192,600 Shares in Xponential Fitness, Inc. (NYSE:XPOF) Bought by Prospect Capital Advisors LLC

Prospect Capital Advisors LLC acquired a new stake in shares of Xponential Fitness, Inc. (NYSE:XPOF - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 192,600 shares of the company's stock, valued at approximately $2,590,000. Xponential Fitness comprises about 1.5% of Prospect Capital Advisors LLC's investment portfolio, making the stock its 22nd biggest holding. Prospect Capital Advisors LLC owned approximately 0.40% of Xponential Fitness as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. AlphaQuest LLC lifted its stake in shares of Xponential Fitness by 335.9% during the 4th quarter. AlphaQuest LLC now owns 4,843 shares of the company's stock valued at $65,000 after buying an additional 3,732 shares in the last quarter. Financial Management Professionals Inc. raised its holdings in Xponential Fitness by 117.6% during the 4th quarter. Financial Management Professionals Inc. now owns 5,021 shares of the company's stock valued at $68,000 after acquiring an additional 2,714 shares during the period. Asset Planning Inc purchased a new stake in shares of Xponential Fitness during the fourth quarter worth $71,000. Mariner LLC bought a new position in shares of Xponential Fitness in the fourth quarter worth $163,000. Finally, EntryPoint Capital LLC purchased a new position in shares of Xponential Fitness in the fourth quarter valued at $177,000. Institutional investors own 58.55% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Guggenheim reissued a "buy" rating and set a $13.00 price objective on shares of Xponential Fitness in a report on Monday, May 12th. B. Riley decreased their price target on Xponential Fitness from $12.00 to $9.00 and set a "neutral" rating on the stock in a research report on Friday, March 14th. Lake Street Capital cut their price objective 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. Raymond James 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, Stifel Nicolaus cut shares of Xponential Fitness from a "buy" rating to a "hold" rating and lowered their target price for the stock from $20.00 to $12.00 in a research note on Friday, March 14th. Six research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $13.94.

Xponential Fitness Trading Down 1.9%

Shares of NYSE:XPOF traded down $0.17 during trading on Tuesday, reaching $8.72. The company had a trading volume of 97,071 shares, compared to its average volume of 623,912. The company has a fifty day moving average of $8.20 and a two-hundred day moving average of $12.62. The stock has a market capitalization of $422.78 million, a P/E ratio of -7.53 and a beta of 1.57. Xponential Fitness, Inc. has a 12 month low of $6.64 and a 12 month high of $18.95.

Xponential Fitness (NYSE:XPOF - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported ($0.20) earnings per share (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 company had revenue of $76.88 million during the quarter, compared to analysts' expectations of $75.37 million. During the same quarter last year, the firm posted $0.16 earnings per share. The firm'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 earnings per share 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.