Xponential Fitness, Inc. (NYSE:XPOF) Shares Sold by Nuveen Asset Management LLC

Nuveen Asset Management LLC reduced its stake in shares of Xponential Fitness, Inc. (NYSE:XPOF - Free Report) by 29.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 71,943 shares of the company's stock after selling 30,102 shares during the period. Nuveen Asset Management LLC owned approximately 0.15% of Xponential Fitness worth $968,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in XPOF. Deutsche Bank AG raised its holdings in shares of Xponential Fitness by 3.0% during the fourth quarter. Deutsche Bank AG now owns 287,892 shares of the company's stock worth $3,872,000 after purchasing an additional 8,267 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new stake in Xponential Fitness during the 4th quarter worth about $254,000. Bayesian Capital Management LP purchased a new position in shares of Xponential Fitness during the 4th quarter valued at about $237,000. BNP Paribas Financial Markets acquired a new position in shares of Xponential Fitness in the 4th quarter valued at $1,284,000. Finally, Ameriprise Financial Inc. raised its position in shares of Xponential Fitness by 5.7% in the fourth quarter. Ameriprise Financial Inc. now owns 1,711,592 shares of the company's stock worth $23,021,000 after acquiring an additional 92,477 shares during the period. 58.55% of the stock is currently owned by institutional investors and hedge funds.

Xponential Fitness Stock Up 0.3%

NYSE XPOF traded up $0.03 on Friday, hitting $9.52. 315,215 shares of the stock were exchanged, compared to its average volume of 606,100. Xponential Fitness, Inc. has a fifty-two week low of $6.64 and a fifty-two week high of $18.95. The company has a market cap of $463.29 million, a PE ratio of -8.21 and a beta of 1.56. The company has a 50-day moving average price of $8.29 and a 200-day moving average price of $12.08.

Xponential Fitness (NYSE:XPOF - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.20) EPS 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 firm had revenue of $76.88 million for the quarter, compared to analyst estimates of $75.37 million. During the same quarter last year, the firm earned $0.16 EPS. The company's revenue was down 3.4% on a year-over-year basis. As a group, equities research analysts predict that Xponential Fitness, Inc. will post 0.61 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on XPOF shares. Wall Street Zen raised shares of Xponential Fitness from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd. Lake Street Capital reduced their price objective on shares of Xponential Fitness from $20.00 to $16.00 and set a "buy" rating on the stock in a report on Friday, March 14th. Piper Sandler reduced their price target on shares of Xponential Fitness from $16.00 to $9.00 and set a "neutral" rating on the stock in a research note on Friday, March 14th. Stifel Nicolaus downgraded shares of Xponential Fitness from a "buy" rating to a "hold" rating and cut their target price for the stock from $20.00 to $12.00 in a research note on Friday, March 14th. Finally, Guggenheim reaffirmed a "buy" rating and set a $13.00 target price on shares of Xponential Fitness in a research note on Monday, May 12th. 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's stock. According to data from MarketBeat.com, Xponential Fitness presently has an average rating of "Moderate Buy" and an average 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.