the company. in a research report on Tuesday, July 26th. Zacks Investment Research lowered shares of XO Group from a “buy” rating to a “hold” rating in a research report on Friday, August 5th. Finally, Axiom Securities restated a “buy” rating and set a $21.00 price target on shares of XO Group in a research report on Tuesday, August 2nd. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $20.50.
In related news, Director David Liu sold 3,300 shares of the firm’s stock in a transaction on Monday, September 19th. The shares were sold at an average price of $18.80, for a total transaction of $62,040.00. Following the completion of the transaction, the director now directly owns 508,872 shares of the company’s stock, valued at $9,566,793.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 5.60% of the stock is currently owned by insiders.
XO Group Company Profile
XO Group Inc is engaged in providing content and marketing solutions, targeted advertising programs, transactions and merchandise. The Company guides couples through transformative life stages from getting married, to moving in together and having a baby through its multi-platform brands, including The Knot, The Bump and The Nest.