MSD Partners L.P. Has $18.85 Million Stock Position in Xponential Fitness, Inc. (NYSE:XPOF)

MSD Partners L.P. lessened its stake in Xponential Fitness, Inc. (NYSE:XPOF - Free Report) by 20.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,401,459 shares of the company's stock after selling 359,860 shares during the quarter. Xponential Fitness accounts for approximately 13.3% of MSD Partners L.P.'s portfolio, making the stock its 3rd biggest position. MSD Partners L.P. owned approximately 2.90% of Xponential Fitness worth $18,850,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Nomura Holdings Inc. purchased a new stake in shares of Xponential Fitness in the fourth quarter valued at $794,000. 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 acquiring an additional 8,267 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of Xponential Fitness in the fourth quarter valued at $254,000. Bayesian Capital Management LP purchased a new stake in shares of Xponential Fitness in the fourth quarter valued at $237,000. Finally, BNP Paribas Financial Markets purchased a new stake in shares of Xponential Fitness in the fourth quarter valued at $1,284,000. Hedge funds and other institutional investors own 58.55% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on XPOF shares. B. Riley dropped their target price on Xponential Fitness from $12.00 to $9.00 and set a "neutral" rating for the company in a research note on Friday, March 14th. Piper Sandler dropped their target price on Xponential Fitness from $16.00 to $9.00 and set a "neutral" rating for the company in a research note on Friday, March 14th. Lake Street Capital dropped their price target on Xponential Fitness from $20.00 to $16.00 and set a "buy" rating for the company in a research note on Friday, March 14th. Northland Securities started coverage on Xponential Fitness in a research note on Thursday, January 23rd. They set a "market perform" rating and a $17.50 price target for the company. Finally, Guggenheim restated a "buy" rating and set a $13.00 price target on shares of Xponential Fitness in a research note on Monday, May 12th. Six research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Xponential Fitness presently has an average rating of "Moderate Buy" and a consensus price target of $13.94.

Xponential Fitness Stock Performance

Shares of NYSE:XPOF traded down $0.10 during midday trading on Monday, hitting $9.08. 133,403 shares of the stock were exchanged, compared to its average volume of 716,188. Xponential Fitness, Inc. has a 52-week low of $6.64 and a 52-week high of $18.95. The business's fifty day simple moving average is $8.26 and its two-hundred day simple moving average is $12.65. The company has a market capitalization of $440.33 million, a PE ratio of -7.85 and a beta of 1.57.

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

About Xponential Fitness

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.