Xenia Hotels & Resorts, Inc. $XHR Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio reduced its stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 1.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 236,374 shares of the real estate investment trust’s stock after selling 2,622 shares during the period. Public Employees Retirement System of Ohio owned approximately 0.24% of Xenia Hotels & Resorts worth $2,971,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of XHR. Allworth Financial LP raised its stake in shares of Xenia Hotels & Resorts by 231.4% in the first quarter. Allworth Financial LP now owns 2,575 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 1,798 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of Xenia Hotels & Resorts in the first quarter valued at $68,000. GAMMA Investing LLC raised its stake in shares of Xenia Hotels & Resorts by 288.8% in the second quarter. GAMMA Investing LLC now owns 6,438 shares of the real estate investment trust’s stock valued at $81,000 after acquiring an additional 4,782 shares in the last quarter. Vestmark Advisory Solutions Inc. raised its stake in shares of Xenia Hotels & Resorts by 21.0% in the first quarter. Vestmark Advisory Solutions Inc. now owns 13,007 shares of the real estate investment trust’s stock valued at $153,000 after acquiring an additional 2,256 shares in the last quarter. Finally, Mackenzie Financial Corp acquired a new stake in shares of Xenia Hotels & Resorts in the first quarter valued at $154,000. 92.43% of the stock is currently owned by institutional investors and hedge funds.

Xenia Hotels & Resorts Stock Down 1.0%

XHR opened at $13.59 on Thursday. The business’s 50-day simple moving average is $13.76 and its 200-day simple moving average is $12.48. 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, Inc. has a one year low of $8.55 and a one year high of $16.50. The stock has a market capitalization of $1.30 billion, a P/E ratio of 21.56 and a beta of 1.73.

Xenia Hotels & Resorts (NYSE:XHR) last posted its earnings results on Friday, August 1st. The real estate investment trust reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.14. Xenia Hotels & Resorts had a return on equity of 4.95% and a net margin of 5.86%.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 firm earned $0.52 earnings per share. The business’s 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. Analysts anticipate that Xenia Hotels & Resorts, Inc. will post 1.46 EPS for the current year.

Xenia Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.14 per share. The ex-dividend date is Tuesday, September 30th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.1%. Xenia Hotels & Resorts’s payout ratio is 88.89%.

Analyst Ratings Changes

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

About Xenia Hotels & Resorts

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.