Mutual of America Capital Management LLC reduced its position in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR – Free Report) by 12.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 268,615 shares of the real estate investment trust’s stock after selling 38,881 shares during the quarter. Mutual of America Capital Management LLC owned about 0.28% of Xenia Hotels & Resorts worth $3,685,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in XHR. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Xenia Hotels & Resorts by 1.7% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 58,312 shares of the real estate investment trust’s stock valued at $733,000 after acquiring an additional 975 shares in the last quarter. Salomon & Ludwin LLC increased its stake in 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 in the last quarter. Lazard Asset Management LLC raised its holdings in Xenia Hotels & Resorts by 1.5% during the second quarter. Lazard Asset Management LLC now owns 80,719 shares of the real estate investment trust’s stock worth $1,014,000 after buying an additional 1,226 shares during the last quarter. Inspire Investing LLC raised its holdings in Xenia Hotels & Resorts by 5.8% during the third quarter. Inspire Investing LLC now owns 33,009 shares of the real estate investment trust’s stock worth $453,000 after buying an additional 1,820 shares during the last quarter. Finally, Nordea Investment Management AB lifted its stake in shares of Xenia Hotels & Resorts by 0.4% in the second quarter. Nordea Investment Management AB now owns 493,554 shares of the real estate investment trust’s stock valued at $6,177,000 after buying an additional 1,944 shares in the last quarter. Institutional investors own 92.43% of the company’s stock.
Xenia Hotels & Resorts Stock Down 0.3%
Shares of NYSE:XHR opened at $14.75 on Friday. Xenia Hotels & Resorts, Inc. has a 1 year low of $8.55 and a 1 year high of $15.60. The company has a market capitalization of $1.40 billion, a PE ratio of 26.33 and a beta of 1.23. The business has a fifty day moving average price of $14.51 and a two-hundred day moving average price of $13.84. The company has a debt-to-equity ratio of 1.16, a current ratio of 2.51 and a quick ratio of 2.51.
Xenia Hotels & Resorts Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were paid a dividend of $0.14 per share. The ex-dividend date was Wednesday, December 31st. This represents a $0.56 annualized dividend and a dividend yield of 3.8%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is presently 100.00%.
Analyst Ratings Changes
Several equities research analysts have recently commented on XHR shares. Wall Street Zen downgraded shares of Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Robert W. Baird set a $17.00 price objective on Xenia Hotels & Resorts in a report on Monday, January 12th. Weiss Ratings restated a “hold (c)” rating on shares of Xenia Hotels & Resorts in a report on Monday, December 29th. Finally, Wells Fargo & Company lifted their target price on Xenia Hotels & Resorts from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Monday, December 1st. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $14.00.
Get Our Latest Stock Report on Xenia Hotels & Resorts
Xenia Hotels & Resorts 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.
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