Systematic Financial Management LP Has $1.64 Million Position in Xenia Hotels & Resorts, Inc. (XHR)

Systematic Financial Management LP reduced its position in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 18.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 77,810 shares of the real estate investment trust’s stock after selling 18,070 shares during the period. Systematic Financial Management LP owned about 0.07% of Xenia Hotels & Resorts worth $1,638,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MPS Loria Financial Planners LLC acquired a new position in shares of Xenia Hotels & Resorts in the 2nd quarter valued at $111,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Xenia Hotels & Resorts by 8.2% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,568 shares of the real estate investment trust’s stock worth $147,000 after acquiring an additional 571 shares during the period. New York State Teachers Retirement System acquired a new position in Xenia Hotels & Resorts during the first quarter worth $154,000. GAM Holding AG raised its position in Xenia Hotels & Resorts by 1.1% during the second quarter. GAM Holding AG now owns 9,100 shares of the real estate investment trust’s stock worth $176,000 after acquiring an additional 100 shares during the period. Finally, Ameritas Investment Partners Inc. raised its position in Xenia Hotels & Resorts by 5.8% during the second quarter. Ameritas Investment Partners Inc. now owns 9,452 shares of the real estate investment trust’s stock worth $183,000 after acquiring an additional 517 shares during the period. Hedge funds and other institutional investors own 68.10% of the company’s stock.

A number of research firms have weighed in on XHR. TheStreet upgraded shares of Xenia Hotels & Resorts from a “c+” rating to a “b-” rating in a research report on Wednesday, October 11th. B. Riley restated a “hold” rating and set a $23.00 price objective on shares of Xenia Hotels & Resorts in a research report on Thursday, November 9th. FBR & Co began coverage on shares of Xenia Hotels & Resorts in a research report on Friday, October 27th. They set a “neutral” rating and a $23.00 price objective for the company. Wells Fargo & Company upped their price objective on shares of Xenia Hotels & Resorts from $19.50 to $20.00 and gave the stock an “outperform” rating in a research report on Friday, October 6th. Finally, ValuEngine upgraded shares of Xenia Hotels & Resorts from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 6th. Three analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $21.86.

Xenia Hotels & Resorts, Inc. (NYSE XHR) traded up $0.07 during trading on Monday, hitting $21.90. 145,000 shares of the stock were exchanged, compared to its average volume of 520,432. Xenia Hotels & Resorts, Inc. has a fifty-two week low of $16.21 and a fifty-two week high of $22.30. The stock has a market capitalization of $2,337.39, a price-to-earnings ratio of 10.53, a price-to-earnings-growth ratio of 2.29 and a beta of 0.81. The company has a debt-to-equity ratio of 0.78, a current ratio of 6.86 and a quick ratio of 6.86.

Xenia Hotels & Resorts (NYSE:XHR) last released its earnings results on Tuesday, November 7th. The real estate investment trust reported $0.50 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.38. Xenia Hotels & Resorts had a net margin of 15.23% and a return on equity of 8.34%. The business had revenue of $223.28 million during the quarter, compared to analyst estimates of $219.67 million. During the same quarter in the prior year, the firm earned $0.57 earnings per share. The company’s revenue for the quarter was down 4.6% compared to the same quarter last year. equities analysts expect that Xenia Hotels & Resorts, Inc. will post 1.92 EPS for the current fiscal year.

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Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc (Xenia) is a self-advised and self-administered real estate investment trust (REIT). The Company invests in premium full service, lifestyle and urban upscale hotels, with a focus on var ious markets, as well as leisure destinations in the United States. As of October 4, 2017, the Company owned 39 hotels, 37 of which are completely owned, comprising 11,533 rooms, across 18 states and the District of Columbia, including a majority interest in two hotels owned through two investments in real estate entities.

Institutional Ownership by Quarter for Xenia Hotels & Resorts (NYSE:XHR)

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