Yousif Capital Management LLC Lowers Stock Holdings in Xenia Hotels & Resorts, Inc. (NYSE:XHR)

Yousif Capital Management LLC cut its holdings in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 2.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 40,555 shares of the real estate investment trust’s stock after selling 940 shares during the quarter. Yousif Capital Management LLC’s holdings in Xenia Hotels & Resorts were worth $552,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its position in shares of Xenia Hotels & Resorts by 1,274.0% in the fourth quarter. International Assets Investment Management LLC now owns 4,919 shares of the real estate investment trust’s stock worth $67,000 after acquiring an additional 4,561 shares during the last quarter. Tennessee Valley Asset Management Partners purchased a new stake in shares of Xenia Hotels & Resorts during the 4th quarter valued at $74,000. Allspring Global Investments Holdings LLC grew its stake in shares of Xenia Hotels & Resorts by 10.8% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 11,199 shares of the real estate investment trust’s stock valued at $132,000 after buying an additional 1,092 shares during the period. QRG Capital Management Inc. acquired a new stake in shares of Xenia Hotels & Resorts during the 3rd quarter worth $168,000. Finally, Custom Index Systems LLC purchased a new position in shares of Xenia Hotels & Resorts in the 4th quarter worth $254,000. 92.43% of the stock is owned by institutional investors and hedge funds.

Xenia Hotels & Resorts Price Performance

Shares of XHR stock opened at $14.97 on Monday. Xenia Hotels & Resorts, Inc. has a twelve month low of $10.90 and a twelve month high of $15.84. The company has a current ratio of 2.24, a quick ratio of 2.50 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $1.53 billion, a PE ratio of 78.79 and a beta of 1.46. The firm has a fifty day simple moving average of $14.78 and a 200-day simple moving average of $13.52.

Xenia Hotels & Resorts (NYSE:XHR) last announced its earnings results on Tuesday, February 27th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.28). The business had revenue of $253.38 million for the quarter, compared to analyst estimates of $253.00 million. Xenia Hotels & Resorts had a net margin of 2.09% and a return on equity of 1.58%. Equities research analysts anticipate that Xenia Hotels & Resorts, Inc. will post 1.53 earnings per share for the current fiscal year.

Xenia Hotels & Resorts Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were paid a dividend of $0.12 per share. This is a boost from Xenia Hotels & Resorts’s previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a dividend yield of 3.21%. The ex-dividend date of this dividend was Wednesday, March 27th. Xenia Hotels & Resorts’s dividend payout ratio is 252.64%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on XHR shares. Wolfe Research began coverage on Xenia Hotels & Resorts in a research report on Wednesday, January 10th. They set a “peer perform” rating for the company. KeyCorp raised their target price on shares of Xenia Hotels & Resorts from $15.00 to $17.00 and gave the company an “overweight” rating in a research note on Friday, April 5th. Wells Fargo & Company lifted their target price on shares of Xenia Hotels & Resorts from $14.00 to $15.50 and gave the company an “equal weight” rating in a report on Thursday, March 21st. B. Riley reiterated a “neutral” rating and issued a $17.00 price target (up from $16.00) on shares of Xenia Hotels & Resorts in a report on Monday, March 4th. Finally, StockNews.com upgraded Xenia Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Friday. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus 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.