Corient Private Wealth LLC Raises Holdings in Xponential Fitness, Inc. (NYSE:XPOF)

Corient Private Wealth LLC increased its position in shares of Xponential Fitness, Inc. (NYSE:XPOF) by 94.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 124,254 shares of the company’s stock after buying an additional 60,407 shares during the period. 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 and hedge funds have also recently made changes to their positions in XPOF. AlphaQuest LLC increased its position in Xponential Fitness by 335.9% during the 4th quarter. AlphaQuest LLC now owns 4,843 shares of the company’s stock valued at $65,000 after purchasing an additional 3,732 shares during the period. Financial Management Professionals Inc. boosted its stake in shares of Xponential Fitness by 117.6% during 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 purchased a new position in Xponential Fitness during the fourth quarter valued at approximately $71,000. SG Americas Securities LLC raised its stake in Xponential Fitness by 56.4% in the fourth quarter. SG Americas Securities LLC now owns 13,489 shares of the company’s stock worth $181,000 after buying an additional 4,862 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new stake in Xponential Fitness during the fourth quarter worth $182,000. 58.55% of the stock is currently owned by institutional investors.

Xponential Fitness Price Performance

Shares of XPOF opened at $8.21 on Tuesday. The company’s fifty day moving average price is $14.50 and its 200-day moving average price is $13.99. Xponential Fitness, Inc. has a 1-year low of $7.22 and a 1-year high of $18.95. The firm has a market capitalization of $396.71 million, a PE ratio of -7.08 and a beta of 1.38.

Xponential Fitness (NYSE:XPOF) last posted its quarterly earnings results on Thursday, March 13th. The company reported ($0.19) earnings per share 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 for the quarter, compared to analysts’ expectations of $81.12 million. During the same quarter in the previous year, the firm posted $0.08 EPS. The firm’s revenue for the quarter was down 6.8% compared to the same quarter last year. As a group, research analysts anticipate that Xponential Fitness, Inc. will post 0.61 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on XPOF shares. Stifel Nicolaus downgraded Xponential Fitness from a “buy” rating to a “hold” rating and cut their price target for the company from $20.00 to $12.00 in a report on Friday, March 14th. Northland Capmk upgraded shares of Xponential Fitness to a “hold” rating in a report on Thursday, January 23rd. B. Riley lowered their price target on shares of Xponential Fitness from $12.00 to $9.00 and set a “neutral” rating on the stock in a report on Friday, March 14th. Northland Securities started coverage on shares of Xponential Fitness in a research report on Thursday, January 23rd. They issued a “market perform” rating and a $17.50 price objective on the stock. Finally, Piper Sandler lowered their target price on shares of Xponential Fitness from $16.00 to $9.00 and set a “neutral” rating for the company in a research note on Friday, March 14th. Six equities research 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 company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $15.28.

Xponential Fitness 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.