Mutual of America Capital Management LLC Has $4.43 Million Stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR)

Mutual of America Capital Management LLC lowered its position in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 0.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 298,224 shares of the real estate investment trust’s stock after selling 1,241 shares during the period. Mutual of America Capital Management LLC owned about 0.29% of Xenia Hotels & Resorts worth $4,432,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Loomis Sayles & Co. L P boosted its stake in shares of Xenia Hotels & Resorts by 3,146.0% during the third quarter. Loomis Sayles & Co. L P now owns 2,045 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 1,982 shares in the last quarter. Fifth Third Bancorp boosted its position in Xenia Hotels & Resorts by 2,492.9% during the 4th quarter. Fifth Third Bancorp now owns 2,541 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 2,443 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in Xenia Hotels & Resorts by 34.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,958 shares of the real estate investment trust’s stock worth $60,000 after acquiring an additional 1,023 shares during the last quarter. KBC Group NV increased its position in Xenia Hotels & Resorts by 67.1% in the 4th quarter. KBC Group NV now owns 6,365 shares of the real estate investment trust’s stock valued at $95,000 after acquiring an additional 2,557 shares during the period. Finally, IFP Advisors Inc raised its stake in shares of Xenia Hotels & Resorts by 16.5% during the fourth quarter. IFP Advisors Inc now owns 8,817 shares of the real estate investment trust’s stock valued at $131,000 after acquiring an additional 1,250 shares during the last quarter. Institutional investors and hedge funds own 92.43% of the company’s stock.

Xenia Hotels & Resorts Price Performance

XHR stock opened at $13.19 on Wednesday. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 1.07. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 57.33 and a beta of 1.47. The company’s fifty day simple moving average is $14.63 and its 200 day simple moving average is $14.70. Xenia Hotels & Resorts, Inc. has a 12-month low of $12.34 and a 12-month high of $16.50.

Xenia Hotels & Resorts (NYSE:XHR) last announced its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.34. Xenia Hotels & Resorts had a return on equity of 1.86% and a net margin of 2.37%. The company had revenue of $261.80 million for the quarter, compared to the consensus estimate of $263.47 million. During the same period in the previous year, the business earned $0.41 EPS. The firm’s revenue was up 3.3% compared to the same quarter last year. On average, analysts expect that Xenia Hotels & Resorts, Inc. will post 1.46 earnings per share for the current year.

Xenia Hotels & Resorts Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.25%. This is a boost from Xenia Hotels & Resorts’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Monday, March 31st. Xenia Hotels & Resorts’s dividend payout ratio is presently 373.33%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on XHR. Wells Fargo & Company reduced their price objective on shares of Xenia Hotels & Resorts from $18.00 to $17.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 18th. StockNews.com upgraded Xenia Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Thursday, February 27th. Finally, Jefferies Financial Group raised their price objective on Xenia Hotels & Resorts from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Thursday, January 2nd. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $17.38.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc is a real estate investment trust, which engages in the investment of 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.