GAMMA Investing LLC lifted its position in Xenia Hotels & Resorts, Inc. (NYSE:XHR – Free Report) by 288.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,438 shares of the real estate investment trust’s stock after buying an additional 4,782 shares during the period. GAMMA Investing LLC’s holdings in Xenia Hotels & Resorts were worth $81,000 as of its most recent SEC filing.
Other large investors have also recently modified their holdings of the company. Allworth Financial LP boosted its stake in 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 purchased a new stake in shares of Xenia Hotels & Resorts during the 1st quarter valued at $68,000. Vestmark Advisory Solutions Inc. boosted its position in shares of 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 worth $153,000 after purchasing an additional 2,256 shares in the last quarter. Mackenzie Financial Corp purchased a new position in Xenia Hotels & Resorts during the 1st quarter worth $154,000. Finally, EntryPoint Capital LLC acquired a new position in Xenia Hotels & Resorts during the 1st quarter valued at about $188,000. Institutional investors own 92.43% of the company’s stock.
Xenia Hotels & Resorts Stock Performance
Shares of XHR stock opened at $13.62 on Friday. Xenia Hotels & Resorts, Inc. has a 52-week low of $8.55 and a 52-week high of $16.50. 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 $1.30 billion, a PE ratio of 21.61 and a beta of 1.73. The business has a 50-day simple moving average of $13.77 and a 200-day simple moving average of $12.48.
Xenia Hotels & Resorts Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Tuesday, September 30th. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is presently 88.89%.
Analyst Ratings Changes
Several equities analysts recently commented on XHR shares. Wall Street Zen lowered shares of Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Saturday, August 2nd. Wells Fargo & Company raised their price target on shares of Xenia Hotels & Resorts from $14.00 to $15.00 and gave the stock an “overweight” rating in a report on Wednesday, August 27th. Finally, BMO Capital Markets boosted their price objective on shares of Xenia Hotels & Resorts from $15.00 to $16.00 and gave the company an “outperform” rating in a report on Tuesday, September 2nd. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $13.20.
Check Out Our Latest Report on XHR
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.
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