Mitsubishi UFJ Asset Management Co. Ltd. Invests $1.64 Million in Xenia Hotels & Resorts, Inc. $XHR

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 80,376 shares of the real estate investment trust’s stock, valued at approximately $1,636,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of XHR. Illinois Municipal Retirement Fund grew its stake in Xenia Hotels & Resorts by 1.5% during the 4th quarter. Illinois Municipal Retirement Fund now owns 51,703 shares of the real estate investment trust’s stock worth $731,000 after purchasing an additional 761 shares in the last quarter. Deutsche Bank AG increased its holdings in Xenia Hotels & Resorts by 0.6% during the 4th quarter. Deutsche Bank AG now owns 131,208 shares of the real estate investment trust’s stock worth $1,855,000 after purchasing an additional 803 shares during the period. Price T Rowe Associates Inc. MD raised its position in Xenia Hotels & Resorts by 0.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 97,098 shares of the real estate investment trust’s stock valued at $1,373,000 after purchasing an additional 875 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of Xenia Hotels & Resorts by 3.3% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 31,639 shares of the real estate investment trust’s stock valued at $447,000 after buying an additional 1,004 shares during the period. Finally, CWM LLC grew its position in shares of Xenia Hotels & Resorts by 5.1% during the fourth quarter. CWM LLC now owns 21,491 shares of the real estate investment trust’s stock worth $304,000 after buying an additional 1,049 shares in the last quarter. 92.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on XHR. BMO Capital Markets reaffirmed an “outperform” rating and issued a $21.00 target price on shares of Xenia Hotels & Resorts in a report on Friday, June 12th. Weiss Ratings lowered shares of Xenia Hotels & Resorts from a “hold (c+)” rating to a “hold (c-)” rating in a report on Thursday, August 13th. KeyCorp lifted their price objective on shares of Xenia Hotels & Resorts from $16.00 to $21.00 and gave the stock an “overweight” rating in a research report on Thursday, June 11th. Finally, Wells Fargo & Company boosted their target price on shares of Xenia Hotels & Resorts from $18.00 to $22.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $20.25.

Xenia Hotels & Resorts Trading Up 0.1%

XHR opened at $19.40 on Friday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.47 and a current ratio of 2.47. Xenia Hotels & Resorts, Inc. has a one year low of $11.75 and a one year high of $22.06. The company has a market cap of $1.79 billion, a P/E ratio of -277.10 and a beta of 1.15. The business’s 50-day simple moving average is $20.16 and its 200-day simple moving average is $17.45.

Xenia Hotels & Resorts (NYSE:XHR) last posted its earnings results on Thursday, July 30th. The real estate investment trust reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.37. The firm had revenue of $295.49 million during the quarter, compared to analysts’ expectations of $302.39 million. Xenia Hotels & Resorts had a negative return on equity of 0.61% and a negative net margin of 0.66%.The firm’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.57 earnings per share. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.960-2.080 EPS. As a group, equities research analysts expect that Xenia Hotels & Resorts, Inc. will post 1.89 EPS for the current fiscal year.

Xenia Hotels & Resorts Profile

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.