Public Employees Retirement System of Ohio Invests $3.51 Million in Xenia Hotels & Resorts, Inc. $XHR

Public Employees Retirement System of Ohio purchased a new stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR) in the second quarter, HoldingsChannel reports. The firm purchased 172,191 shares of the real estate investment trust’s stock, valued at approximately $3,506,000.

Several other institutional investors have also recently bought and sold shares of the stock. Royal Bank of Canada lifted its holdings in Xenia Hotels & Resorts by 18.9% during the 1st quarter. Royal Bank of Canada now owns 31,100 shares of the real estate investment trust’s stock worth $366,000 after buying an additional 4,950 shares in the last quarter. AQR Capital Management LLC raised its position in shares of 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 acquiring an additional 17,097 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of 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 acquiring an additional 2,633 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of 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 acquired a new position in shares of Xenia Hotels & Resorts during the second quarter valued at $230,000. Institutional investors own 92.43% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on XHR. Wells Fargo & Company lifted their price objective on Xenia Hotels & Resorts from $18.00 to $22.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Weiss Ratings downgraded shares of Xenia Hotels & Resorts from a “hold (c+)” rating to a “hold (c-)” rating in a research report on Thursday, August 13th. BMO Capital Markets lowered shares of Xenia Hotels & Resorts from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $22.00 to $20.50 in a research note on Tuesday. Finally, KeyCorp lifted their price target on shares of Xenia Hotels & Resorts from $16.00 to $21.00 and gave the stock an “overweight” rating in a research report on Thursday, June 11th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $20.12.

Xenia Hotels & Resorts Stock Performance

Shares of Xenia Hotels & Resorts stock opened at $17.99 on Friday. The firm has a fifty day moving average of $19.95 and a two-hundred day moving average of $17.69. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.47 and a current ratio of 2.47. The stock has a market capitalization of $1.66 billion, a price-to-earnings ratio of -256.96 and a beta of 1.14. Xenia Hotels & Resorts, Inc. has a 52 week low of $11.75 and a 52 week high of $22.06.

Xenia Hotels & Resorts (NYSE:XHR) last posted its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.37. Xenia Hotels & Resorts had a negative return on equity of 0.61% and a negative net margin of 0.66%.The business had revenue of $295.49 million for the quarter, compared to analyst estimates of $302.39 million. During the same period last year, the company earned $0.57 EPS. The firm’s revenue was up 2.7% on a year-over-year basis. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.960-2.080 EPS. As a group, equities research analysts predict that Xenia Hotels & Resorts, Inc. will post 1.89 EPS for the current year.

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.