Gamco Investors INC. ET AL Buys Shares of 67,007 XO Group, Inc. (NYSE:XOXO)

Gamco Investors INC. ET AL bought a new stake in XO Group, Inc. (NYSE:XOXO) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 67,007 shares of the specialty retailer’s stock, valued at approximately $2,310,000. Gamco Investors INC. ET AL owned approximately 0.26% of XO Group at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of XOXO. Acadian Asset Management LLC boosted its stake in XO Group by 524.6% during the 2nd quarter. Acadian Asset Management LLC now owns 503,815 shares of the specialty retailer’s stock worth $16,124,000 after purchasing an additional 423,150 shares during the period. WINTON GROUP Ltd acquired a new stake in XO Group during the 2nd quarter worth $12,113,000. BlackRock Inc. boosted its stake in XO Group by 9.3% during the 2nd quarter. BlackRock Inc. now owns 3,537,109 shares of the specialty retailer’s stock worth $113,189,000 after purchasing an additional 300,896 shares during the period. TD Asset Management Inc. acquired a new stake in XO Group during the 2nd quarter worth $3,373,000. Finally, Zacks Investment Management acquired a new stake in XO Group during the 2nd quarter worth $2,626,000. Institutional investors and hedge funds own 88.07% of the company’s stock.

Shares of XOXO traded down $0.13 during trading hours on Wednesday, reaching $34.60. The company had a trading volume of 255,526 shares, compared to its average volume of 253,691. The company has a market capitalization of $894.50 million, a PE ratio of 88.72 and a beta of 0.71. XO Group, Inc. has a 12-month low of $17.49 and a 12-month high of $35.83.

XO Group (NYSE:XOXO) last announced its quarterly earnings results on Thursday, November 1st. The specialty retailer reported $0.19 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.01. The business had revenue of $43.06 million during the quarter, compared to the consensus estimate of $42.79 million. XO Group had a net margin of 8.17% and a return on equity of 9.17%. As a group, equities analysts forecast that XO Group, Inc. will post 0.66 EPS for the current fiscal year.

Several analysts have recently commented on the stock. B. Riley cut shares of XO Group from a “buy” rating to a “neutral” rating and raised their target price for the stock from $32.00 to $35.00 in a research note on Wednesday, September 26th. ValuEngine cut shares of XO Group from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, September 18th. Aegis restated a “hold” rating and issued a $34.00 target price on shares of XO Group in a research note on Thursday, September 27th. Finally, Zacks Investment Research cut shares of XO Group from a “buy” rating to a “hold” rating in a research note on Wednesday, November 7th. Four equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $31.50.

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XO Group Company Profile

XO Group Inc provides multiplatform media and marketplace services to the wedding, pregnancy and parenting, and local entertainment markets primarily in the United States. It operates a network of Websites under various brands, including The Knot, which offers wedding resources and marketplaces through wedding Website and mobile apps, national and local wedding magazines, and nationally published books; and The Bump, a pregnancy and parenting brand that provides personalized information, content, and tools for navigating the journey from fertility to pregnancy and parenting through the toddler years.

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Institutional Ownership by Quarter for XO Group (NYSE:XOXO)

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