Legal & General Group Plc Has $10.50 Million Stock Position in Xenia Hotels & Resorts, Inc. $XHR

Legal & General Group Plc boosted its stake in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 6.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 742,669 shares of the real estate investment trust’s stock after buying an additional 46,951 shares during the period. Legal & General Group Plc’s holdings in Xenia Hotels & Resorts were worth $10,501,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of XHR. Royal Bank of Canada raised its holdings in Xenia Hotels & Resorts by 18.9% during the 1st quarter. Royal Bank of Canada now owns 31,100 shares of the real estate investment trust’s stock worth $366,000 after buying an additional 4,950 shares during the period. AQR Capital Management LLC raised its holdings in Xenia Hotels & Resorts by 75.0% during the 1st quarter. AQR Capital Management LLC now owns 39,894 shares of the real estate investment trust’s stock worth $469,000 after buying an additional 17,097 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Xenia Hotels & Resorts by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,617 shares of the real estate investment trust’s stock worth $713,000 after buying an additional 2,633 shares during the period. Jane Street Group LLC raised its holdings in Xenia Hotels & Resorts by 85.0% during the 1st quarter. Jane Street Group LLC now owns 93,661 shares of the real estate investment trust’s stock worth $1,101,000 after buying an additional 43,026 shares during the period. Finally, Creative Planning acquired a new stake in Xenia Hotels & Resorts during the 2nd quarter worth approximately $230,000. 92.43% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Xenia Hotels & Resorts

In related news, insider Atish Shah sold 120,000 shares of the firm’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $17.00, for a total value of $2,040,000.00. Following the completion of the transaction, the insider directly owned 250,805 shares of the company’s stock, valued at approximately $4,263,685. This trade represents a 32.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 4.40% of the company’s stock.

Xenia Hotels & Resorts Price Performance

NYSE:XHR opened at $17.79 on Thursday. Xenia Hotels & Resorts, Inc. has a 1-year low of $11.75 and a 1-year high of $17.96. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 1.14. The firm has a fifty day simple moving average of $16.14 and a 200 day simple moving average of $15.24. The stock has a market capitalization of $1.64 billion, a PE ratio of 25.41 and a beta of 1.17.

Xenia Hotels & Resorts (NYSE:XHR) last released its 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. Xenia Hotels & Resorts had a net margin of 6.20% and a return on equity of 5.53%. The business had revenue of $295.41 million during the quarter, compared to analysts’ expectations of $291.33 million. During the same period last year, the business earned $0.51 earnings per share. The firm’s revenue was up 2.2% on a year-over-year basis. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. On average, research analysts expect that Xenia Hotels & Resorts, Inc. will post 1.81 EPS for the current fiscal year.

Xenia Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors 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 3.1%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is currently 80.00%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on XHR. Weiss Ratings upgraded shares of Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 4th. Wells Fargo & Company lifted their price objective on shares of Xenia Hotels & Resorts from $16.00 to $18.00 and gave the company an “overweight” rating in a report on Monday. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $19.00 price objective on shares of Xenia Hotels & Resorts in a report on Monday, May 4th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Xenia Hotels & Resorts presently has a consensus rating of “Buy” and an average price target of $18.00.

Xenia Hotels & Resorts Company 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.