Barclays PLC Boosts Stake in Xponential Fitness, Inc. (NYSE:XPOF)

Barclays PLC raised its position in Xponential Fitness, Inc. (NYSE:XPOF - Free Report) by 101.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 79,645 shares of the company's stock after purchasing an additional 40,024 shares during the period. Barclays PLC owned 0.16% of Xponential Fitness worth $1,071,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Geode Capital Management LLC increased its holdings in shares of Xponential Fitness by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 539,904 shares of the company's stock valued at $7,263,000 after acquiring an additional 1,468 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of Xponential Fitness by 10.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 281,480 shares of the company's stock valued at $3,786,000 after acquiring an additional 25,740 shares in the last quarter. Clark Estates Inc. NY bought a new stake in shares of Xponential Fitness during the fourth quarter valued at approximately $2,690,000. Charles Schwab Investment Management Inc. increased its holdings in shares of Xponential Fitness by 1.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 199,092 shares of the company's stock valued at $2,678,000 after acquiring an additional 3,712 shares in the last quarter. Finally, Renaissance Technologies LLC increased its holdings in shares of Xponential Fitness by 135.3% during the fourth quarter. Renaissance Technologies LLC now owns 174,100 shares of the company's stock valued at $2,342,000 after acquiring an additional 100,100 shares in the last quarter. Institutional investors and hedge funds own 58.55% of the company's stock.

Xponential Fitness Stock Performance

Shares of XPOF traded down $0.60 on Friday, reaching $8.10. The stock had a trading volume of 2,047,819 shares, compared to its average volume of 641,506. The firm has a market capitalization of $392.72 million, a price-to-earnings ratio of -6.98 and a beta of 1.57. The company has a 50-day simple moving average of $8.57 and a 200-day simple moving average of $12.76. Xponential Fitness, Inc. has a 12-month low of $6.64 and a 12-month high of $18.95.

Xponential Fitness (NYSE:XPOF - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported ($0.20) EPS for the quarter, missing analysts' consensus estimates of $0.15 by ($0.35). The firm had revenue of $76.88 million during the quarter, compared to analysts' expectations of $75.37 million. Xponential Fitness had a negative net margin of 9.15% and a negative return on equity of 4.37%. The company's revenue for the quarter was down 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.16 EPS. On average, analysts expect that Xponential Fitness, Inc. will post 0.61 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

XPOF has been the subject of several recent research reports. Lake Street Capital decreased their price target on Xponential Fitness from $20.00 to $16.00 and set a "buy" rating for the company in a report on Friday, March 14th. Northland Capmk upgraded Xponential Fitness to a "hold" rating in a report on Thursday, January 23rd. Piper Sandler decreased their price target on Xponential Fitness from $16.00 to $9.00 and set a "neutral" rating for the company in a report on Friday, March 14th. B. Riley decreased their price target on Xponential Fitness from $12.00 to $9.00 and set a "neutral" rating for the company in a report on Friday, March 14th. Finally, Stifel Nicolaus downgraded Xponential Fitness from a "buy" rating to a "hold" rating and decreased their price target for the stock from $20.00 to $12.00 in a report 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 issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $14.72.

About Xponential Fitness

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.