IFM Investors Pty Ltd Sells 4,107 Shares of Xenia Hotels & Resorts, Inc. $XHR

IFM Investors Pty Ltd trimmed its stake in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 20.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,373 shares of the real estate investment trust’s stock after selling 4,107 shares during the quarter. IFM Investors Pty Ltd’s holdings in Xenia Hotels & Resorts were worth $206,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its stake in Xenia Hotels & Resorts by 77.1% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 34,768 shares of the real estate investment trust’s stock worth $459,000 after buying an additional 15,137 shares in the last quarter. Voya Investment Management LLC lifted its holdings in shares of Xenia Hotels & Resorts by 96.1% during the first quarter. Voya Investment Management LLC now owns 79,098 shares of the real estate investment trust’s stock worth $930,000 after purchasing an additional 38,754 shares during the period. Inspire Investing LLC lifted its position in shares of Xenia Hotels & Resorts by 9.5% in the 1st quarter. Inspire Investing LLC now owns 29,324 shares of the real estate investment trust’s stock worth $345,000 after purchasing an additional 2,549 shares during the period. Strs Ohio bought a new stake in shares of Xenia Hotels & Resorts during the 1st quarter valued at about $222,000. Finally, Jane Street Group LLC grew its holdings in Xenia Hotels & Resorts by 85.0% in the first quarter. Jane Street Group LLC now owns 93,661 shares of the real estate investment trust’s stock worth $1,101,000 after purchasing an additional 43,026 shares during the period. Institutional investors and hedge funds own 92.43% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Wells Fargo & Company lifted their target price on Xenia Hotels & Resorts from $14.00 to $15.00 and gave the company an “overweight” rating in a research report on Wednesday, August 27th. BMO Capital Markets increased their price target on Xenia Hotels & Resorts from $15.00 to $16.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 2nd. Finally, Wall Street Zen cut Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Saturday, August 2nd. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Xenia Hotels & Resorts presently has a consensus rating of “Hold” and an average target price of $13.20.

Xenia Hotels & Resorts Stock Up 0.2%

XHR stock opened at $14.47 on Wednesday. The business’s 50-day moving average price is $13.63 and its 200-day moving average price is $12.42. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.13. The stock has a market cap of $1.39 billion, a P/E ratio of 22.96 and a beta of 1.72. Xenia Hotels & Resorts, Inc. has a twelve month low of $8.55 and a twelve month high of $16.50.

Xenia Hotels & Resorts (NYSE:XHR) last announced its quarterly earnings results on Friday, August 1st. The real estate investment trust reported $0.57 EPS for the quarter, topping the consensus estimate of $0.43 by $0.14. Xenia Hotels & Resorts had a net margin of 5.86% and a return on equity of 4.95%. The business had revenue of $287.58 million for the quarter, compared to analysts’ expectations of $273.43 million. During the same quarter in the previous year, the company earned $0.52 EPS. The business’s quarterly revenue was up 5.4% compared to the same quarter last year. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.660-1.800 EPS. On average, equities research analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.46 EPS for the current year.

Xenia Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be issued a $0.14 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.9%. Xenia Hotels & Resorts’s payout ratio is presently 88.89%.

Xenia Hotels & Resorts Profile

Xenia Hotels & Resorts, Inc is a real estate investment trust, which engages in the provision of investment in luxury and upper upscale hotels and resorts. It also owns a diversified portfolio of lodging properties operated by Marriott, Kimpton, Hyatt, Aston, Fairmong, and Loews. The company was founded in 2007 and is headquartered in Orlando, FL.