Wealth Enhancement Advisory Services LLC Purchases 15,137 Shares of Xenia Hotels & Resorts, Inc. $XHR

Wealth Enhancement Advisory Services LLC increased its position in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 77.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,768 shares of the real estate investment trust’s stock after purchasing an additional 15,137 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Xenia Hotels & Resorts were worth $459,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of XHR. Allworth Financial LP lifted its holdings in shares of 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 worth $30,000 after purchasing an additional 1,798 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new position in shares of Xenia Hotels & Resorts in the 1st quarter worth $68,000. Vestmark Advisory Solutions Inc. lifted its holdings 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 bought a new position in Xenia Hotels & Resorts during the 1st quarter valued at $154,000. Finally, EntryPoint Capital LLC bought a new position in Xenia Hotels & Resorts during the 1st quarter valued at $188,000. 92.43% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

XHR has been the topic of several recent analyst reports. BMO Capital Markets raised their price objective 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. Wall Street Zen cut Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Saturday, August 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Xenia Hotels & Resorts in a research note on Saturday, September 27th. Finally, Wells Fargo & Company raised 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. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $13.20.

Xenia Hotels & Resorts Trading Down 1.5%

Shares of XHR opened at $13.38 on Monday. The business has a 50-day moving average of $13.78 and a 200 day moving average of $12.49. Xenia Hotels & Resorts, Inc. has a fifty-two week low of $8.55 and a fifty-two week high of $16.50. The firm has a market cap of $1.28 billion, a P/E ratio of 21.24 and a beta of 1.73. 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 quarterly earnings data on Friday, August 1st. The real estate investment trust reported $0.57 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $287.58 million during the quarter, compared to analyst estimates of $273.43 million. During the same quarter last year, the firm posted $0.52 EPS. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.660-1.800 EPS. As a group, 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 disclosed 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 of this dividend is Tuesday, September 30th. This represents a $0.56 annualized dividend and a yield of 4.2%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is 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.