Raymond James Financial Services Advisors Inc. Lowers Stock Holdings in Xponential Fitness, Inc. (NYSE:XPOF)

Raymond James Financial Services Advisors Inc. lowered its position in shares of Xponential Fitness, Inc. (NYSE:XPOFFree Report) by 14.7% in the third quarter, Holdings Channel.com reports. The fund owned 12,018 shares of the company’s stock after selling 2,064 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Xponential Fitness were worth $186,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Raymond James & Associates raised its holdings in shares of Xponential Fitness by 88.3% during the third quarter. Raymond James & Associates now owns 46,565 shares of the company’s stock valued at $722,000 after acquiring an additional 21,836 shares during the last quarter. Harbor Capital Advisors Inc. raised its holdings in shares of Xponential Fitness by 15.5% during the third quarter. Harbor Capital Advisors Inc. now owns 11,916 shares of the company’s stock valued at $185,000 after acquiring an additional 1,602 shares during the last quarter. Vontobel Holding Ltd. raised its holdings in shares of Xponential Fitness by 2.4% during the third quarter. Vontobel Holding Ltd. now owns 74,745 shares of the company’s stock valued at $1,159,000 after acquiring an additional 1,781 shares during the last quarter. Fulton Bank N.A. acquired a new position in shares of Xponential Fitness during the third quarter valued at approximately $211,000. Finally, California State Teachers Retirement System raised its holdings in shares of Xponential Fitness by 8.6% during the second quarter. California State Teachers Retirement System now owns 29,474 shares of the company’s stock valued at $508,000 after acquiring an additional 2,327 shares during the last quarter. Institutional investors and hedge funds own 52.97% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Piper Sandler reissued a “neutral” rating and set a $13.00 target price (down previously from $21.00) on shares of Xponential Fitness in a report on Wednesday, January 3rd. Bank of America cut Xponential Fitness from a “buy” rating to a “neutral” rating and cut their price target for the company from $35.00 to $16.00 in a report on Wednesday, November 1st. Stifel Nicolaus raised Xponential Fitness from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a report on Wednesday, December 13th. Raymond James cut their price target on Xponential Fitness from $40.00 to $31.00 and set a “strong-buy” rating for the company in a report on Wednesday, November 8th. Finally, Guggenheim cut their price target on Xponential Fitness from $30.00 to $25.00 and set a “buy” rating for the company in a report on Wednesday, November 15th. Three research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $26.11.

Get Our Latest Stock Analysis on Xponential Fitness

Xponential Fitness Stock Performance

Shares of Xponential Fitness stock opened at $11.08 on Thursday. The firm has a market capitalization of $525.82 million, a price-to-earnings ratio of -4.43, a PEG ratio of 0.25 and a beta of 1.03. Xponential Fitness, Inc. has a fifty-two week low of $8.30 and a fifty-two week high of $33.58. The stock has a 50 day moving average of $12.14 and a 200 day moving average of $15.67.

Xponential Fitness (NYSE:XPOFGet Free Report) last issued its quarterly earnings data on Tuesday, November 7th. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.03). The business had revenue of $80.44 million during the quarter, compared to analysts’ expectations of $74.17 million. Xponential Fitness had a negative return on equity of 17.66% and a net margin of 1.59%. The company’s revenue was up 26.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.10 earnings per share. Analysts forecast that Xponential Fitness, Inc. will post 0.24 EPS for the current year.

Xponential Fitness Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding XPOF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xponential Fitness, Inc. (NYSE:XPOFFree Report).

Institutional Ownership by Quarter for Xponential Fitness (NYSE:XPOF)

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