Lighthouse Investment Partners LLC decreased its holdings in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR – Free Report) by 35.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 350,000 shares of the real estate investment trust’s stock after selling 195,000 shares during the quarter. Lighthouse Investment Partners LLC owned approximately 0.37% of Xenia Hotels & Resorts worth $4,802,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in shares of Xenia Hotels & Resorts by 3.3% in the third quarter. Vanguard Group Inc. now owns 17,267,751 shares of the real estate investment trust’s stock valued at $236,914,000 after purchasing an additional 555,195 shares during the period. Wellington Management Group LLP boosted its holdings in shares of Xenia Hotels & Resorts by 3.1% during the 3rd quarter. Wellington Management Group LLP now owns 9,044,142 shares of the real estate investment trust’s stock worth $124,086,000 after buying an additional 273,876 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Xenia Hotels & Resorts by 30.6% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,704,360 shares of the real estate investment trust’s stock worth $37,104,000 after buying an additional 633,820 shares during the period. JPMorgan Chase & Co. grew its stake in Xenia Hotels & Resorts by 3.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,276,448 shares of the real estate investment trust’s stock valued at $31,233,000 after buying an additional 79,685 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Xenia Hotels & Resorts by 2.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,374,459 shares of the real estate investment trust’s stock valued at $18,859,000 after buying an additional 32,635 shares during the last quarter. 92.43% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on XHR. Robert W. Baird set a $17.00 price objective on shares of Xenia Hotels & Resorts in a research report on Monday, January 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Xenia Hotels & Resorts in a research report on Monday, December 29th. Finally, Wells Fargo & Company increased their target price on Xenia Hotels & Resorts from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Monday, December 1st. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $14.00.
Xenia Hotels & Resorts Price Performance
Xenia Hotels & Resorts stock opened at $14.40 on Tuesday. The firm has a market cap of $1.33 billion, a PE ratio of 22.50 and a beta of 1.17. The company has a debt-to-equity ratio of 1.20, a current ratio of 2.67 and a quick ratio of 2.67. The stock’s fifty day moving average price is $15.18 and its two-hundred day moving average price is $14.33. Xenia Hotels & Resorts, Inc. has a one year low of $8.55 and a one year high of $16.48.
Xenia Hotels & Resorts (NYSE:XHR – Get Free Report) last released its earnings results on Tuesday, February 24th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.41. The company had revenue of $265.58 million for the quarter, compared to analyst estimates of $264.77 million. Xenia Hotels & Resorts had a return on equity of 5.13% and a net margin of 5.85%.Xenia Hotels & Resorts’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.39 EPS. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.78-1.990 EPS. As a group, research analysts expect that Xenia Hotels & Resorts, Inc. will post 1.46 EPS for the current fiscal year.
Xenia Hotels & Resorts Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Tuesday, March 31st. Xenia Hotels & Resorts’s dividend payout ratio is presently 87.50%.
Insider Buying and Selling
In other Xenia Hotels & Resorts news, insider Barry A. N. Bloom sold 151,909 shares of the firm’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $15.73, for a total value of $2,389,528.57. Following the transaction, the insider directly owned 15,233 shares of the company’s stock, valued at $239,615.09. This trade represents a 90.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.20% of the stock is currently owned by corporate insiders.
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.
See Also
- Five stocks we like better than Xenia Hotels & Resorts
- The gold chart Wall Street is terrified of…
- Elon Musk already made me a “wealthy man”
- Silver paying 20% dividend. Plus 68% share gains
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
Want to see what other hedge funds are holding XHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xenia Hotels & Resorts, Inc. (NYSE:XHR – Free Report).
Receive News & Ratings for Xenia Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xenia Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.
