Skylands Capital LLC Acquires 42,458 Shares of Xponential Fitness, Inc. (NYSE:XPOF)

Skylands Capital LLC grew its holdings in shares of Xponential Fitness, Inc. (NYSE:XPOF) by 80.1% in the 4th quarter, HoldingsChannel reports. The firm owned 95,458 shares of the company’s stock after acquiring an additional 42,458 shares during the quarter. Skylands Capital LLC’s holdings in Xponential Fitness were worth $1,284,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in XPOF. Rockefeller Capital Management L.P. purchased a new position in Xponential Fitness during the third quarter valued at approximately $3,171,000. Mutual of America Capital Management LLC purchased a new position in Xponential Fitness during the third quarter worth about $1,015,000. Wasatch Advisors LP boosted its position in shares of Xponential Fitness by 96.2% during the 3rd quarter. Wasatch Advisors LP now owns 1,152,972 shares of the company’s stock valued at $14,297,000 after acquiring an additional 565,451 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Xponential Fitness by 1.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 195,380 shares of the company’s stock worth $2,423,000 after purchasing an additional 2,670 shares during the last quarter. Finally, Verition Fund Management LLC raised its stake in Xponential Fitness by 276.5% in the third quarter. Verition Fund Management LLC now owns 692,729 shares of the company’s stock valued at $8,590,000 after purchasing an additional 508,715 shares in the last quarter. 58.55% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on XPOF shares. Piper Sandler lifted their price objective on shares of Xponential Fitness from $12.00 to $16.00 and gave the stock a “neutral” rating in a report on Monday, January 6th. Northland Capmk raised shares of Xponential Fitness to a “hold” rating in a research note on Thursday, January 23rd. Northland Securities began coverage on Xponential Fitness in a research note on Thursday, January 23rd. They issued a “market perform” rating and a $17.50 target price for the company. Finally, Stifel Nicolaus lifted their price target on Xponential Fitness from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Six research analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $17.60.

Xponential Fitness Stock Performance

Shares of NYSE XPOF opened at $15.68 on Monday. The company has a 50 day simple moving average of $15.60 and a two-hundred day simple moving average of $14.30. Xponential Fitness, Inc. has a fifty-two week low of $7.40 and a fifty-two week high of $18.95. The company has a market capitalization of $757.34 million, a price-to-earnings ratio of -13.52 and a beta of 1.33.

Xponential Fitness 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.