Xenia Hotels & Resorts (NYSE:XHR) Reaches New 1-Year High – Here’s What Happened

Xenia Hotels & Resorts, Inc. (NYSE:XHR) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $20.40 and last traded at $20.14, with a volume of 857615 shares. The stock had previously closed at $20.02.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on XHR. BMO Capital Markets reissued an “outperform” rating and issued a $21.00 price objective on shares of Xenia Hotels & Resorts in a research note on Friday, June 12th. Weiss Ratings upgraded Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 4th. Wells Fargo & Company lifted their price target on shares of Xenia Hotels & Resorts from $16.00 to $18.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Finally, KeyCorp upped their price objective on shares of Xenia Hotels & Resorts from $16.00 to $21.00 and gave the stock an “overweight” rating in a report on Thursday, June 11th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $19.25.

Xenia Hotels & Resorts Stock Up 0.6%

The firm has a 50-day moving average of $17.25 and a two-hundred day moving average of $15.73. The firm has a market cap of $1.86 billion, a price-to-earnings ratio of 28.77 and a beta of 1.17. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 1.14.

Xenia Hotels & Resorts (NYSE:XHR) last released its earnings results on Friday, May 1st. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.03. The firm had revenue of $295.41 million for the quarter, compared to analyst estimates of $291.33 million. Xenia Hotels & Resorts had a return on equity of 5.53% and a net margin of 6.20%.The company’s revenue was up 2.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.51 EPS. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. As a group, sell-side analysts predict that Xenia Hotels & Resorts, Inc. will post 1.81 earnings per share for the current fiscal year.

Xenia Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a $0.14 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.56 annualized dividend and a dividend yield of 2.8%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is presently 80.00%.

Insider Transactions at Xenia Hotels & Resorts

In related news, insider Atish Shah sold 120,000 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $17.00, for a total transaction of $2,040,000.00. Following the transaction, the insider owned 250,805 shares of the company’s stock, valued at approximately $4,263,685. The trade was a 32.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 4.40% of the company’s stock.

Institutional Trading of Xenia Hotels & Resorts

Several hedge funds and other institutional investors have recently bought and sold shares of XHR. Royal Bank of Canada raised its position in shares of Xenia Hotels & Resorts by 18.9% during the first quarter. Royal Bank of Canada now owns 31,100 shares of the real estate investment trust’s stock valued at $366,000 after buying an additional 4,950 shares during the last quarter. AQR Capital Management LLC grew its position in Xenia Hotels & Resorts by 75.0% during the first quarter. AQR Capital Management LLC now owns 39,894 shares of the real estate investment trust’s stock worth $469,000 after buying an additional 17,097 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Xenia Hotels & Resorts by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,617 shares of the real estate investment trust’s stock worth $713,000 after buying an additional 2,633 shares in the last quarter. Jane Street Group LLC increased its stake in Xenia Hotels & Resorts by 85.0% during the first quarter. Jane Street Group LLC now owns 93,661 shares of the real estate investment trust’s stock valued at $1,101,000 after acquiring an additional 43,026 shares during the period. Finally, Creative Planning bought a new position in Xenia Hotels & Resorts during the second quarter valued at about $230,000. 92.43% of the stock is currently owned by institutional investors and hedge funds.

About Xenia Hotels & Resorts

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.