XO Group, Inc. (NYSE:XOXO) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Thursday.

According to Zacks, “XO Group Inc. is a media and technology company. It provides information, products and advice related to weddings and pregnancy. The Company operates Internet websites, publishes magazines and books, and produces television and video content. XO Group Inc., formerly known as The Knot, Inc., is headquartered in New York, New York. “

A number of other research firms have also recently issued reports on XOXO. BidaskClub cut shares of XO Group from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. B. Riley reiterated a “neutral” rating and issued a $16.75 target price on shares of XO Group in a research note on Tuesday, August 1st. Roth Capital set a $21.00 price target on shares of XO Group and gave the stock a “buy” rating in a research note on Tuesday, August 1st. Finally, ValuEngine upgraded shares of XO Group from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $20.15.

XO Group (NYSE:XOXO) opened at 20.94 on Thursday. XO Group has a 52-week low of $14.99 and a 52-week high of $20.99. The stock has a market cap of $522.62 million, a P/E ratio of 74.79 and a beta of 0.96. The firm’s 50-day moving average price is $18.87 and its 200 day moving average price is $17.80.

XO Group (NYSE:XOXO) last posted its quarterly earnings results on Monday, July 31st. The specialty retailer reported $0.11 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.11. XO Group had a net margin of 4.55% and a return on equity of 4.71%. The business had revenue of $42.20 million for the quarter, compared to the consensus estimate of $41.51 million. During the same period in the prior year, the business posted $0.14 earnings per share. XO Group’s revenue for the quarter was up 9.0% compared to the same quarter last year. Equities analysts predict that XO Group will post $0.33 earnings per share for the current year.

COPYRIGHT VIOLATION WARNING: “Zacks Investment Research Lowers XO Group, Inc. (XOXO) to Sell” was first published by American Banking News and is owned by of American Banking News. If you are reading this story on another site, it was stolen and reposted in violation of U.S. & international copyright and trademark law. The legal version of this story can be viewed at https://www.americanbankingnews.com/2017/10/05/zacks-investment-research-lowers-xo-group-inc-xoxo-to-sell.html.

A number of institutional investors and hedge funds have recently bought and sold shares of XOXO. Mason Street Advisors LLC lifted its position in XO Group by 6.4% in the 1st quarter. Mason Street Advisors LLC now owns 5,782 shares of the specialty retailer’s stock valued at $100,000 after acquiring an additional 347 shares in the last quarter. BNP Paribas Arbitrage SA lifted its position in XO Group by 132.2% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,455 shares of the specialty retailer’s stock valued at $130,000 after acquiring an additional 4,245 shares in the last quarter. Joel Isaacson & Co. LLC lifted its position in XO Group by 51.1% in the 3rd quarter. Joel Isaacson & Co. LLC now owns 6,800 shares of the specialty retailer’s stock valued at $131,000 after acquiring an additional 2,300 shares in the last quarter. Teacher Retirement System of Texas lifted its position in XO Group by 8.3% in the 2nd quarter. Teacher Retirement System of Texas now owns 9,997 shares of the specialty retailer’s stock valued at $174,000 after acquiring an additional 764 shares in the last quarter. Finally, Louisiana State Employees Retirement System lifted its position in XO Group by 1.0% in the 1st quarter. Louisiana State Employees Retirement System now owns 10,100 shares of the specialty retailer’s stock valued at $174,000 after acquiring an additional 100 shares in the last quarter. 83.62% of the stock is currently owned by institutional investors and hedge funds.

About XO Group

XO Group Inc is engaged in providing content and marketing solutions, targeted advertising programs, transactions and merchandise. The Company’s multi-platform brands guide couples through transformative life stages from getting married with The Knot, to moving in together with The Nest, to having a baby with The Bump, and helping bring celebrations to life with entertainment vendors from GigMasters.com Incorporated (GigMasters).

Get a free copy of the Zacks research report on XO Group (XOXO)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for XO Group (NYSE:XOXO)

Receive News & Ratings for XO Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XO Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.