Xenia Hotels & Resorts’ (XHR) “Hold (C)” Rating Reiterated at Weiss Ratings

Weiss Ratings reiterated their hold (c) rating on shares of Xenia Hotels & Resorts (NYSE:XHR) in a report issued on Wednesday morning,Weiss Ratings reports.

Several other analysts have also recently commented on the company. BMO Capital Markets increased their target price on Xenia Hotels & Resorts from $15.00 to $16.00 and gave the stock an “outperform” rating in a report on Tuesday, September 2nd. Wall Street Zen cut Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Saturday, August 2nd. Finally, Wells Fargo & Company upgraded Xenia Hotels & Resorts to a “strong-buy” rating in a report on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $13.20.

Xenia Hotels & Resorts Stock Performance

Shares of NYSE:XHR opened at $12.43 on Wednesday. The business’s fifty day moving average price is $13.78 and its two-hundred day moving average price is $12.50. Xenia Hotels & Resorts has a fifty-two week low of $8.55 and a fifty-two week high of $16.50. The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of 19.73 and a beta of 1.73. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.96 and a quick ratio of 2.96.

Xenia Hotels & Resorts (NYSE:XHR) last announced its quarterly earnings results on Friday, August 1st. The real estate investment trust reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.14. Xenia Hotels & Resorts had a return on equity of 4.95% and a net margin of 5.86%.The firm had revenue of $287.58 million for the quarter, compared to analysts’ expectations of $273.43 million. During the same period in the prior year, the business posted $0.52 earnings per share. The business’s revenue was up 5.4% compared to the same quarter last year. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.660-1.800 EPS. As a group, analysts predict that Xenia Hotels & Resorts will post 1.46 EPS for the current fiscal year.

Xenia Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Tuesday, September 30th. Xenia Hotels & Resorts’s dividend payout ratio is 88.89%.

Hedge Funds Weigh In On Xenia Hotels & Resorts

Several large investors have recently made changes to their positions in XHR. Woodline Partners LP lifted its stake in shares of Xenia Hotels & Resorts by 138.9% during the first quarter. Woodline Partners LP now owns 1,650,570 shares of the real estate investment trust’s stock valued at $19,411,000 after acquiring an additional 959,641 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in shares of Xenia Hotels & Resorts by 76.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,070,540 shares of the real estate investment trust’s stock valued at $26,027,000 after acquiring an additional 898,176 shares during the period. Adage Capital Partners GP L.L.C. lifted its stake in shares of Xenia Hotels & Resorts by 1,207.7% during the first quarter. Adage Capital Partners GP L.L.C. now owns 650,000 shares of the real estate investment trust’s stock valued at $7,644,000 after acquiring an additional 600,294 shares during the period. Nuveen LLC acquired a new position in shares of Xenia Hotels & Resorts during the first quarter valued at $5,404,000. Finally, Millennium Management LLC lifted its stake in shares of Xenia Hotels & Resorts by 17.8% during the first quarter. Millennium Management LLC now owns 2,126,198 shares of the real estate investment trust’s stock valued at $25,004,000 after acquiring an additional 321,343 shares during the period. Institutional investors and hedge funds own 92.43% of the company’s stock.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc is a real estate investment trust, which engages in the provision of investment in luxury and upper upscale hotels and resorts. It also owns a diversified portfolio of lodging properties operated by Marriott, Kimpton, Hyatt, Aston, Fairmong, and Loews. The company was founded in 2007 and is headquartered in Orlando, FL.