BW Gestao de Investimentos Ltda. boosted its position in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 7.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,863 shares of the real estate investment trust’s stock after purchasing an additional 1,538 shares during the period. BW Gestao de Investimentos Ltda.’s holdings in Xenia Hotels & Resorts were worth $423,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of XHR. BlackRock Inc. lifted its position in shares of Xenia Hotels & Resorts by 5,506.3% during the first quarter. BlackRock Inc. now owns 9,533,515 shares of the real estate investment trust’s stock worth $162,736,000 after acquiring an additional 9,363,464 shares in the last quarter. LSV Asset Management purchased a new stake in shares of Xenia Hotels & Resorts during the second quarter worth $45,138,000. Prudential Financial Inc. lifted its position in shares of Xenia Hotels & Resorts by 80.0% during the second quarter. Prudential Financial Inc. now owns 2,223,581 shares of the real estate investment trust’s stock worth $43,071,000 after acquiring an additional 988,011 shares in the last quarter. AJO LP lifted its position in shares of Xenia Hotels & Resorts by 1,057.6% during the second quarter. AJO LP now owns 560,206 shares of the real estate investment trust’s stock worth $10,851,000 after acquiring an additional 511,814 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Xenia Hotels & Resorts by 2.8% during the second quarter. Vanguard Group Inc. now owns 17,851,357 shares of the real estate investment trust’s stock worth $345,781,000 after acquiring an additional 478,107 shares in the last quarter. Institutional investors and hedge funds own 64.99% of the company’s stock.

XHR has been the topic of several recent research reports. Zacks Investment Research downgraded Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Thursday, September 7th. Wells Fargo & Company increased their target price on Xenia Hotels & Resorts from $19.50 to $20.00 and gave the stock an “outperform” rating in a research report on Friday, October 6th. Instinet restated a “buy” rating and set a $22.00 target price on shares of Xenia Hotels & Resorts in a research report on Tuesday, August 29th. TheStreet upgraded Xenia Hotels & Resorts from a “c+” rating to a “b-” rating in a research report on Wednesday. Finally, BidaskClub downgraded Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. One equities research analyst has rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $21.40.

Shares of Xenia Hotels & Resorts, Inc. (NYSE XHR) traded up 0.32% during midday trading on Friday, hitting $22.07. The company had a trading volume of 128,265 shares. The firm has a market capitalization of $2.36 billion, a P/E ratio of 16.19 and a beta of 0.80. Xenia Hotels & Resorts, Inc. has a 1-year low of $15.00 and a 1-year high of $22.17. The stock has a 50 day moving average price of $20.93 and a 200 day moving average price of $20.93.

Xenia Hotels & Resorts (NYSE:XHR) last released its earnings results on Tuesday, August 8th. The real estate investment trust reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.41. Xenia Hotels & Resorts had a net margin of 15.99% and a return on equity of 8.91%. The company had revenue of $244.39 million for the quarter, compared to analysts’ expectations of $231.65 million. During the same quarter in the previous year, the company earned $0.65 EPS. Xenia Hotels & Resorts’s revenue for the quarter was down 6.5% on a year-over-year basis. On average, equities analysts anticipate that Xenia Hotels & Resorts, Inc. will post $0.90 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 29th will be paid a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 5.00%. The ex-dividend date is Thursday, September 28th. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is 81.48%.

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About Xenia Hotels & Resorts

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 October 4, 2017, the Company owned 39 hotels, 37 of which are completely owned, comprising 11,533 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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