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

Xenia Hotels & Resorts, Inc. (NYSE:XHR) has earned a consensus recommendation of “Hold” from the six analysts that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $14.00.

Several equities research analysts have recently commented on XHR shares. Weiss Ratings reissued a “hold (c)” rating on shares of Xenia Hotels & Resorts in a research note on Monday, December 29th. Wells Fargo & Company raised 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. Robert W. Baird set a $17.00 target price on shares of Xenia Hotels & Resorts in a report on Monday, January 12th. Finally, Wall Street Zen downgraded Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Sunday, November 9th.

Xenia Hotels & Resorts Stock Up 2.0%

Shares of XHR stock opened at $14.81 on Friday. Xenia Hotels & Resorts has a one year low of $8.55 and a one year high of $15.60. The stock has a market cap of $1.40 billion, a P/E ratio of 26.44 and a beta of 1.23. The stock has a fifty day moving average price of $14.50 and a 200 day moving average price of $13.83. 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 announced its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.39. The firm had revenue of $236.42 million for the quarter, compared to analysts’ expectations of $236.16 million. Xenia Hotels & Resorts had a return on equity of 4.50% and a net margin of 5.24%.During the same period in the prior year, the business posted $0.25 earnings per share. Analysts predict that Xenia Hotels & Resorts will post 1.46 earnings per share for the current year.

Xenia Hotels & Resorts Dividend Announcement

The firm also recently announced 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 was Wednesday, December 31st. This represents a $0.56 annualized dividend and a yield of 3.8%. Xenia Hotels & Resorts’s dividend payout ratio is presently 100.00%.

Institutional Trading of Xenia Hotels & Resorts

Several institutional investors have recently modified their holdings of XHR. Allspring Global Investments Holdings LLC boosted its stake in shares of Xenia Hotels & Resorts by 54.2% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 494,924 shares of the real estate investment trust’s stock worth $6,439,000 after buying an additional 173,945 shares during the last quarter. LSV Asset Management boosted its position in shares of Xenia Hotels & Resorts by 1,170.2% during the second quarter. LSV Asset Management now owns 100,347 shares of the real estate investment trust’s stock worth $1,261,000 after acquiring an additional 92,447 shares during the last quarter. WINTON GROUP Ltd purchased a new stake in shares of Xenia Hotels & Resorts in the second quarter worth about $2,514,000. Campbell & CO Investment Adviser LLC purchased a new stake in Xenia Hotels & Resorts during the second quarter valued at $488,000. Finally, Arrowstreet Capital Limited Partnership raised its position in 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 purchasing an additional 898,176 shares during the period. Institutional investors own 92.43% of the company’s stock.

Xenia Hotels & Resorts Company 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.