VitalStone Financial LLC Buys 875 Shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR)

VitalStone Financial LLC boosted its stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 54.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,482 shares of the real estate investment trust’s stock after acquiring an additional 875 shares during the period. VitalStone Financial LLC’s holdings in Xenia Hotels & Resorts were worth $34,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Principal Securities Inc. bought a new stake in shares of Xenia Hotels & Resorts in the 4th quarter valued at $64,000. International Assets Investment Management LLC lifted its holdings in Xenia Hotels & Resorts by 1,274.0% in the fourth quarter. International Assets Investment Management LLC now owns 4,919 shares of the real estate investment trust’s stock valued at $67,000 after buying an additional 4,561 shares during the period. Tennessee Valley Asset Management Partners bought a new stake in Xenia Hotels & Resorts during the fourth quarter valued at $74,000. QRG Capital Management Inc. acquired a new stake in Xenia Hotels & Resorts during the 3rd quarter worth about $168,000. Finally, Van ECK Associates Corp raised its position in shares of Xenia Hotels & Resorts by 17.0% in the 4th quarter. Van ECK Associates Corp now owns 15,053 shares of the real estate investment trust’s stock worth $205,000 after acquiring an additional 2,184 shares in the last quarter. Institutional investors and hedge funds own 92.43% of the company’s stock.

Xenia Hotels & Resorts Stock Up 0.3 %

Shares of NYSE XHR opened at $14.29 on Tuesday. The company has a debt-to-equity ratio of 1.06, a current ratio of 2.24 and a quick ratio of 2.24. The company has a 50-day moving average price of $14.52 and a 200-day moving average price of $13.98. The stock has a market capitalization of $1.46 billion, a P/E ratio of 75.21 and a beta of 1.49. Xenia Hotels & Resorts, Inc. has a 1 year low of $10.90 and a 1 year high of $15.84.

Xenia Hotels & Resorts (NYSE:XHR) last released its quarterly earnings results on Thursday, May 2nd. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.28). The company had revenue of $267.49 million for the quarter, compared to analyst estimates of $258.80 million. Xenia Hotels & Resorts had a net margin of 2.09% and a return on equity of 1.58%. On average, equities research analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.56 EPS for the current fiscal year.

Xenia Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.48 annualized dividend and a yield of 3.36%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is currently 252.64%.

Analyst Ratings Changes

Several equities research analysts recently commented on XHR shares. Jefferies Financial Group raised Xenia Hotels & Resorts from a “hold” rating to a “buy” rating and raised their target price for the stock from $14.00 to $18.00 in a research note on Thursday, February 29th. Wells Fargo & Company lifted their price objective on shares of Xenia Hotels & Resorts from $14.00 to $15.50 and gave the company an “equal weight” rating in a research note on Thursday, March 21st. B. Riley reiterated a “neutral” rating and set a $17.00 target price (up previously from $16.00) on shares of Xenia Hotels & Resorts in a research report on Monday, March 4th. StockNews.com upgraded shares of Xenia Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Friday, May 3rd. Finally, KeyCorp upped their price objective on shares of Xenia Hotels & Resorts from $15.00 to $17.00 and gave the company an “overweight” rating in a report on Friday, April 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $15.70.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc is a self-advised and self-administered REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts with a focus on the top 25 lodging markets as well as key leisure destinations in the United States. The Company owns 32 hotels and resorts comprising 9,511 rooms across 14 states.