Xenia Hotels & Resorts (NYSE:XHR) Hits New 52-Week High – What’s Next?

Xenia Hotels & Resorts, Inc. (NYSE:XHRGet Free Report) shares hit a new 52-week high during trading on Friday . The stock traded as high as $18.45 and last traded at $18.45, with a volume of 181542 shares traded. The stock had previously closed at $18.29.

Analyst Ratings Changes

Several research analysts recently commented on the stock. BMO Capital Markets restated an “outperform” rating and set a $19.00 target price on shares of Xenia Hotels & Resorts in a report on Monday, May 4th. Wells Fargo & Company increased their target price on shares of Xenia Hotels & Resorts from $16.00 to $18.00 and gave the stock an “overweight” rating in a report on Monday. Finally, Weiss Ratings upgraded shares of Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 4th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $18.00.

Read Our Latest Report on Xenia Hotels & Resorts

Xenia Hotels & Resorts Price Performance

The company has a debt-to-equity ratio of 1.14, a current ratio of 2.05 and a quick ratio of 2.05. The company’s 50-day simple moving average is $16.21 and its 200-day simple moving average is $15.27. The stock has a market capitalization of $1.71 billion, a P/E ratio of 26.46 and a beta of 1.17.

Xenia Hotels & Resorts (NYSE:XHRGet Free Report) last posted its quarterly earnings results on Friday, May 1st. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.03. Xenia Hotels & Resorts had a net margin of 6.20% and a return on equity of 5.53%. The firm had revenue of $295.41 million for the quarter, compared to analyst estimates of $291.33 million. During the same period in the prior year, the firm posted $0.51 earnings per share. The company’s quarterly revenue was up 2.2% compared to the same quarter last year. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. As a group, sell-side analysts expect that Xenia Hotels & Resorts, Inc. will post 1.81 EPS for the current fiscal year.

Xenia Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a $0.14 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.56 annualized dividend and a dividend yield of 3.0%. Xenia Hotels & Resorts’s dividend payout ratio is presently 80.00%.

Insider Buying and Selling at Xenia Hotels & Resorts

In other news, insider Atish Shah sold 120,000 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $17.00, for a total value of $2,040,000.00. Following the transaction, the insider directly owned 250,805 shares of the company’s stock, valued at $4,263,685. This represents a 32.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 4.40% of the stock is owned by insiders.

Hedge Funds Weigh In On Xenia Hotels & Resorts

Several hedge funds have recently bought and sold shares of XHR. Transamerica Financial Advisors LLC boosted its stake in shares of Xenia Hotels & Resorts by 459.8% in the 4th quarter. Transamerica Financial Advisors LLC now owns 1,948 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 1,600 shares in the last quarter. MAI Capital Management boosted its stake in shares of Xenia Hotels & Resorts by 475.6% in the 3rd quarter. MAI Capital Management now owns 2,026 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 1,674 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Xenia Hotels & Resorts in the 4th quarter valued at approximately $33,000. Harbor Capital Advisors Inc. boosted its stake in shares of Xenia Hotels & Resorts by 152.3% in the 4th quarter. Harbor Capital Advisors Inc. now owns 3,017 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 1,821 shares in the last quarter. Finally, Mcguire Capital Advisors Inc. acquired a new stake in shares of Xenia Hotels & Resorts in the 4th quarter valued at approximately $55,000. 92.43% of the stock is owned by institutional investors.

About Xenia Hotels & Resorts

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Xenia Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xenia Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.