Great Lakes Advisors LLC Buys New Position in Xenia Hotels & Resorts, Inc. $XHR

Great Lakes Advisors LLC acquired a new position in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) in the second quarter, Holdings Channel.com reports. The fund acquired 78,538 shares of the real estate investment trust’s stock, valued at approximately $1,599,000.

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

Xenia Hotels & Resorts Trading Up 0.1%

Shares of NYSE:XHR opened at $19.40 on Friday. The stock’s fifty day moving average price is $20.16 and its 200-day moving average price is $17.45. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.47 and a quick ratio of 2.47. The company has a market cap of $1.79 billion, a P/E ratio of -277.10 and a beta of 1.15. Xenia Hotels & Resorts, Inc. has a 1 year low of $11.75 and a 1 year high of $22.06.

Xenia Hotels & Resorts (NYSE:XHR) last released its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.61 earnings per share for the quarter, beating 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 net margin of 0.66% and a negative return on equity of 0.61%. The firm’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.57 earnings per share. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.960-2.080 EPS. Sell-side analysts expect that Xenia Hotels & Resorts, Inc. will post 1.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

XHR has been the topic of several recent research reports. BMO Capital Markets restated an “outperform” rating and set a $21.00 price target on shares of Xenia Hotels & Resorts in a research report on Friday, June 12th. Wells Fargo & Company increased their price objective on Xenia Hotels & Resorts from $18.00 to $22.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. KeyCorp raised their target price 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, Weiss Ratings lowered Xenia Hotels & Resorts from a “hold (c+)” rating to a “hold (c-)” rating in a research report on Thursday, August 13th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Xenia Hotels & Resorts has a consensus rating of “Moderate Buy” and a consensus price target of $20.25.

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.