Strs Ohio Invests $222,000 in Xenia Hotels & Resorts, Inc. $XHR

Strs Ohio purchased a new position in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 18,900 shares of the real estate investment trust’s stock, valued at approximately $222,000.

Other large investors also recently modified their holdings of the company. GF Fund Management CO. LTD. purchased a new stake in shares of Xenia Hotels & Resorts during the 4th quarter worth approximately $28,000. Allworth Financial LP grew its stake in Xenia Hotels & Resorts by 231.4% in the 1st quarter. Allworth Financial LP now owns 2,575 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 1,798 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new position in Xenia Hotels & Resorts in the 1st quarter valued at approximately $68,000. Vestmark Advisory Solutions Inc. grew its stake in Xenia Hotels & Resorts by 21.0% in the 1st quarter. Vestmark Advisory Solutions Inc. now owns 13,007 shares of the real estate investment trust’s stock valued at $153,000 after buying an additional 2,256 shares in the last quarter. Finally, Mackenzie Financial Corp purchased a new position in Xenia Hotels & Resorts in the 1st quarter valued at approximately $154,000. Hedge funds and other institutional investors own 92.43% of the company’s stock.

Wall Street Analyst Weigh In

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

Xenia Hotels & Resorts Stock Down 0.3%

Shares of NYSE:XHR opened at $14.40 on Thursday. Xenia Hotels & Resorts, Inc. has a 52-week low of $8.55 and a 52-week high of $16.50. The firm has a fifty day moving average of $13.66 and a 200 day moving average of $12.43. The firm has a market capitalization of $1.38 billion, a PE ratio of 22.86 and a beta of 1.72. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.96 and a current ratio of 2.96.

Xenia Hotels & Resorts (NYSE:XHR) last announced its earnings results on Friday, August 1st. The real estate investment trust reported $0.57 earnings per share (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 company had revenue of $287.58 million during the quarter, compared to analyst estimates of $273.43 million. During the same period in the previous year, the business earned $0.52 earnings per share. The firm’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. As a group, research analysts anticipate that Xenia Hotels & Resorts, Inc. will post 1.46 EPS for the current fiscal year.

Xenia Hotels & Resorts Dividend Announcement

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

Xenia Hotels & Resorts Company 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.