Old Mutual Global Investors UK Ltd. maintained its stake in shares of Xenia Hotels & Resorts Inc (NYSE:XHR) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,132 shares of the real estate investment trust’s stock at the end of the second quarter. Old Mutual Global Investors UK Ltd.’s holdings in Xenia Hotels & Resorts were worth $254,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of XHR. Bank of Montreal Can lifted its position in Xenia Hotels & Resorts by 1,423.5% during the 1st quarter. Bank of Montreal Can now owns 65,860 shares of the real estate investment trust’s stock worth $1,124,000 after buying an additional 61,537 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. lifted its position in Xenia Hotels & Resorts by 0.5% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 104,848 shares of the real estate investment trust’s stock worth $1,790,000 after buying an additional 479 shares in the last quarter. First Trust Advisors LP lifted its position in Xenia Hotels & Resorts by 6.4% during the 1st quarter. First Trust Advisors LP now owns 188,453 shares of the real estate investment trust’s stock worth $3,217,000 after buying an additional 11,364 shares in the last quarter. Daiwa Securities Group Inc. lifted its position in Xenia Hotels & Resorts by 37.7% during the 1st quarter. Daiwa Securities Group Inc. now owns 8,400 shares of the real estate investment trust’s stock worth $143,000 after buying an additional 2,300 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Xenia Hotels & Resorts by 5.4% during the 1st quarter. Bank of New York Mellon Corp now owns 988,312 shares of the real estate investment trust’s stock worth $16,871,000 after buying an additional 50,952 shares in the last quarter. Institutional investors and hedge funds own 64.98% of the company’s stock.

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Xenia Hotels & Resorts Inc (NYSE:XHR) opened at 20.15 on Tuesday. The firm has a market capitalization of $2.15 billion, a P/E ratio of 14.78 and a beta of 0.77. The firm’s 50-day moving average is $19.84 and its 200-day moving average is $18.55. Xenia Hotels & Resorts Inc has a 52-week low of $14.84 and a 52-week high of $20.64.

Xenia Hotels & Resorts (NYSE:XHR) last released its quarterly earnings results on Tuesday, August 8th. The real estate investment trust reported $0.59 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.41. The company had revenue of $244.39 million for the quarter, compared to analysts’ expectations of $231.65 million. Xenia Hotels & Resorts had a return on equity of 17.06% and a net margin of 29.05%. The business’s quarterly revenue was down 6.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.65 earnings per share. On average, equities analysts expect that Xenia Hotels & Resorts Inc will post $0.90 earnings per share for the current year.

Several research analysts recently issued reports on XHR shares. TheStreet upgraded shares of Xenia Hotels & Resorts from a “c+” rating to a “b-” rating in a research report on Wednesday, June 21st. Instinet reiterated a “buy” rating and set a $22.00 price target on shares of Xenia Hotels & Resorts in a research report on Tuesday, August 29th. Zacks Investment Research upgraded shares of Xenia Hotels & Resorts from a “sell” rating to a “buy” rating and set a $22.00 target price on the stock in a research report on Tuesday, August 15th. BidaskClub upgraded shares of Xenia Hotels & Resorts from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. Finally, Morgan Stanley upped their target price on shares of Xenia Hotels & Resorts from $17.00 to $19.00 and gave the company an “equal weight” rating in a research report on Friday, June 16th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $21.25.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc (Xenia) is a self-advised and self-administered real estate investment trust (REIT). The Company invests in premium full service, lifestyle and urban upscale hotels, with a focus on var ious markets, as well as leisure destinations in the United States. As of May 30, 2017, the Company owned 37 hotels, 35 of which are completely owned, comprising 10,783 rooms, across 18 states and the District of Columbia, including a majority interest in two hotels owned through two investments in real estate entities.

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Institutional Ownership by Quarter for Xenia Hotels & Resorts (NYSE:XHR)

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