JPMorgan Chase & Co. Buys 79,685 Shares of Xenia Hotels & Resorts, Inc. $XHR

JPMorgan Chase & Co. raised its position in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 3.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 2,276,448 shares of the real estate investment trust’s stock after purchasing an additional 79,685 shares during the quarter. JPMorgan Chase & Co. owned approximately 2.40% of Xenia Hotels & Resorts worth $31,233,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans boosted its stake in shares of Xenia Hotels & Resorts by 318.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 303,499 shares of the real estate investment trust’s stock valued at $4,164,000 after purchasing an additional 230,921 shares during the last quarter. AlphaQuest LLC raised its stake in Xenia Hotels & Resorts by 384.9% during the third quarter. AlphaQuest LLC now owns 132,949 shares of the real estate investment trust’s stock worth $1,824,000 after buying an additional 105,529 shares during the last quarter. Allianz Asset Management GmbH lifted its holdings in Xenia Hotels & Resorts by 48.4% in the third quarter. Allianz Asset Management GmbH now owns 912,583 shares of the real estate investment trust’s stock valued at $12,521,000 after buying an additional 297,451 shares during the period. Teacher Retirement System of Texas lifted its holdings in Xenia Hotels & Resorts by 218.1% in the third quarter. Teacher Retirement System of Texas now owns 106,874 shares of the real estate investment trust’s stock valued at $1,466,000 after buying an additional 73,281 shares during the period. Finally, APG Asset Management US Inc. bought a new stake in Xenia Hotels & Resorts during the third quarter valued at $5,275,000. Institutional investors own 92.43% of the company’s stock.

Xenia Hotels & Resorts Stock Down 3.4%

Shares of NYSE XHR opened at $14.22 on Monday. The firm has a market cap of $1.31 billion, a PE ratio of 22.22 and a beta of 1.17. Xenia Hotels & Resorts, Inc. has a 12-month low of $8.55 and a 12-month high of $16.48. The company’s fifty day simple moving average is $15.15 and its 200 day simple moving average is $14.34. The company has a quick ratio of 2.67, a current ratio of 2.67 and a debt-to-equity ratio of 1.20.

Xenia Hotels & Resorts (NYSE:XHR) last posted its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.41. Xenia Hotels & Resorts had a net margin of 5.85% and a return on equity of 5.13%. The business had revenue of $265.58 million during the quarter, compared to analysts’ expectations of $264.77 million. During the same period last year, the company posted $0.39 earnings per share. The business’s quarterly revenue was up 1.5% on a year-over-year basis. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.78-1.990 EPS. As a group, sell-side analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.46 earnings per share for the current fiscal year.

Xenia Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Tuesday, March 31st. Xenia Hotels & Resorts’s payout ratio is presently 87.50%.

Insiders Place Their Bets

In related news, insider Barry A. N. Bloom sold 151,909 shares of the company’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $15.73, for a total transaction of $2,389,528.57. Following the transaction, the insider directly owned 15,233 shares of the company’s stock, valued at approximately $239,615.09. This represents a 90.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 3.20% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Xenia Hotels & Resorts in a report on Monday, December 29th. Wells Fargo & Company upped their target price on Xenia Hotels & Resorts from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Monday, December 1st. Finally, Robert W. Baird set a $17.00 target price on Xenia Hotels & Resorts in a research note on Monday, January 12th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Xenia Hotels & Resorts has a consensus rating of “Hold” and a consensus price target of $14.00.

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.