Two Sigma Securities LLC Purchases Shares of 11,768 Xenia Hotels & Resorts, Inc. (NYSE:XHR)

Two Sigma Securities LLC acquired a new stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,768 shares of the real estate investment trust’s stock, valued at approximately $175,000.

Several other institutional investors have also recently modified their holdings of XHR. Barclays PLC raised its position in Xenia Hotels & Resorts by 295.7% during the 3rd quarter. Barclays PLC now owns 173,062 shares of the real estate investment trust’s stock worth $2,555,000 after buying an additional 129,328 shares during the last quarter. Franklin Resources Inc. lifted its position in Xenia Hotels & Resorts by 4.1% during the third quarter. Franklin Resources Inc. now owns 78,864 shares of the real estate investment trust’s stock valued at $1,173,000 after purchasing an additional 3,101 shares during the period. JPMorgan Chase & Co. lifted its position in Xenia Hotels & Resorts by 2.5% during the third quarter. JPMorgan Chase & Co. now owns 1,662,495 shares of the real estate investment trust’s stock valued at $24,555,000 after purchasing an additional 40,807 shares during the period. Nordea Investment Management AB boosted its holdings in Xenia Hotels & Resorts by 2.0% in the fourth quarter. Nordea Investment Management AB now owns 106,400 shares of the real estate investment trust’s stock valued at $1,599,000 after purchasing an additional 2,072 shares during the last quarter. Finally, Diversified Trust Co grew its position in Xenia Hotels & Resorts by 10.1% during the 4th quarter. Diversified Trust Co now owns 35,194 shares of the real estate investment trust’s stock worth $523,000 after purchasing an additional 3,229 shares during the period. 92.43% of the stock is currently owned by hedge funds and other institutional investors.

Xenia Hotels & Resorts Stock Up 1.5 %

Shares of XHR opened at $10.84 on Friday. The stock has a 50 day moving average price of $11.50 and a 200 day moving average price of $13.79. The company has a debt-to-equity ratio of 1.07, a quick ratio of 2.20 and a current ratio of 2.20. The stock has a market capitalization of $1.10 billion, a price-to-earnings ratio of 47.11 and a beta of 1.38. Xenia Hotels & Resorts, Inc. has a one year low of $8.55 and a one year high of $16.50.

Xenia Hotels & Resorts (NYSE:XHR) last posted its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.34. The firm had revenue of $261.80 million for the quarter, compared to the consensus estimate of $263.47 million. Xenia Hotels & Resorts had a net margin of 2.37% and a return on equity of 1.86%. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same period last year, the firm posted $0.41 earnings per share. Equities research analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.46 earnings per share for the current fiscal year.

Xenia Hotels & Resorts Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were issued a $0.14 dividend. This is a boost from Xenia Hotels & Resorts’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a yield of 5.17%. The ex-dividend date of this dividend was Monday, March 31st. Xenia Hotels & Resorts’s dividend payout ratio is presently 373.33%.

Analyst Ratings Changes

XHR has been the topic of several analyst reports. StockNews.com lowered Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Wednesday, April 2nd. KeyCorp decreased their target price on shares of Xenia Hotels & Resorts from $17.00 to $16.00 and set an “overweight” rating for the company in a research note on Monday, March 24th. Jefferies Financial Group cut shares of Xenia Hotels & Resorts from a “buy” rating to a “hold” rating and cut their price objective for the company from $18.00 to $10.00 in a report on Wednesday, April 9th. Wells Fargo & Company cut their price objective on Xenia Hotels & Resorts from $18.00 to $17.00 and set an “overweight” rating for the company in a research report on Tuesday, February 18th. Finally, Morgan Stanley cut their price target on shares of Xenia Hotels & Resorts from $11.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday, April 22nd. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Xenia Hotels & Resorts has an average rating of “Hold” and an average target price of $13.50.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc is a real estate investment trust, which engages in the investment of luxury and upper upscale hotels and resorts. It also owns a diversified portfolio of lodging properties operated by Marriott, Kimpton, Hyatt, Aston, Fairmong, and Loews. The company was founded in 2007 and is headquartered in Orlando, FL.