Xponential Fitness, Inc. (NYSE:XPOF) is MSD Partners L.P.’s 3rd Largest Position

MSD Partners L.P. trimmed its position in shares of Xponential Fitness, Inc. (NYSE:XPOF) by 20.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,401,459 shares of the company’s stock after selling 359,860 shares during the period. Xponential Fitness accounts for approximately 13.3% of MSD Partners L.P.’s portfolio, making the stock its 3rd largest holding. MSD Partners L.P. owned 2.90% of Xponential Fitness worth $18,850,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in XPOF. Barclays PLC grew its position in Xponential Fitness by 366.5% during the third quarter. Barclays PLC now owns 39,621 shares of the company’s stock valued at $491,000 after acquiring an additional 31,127 shares during the last quarter. Financial Management Professionals Inc. raised its position in shares of Xponential Fitness by 117.6% in the 4th quarter. Financial Management Professionals Inc. now owns 5,021 shares of the company’s stock worth $68,000 after acquiring an additional 2,714 shares in the last quarter. SG Americas Securities LLC boosted its holdings in shares of Xponential Fitness by 56.4% during the 4th quarter. SG Americas Securities LLC now owns 13,489 shares of the company’s stock valued at $181,000 after buying an additional 4,862 shares in the last quarter. Asset Planning Inc purchased a new stake in Xponential Fitness in the fourth quarter worth about $71,000. Finally, Y Intercept Hong Kong Ltd bought a new position in Xponential Fitness during the 4th quarter valued at approximately $182,000. Hedge funds and other institutional investors own 58.55% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on XPOF. Raymond James dropped their target price on shares of Xponential Fitness from $16.00 to $15.00 and set a “strong-buy” rating on the stock in a research note on Friday, May 9th. Lake Street Capital cut their target price 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. Piper Sandler decreased their price objective on Xponential Fitness from $16.00 to $9.00 and set a “neutral” rating on the stock in a research note on Friday, March 14th. Northland Capmk raised shares of Xponential Fitness to a “hold” rating in a report on Thursday, January 23rd. Finally, Guggenheim reissued a “buy” rating and issued a $13.00 price objective on shares of Xponential Fitness in a research note on Monday. Six equities research analysts have rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Xponential Fitness has an average rating of “Moderate Buy” and an average target price of $13.94.

Xponential Fitness Price Performance

XPOF stock opened at $9.48 on Wednesday. Xponential Fitness, Inc. has a 1 year low of $6.64 and a 1 year high of $18.95. The business has a 50 day simple moving average of $8.42 and a 200-day simple moving average of $12.72. The firm has a market capitalization of $459.63 million, a PE ratio of -8.17 and a beta of 1.57.

Xponential Fitness (NYSE:XPOF) last released its quarterly earnings results on Thursday, May 8th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.35). Xponential Fitness had a negative net margin of 9.15% and a negative return on equity of 4.37%. The company had revenue of $76.88 million during the quarter, compared to analysts’ expectations of $75.37 million. During the same period last year, the firm posted $0.16 earnings per share. Xponential Fitness’s revenue was down 3.4% on a year-over-year basis. On average, equities research analysts expect 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.