Barry A. N. Bloom Sells 25,000 Shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) Stock

Xenia Hotels & Resorts, Inc. (NYSE:XHRGet Rating) insider Barry A. N. Bloom sold 25,000 shares of the company’s stock in a transaction dated Wednesday, April 13th. The shares were sold at an average price of $19.10, for a total value of $477,500.00. Following the completion of the sale, the insider now directly owns 267,741 shares of the company’s stock, valued at $5,113,853.10. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Shares of XHR stock opened at $19.11 on Friday. The company has a market cap of $2.19 billion, a price-to-earnings ratio of -15.17 and a beta of 1.52. The stock has a 50 day simple moving average of $18.68 and a 200-day simple moving average of $18.06. Xenia Hotels & Resorts, Inc. has a 12-month low of $15.15 and a 12-month high of $21.04. The company has a current ratio of 6.93, a quick ratio of 6.93 and a debt-to-equity ratio of 1.04.

Xenia Hotels & Resorts (NYSE:XHRGet Rating) last issued its earnings results on Tuesday, March 1st. The real estate investment trust reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.35). The business had revenue of $203.60 million for the quarter, compared to analysts’ expectations of $182.89 million. Xenia Hotels & Resorts had a negative return on equity of 9.76% and a negative net margin of 23.29%. The business’s quarterly revenue was up 169.0% on a year-over-year basis. During the same period last year, the company posted ($0.24) earnings per share. On average, equities analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.14 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Norges Bank acquired a new stake in Xenia Hotels & Resorts during the 4th quarter valued at $21,217,000. BlackRock Inc. boosted its holdings in shares of Xenia Hotels & Resorts by 4.0% during the fourth quarter. BlackRock Inc. now owns 22,179,960 shares of the real estate investment trust’s stock worth $401,681,000 after purchasing an additional 851,841 shares during the last quarter. Centersquare Investment Management LLC boosted its holdings in shares of Xenia Hotels & Resorts by 14.5% during the fourth quarter. Centersquare Investment Management LLC now owns 4,935,838 shares of the real estate investment trust’s stock worth $89,389,000 after purchasing an additional 623,300 shares during the last quarter. Long Pond Capital LP acquired a new stake in shares of Xenia Hotels & Resorts during the third quarter worth $9,756,000. Finally, State Street Corp boosted its holdings in shares of Xenia Hotels & Resorts by 7.2% during the fourth quarter. State Street Corp now owns 6,474,957 shares of the real estate investment trust’s stock worth $117,261,000 after purchasing an additional 436,427 shares during the last quarter. 84.31% of the stock is owned by hedge funds and other institutional investors.

XHR has been the subject of a number of research analyst reports. StockNews.com raised Xenia Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Friday, April 8th. TheStreet raised Xenia Hotels & Resorts from a “d+” rating to a “c-” rating in a research report on Thursday, March 3rd. Finally, Zacks Investment Research raised Xenia Hotels & Resorts from a “hold” rating to a “strong-buy” rating and set a $22.00 target price for the company in a research report on Thursday, April 7th. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $21.60.

About Xenia Hotels & Resorts (Get Rating)

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 U.S. lodging markets as well as key leisure destinations in the United States. The Company owns 37 hotels comprising 10,749 rooms across 16 states.

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