Xenia Hotels & Resorts (NYSE:XHR) Upgraded to Strong-Buy at Wells Fargo & Company

Wells Fargo & Company upgraded shares of Xenia Hotels & Resorts (NYSE:XHR) to a strong-buy rating in a research note issued to investors on Thursday,Zacks.com reports.

A number of other analysts also recently weighed in on the company. KeyCorp boosted their target price on Xenia Hotels & Resorts from $16.00 to $21.00 and gave the stock an “overweight” rating in a research report on Thursday, June 11th. BMO Capital Markets reiterated an “outperform” rating and set a $21.00 price target on shares of Xenia Hotels & Resorts in a research report on Friday, June 12th. Finally, Weiss Ratings raised shares of Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $20.25.

Xenia Hotels & Resorts Trading Up 2.2%

NYSE XHR opened at $21.49 on Thursday. The stock’s 50-day simple moving average is $19.29 and its two-hundred day simple moving average is $16.75. Xenia Hotels & Resorts has a twelve month low of $11.75 and a twelve month high of $21.66. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 1.14. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of 30.70 and a beta of 1.14.

Xenia Hotels & Resorts (NYSE:XHR) last issued its quarterly earnings results on Friday, May 1st. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.03. The firm had revenue of $295.41 million during 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% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 earnings per share. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. Research analysts forecast that Xenia Hotels & Resorts will post 1.81 EPS for the current fiscal year.

Xenia Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Tuesday, June 30th. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is 80.00%.

Insider Activity at Xenia Hotels & Resorts

In other news, insider Atish Shah sold 120,000 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $17.00, for a total value of $2,040,000.00. Following the completion of the sale, 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 4.40% of the company’s stock.

Hedge Funds Weigh In On Xenia Hotels & Resorts

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Transamerica Financial Advisors LLC increased its stake in 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 worth $28,000 after purchasing an additional 1,600 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Xenia Hotels & Resorts during the fourth quarter valued at approximately $33,000. Harbor Capital Advisors Inc. boosted its stake in shares of Xenia Hotels & Resorts by 152.3% during the fourth quarter. Harbor Capital Advisors Inc. now owns 3,017 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 1,821 shares during the period. Mcguire Capital Advisors Inc. bought a new position in shares of Xenia Hotels & Resorts in the fourth quarter worth approximately $55,000. Finally, Hantz Financial Services Inc. grew its holdings in shares of Xenia Hotels & Resorts by 42.4% in the fourth quarter. Hantz Financial Services Inc. now owns 5,730 shares of the real estate investment trust’s stock worth $81,000 after purchasing an additional 1,707 shares during the last quarter. 92.43% of the stock is currently owned by institutional investors.

Xenia Hotels & Resorts Company Profile

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.