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

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. “

XOXO has been the subject of several other reports. BidaskClub downgraded XO Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 25th. Roth Capital reaffirmed a “neutral” rating and set a $20.50 target price on shares of XO Group in a report on Thursday, October 12th. B. Riley upped their target price on XO Group from $16.75 to $19.00 and gave the company a “neutral” rating in a report on Wednesday, November 1st. Finally, ValuEngine raised XO Group from a “sell” rating to a “hold” rating in a report on Friday, September 1st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $20.50.

Shares of XO Group (NYSE XOXO) opened at $18.35 on Friday. The firm has a market capitalization of $472.11, a price-to-earnings ratio of 49.65, a PEG ratio of 3.79 and a beta of 0.91. XO Group has a twelve month low of $14.99 and a twelve month high of $20.99.

XO Group (NYSE:XOXO) last announced its earnings results on Tuesday, October 31st. The specialty retailer reported $0.13 EPS for the quarter, beating the consensus estimate of $0.11 by $0.02. XO Group had a return on equity of 7.96% and a net margin of 8.30%. The business had revenue of $40.24 million during the quarter, compared to the consensus estimate of $40.58 million. During the same period in the prior year, the business posted $0.07 earnings per share. XO Group’s revenue was up 9.5% compared to the same quarter last year. research analysts forecast that XO Group will post 0.32 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Mason Street Advisors LLC boosted its stake in XO Group by 6.4% during the 1st quarter. Mason Street Advisors LLC now owns 5,782 shares of the specialty retailer’s stock valued at $100,000 after purchasing an additional 347 shares during the period. BNP Paribas Arbitrage SA boosted its stake in XO Group by 132.2% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,455 shares of the specialty retailer’s stock valued at $130,000 after purchasing an additional 4,245 shares during the period. Joel Isaacson & Co. LLC boosted its stake in XO Group by 51.1% during the 3rd quarter. Joel Isaacson & Co. LLC now owns 6,800 shares of the specialty retailer’s stock valued at $131,000 after purchasing an additional 2,300 shares during the period. Macquarie Group Ltd. bought a new stake in XO Group during the 3rd quarter valued at approximately $132,000. Finally, Teacher Retirement System of Texas boosted its stake in XO Group by 8.3% during the 2nd quarter. Teacher Retirement System of Texas now owns 9,997 shares of the specialty retailer’s stock valued at $174,000 after purchasing an additional 764 shares during the period. Institutional investors own 84.43% of the company’s stock.

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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).

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