Xenia Hotels & Resorts’ (XHR) “Hold (C)” Rating Reiterated at Weiss Ratings

Weiss Ratings reiterated their hold (c) rating on shares of Xenia Hotels & Resorts (NYSE:XHR) in a research note released on Friday morning,Weiss Ratings reports.

XHR has been the topic of several other research reports. BMO Capital Markets increased their target price 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. Wall Street Zen cut shares of Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Saturday, August 2nd. Finally, Wells Fargo & Company raised shares of Xenia Hotels & Resorts to a “strong-buy” rating in a research note on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Xenia Hotels & Resorts presently has a consensus rating of “Moderate Buy” and an average price target of $13.20.

Xenia Hotels & Resorts Stock Performance

NYSE:XHR opened at $13.05 on Friday. Xenia Hotels & Resorts has a fifty-two week low of $8.55 and a fifty-two week high of $16.50. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.96 and a current ratio of 2.96. The company has a 50 day moving average price of $13.81 and a 200 day moving average price of $12.67. The stock has a market capitalization of $1.25 billion, a P/E ratio of 20.72 and a beta of 1.73.

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, beating 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 company had revenue of $287.58 million for the quarter, compared to analyst estimates of $273.43 million. During the same quarter in the previous year, the company 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. Equities research analysts forecast that Xenia Hotels & Resorts will post 1.46 EPS for the current year.

Xenia Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.3%. Xenia Hotels & Resorts’s payout ratio is currently 88.89%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Salomon & Ludwin LLC increased its position in shares of Xenia Hotels & Resorts by 114.1% in the 3rd quarter. Salomon & Ludwin LLC now owns 2,085 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 1,111 shares during the last quarter. Allworth Financial LP grew its stake in shares of Xenia Hotels & Resorts by 231.4% during the first 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 purchased a new position in Xenia Hotels & Resorts in the first quarter valued at $68,000. GAMMA Investing LLC increased its holdings in 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 buying an additional 4,782 shares during the last quarter. Finally, AdvisorShares Investments LLC raised its stake in Xenia Hotels & Resorts by 38.2% in the second quarter. AdvisorShares Investments LLC now owns 8,400 shares of the real estate investment trust’s stock valued at $106,000 after buying an additional 2,320 shares in the last quarter. Hedge funds and other institutional investors own 92.43% of the company’s stock.

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.