Xenia Hotels & Resorts, Inc. (NYSE:XHR) Given Average Rating of “Hold” by Brokerages

Shares of Xenia Hotels & Resorts, Inc. (NYSE:XHRGet Free Report) have received a consensus rating of “Hold” from the six research firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $13.40.

Several research analysts have issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Xenia Hotels & Resorts in a research report on Monday, December 29th. Wells Fargo & Company upped their price target on shares of Xenia Hotels & Resorts from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Monday, December 1st. Finally, Wall Street Zen cut shares of Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th.

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Xenia Hotels & Resorts Price Performance

Shares of XHR opened at $14.96 on Monday. The company has a current ratio of 2.51, a quick ratio of 2.51 and a debt-to-equity ratio of 1.16. The stock’s 50 day moving average is $14.10 and its two-hundred day moving average is $13.64. Xenia Hotels & Resorts has a twelve month low of $8.55 and a twelve month high of $15.47. The firm has a market capitalization of $1.42 billion, a PE ratio of 26.71 and a beta of 1.23.

Xenia Hotels & Resorts (NYSE:XHRGet Free Report) last issued its earnings results on Friday, October 31st. The real estate investment trust reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.39. Xenia Hotels & Resorts had a return on equity of 4.50% and a net margin of 5.24%.The business had revenue of $236.42 million during the quarter, compared to the consensus estimate of $236.16 million. During the same period in the prior year, the business posted $0.25 EPS. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.680-1.76 EPS. Research analysts anticipate that Xenia Hotels & Resorts will post 1.46 earnings per share for the current year.

Xenia Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Wednesday, December 31st. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is presently 100.00%.

Institutional Investors Weigh In On Xenia Hotels & Resorts

A number of institutional investors and hedge funds have recently modified their holdings of XHR. Vanguard Group Inc. raised its holdings in Xenia Hotels & Resorts by 3.3% during the third quarter. Vanguard Group Inc. now owns 17,267,751 shares of the real estate investment trust’s stock worth $236,914,000 after purchasing an additional 555,195 shares during the last quarter. Wellington Management Group LLP increased its position in shares of Xenia Hotels & Resorts by 3.1% in the third quarter. Wellington Management Group LLP now owns 9,044,142 shares of the real estate investment trust’s stock valued at $124,086,000 after buying an additional 273,876 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Xenia Hotels & Resorts by 30.6% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,704,360 shares of the real estate investment trust’s stock valued at $37,104,000 after buying an additional 633,820 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Xenia Hotels & Resorts by 3.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,276,448 shares of the real estate investment trust’s stock worth $31,233,000 after buying an additional 79,685 shares during the last quarter. Finally, Millennium Management LLC raised its position in 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 worth $25,004,000 after acquiring an additional 321,343 shares during the last quarter. Institutional investors and hedge funds own 92.43% of the company’s stock.

About Xenia Hotels & Resorts

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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.

Further Reading

Analyst Recommendations for Xenia Hotels & Resorts (NYSE:XHR)

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