Public Sector Pension Investment Board Grows Stock Holdings in Xenia Hotels & Resorts, Inc. $XHR

Public Sector Pension Investment Board lifted its position in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 31.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 442,540 shares of the real estate investment trust’s stock after buying an additional 106,011 shares during the quarter. Public Sector Pension Investment Board owned approximately 0.47% of Xenia Hotels & Resorts worth $6,072,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada grew its position in Xenia Hotels & Resorts by 18.9% in the 1st quarter. Royal Bank of Canada now owns 31,100 shares of the real estate investment trust’s stock valued at $366,000 after acquiring an additional 4,950 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Xenia Hotels & Resorts by 75.0% in the first quarter. AQR Capital Management LLC now owns 39,894 shares of the real estate investment trust’s stock valued at $469,000 after purchasing an additional 17,097 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Xenia Hotels & Resorts by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,617 shares of the real estate investment trust’s stock valued at $713,000 after purchasing an additional 2,633 shares in the last quarter. Jane Street Group LLC increased its stake in Xenia Hotels & Resorts by 85.0% during the 1st quarter. Jane Street Group LLC now owns 93,661 shares of the real estate investment trust’s stock worth $1,101,000 after buying an additional 43,026 shares during the period. Finally, CWM LLC lifted its holdings in Xenia Hotels & Resorts by 334.4% during the 2nd quarter. CWM LLC now owns 14,778 shares of the real estate investment trust’s stock worth $186,000 after buying an additional 11,376 shares in the last quarter. Institutional investors and hedge funds own 92.43% of the company’s stock.

Analysts Set New Price Targets

XHR has been the subject of several research reports. Robert W. Baird set a $17.00 price target on shares of Xenia Hotels & Resorts in a research note on Monday, January 12th. Weiss Ratings restated a “hold (c)” rating on shares of Xenia Hotels & Resorts in a report on Monday, December 29th. Wells Fargo & Company lifted their price objective on Xenia Hotels & Resorts from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Monday, December 1st. Finally, Wall Street Zen lowered shares of Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $14.00.

Xenia Hotels & Resorts Trading Down 1.1%

Shares of Xenia Hotels & Resorts stock opened at $15.73 on Thursday. The company has a current ratio of 2.51, a quick ratio of 2.51 and a debt-to-equity ratio of 1.16. The company has a fifty day simple moving average of $14.97 and a 200-day simple moving average of $14.08. The stock has a market cap of $1.49 billion, a price-to-earnings ratio of 28.09 and a beta of 1.23. Xenia Hotels & Resorts, Inc. has a 12-month low of $8.55 and a 12-month high of $16.23.

About Xenia Hotels & Resorts

Xenia Hotels & Resorts is a self-administered real estate investment trust (REIT) that specializes in owning, operating and acquiring premium full-service hotels across the United States. The company’s portfolio emphasizes upper-upscale and luxury properties, partnering with leading hotel brands to deliver a distinctive guest experience while targeting markets with strong leisure and corporate demand.

Founded as a spin-off from Marriott International in September 2016, Xenia has built a diversified collection of full-service hotels and resorts in key U.S.