Xenia Hotels & Resorts, Inc. $XHR Shares Purchased by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC increased its holdings in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 3.3% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 307,496 shares of the real estate investment trust’s stock after purchasing an additional 9,869 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Xenia Hotels & Resorts were worth $3,865,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of XHR. Wealth Enhancement Advisory Services LLC increased its position in Xenia Hotels & Resorts by 11.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 19,631 shares of the real estate investment trust’s stock worth $231,000 after purchasing an additional 1,943 shares in the last quarter. Oppenheimer Asset Management Inc. grew its position in Xenia Hotels & Resorts by 4.3% in the first quarter. Oppenheimer Asset Management Inc. now owns 31,900 shares of the real estate investment trust’s stock valued at $375,000 after acquiring an additional 1,327 shares in the last quarter. Asset Management One Co. Ltd. grew its position in Xenia Hotels & Resorts by 0.8% in the first quarter. Asset Management One Co. Ltd. now owns 153,705 shares of the real estate investment trust’s stock valued at $1,808,000 after acquiring an additional 1,204 shares in the last quarter. Illinois Municipal Retirement Fund grew its position in Xenia Hotels & Resorts by 3.9% in the first quarter. Illinois Municipal Retirement Fund now owns 54,016 shares of the real estate investment trust’s stock valued at $635,000 after acquiring an additional 2,043 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its position in Xenia Hotels & Resorts by 39.2% in the first quarter. Allspring Global Investments Holdings LLC now owns 320,979 shares of the real estate investment trust’s stock valued at $3,775,000 after acquiring an additional 90,405 shares in the last quarter. Institutional investors and hedge funds own 92.43% of the company’s stock.

Xenia Hotels & Resorts Stock Down 2.0%

XHR stock opened at $13.19 on Friday. Xenia Hotels & Resorts, Inc. has a twelve month low of $8.55 and a twelve month high of $16.50. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $1.26 billion, a P/E ratio of 20.93 and a beta of 1.73. The firm has a 50 day simple moving average of $13.81 and a 200-day simple moving average of $12.61.

Xenia Hotels & Resorts (NYSE:XHR) last released its quarterly earnings results on Friday, August 1st. The real estate investment trust reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.14. Xenia Hotels & Resorts had a net margin of 5.86% and a return on equity of 4.95%. The business had revenue of $287.58 million during the quarter, compared to the consensus estimate of $273.43 million. During the same quarter last year, the company earned $0.52 earnings per share. The business’s quarterly revenue was up 5.4% compared to the same quarter last year. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.660-1.800 EPS. On average, equities research analysts predict that Xenia Hotels & Resorts, Inc. will post 1.46 earnings per share for the current fiscal year.

Xenia Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.2%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is presently 88.89%.

Analyst Upgrades and Downgrades

XHR has been the subject of several recent research reports. Wells Fargo & Company raised shares of Xenia Hotels & Resorts to a “strong-buy” rating in a research report on Friday, October 3rd. BMO Capital Markets increased their price objective on shares of Xenia Hotels & Resorts from $15.00 to $16.00 and gave the company an “outperform” rating in a research report on Tuesday, September 2nd. Wall Street Zen downgraded shares of Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Saturday, August 2nd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Xenia Hotels & Resorts in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $13.20.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc is a real estate investment trust, which engages in the provision of investment in 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.