PCJ Investment Counsel Ltd. Purchases New Shares in Xponential Fitness, Inc. (NYSE:XPOF)

PCJ Investment Counsel Ltd. acquired a new position in shares of Xponential Fitness, Inc. (NYSE:XPOF) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 163,000 shares of the company’s stock, valued at approximately $2,192,000. PCJ Investment Counsel Ltd. owned 0.34% of Xponential Fitness at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Financial Management Professionals Inc. increased its position in shares of Xponential Fitness by 117.6% in the fourth 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. Asset Planning Inc purchased a new stake in shares of Xponential Fitness in the 4th quarter valued at approximately $71,000. SG Americas Securities LLC lifted its position in shares of Xponential Fitness by 56.4% in the 4th quarter. SG Americas Securities LLC now owns 13,489 shares of the company’s stock valued at $181,000 after acquiring an additional 4,862 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in shares of Xponential Fitness in the 4th quarter valued at approximately $182,000. Finally, Centiva Capital LP purchased a new stake in shares of Xponential Fitness in the 3rd quarter valued at approximately $183,000. Institutional investors and hedge funds own 58.55% of the company’s stock.

Xponential Fitness Stock Performance

Shares of NYSE XPOF opened at $12.65 on Friday. The business’s 50-day simple moving average is $15.53 and its 200-day simple moving average is $14.27. Xponential Fitness, Inc. has a 52 week low of $7.40 and a 52 week high of $18.95. The firm has a market cap of $611.18 million, a price-to-earnings ratio of -10.91 and a beta of 1.38.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on XPOF shares. Stifel Nicolaus upped their price target on shares of Xponential Fitness from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Monday, November 11th. Northland Securities assumed coverage on shares of Xponential Fitness in a research report on Thursday, January 23rd. They issued a “market perform” rating and a $17.50 price target for the company. Northland Capmk upgraded shares of Xponential Fitness to a “hold” rating in a research report on Thursday, January 23rd. Finally, Piper Sandler increased their target price on shares of Xponential Fitness from $12.00 to $16.00 and gave the stock a “neutral” rating in a research report on Monday, January 6th. Six investment analysts have rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $17.22.

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.