The Manufacturers Life Insurance Company Buys Shares of 37,546 Xenia Hotels & Resorts, Inc. $XHR

The Manufacturers Life Insurance Company purchased a new position in Xenia Hotels & Resorts, Inc. (NYSE:XHR) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 37,546 shares of the real estate investment trust’s stock, valued at approximately $764,000.

Other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in Xenia Hotels & Resorts in the second quarter worth about $348,760,000. Wellington Management Group LLP boosted its holdings in shares of Xenia Hotels & Resorts by 3.1% in the 3rd quarter. Wellington Management Group LLP now owns 9,044,142 shares of the real estate investment trust’s stock valued at $124,086,000 after buying an additional 273,876 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Xenia Hotels & Resorts by 30.6% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,704,360 shares of the real estate investment trust’s stock valued at $37,104,000 after buying an additional 633,820 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Xenia Hotels & Resorts by 2.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,345,600 shares of the real estate investment trust’s stock worth $33,167,000 after buying an additional 49,979 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of Xenia Hotels & Resorts by 2.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,374,459 shares of the real estate investment trust’s stock worth $18,859,000 after buying an additional 32,635 shares during the last quarter. Institutional investors own 92.43% of the company’s stock.

Xenia Hotels & Resorts Stock Down 0.9%

XHR stock opened at $17.99 on Friday. The stock has a market capitalization of $1.66 billion, a PE ratio of -256.96 and a beta of 1.14. Xenia Hotels & Resorts, Inc. has a 52 week low of $11.75 and a 52 week high of $22.06. The company has a quick ratio of 2.47, a current ratio of 2.47 and a debt-to-equity ratio of 1.17. The firm has a 50 day moving average of $19.95 and a 200 day moving average of $17.69.

Xenia Hotels & Resorts (NYSE:XHR) last posted its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.37. Xenia Hotels & Resorts had a negative net margin of 0.66% and a negative return on equity of 0.61%. The business had revenue of $295.49 million during the quarter, compared to analysts’ expectations of $302.39 million. During the same quarter last year, the company posted $0.57 earnings per share. The business’s quarterly revenue was up 2.7% on a year-over-year basis. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.960-2.080 EPS. Sell-side analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.89 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Wells Fargo & Company increased their target price on shares of Xenia Hotels & Resorts from $18.00 to $22.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. KeyCorp upped their price target on Xenia Hotels & Resorts from $16.00 to $21.00 and gave the stock an “overweight” rating in a research report on Thursday, June 11th. BMO Capital Markets cut Xenia Hotels & Resorts from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from $22.00 to $20.50 in a research report on Tuesday. 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. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $20.12.

About Xenia Hotels & Resorts

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.