Nuveen Asset Management LLC Sells 30,102 Shares of Xponential Fitness, Inc. (NYSE:XPOF)

Nuveen Asset Management LLC lessened its position in Xponential Fitness, Inc. (NYSE:XPOF - Free Report) by 29.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 71,943 shares of the company's stock after selling 30,102 shares during the period. Nuveen Asset Management LLC owned about 0.15% of Xponential Fitness worth $968,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Deutsche Bank AG lifted its position in shares of Xponential Fitness by 3.0% in the fourth quarter. Deutsche Bank AG now owns 287,892 shares of the company's stock valued at $3,872,000 after buying an additional 8,267 shares during the last quarter. Cubist Systematic Strategies LLC bought a new stake in Xponential Fitness in the 4th quarter valued at $254,000. Bayesian Capital Management LP acquired a new stake in Xponential Fitness during the 4th quarter valued at $237,000. BNP Paribas Financial Markets bought a new position in Xponential Fitness during the fourth quarter worth $1,284,000. Finally, Ameriprise Financial Inc. boosted its position in Xponential Fitness by 5.7% during the fourth quarter. Ameriprise Financial Inc. now owns 1,711,592 shares of the company's stock worth $23,021,000 after purchasing an additional 92,477 shares during the period. Institutional investors own 58.55% of the company's stock.

Xponential Fitness Price Performance

NYSE:XPOF traded up $0.03 during trading hours on Friday, reaching $9.52. 315,215 shares of the company were exchanged, compared to its average volume of 610,079. The company has a market capitalization of $463.29 million, a P/E ratio of -8.21 and a beta of 1.56. Xponential Fitness, Inc. has a 1-year low of $6.64 and a 1-year high of $18.95. The business has a 50 day moving average of $8.26 and a 200 day moving average of $12.15.

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 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 company posted $0.16 earnings per share. The business's revenue was down 3.4% compared to the same quarter last year. As a group, equities research analysts anticipate that Xponential Fitness, Inc. will post 0.61 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on XPOF. Wall Street Zen raised shares of Xponential Fitness from a "hold" rating to a "buy" rating in a research report on Thursday, May 22nd. B. Riley lowered their price target 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 restated a "buy" rating and set a $13.00 price objective on shares of Xponential Fitness in a report on Monday, May 12th. Stifel Nicolaus downgraded Xponential Fitness from a "buy" rating to a "hold" rating and decreased their target price for the company from $20.00 to $12.00 in a research report on Friday, March 14th. Finally, Piper Sandler dropped 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. Six equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Xponential Fitness has an average rating of "Moderate Buy" and an average target price of $13.94.

Xponential Fitness 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.