Y Intercept Hong Kong Ltd Grows Stock Holdings in Xponential Fitness, Inc. (NYSE:XPOF)

Y Intercept Hong Kong Ltd boosted its holdings in shares of Xponential Fitness, Inc. (NYSE:XPOF - Free Report) by 282.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 51,751 shares of the company's stock after purchasing an additional 38,218 shares during the period. Y Intercept Hong Kong Ltd owned approximately 0.11% of Xponential Fitness worth $431,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Geode Capital Management LLC grew its position in Xponential Fitness by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 539,904 shares of the company's stock worth $7,263,000 after purchasing an additional 1,468 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Xponential Fitness in the fourth quarter valued at about $29,000. Point72 Asset Management L.P. purchased a new stake in shares of Xponential Fitness in the fourth quarter valued at about $46,000. Wells Fargo & Company MN boosted its holdings in shares of Xponential Fitness by 35.1% in the fourth quarter. Wells Fargo & Company MN now owns 14,860 shares of the company's stock valued at $200,000 after acquiring an additional 3,860 shares in the last quarter. Finally, Canada Pension Plan Investment Board boosted its holdings in shares of Xponential Fitness by 4.7% in the fourth quarter. Canada Pension Plan Investment Board now owns 107,800 shares of the company's stock valued at $1,450,000 after acquiring an additional 4,800 shares in the last quarter. 58.55% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently weighed in on XPOF. Guggenheim reaffirmed a "buy" rating and issued a $13.00 target price on shares of Xponential Fitness in a report on Monday, May 12th. Raymond James Financial reduced 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. Finally, Wall Street Zen upgraded shares of Xponential Fitness from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd. Six investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $13.94.

Xponential Fitness Stock Up 0.5%

Shares of NYSE:XPOF traded up $0.06 during trading on Friday, reaching $10.52. The stock had a trading volume of 313,396 shares, compared to its average volume of 687,925. The business has a fifty day moving average price of $9.28 and a 200-day moving average price of $10.71. The stock has a market cap of $511.71 million, a P/E ratio of -5.15 and a beta of 1.46. Xponential Fitness, Inc. has a fifty-two week low of $6.64 and a fifty-two week high of $18.87.

Xponential Fitness (NYSE:XPOF - Get Free Report) last posted its quarterly earnings data 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). The firm had revenue of $76.88 million for the quarter, compared to analyst estimates of $75.37 million. Xponential Fitness's revenue was down 3.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.16 earnings per share. 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.