Clark Estates Inc. NY Cuts Stake in Xponential Fitness, Inc. (NYSE:XPOF)

Clark Estates Inc. NY lessened its holdings in shares of Xponential Fitness, Inc. (NYSE:XPOF - Free Report) by 27.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 144,736 shares of the company's stock after selling 55,264 shares during the period. Clark Estates Inc. NY owned 0.30% of Xponential Fitness worth $1,206,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of XPOF. Skylands Capital LLC boosted its position in shares of Xponential Fitness by 72.3% during the first quarter. Skylands Capital LLC now owns 164,500 shares of the company's stock valued at $1,370,000 after buying an additional 69,042 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Xponential Fitness by 380.9% during the 4th quarter. JPMorgan Chase & Co. now owns 57,034 shares of the company's stock valued at $767,000 after acquiring an additional 45,173 shares during the period. Nomura Holdings Inc. purchased a new stake in shares of Xponential Fitness during the 4th quarter valued at about $794,000. Nut Tree Capital Management LP grew its stake in shares of Xponential Fitness by 5.0% in the fourth quarter. Nut Tree Capital Management LP now owns 3,151,722 shares of the company's stock worth $42,391,000 after acquiring an additional 150,000 shares during the period. Finally, Renaissance Technologies LLC grew its stake in shares of Xponential Fitness by 135.3% in the fourth quarter. Renaissance Technologies LLC now owns 174,100 shares of the company's stock worth $2,342,000 after acquiring an additional 100,100 shares during the period. 58.55% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on XPOF. Guggenheim reiterated a "buy" rating and set a $13.00 target price on shares of Xponential Fitness in a research note on Monday, May 12th. Raymond James Financial dropped their target price on Xponential Fitness from $16.00 to $15.00 and set a "strong-buy" rating on the stock in a research report on Friday, May 9th. Finally, Wall Street Zen raised shares of Xponential Fitness from a "hold" rating to a "buy" rating in a research report on Thursday, May 22nd. Six research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $13.94.

Xponential Fitness Price Performance

Shares of NYSE XPOF traded down $0.19 during midday trading on Friday, reaching $10.27. 826,011 shares of the stock traded hands, compared to its average volume of 618,731. The company's 50 day moving average is $9.32 and its 200 day moving average is $10.67. Xponential Fitness, Inc. has a one year low of $6.64 and a one year high of $18.87. The stock has a market capitalization of $499.84 million, a PE ratio of -5.03 and a beta of 1.50.

Xponential Fitness (NYSE:XPOF - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported ($0.20) EPS for the quarter, missing analysts' consensus estimates of $0.15 by ($0.35). The business had revenue of $76.88 million for the quarter, compared to analyst estimates of $75.37 million. During the same period in the prior year, the firm earned $0.16 earnings per share. The firm's quarterly revenue was down 3.4% on a year-over-year basis. As a group, equities analysts forecast that Xponential Fitness, Inc. will post 0.61 EPS for the current 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.