33,516 Shares in Xenia Hotels & Resorts, Inc. $XHR Purchased by SG Americas Securities LLC

SG Americas Securities LLC purchased a new position in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 33,516 shares of the real estate investment trust’s stock, valued at approximately $421,000.

Several other hedge funds and other institutional investors have also made changes to their positions in XHR. Woodline Partners LP boosted its holdings in Xenia Hotels & Resorts by 138.9% in the first quarter. Woodline Partners LP now owns 1,650,570 shares of the real estate investment trust’s stock valued at $19,411,000 after purchasing an additional 959,641 shares during the period. Adage Capital Partners GP L.L.C. increased its holdings in Xenia Hotels & Resorts by 1,207.7% during the 1st quarter. Adage Capital Partners GP L.L.C. now owns 650,000 shares of the real estate investment trust’s stock worth $7,644,000 after purchasing an additional 600,294 shares during the period. Nuveen LLC acquired a new stake in Xenia Hotels & Resorts in the 1st quarter valued at about $5,404,000. Millennium Management LLC raised its position in Xenia Hotels & Resorts by 17.8% in the 1st quarter. Millennium Management LLC now owns 2,126,198 shares of the real estate investment trust’s stock valued at $25,004,000 after purchasing an additional 321,343 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Xenia Hotels & Resorts in the 1st quarter valued at about $2,118,000. Hedge funds and other institutional investors own 92.43% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on XHR. BMO Capital Markets raised their target price on shares of Xenia Hotels & Resorts from $15.00 to $16.00 and gave the company an “outperform” rating in a report on Tuesday, September 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Xenia Hotels & Resorts in a research report on Tuesday. Wall Street Zen lowered shares of Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Finally, Wells Fargo & Company upgraded shares of Xenia Hotels & Resorts to a “strong-buy” rating in a research note on Friday, October 3rd. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $13.20.

Xenia Hotels & Resorts Stock Up 0.1%

Shares of NYSE:XHR opened at $14.05 on Friday. The stock has a market cap of $1.33 billion, a P/E ratio of 22.30 and a beta of 1.71. The firm has a fifty day moving average price of $13.44 and a 200 day moving average price of $13.14. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.96 and a quick ratio of 2.96. Xenia Hotels & Resorts, Inc. has a 1-year low of $8.55 and a 1-year high of $16.50.

Xenia Hotels & Resorts (NYSE:XHR) last announced its earnings results on Friday, October 31st. The real estate investment trust reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.39. Xenia Hotels & Resorts had a net margin of 5.86% and a return on equity of 4.95%. The business had revenue of $236.42 million during the quarter, compared to analysts’ expectations of $236.16 million. During the same period in the prior year, the company earned $0.25 earnings per share. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.680-1.76 EPS. Sell-side analysts predict that Xenia Hotels & Resorts, Inc. will post 1.46 EPS for the current year.

Xenia Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $0.56 annualized dividend and a yield of 4.0%. Xenia Hotels & Resorts’s dividend payout ratio is currently 100.00%.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc is a real estate investment trust, which engages in the provision of investment in luxury and upper upscale hotels and resorts. It also owns a diversified portfolio of lodging properties operated by Marriott, Kimpton, Hyatt, Aston, Fairmong, and Loews. The company was founded in 2007 and is headquartered in Orlando, FL.