Fuller & Thaler Asset Management Inc. lifted its stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 200.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 275,900 shares of the real estate investment trust’s stock after purchasing an additional 184,100 shares during the period. Fuller & Thaler Asset Management Inc. owned about 0.26% of Xenia Hotels & Resorts worth $5,808,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the stock. GAM Holding AG boosted its holdings in Xenia Hotels & Resorts by 1.1% in the second quarter. GAM Holding AG now owns 9,100 shares of the real estate investment trust’s stock valued at $176,000 after purchasing an additional 100 shares during the period. Goodwin Daniel L boosted its holdings in Xenia Hotels & Resorts by 0.8% in the second quarter. Goodwin Daniel L now owns 59,678 shares of the real estate investment trust’s stock valued at $1,156,000 after purchasing an additional 500 shares during the period. Ameritas Investment Partners Inc. boosted its holdings in Xenia Hotels & Resorts by 5.8% in the second quarter. Ameritas Investment Partners Inc. now owns 9,452 shares of the real estate investment trust’s stock valued at $183,000 after purchasing an additional 517 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Xenia Hotels & Resorts by 8.2% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,568 shares of the real estate investment trust’s stock valued at $147,000 after purchasing an additional 571 shares during the period. Finally, Westside Investment Management Inc. boosted its holdings in Xenia Hotels & Resorts by 4.3% in the second quarter. Westside Investment Management Inc. now owns 15,217 shares of the real estate investment trust’s stock valued at $297,000 after purchasing an additional 632 shares during the period. Hedge funds and other institutional investors own 68.10% of the company’s stock.

XHR has been the subject of a number of recent research reports. Zacks Investment Research upgraded Xenia Hotels & Resorts from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a report on Friday, September 8th. Instinet reaffirmed a “buy” rating and set a $22.00 price target on shares of Xenia Hotels & Resorts in a report on Tuesday, August 29th. ValuEngine raised Xenia Hotels & Resorts from a “buy” rating to a “strong-buy” rating in a report on Friday, October 6th. FBR & Co began coverage on Xenia Hotels & Resorts in a report on Friday, October 27th. They set a “neutral” rating and a $23.00 price target for the company. Finally, Wells Fargo & Company lifted their price target on Xenia Hotels & Resorts from $19.50 to $20.00 and gave the stock an “outperform” rating in a report on Friday, October 6th. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $21.86.

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Shares of Xenia Hotels & Resorts, Inc. (NYSE XHR) traded down $0.16 during midday trading on Friday, reaching $21.83. The company’s stock had a trading volume of 238,100 shares, compared to its average volume of 522,093. The stock has a market cap of $2,329.92, a P/E ratio of 10.49, a price-to-earnings-growth ratio of 2.28 and a beta of 0.81. The company has a debt-to-equity ratio of 0.78, a current ratio of 6.86 and a quick ratio of 6.86. Xenia Hotels & Resorts, Inc. has a 12 month low of $16.21 and a 12 month high of $22.30.

Xenia Hotels & Resorts (NYSE:XHR) last announced its quarterly earnings results on Tuesday, November 7th. The real estate investment trust reported $0.50 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.38. The company had revenue of $223.28 million during the quarter, compared to the consensus estimate of $219.67 million. Xenia Hotels & Resorts had a return on equity of 8.34% and a net margin of 15.23%. Xenia Hotels & Resorts’s revenue for the quarter was down 4.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.57 EPS. equities analysts anticipate that Xenia Hotels & Resorts, Inc. will post 1.92 earnings per share for the current year.

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.

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

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