Dimensional Fund Advisors LP Sells 106,611 Shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR)

Dimensional Fund Advisors LP decreased its holdings in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHRFree Report) by 6.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,486,317 shares of the real estate investment trust’s stock after selling 106,611 shares during the quarter. Dimensional Fund Advisors LP owned 1.41% of Xenia Hotels & Resorts worth $20,244,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Diversified Trust Co increased its stake in Xenia Hotels & Resorts by 5.6% in the fourth quarter. Diversified Trust Co now owns 29,663 shares of the real estate investment trust’s stock worth $404,000 after purchasing an additional 1,564 shares during the period. Van ECK Associates Corp increased its holdings in Xenia Hotels & Resorts by 17.0% during the 4th quarter. Van ECK Associates Corp now owns 15,053 shares of the real estate investment trust’s stock worth $205,000 after purchasing an additional 2,184 shares during the period. QRG Capital Management Inc. lifted its holdings in shares of Xenia Hotels & Resorts by 15.9% in the 4th quarter. QRG Capital Management Inc. now owns 16,536 shares of the real estate investment trust’s stock worth $225,000 after buying an additional 2,274 shares during the period. Victory Capital Management Inc. grew its position in shares of Xenia Hotels & Resorts by 12.7% during the 4th quarter. Victory Capital Management Inc. now owns 21,278 shares of the real estate investment trust’s stock worth $290,000 after buying an additional 2,405 shares in the last quarter. Finally, Koshinski Asset Management Inc. lifted its stake in Xenia Hotels & Resorts by 14.9% in the fourth quarter. Koshinski Asset Management Inc. now owns 34,374 shares of the real estate investment trust’s stock worth $468,000 after acquiring an additional 4,462 shares during the period. 92.43% of the stock is currently owned by hedge funds and other institutional investors.

Xenia Hotels & Resorts Price Performance

Shares of NYSE XHR opened at $14.42 on Wednesday. Xenia Hotels & Resorts, Inc. has a fifty-two week low of $10.90 and a fifty-two week high of $15.84. The company has a market cap of $1.47 billion, a PE ratio of 75.90 and a beta of 1.49. The company has a debt-to-equity ratio of 1.06, a quick ratio of 2.24 and a current ratio of 2.24. The business has a 50-day simple moving average of $14.57 and a two-hundred day simple moving average of $13.92.

Xenia Hotels & Resorts (NYSE:XHRGet Free Report) last announced its quarterly earnings data on Thursday, May 2nd. The real estate investment trust reported $0.08 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.28). The company had revenue of $267.49 million during the quarter, compared to analysts’ expectations of $258.80 million. Xenia Hotels & Resorts had a net margin of 2.09% and a return on equity of 1.58%. As a group, equities analysts expect that Xenia Hotels & Resorts, Inc. will post 1.55 EPS for the current fiscal year.

Xenia Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 3.33%. The ex-dividend date is Friday, June 28th. Xenia Hotels & Resorts’s payout ratio is 252.64%.

Wall Street Analysts Forecast Growth

XHR has been the subject of several recent research reports. B. Riley restated a “neutral” rating and issued a $17.00 price target (up previously from $16.00) on shares of Xenia Hotels & Resorts in a report on Monday, March 4th. Jefferies Financial Group raised Xenia Hotels & Resorts from a “hold” rating to a “buy” rating and increased their target price for the company from $14.00 to $18.00 in a research report on Thursday, February 29th. KeyCorp boosted their price target 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. StockNews.com raised Xenia Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Friday, May 3rd. Finally, Wells Fargo & Company boosted their target price on shares of Xenia Hotels & Resorts from $14.00 to $15.50 and gave the stock an “equal weight” rating in a report on Thursday, March 21st. One analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $15.70.

View Our Latest Stock Report on Xenia Hotels & Resorts

About Xenia Hotels & Resorts

(Free Report)

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.

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Institutional Ownership by Quarter for Xenia Hotels & Resorts (NYSE:XHR)

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