Xenia Hotels & Resorts Inc. (NYSE:XHR) has received an average recommendation of “Hold” from the six ratings firms that are currently covering the company. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $19.00.

A number of analysts recently weighed in on XHR shares. Zacks Investment Research lowered shares of Xenia Hotels & Resorts from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 11th. Raymond James Financial Inc. started coverage on shares of Xenia Hotels & Resorts in a research note on Tuesday, July 26th. They issued a “market perform” rating for the company.

Shares of Xenia Hotels & Resorts (NYSE:XHR) opened at 16.72 on Monday. The stock has a 50 day moving average of $15.53 and a 200-day moving average of $16.33. The company has a market capitalization of $1.79 billion, a price-to-earnings ratio of 18.56 and a beta of 0.66. Xenia Hotels & Resorts has a 52 week low of $12.10 and a 52 week high of $18.00.

Xenia Hotels & Resorts (NYSE:XHR) last released its quarterly earnings data on Monday, November 7th. The real estate investment trust reported $0.57 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.57. Xenia Hotels & Resorts had a net margin of 10.07% and a return on equity of 7.86%. The company earned $233.95 million during the quarter, compared to analyst estimates of $232.24 million. During the same period in the prior year, the firm earned $0.57 earnings per share. The firm’s revenue for the quarter was down 5.8% compared to the same quarter last year. On average, analysts anticipate that Xenia Hotels & Resorts will post $2.20 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, October 14th. Shareholders of record on Friday, September 30th were given a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a dividend yield of 6.58%. The ex-dividend date was Wednesday, September 28th. Xenia Hotels & Resorts’s payout ratio is 122.22%.

Several hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in Xenia Hotels & Resorts by 1.6% in the second quarter. Vanguard Group Inc. now owns 16,928,165 shares of the real estate investment trust’s stock valued at $284,055,000 after buying an additional 262,794 shares during the last quarter. BlackRock Institutional Trust Company N.A. raised its stake in Xenia Hotels & Resorts by 1.9% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 4,212,245 shares of the real estate investment trust’s stock valued at $65,795,000 after buying an additional 80,081 shares during the last quarter. BlackRock Fund Advisors raised its stake in Xenia Hotels & Resorts by 8.5% in the third quarter. BlackRock Fund Advisors now owns 3,338,200 shares of the real estate investment trust’s stock valued at $50,674,000 after buying an additional 262,880 shares during the last quarter. APG Asset Management US Inc. raised its stake in Xenia Hotels & Resorts by 13.2% in the third quarter. APG Asset Management US Inc. now owns 2,659,575 shares of the real estate investment trust’s stock valued at $40,372,000 after buying an additional 309,575 shares during the last quarter. Finally, Northern Trust Corp raised its stake in Xenia Hotels & Resorts by 3.6% in the third quarter. Northern Trust Corp now owns 1,625,432 shares of the real estate investment trust’s stock valued at $24,674,000 after buying an additional 56,546 shares during the last quarter. 57.49% of the stock is owned by institutional investors and hedge funds.

About Xenia Hotels & Resorts

Xenia Hotels & Resorts, Inc is a real estate investment trust. The Company invests primarily in premium full service, lifestyle and urban upscale hotels. The Company’s segment is investment in hotel properties. The Company conducts its operations through its operating partnership, XHR LP. The Company owns approximately 50 lodging properties, with a total of over 12,550 rooms.

5 Day Chart for NYSE:XHR

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