Mutual of America Capital Management LLC Decreases Stock Position in Xenia Hotels & Resorts, Inc. $XHR

Mutual of America Capital Management LLC cut its position in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 12.6% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 268,615 shares of the real estate investment trust’s stock after selling 38,881 shares during the period. Mutual of America Capital Management LLC’s holdings in Xenia Hotels & Resorts were worth $3,685,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in XHR. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in Xenia Hotels & Resorts by 1.7% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 58,312 shares of the real estate investment trust’s stock worth $733,000 after acquiring an additional 975 shares during the last quarter. Salomon & Ludwin LLC boosted its position in Xenia Hotels & Resorts by 114.1% during the third quarter. Salomon & Ludwin LLC now owns 2,085 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 1,111 shares during the period. Lazard Asset Management LLC increased its stake in shares of Xenia Hotels & Resorts by 1.5% in the second quarter. Lazard Asset Management LLC now owns 80,719 shares of the real estate investment trust’s stock worth $1,014,000 after purchasing an additional 1,226 shares in the last quarter. Inspire Investing LLC raised its position in shares of Xenia Hotels & Resorts by 5.8% in the third quarter. Inspire Investing LLC now owns 33,009 shares of the real estate investment trust’s stock valued at $453,000 after purchasing an additional 1,820 shares during the period. Finally, Nordea Investment Management AB lifted its stake in shares of Xenia Hotels & Resorts by 0.4% during the 2nd quarter. Nordea Investment Management AB now owns 493,554 shares of the real estate investment trust’s stock valued at $6,177,000 after buying an additional 1,944 shares in the last quarter. Institutional investors own 92.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Xenia Hotels & Resorts in a research note on Monday, December 29th. Robert W. Baird set a $17.00 price objective on Xenia Hotels & Resorts in a research note on Monday, January 12th. Wall Street Zen cut Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Finally, Wells Fargo & Company lifted their target price on Xenia Hotels & Resorts from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Monday, December 1st. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $14.00.

Xenia Hotels & Resorts Price Performance

XHR stock opened at $14.75 on Friday. The firm has a 50 day simple moving average of $14.51 and a two-hundred day simple moving average of $13.84. The stock has a market cap of $1.40 billion, a PE ratio of 26.33 and a beta of 1.23. Xenia Hotels & Resorts, Inc. has a one year low of $8.55 and a one year high of $15.60. The company has a debt-to-equity ratio of 1.16, a current ratio of 2.51 and a quick ratio of 2.51.

Xenia Hotels & Resorts (NYSE:XHR) last posted its quarterly earnings data on Friday, October 31st. The real estate investment trust reported $0.23 earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.39. Xenia Hotels & Resorts had a net margin of 5.24% and a return on equity of 4.50%. The firm had revenue of $236.42 million for the quarter, compared to analysts’ expectations of $236.16 million. During the same quarter last year, the company posted $0.25 EPS. On average, analysts predict that Xenia Hotels & Resorts, Inc. will post 1.46 EPS for the current fiscal year.

Xenia Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.14 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.56 annualized dividend and a yield of 3.8%. Xenia Hotels & Resorts’s payout ratio is 100.00%.

Xenia Hotels & Resorts Profile

Xenia Hotels & Resorts is a self-administered real estate investment trust (REIT) that specializes in owning, operating and acquiring premium full-service hotels across the United States. The company’s portfolio emphasizes upper-upscale and luxury properties, partnering with leading hotel brands to deliver a distinctive guest experience while targeting markets with strong leisure and corporate demand.

Founded as a spin-off from Marriott International in September 2016, Xenia has built a diversified collection of full-service hotels and resorts in key U.S.