Koshinski Asset Management Inc. Boosts Stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR)

Koshinski Asset Management Inc. raised its position in Xenia Hotels & Resorts, Inc. (NYSE:XHRFree Report) by 14.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,374 shares of the real estate investment trust’s stock after purchasing an additional 4,462 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Xenia Hotels & Resorts were worth $468,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Xenia Hotels & Resorts by 2.2% in the 3rd quarter. Vanguard Group Inc. now owns 19,789,858 shares of the real estate investment trust’s stock valued at $272,901,000 after buying an additional 426,724 shares during the period. Wellington Management Group LLP boosted its stake in shares of Xenia Hotels & Resorts by 4.6% in the third quarter. Wellington Management Group LLP now owns 9,858,393 shares of the real estate investment trust’s stock valued at $116,132,000 after purchasing an additional 435,427 shares during the period. State Street Corp grew its holdings in shares of Xenia Hotels & Resorts by 0.3% in the second quarter. State Street Corp now owns 7,321,885 shares of the real estate investment trust’s stock valued at $106,387,000 after purchasing an additional 18,499 shares in the last quarter. Centersquare Investment Management LLC increased its stake in Xenia Hotels & Resorts by 20.1% during the 1st quarter. Centersquare Investment Management LLC now owns 5,929,628 shares of the real estate investment trust’s stock worth $114,382,000 after buying an additional 993,790 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in Xenia Hotels & Resorts by 2.7% during the 1st quarter. Geode Capital Management LLC now owns 2,421,364 shares of the real estate investment trust’s stock worth $31,696,000 after buying an additional 63,476 shares in the last quarter. 92.43% of the stock is currently owned by institutional investors and hedge funds.

Xenia Hotels & Resorts Trading Down 1.1 %

NYSE:XHR opened at $14.85 on Monday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 2.50 and a current ratio of 2.50. Xenia Hotels & Resorts, Inc. has a 1 year low of $10.90 and a 1 year high of $15.84. The stock has a market cap of $1.51 billion, a P/E ratio of 87.35 and a beta of 1.45. The stock has a 50-day simple moving average of $14.46 and a 200-day simple moving average of $13.26.

Xenia Hotels & Resorts (NYSE:XHRGet Free Report) last announced its quarterly earnings results on Tuesday, February 27th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.28). Xenia Hotels & Resorts had a net margin of 1.87% and a return on equity of 1.75%. The business had revenue of $253.38 million during the quarter, compared to analyst estimates of $253.00 million. As a group, analysts anticipate that Xenia Hotels & Resorts, Inc. will post 1.55 earnings per share for the current fiscal year.

Xenia Hotels & Resorts Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Thursday, March 28th will be paid a dividend of $0.12 per share. This is a positive change from Xenia Hotels & Resorts’s previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a yield of 3.23%. The ex-dividend date of this dividend is Wednesday, March 27th. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is currently 282.35%.

Analysts Set New Price Targets

Several research firms have commented on XHR. StockNews.com downgraded shares of Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Thursday. Jefferies Financial Group raised Xenia Hotels & Resorts from a “hold” rating to a “buy” rating and boosted their target price for the stock from $14.00 to $18.00 in a research note on Thursday, February 29th. B. Riley reaffirmed a “neutral” rating and issued a $17.00 price target (up previously from $16.00) on shares of Xenia Hotels & Resorts in a research report on Monday, March 4th. Wells Fargo & Company lifted their price objective on Xenia Hotels & Resorts from $14.00 to $15.50 and gave the company an “equal weight” rating in a research note on Thursday, March 21st. Finally, Wolfe Research began coverage on shares of Xenia Hotels & Resorts in a research note on Wednesday, January 10th. They set a “peer perform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $15.70.

Get Our Latest Report on XHR

Xenia Hotels & Resorts Company Profile

(Free Report)

Xenia Hotels & Resorts, Inc is a self-advised and self-administered REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts with a focus on the top 25 lodging markets as well as key leisure destinations in the United States. The Company owns 32 hotels and resorts comprising 9,511 rooms across 14 states.

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Institutional Ownership by Quarter for Xenia Hotels & Resorts (NYSE:XHR)

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