Nomura Holdings Inc. Acquires Shares of 59,005 Xponential Fitness, Inc. (NYSE:XPOF)

Nomura Holdings Inc. acquired a new position in shares of Xponential Fitness, Inc. (NYSE:XPOF - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 59,005 shares of the company's stock, valued at approximately $794,000. Nomura Holdings Inc. owned 0.12% of Xponential Fitness as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. AlphaQuest LLC raised its holdings in shares of Xponential Fitness by 335.9% in the 4th quarter. AlphaQuest LLC now owns 4,843 shares of the company's stock worth $65,000 after acquiring an additional 3,732 shares during the last quarter. Financial Management Professionals Inc. grew its holdings 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 buying an additional 2,714 shares during the last quarter. Asset Planning Inc purchased a new stake in shares of Xponential Fitness during the fourth quarter valued at approximately $71,000. Mariner LLC purchased a new stake in Xponential Fitness in the fourth quarter worth approximately $163,000. Finally, EntryPoint Capital LLC bought a new position in Xponential Fitness in the fourth quarter worth approximately $177,000. 58.55% of the stock is currently owned by institutional investors and hedge funds.

Xponential Fitness Stock Performance

Shares of XPOF stock remained flat at $8.40 on Friday. The stock had a trading volume of 293,684 shares, compared to its average volume of 616,553. Xponential Fitness, Inc. has a 12 month low of $6.64 and a 12 month high of $18.95. The company's fifty day moving average price is $8.11 and its 200-day moving average price is $12.51. The stock has a market cap of $408.79 million, a price-to-earnings ratio of -7.24 and a beta of 1.57.

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

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Stifel Nicolaus downgraded shares of Xponential Fitness from a "buy" rating to a "hold" rating and reduced their price target for the company from $20.00 to $12.00 in a report on Friday, March 14th. B. Riley decreased their price objective 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. Guggenheim reissued a "buy" rating and issued a $13.00 price target on shares of Xponential Fitness in a research note on Monday, May 12th. Wall Street Zen upgraded shares of Xponential Fitness from a "hold" rating to a "buy" rating in a report on Thursday. Finally, Lake Street Capital reduced their price target on shares of Xponential Fitness from $20.00 to $16.00 and set a "buy" 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 issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $13.94.

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.