Legal & General Group Plc Sells 17,514 Shares of Xponential Fitness, Inc. (NYSE:XPOF)

Legal & General Group Plc decreased its position in shares of Xponential Fitness, Inc. (NYSE:XPOF) by 87.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,628 shares of the company’s stock after selling 17,514 shares during the quarter. Legal & General Group Plc’s holdings in Xponential Fitness were worth $35,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in XPOF. AlphaQuest LLC boosted its holdings in Xponential Fitness by 335.9% in the 4th quarter. AlphaQuest LLC now owns 4,843 shares of the company’s stock worth $65,000 after buying an additional 3,732 shares during the period. Financial Management Professionals Inc. grew its position in shares of Xponential Fitness by 117.6% in the fourth 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 in the last quarter. Asset Planning Inc bought a new stake in shares of Xponential Fitness during the 4th quarter valued at $71,000. EntryPoint Capital LLC purchased a new stake in Xponential Fitness during the 4th quarter worth about $177,000. Finally, SG Americas Securities LLC boosted its stake in Xponential Fitness by 56.4% in the 4th quarter. SG Americas Securities LLC now owns 13,489 shares of the company’s stock worth $181,000 after purchasing an additional 4,862 shares during the period. Hedge funds and other institutional investors own 58.55% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Lake Street Capital cut their price objective on shares of Xponential Fitness from $20.00 to $16.00 and set a “buy” rating for the company in a research report on Friday, March 14th. Northland Securities assumed coverage on shares of Xponential Fitness in a report on Thursday, January 23rd. They issued a “market perform” rating and a $17.50 price target for the company. Northland Capmk raised shares of Xponential Fitness to a “hold” rating in a report on Thursday, January 23rd. Stifel Nicolaus cut Xponential Fitness from a “buy” rating to a “hold” rating and reduced their target price for the stock from $20.00 to $12.00 in a research report on Friday, March 14th. Finally, B. Riley lowered their price target on Xponential Fitness from $12.00 to $9.00 and set a “neutral” rating on the stock in a report on Friday, March 14th. Six investment analysts have rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Xponential Fitness has a consensus rating of “Moderate Buy” and a consensus target price of $15.28.

Xponential Fitness Trading Down 1.0 %

NYSE XPOF opened at $8.29 on Friday. The stock has a 50-day moving average of $9.17 and a 200-day moving average of $12.93. Xponential Fitness, Inc. has a 1-year low of $6.64 and a 1-year high of $18.95. The firm has a market cap of $401.69 million, a PE ratio of -7.14 and a beta of 1.57.

Xponential Fitness (NYSE:XPOF) last issued its earnings results on Thursday, March 13th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.63). Xponential Fitness had a negative return on equity of 4.37% and a negative net margin of 9.15%. The firm had revenue of $83.22 million during the quarter, compared to the consensus estimate of $81.12 million. During the same quarter in the prior year, the business posted $0.08 EPS. The firm’s revenue for the quarter was down 6.8% on a year-over-year basis. As a group, equities research analysts forecast that Xponential Fitness, Inc. will post 0.61 earnings per share for the current fiscal year.

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.