Xenia Hotels & Resorts, Inc. (NYSE:XHR) Shares Purchased by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. boosted its holdings in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 14.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 34,374 shares of the real estate investment trust’s stock after buying an additional 4,462 shares during the period. Koshinski Asset Management Inc.’s holdings in Xenia Hotels & Resorts were worth $468,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XHR. Lazard Asset Management LLC purchased a new position in shares of Xenia Hotels & Resorts during the 2nd quarter worth about $30,000. Tower Research Capital LLC TRC raised its stake in Xenia Hotels & Resorts by 258.7% during the first quarter. Tower Research Capital LLC TRC now owns 4,283 shares of the real estate investment trust’s stock worth $56,000 after purchasing an additional 3,089 shares during the period. International Assets Investment Management LLC boosted its holdings in shares of Xenia Hotels & Resorts by 1,274.0% in the 4th quarter. International Assets Investment Management LLC now owns 4,919 shares of the real estate investment trust’s stock valued at $67,000 after purchasing an additional 4,561 shares during the last quarter. Tennessee Valley Asset Management Partners acquired a new position in shares of Xenia Hotels & Resorts in the 4th quarter valued at $74,000. Finally, Point72 Hong Kong Ltd purchased a new stake in shares of Xenia Hotels & Resorts during the 2nd quarter valued at $76,000. Hedge funds and other institutional investors own 92.43% of the company’s stock.

Xenia Hotels & Resorts Stock Performance

Shares of NYSE:XHR opened at $14.85 on Monday. The business’s 50-day simple moving average is $14.46 and its 200 day simple moving average is $13.26. The company has a market cap of $1.51 billion, a P/E ratio of 87.35 and a beta of 1.45. 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 one year low of $10.90 and a one year high of $15.84.

Xenia Hotels & Resorts (NYSE:XHR) last issued its quarterly earnings data on Tuesday, February 27th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $253.38 million during the quarter, compared to analyst estimates of $253.00 million. On average, sell-side analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.55 earnings per share for the current fiscal year.

Xenia Hotels & Resorts Increases Dividend

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

Analyst Ratings Changes

XHR has been the topic of several research reports. KeyCorp increased their target price on Xenia Hotels & Resorts from $15.00 to $17.00 and gave the stock an “overweight” rating in a research report on Friday, April 5th. B. Riley restated a “neutral” rating and issued a $17.00 price objective (up from $16.00) on shares of Xenia Hotels & Resorts in a report on Monday, March 4th. Wolfe Research initiated coverage on Xenia Hotels & Resorts in a report on Wednesday, January 10th. They set a “peer perform” rating for the company. Jefferies Financial Group upgraded shares of Xenia Hotels & Resorts from a “hold” rating to a “buy” rating and raised their price target for the company from $14.00 to $18.00 in a report on Thursday, February 29th. Finally, StockNews.com cut shares of Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $15.70.

About Xenia Hotels & Resorts

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.