Barry Bloom Sells 151,909 Shares of Xenia Hotels & Resorts (NYSE:XHR) Stock

Xenia Hotels & Resorts, Inc. (NYSE:XHRGet Free Report) insider Barry Bloom sold 151,909 shares of the stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $15.73, for a total transaction of $2,389,528.57. Following the completion of the sale, the insider owned 15,233 shares of the company’s stock, valued at approximately $239,615.09. The trade was a 90.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Xenia Hotels & Resorts Price Performance

Shares of XHR stock opened at $15.31 on Friday. The stock’s fifty day moving average is $15.09 and its 200-day moving average is $14.22. The stock has a market capitalization of $1.41 billion, a PE ratio of 23.91 and a beta of 1.23. Xenia Hotels & Resorts, Inc. has a 52 week low of $8.55 and a 52 week high of $16.48. The company has a debt-to-equity ratio of 1.20, a quick ratio of 2.51 and a current ratio of 2.67.

Xenia Hotels & Resorts (NYSE:XHRGet Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.41. Xenia Hotels & Resorts had a return on equity of 5.13% and a net margin of 5.85%.The company had revenue of $265.58 million for the quarter, compared to analyst estimates of $264.77 million. During the same period in the previous year, the company posted $0.39 earnings per share. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.78-1.990 EPS. Equities research analysts expect that Xenia Hotels & Resorts, Inc. will post 1.46 EPS for the current fiscal year.

Xenia Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.56 annualized dividend and a yield of 3.7%. Xenia Hotels & Resorts’s dividend payout ratio is 87.50%.

Hedge Funds Weigh In On Xenia Hotels & Resorts

A number of large investors have recently modified their holdings of the company. Salomon & Ludwin LLC grew its holdings in shares of Xenia Hotels & Resorts by 114.1% during the 3rd quarter. Salomon & Ludwin LLC now owns 2,085 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 1,111 shares during the last quarter. MAI Capital Management increased its holdings in shares of Xenia Hotels & Resorts by 475.6% in the third quarter. MAI Capital Management now owns 2,026 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 1,674 shares during the period. Transamerica Financial Advisors LLC lifted its stake in shares of Xenia Hotels & Resorts by 459.8% in the 4th quarter. Transamerica Financial Advisors LLC now owns 1,948 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 1,600 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Xenia Hotels & Resorts in the fourth quarter worth approximately $33,000. Finally, Harbor Capital Advisors Inc. increased its stake in shares of Xenia Hotels & Resorts by 152.3% in the fourth quarter. Harbor Capital Advisors Inc. now owns 3,017 shares of the real estate investment trust’s stock worth $43,000 after buying an additional 1,821 shares during the period. 92.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on XHR shares. Wall Street Zen cut shares of Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Wells Fargo & Company boosted their price objective on Xenia Hotels & Resorts from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Monday, December 1st. Robert W. Baird set a $17.00 price objective on Xenia Hotels & Resorts in a report on Monday, January 12th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Xenia Hotels & Resorts in a report on Monday, December 29th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $14.00.

Get Our Latest Stock Report on Xenia Hotels & Resorts

Xenia Hotels & Resorts Company Profile

(Get Free Report)

Xenia Hotels & Resorts is a self-administered real estate investment trust (REIT) that specializes in owning, operating and acquiring premium full-service hotels across the United States. The company’s portfolio emphasizes upper-upscale and luxury properties, partnering with leading hotel brands to deliver a distinctive guest experience while targeting markets with strong leisure and corporate demand.

Founded as a spin-off from Marriott International in September 2016, Xenia has built a diversified collection of full-service hotels and resorts in key U.S.

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