95,441 Shares in Xponential Fitness, Inc. (NYSE:XPOF) Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets acquired a new position in shares of Xponential Fitness, Inc. (NYSE:XPOF - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 95,441 shares of the company's stock, valued at approximately $1,284,000. BNP Paribas Financial Markets owned 0.20% of Xponential Fitness at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in XPOF. Skylands Capital LLC raised its holdings in Xponential Fitness by 80.1% during the fourth quarter. Skylands Capital LLC now owns 95,458 shares of the company's stock worth $1,284,000 after purchasing an additional 42,458 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Xponential Fitness by 380.9% in the fourth quarter. JPMorgan Chase & Co. now owns 57,034 shares of the company's stock valued at $767,000 after buying an additional 45,173 shares in the last quarter. Mutual of America Capital Management LLC raised its stake in shares of Xponential Fitness by 67.0% during the 4th quarter. Mutual of America Capital Management LLC now owns 136,633 shares of the company's stock worth $1,838,000 after buying an additional 54,817 shares during the last quarter. Nut Tree Capital Management LP boosted its position in shares of Xponential Fitness by 5.0% in the 4th quarter. Nut Tree Capital Management LP now owns 3,151,722 shares of the company's stock worth $42,391,000 after buying an additional 150,000 shares in the last quarter. Finally, Renaissance Technologies LLC grew its stake in Xponential Fitness by 135.3% in the 4th 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 during the last quarter. Hedge funds and other institutional investors own 58.55% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Wall Street Zen upgraded shares of Xponential Fitness from a "hold" rating to a "buy" rating in a research report on Thursday. Raymond James dropped their price objective on shares of Xponential Fitness from $16.00 to $15.00 and set a "strong-buy" rating for the company in a research note on Friday, May 9th. Lake Street Capital reduced their target price on Xponential Fitness from $20.00 to $16.00 and set a "buy" rating on the stock in a research note on Friday, March 14th. Guggenheim reiterated a "buy" rating and set a $13.00 target price on shares of Xponential Fitness in a report on Monday, May 12th. Finally, B. Riley dropped their price target on Xponential Fitness from $12.00 to $9.00 and set a "neutral" rating for the company in a research report on Friday, March 14th. Six research analysts have rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $13.94.

Xponential Fitness Stock Performance

XPOF remained flat at $8.40 during trading on Friday. The company's stock had a trading volume of 293,684 shares, compared to its average volume of 616,553. Xponential Fitness, Inc. has a 52 week low of $6.64 and a 52 week high of $18.95. The stock has a market cap of $408.79 million, a PE ratio of -7.24 and a beta of 1.57. The business has a fifty day simple moving average of $8.11 and a 200 day simple moving average of $12.51.

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

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.