Xenia Hotels & Resorts (NYSE:XHR) Insider Atish Shah Sells 120,000 Shares

Xenia Hotels & Resorts, Inc. (NYSE:XHR) insider Atish Shah sold 120,000 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $17.00, for a total transaction of $2,040,000.00. Following the completion of the transaction, the insider directly owned 250,805 shares in the company, valued at approximately $4,263,685. This represents a 32.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Xenia Hotels & Resorts Price Performance

Shares of NYSE:XHR traded down $0.42 during midday trading on Monday, hitting $16.61. The company’s stock had a trading volume of 435,092 shares, compared to its average volume of 738,235. The business’s 50 day simple moving average is $15.38 and its 200 day simple moving average is $14.74. The company has a debt-to-equity ratio of 1.14, a quick ratio of 2.05 and a current ratio of 2.05. The company has a market cap of $1.53 billion, a P/E ratio of 23.73 and a beta of 1.17. Xenia Hotels & Resorts, Inc. has a 12-month low of $11.34 and a 12-month high of $17.23.

Xenia Hotels & Resorts (NYSE:XHR) last posted its quarterly earnings results on Friday, May 1st. The real estate investment trust reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.03. The firm had revenue of $295.41 million for the quarter, compared to the consensus estimate of $291.33 million. Xenia Hotels & Resorts had a net margin of 6.20% and a return on equity of 5.53%. The company’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same period last year, the firm posted $0.51 earnings per share. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. On average, analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.81 EPS for the current year.

Xenia Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend was Tuesday, March 31st. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is currently 80.00%.

Institutional Investors Weigh In On Xenia Hotels & Resorts

Several hedge funds and other institutional investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. increased its position in shares of Xenia Hotels & Resorts by 53.1% during the first quarter. PNC Financial Services Group Inc. now owns 13,623 shares of the real estate investment trust’s stock valued at $202,000 after acquiring an additional 4,724 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Xenia Hotels & Resorts by 0.7% during the first quarter. Dimensional Fund Advisors LP now owns 1,340,418 shares of the real estate investment trust’s stock valued at $19,878,000 after acquiring an additional 8,858 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of Xenia Hotels & Resorts by 40.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,360,082 shares of the real estate investment trust’s stock valued at $19,898,000 after acquiring an additional 390,145 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Xenia Hotels & Resorts during the first quarter valued at about $255,000. Finally, Principal Financial Group Inc. increased its position in shares of Xenia Hotels & Resorts by 26.6% during the first quarter. Principal Financial Group Inc. now owns 572,164 shares of the real estate investment trust’s stock valued at $8,485,000 after acquiring an additional 120,077 shares during the last quarter. 92.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Weiss Ratings raised shares of Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, May 4th. Robert W. Baird set a $17.00 price target on shares of Xenia Hotels & Resorts in a research note on Monday, January 12th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $19.00 price target on shares of Xenia Hotels & Resorts in a research note on Monday, May 4th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $17.33.

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.