Shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR – Get Free Report) reached a new 52-week high on Monday . The company traded as high as $16.48 and last traded at $16.4390, with a volume of 335848 shares. The stock had previously closed at $16.25.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on XHR. Weiss Ratings raised Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 27th. Robert W. Baird set a $17.00 price objective on Xenia Hotels & Resorts in a report on Monday, January 12th. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $14.50.
View Our Latest Stock Report on Xenia Hotels & Resorts
Xenia Hotels & Resorts Stock Up 1.2%
Xenia Hotels & Resorts (NYSE:XHR – Get Free Report) last posted its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.41. The business had revenue of $265.58 million during the quarter, compared to the consensus estimate of $264.77 million. Xenia Hotels & Resorts had a net margin of 5.85% and a return on equity of 5.13%. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.39 earnings per share. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.78-1.990 EPS.
Xenia Hotels & Resorts Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a dividend of $0.14 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.56 annualized dividend and a yield of 3.4%. Xenia Hotels & Resorts’s payout ratio is presently 87.50%.
Insider Buying and Selling
In related news, insider Barry A. N. Bloom sold 151,909 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $15.73, for a total transaction of $2,389,528.57. Following the sale, the insider owned 15,233 shares of the company’s stock, valued at $239,615.09. The trade was a 90.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 4.40% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of XHR. Salomon & Ludwin LLC grew its holdings in Xenia Hotels & Resorts by 114.1% during the third quarter. Salomon & Ludwin LLC now owns 2,085 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 1,111 shares during the period. MAI Capital Management grew its holdings in Xenia Hotels & Resorts by 475.6% during the third quarter. MAI Capital Management now owns 2,026 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 1,674 shares during the period. Transamerica Financial Advisors LLC grew its holdings in Xenia Hotels & Resorts by 459.8% during the fourth quarter. Transamerica Financial Advisors LLC now owns 1,948 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 1,600 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Xenia Hotels & Resorts during the fourth quarter worth about $33,000. Finally, Harbor Capital Advisors Inc. grew its holdings in Xenia Hotels & Resorts by 152.3% during the fourth quarter. Harbor Capital Advisors Inc. now owns 3,017 shares of the real estate investment trust’s stock worth $43,000 after acquiring an additional 1,821 shares during the period. 92.43% of the stock is owned by institutional investors and hedge funds.
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.
Featured Stories
Receive News & Ratings for Xenia Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xenia Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.
