James Investment Research Inc. Purchases 3,907 Shares of Xenia Hotels & Resorts, Inc. $XHR

James Investment Research Inc. lifted its position in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 15.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 29,220 shares of the real estate investment trust’s stock after buying an additional 3,907 shares during the period. James Investment Research Inc.’s holdings in Xenia Hotels & Resorts were worth $367,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Allworth Financial LP lifted its stake in shares of Xenia Hotels & Resorts by 231.4% in the first quarter. Allworth Financial LP now owns 2,575 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 1,798 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new position in shares of Xenia Hotels & Resorts in the first quarter worth approximately $68,000. GAMMA Investing LLC raised its holdings in shares of Xenia Hotels & Resorts by 288.8% during the second quarter. GAMMA Investing LLC now owns 6,438 shares of the real estate investment trust’s stock valued at $81,000 after purchasing an additional 4,782 shares during the last quarter. Vestmark Advisory Solutions Inc. raised its holdings in shares of Xenia Hotels & Resorts by 21.0% during the first quarter. Vestmark Advisory Solutions Inc. now owns 13,007 shares of the real estate investment trust’s stock valued at $153,000 after purchasing an additional 2,256 shares during the last quarter. Finally, Mackenzie Financial Corp purchased a new position in shares of Xenia Hotels & Resorts during the first quarter valued at approximately $154,000. Institutional investors own 92.43% of the company’s stock.

Analyst Upgrades and Downgrades

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

Xenia Hotels & Resorts Stock Down 1.3%

Shares of XHR stock opened at $12.84 on Wednesday. Xenia Hotels & Resorts, Inc. has a 12 month low of $8.55 and a 12 month high of $16.50. The stock has a market cap of $1.23 billion, a P/E ratio of 20.37 and a beta of 1.73. 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 50 day simple moving average of $13.80 and a two-hundred day simple moving average of $12.71.

Xenia Hotels & Resorts (NYSE:XHR) last announced its earnings results on Friday, August 1st. The real estate investment trust reported $0.57 EPS for the quarter, beating 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 analysts’ expectations of $273.43 million. During the same period in the prior year, the company earned $0.52 earnings per share. The firm’s revenue was up 5.4% on a year-over-year basis. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.660-1.800 EPS. On average, research analysts expect that Xenia Hotels & Resorts, Inc. will post 1.46 earnings per share for the current year.

Xenia Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Tuesday, September 30th. Xenia Hotels & Resorts’s dividend payout ratio is currently 88.89%.

Xenia Hotels & Resorts 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.