Intech Investment Management LLC Cuts Stock Holdings in Xenia Hotels & Resorts, Inc. $XHR

Intech Investment Management LLC lowered its position in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 10.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,850 shares of the real estate investment trust’s stock after selling 5,491 shares during the period. Intech Investment Management LLC owned about 0.05% of Xenia Hotels & Resorts worth $614,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Creative Planning acquired a new stake in shares of Xenia Hotels & Resorts in the 2nd quarter valued at approximately $230,000. SG Americas Securities LLC acquired a new position in Xenia Hotels & Resorts during the second quarter worth $421,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in Xenia Hotels & Resorts by 1.7% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 58,312 shares of the real estate investment trust’s stock worth $733,000 after acquiring an additional 975 shares in the last quarter. Police & Firemen s Retirement System of New Jersey lifted its holdings in Xenia Hotels & Resorts by 12.1% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 23,416 shares of the real estate investment trust’s stock valued at $294,000 after acquiring an additional 2,533 shares during the period. Finally, PNC Financial Services Group Inc. lifted its holdings in Xenia Hotels & Resorts by 79.2% in the second quarter. PNC Financial Services Group Inc. now owns 8,557 shares of the real estate investment trust’s stock valued at $108,000 after acquiring an additional 3,782 shares during the period. Institutional investors and hedge funds own 92.43% of the company’s stock.

Xenia Hotels & Resorts Stock Performance

Shares of XHR opened at $14.05 on Friday. Xenia Hotels & Resorts, Inc. has a 12-month low of $8.55 and a 12-month high of $16.50. The stock has a market cap of $1.33 billion, a P/E ratio of 22.30 and a beta of 1.71. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.13. The company has a 50-day moving average of $13.44 and a two-hundred day moving average of $13.14.

Xenia Hotels & Resorts (NYSE:XHR) last released its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $0.23 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $236.16 million. During the same period in the prior year, the business earned $0.25 earnings per share. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.680-1.76 EPS. As a group, research analysts predict that Xenia Hotels & Resorts, Inc. will post 1.46 EPS for the current fiscal year.

Xenia Hotels & Resorts Dividend Announcement

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

Analyst Upgrades and Downgrades

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

Xenia Hotels & Resorts 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.