Sterling Capital Management LLC Has $41,000 Stake in Xenia Hotels & Resorts, Inc. $XHR

Sterling Capital Management LLC lowered its stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 91.6% in the 1st quarter, HoldingsChannel.com reports. The fund owned 2,771 shares of the real estate investment trust’s stock after selling 30,276 shares during the quarter. Sterling Capital Management LLC’s holdings in Xenia Hotels & Resorts were worth $41,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of XHR. Wellington Management Group LLP grew its holdings in Xenia Hotels & Resorts by 3.1% in the third quarter. Wellington Management Group LLP now owns 9,044,142 shares of the real estate investment trust’s stock worth $124,086,000 after purchasing an additional 273,876 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in shares of Xenia Hotels & Resorts by 30.6% during the third quarter. Arrowstreet Capital Limited Partnership now owns 2,704,360 shares of the real estate investment trust’s stock valued at $37,104,000 after purchasing an additional 633,820 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Xenia Hotels & Resorts by 2.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,345,600 shares of the real estate investment trust’s stock worth $33,167,000 after purchasing an additional 49,979 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Xenia Hotels & Resorts by 3.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,276,448 shares of the real estate investment trust’s stock valued at $31,233,000 after buying an additional 79,685 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in Xenia Hotels & Resorts by 2.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,374,459 shares of the real estate investment trust’s stock valued at $18,859,000 after buying an additional 32,635 shares in the last quarter. Institutional investors and hedge funds own 92.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on XHR shares. KeyCorp increased their price target on Xenia Hotels & Resorts from $16.00 to $21.00 and gave the stock an “overweight” rating in a report on Thursday, June 11th. Wells Fargo & Company boosted their price objective on Xenia Hotels & Resorts from $16.00 to $18.00 and gave the company an “overweight” rating in a report on Monday, June 1st. BMO Capital Markets reaffirmed an “outperform” rating and set a $21.00 target price on shares of Xenia Hotels & Resorts in a research report on Friday, June 12th. Finally, Weiss Ratings cut Xenia Hotels & Resorts from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 23rd. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Xenia Hotels & Resorts has a consensus rating of “Moderate Buy” and an average price target of $19.25.

Insider Buying and Selling at Xenia Hotels & Resorts

In other news, insider Atish Shah sold 120,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $17.00, for a total value of $2,040,000.00. Following the transaction, the insider owned 250,805 shares in the company, valued at $4,263,685. This trade represents a 32.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 4.40% of the stock is owned by corporate insiders.

Xenia Hotels & Resorts Trading Down 0.0%

NYSE:XHR opened at $20.16 on Friday. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.05 and a quick ratio of 2.05. The firm has a 50-day moving average of $18.42 and a 200-day moving average of $16.30. The company has a market cap of $1.86 billion, a PE ratio of 28.80 and a beta of 1.14. Xenia Hotels & Resorts, Inc. has a one year low of $11.75 and a one year high of $20.83.

Xenia Hotels & Resorts (NYSE:XHR) last announced its quarterly earnings results on Friday, May 1st. The real estate investment trust reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.03. The business had revenue of $295.41 million for the quarter, compared to analysts’ expectations of $291.33 million. Xenia Hotels & Resorts had a net margin of 6.20% and a return on equity of 5.53%. The firm’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.51 EPS. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. As a group, equities research analysts expect that Xenia Hotels & Resorts, Inc. will post 1.81 EPS for the current fiscal year.

Xenia Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a $0.14 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.56 annualized dividend and a dividend yield of 2.8%. Xenia Hotels & Resorts’s dividend payout ratio is 80.00%.

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.