Northern Right Capital Management buys $5,791,248 stake in XO Group Inc (XOXO)

XO Group Inc (XOXO) : Northern Right Capital Management scooped up 30,000 additional shares in XO Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 314,400 shares of XO Group Inc which is valued at $5,791,248.XO Group Inc makes up approximately 7.54% of Northern Right Capital Management’s portfolio.

Other Hedge Funds, Including , Ns Advisors boosted its stake in XOXO in the latest quarter, The investment management firm added 3,000 additional shares and now holds a total of 194,006 shares of XO Group Inc which is valued at $3,573,591. XO Group Inc makes up approx 4.38% of Ns Advisors’s portfolio.Portolan Capital Management boosted its stake in XOXO in the latest quarter, The investment management firm added 28,894 additional shares and now holds a total of 529,821 shares of XO Group Inc which is valued at $9,759,303. XO Group Inc makes up approx 1.31% of Portolan Capital Management’s portfolio.Swiss National Bank boosted its stake in XOXO in the latest quarter, The investment management firm added 4,100 additional shares and now holds a total of 46,100 shares of XO Group Inc which is valued at $838,559.

XO Group Inc opened for trading at $18.63 and hit $18.82 on the upside on Thursday, eventually ending the session at $18.73, with a gain of 0.48% or 0.09 points. The heightened volatility saw the trading volume jump to 89,640 shares. Company has a market cap of $495 M.

On the company’s financial health, XO Group Inc reported $0.14 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Aug 1, 2016. Analyst had a consensus of $0.12. The company had revenue of $38.70 million for the quarter, compared to analysts expectations of $38.90 million. The company’s revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.13 EPS.

XO Group Inc. is a consumer Internet and media company. The Company guides couples through transformative life stages from getting married to moving in together and having a baby through its multi-platform brands including The Knot The Bump and The Nest. The Company offers consumer Internet multiplatform media services to the wedding pregnancy and parenting and nesting markets. The Company reaches its audience through several platforms including online properties mobile applications magazines and books and television and video which are available for all brands with the exception of mobile applications television and magazines for its Nest brand. The Company’s national digital advertising products include sponsored and brand-integrated content digital banner advertisements native banner advertising and direct e-mail marketing.

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