Xenia Hotels & Resorts (NYSE:XHR) Reaches New 12-Month High – Should You Buy?

Xenia Hotels & Resorts, Inc. (NYSE:XHRGet Free Report) hit a new 52-week high on Wednesday . The company traded as high as $19.75 and last traded at $19.7660, with a volume of 25614 shares traded. The stock had previously closed at $19.60.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on XHR shares. Wells Fargo & Company lifted their target price on Xenia Hotels & Resorts from $16.00 to $18.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. 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. 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, BMO Capital Markets reiterated an “outperform” rating and set a $21.00 price objective on shares of Xenia Hotels & Resorts in a research note on Friday. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $19.25.

Get Our Latest Research Report on XHR

Xenia Hotels & Resorts Trading Up 0.7%

The stock’s fifty day simple moving average is $16.86 and its 200-day simple moving average is $15.56. 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 market cap of $1.82 billion, a PE ratio of 28.24 and a beta of 1.17.

Xenia Hotels & Resorts (NYSE:XHRGet Free Report) last announced its quarterly earnings data on Friday, May 1st. The real estate investment trust reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.03. The firm had revenue of $295.41 million for the quarter, compared to analyst estimates of $291.33 million. Xenia Hotels & Resorts had a net margin of 6.20% and a return on equity of 5.53%. The business’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.51 earnings per share. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. On average, sell-side analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.81 earnings per share for the current year.

Xenia Hotels & Resorts Dividend Announcement

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

Insider Activity

In other news, insider Atish Shah sold 120,000 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the insider directly 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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. 4.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Xenia Hotels & Resorts

Several hedge funds and other institutional investors have recently bought and sold shares of XHR. Transamerica Financial Advisors LLC lifted its stake in Xenia Hotels & Resorts by 459.8% during the 4th quarter. Transamerica Financial Advisors LLC now owns 1,948 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 1,600 shares during the period. MAI Capital Management increased its stake in shares of Xenia Hotels & Resorts by 475.6% in 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. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Xenia Hotels & Resorts during the fourth quarter worth $33,000. Harbor Capital Advisors Inc. lifted its position 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 valued at $43,000 after purchasing an additional 1,821 shares during the period. Finally, Mcguire Capital Advisors Inc. acquired a new position in Xenia Hotels & Resorts during the fourth quarter valued at $55,000. Institutional investors and hedge funds own 92.43% of the company’s stock.

About Xenia Hotels & Resorts

(Get Free Report)

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.

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