Thrivent Financial for Lutherans Has $4.16 Million Stock Position in Xenia Hotels & Resorts, Inc. $XHR

Thrivent Financial for Lutherans raised its holdings in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 318.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 303,499 shares of the real estate investment trust’s stock after purchasing an additional 230,921 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Xenia Hotels & Resorts were worth $4,164,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Salomon & Ludwin LLC lifted its position in shares of Xenia Hotels & Resorts by 114.1% during the 3rd quarter. Salomon & Ludwin LLC now owns 2,085 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 1,111 shares during the last quarter. AdvisorShares Investments LLC grew its holdings in shares of Xenia Hotels & Resorts by 38.2% during the 2nd quarter. AdvisorShares Investments LLC now owns 8,400 shares of the real estate investment trust’s stock valued at $106,000 after purchasing an additional 2,320 shares during the last quarter. PNC Financial Services Group Inc. increased its position in Xenia Hotels & Resorts by 79.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 8,557 shares of the real estate investment trust’s stock worth $108,000 after purchasing an additional 3,782 shares in the last quarter. State of Wyoming bought a new position in Xenia Hotels & Resorts in the 2nd quarter valued at approximately $118,000. Finally, Truist Financial Corp acquired a new stake in Xenia Hotels & Resorts in the third quarter valued at approximately $144,000. Institutional investors own 92.43% of the company’s stock.

Xenia Hotels & Resorts Price Performance

Xenia Hotels & Resorts stock opened at $15.57 on Friday. The stock’s 50 day moving average is $14.64 and its 200 day moving average is $13.92. Xenia Hotels & Resorts, Inc. has a one year low of $8.55 and a one year high of $15.65. The firm has a market cap of $1.48 billion, a P/E ratio of 27.80 and a beta of 1.23. 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.14 per share. The ex-dividend date was Wednesday, December 31st. This represents a $0.56 annualized dividend and a dividend yield of 3.6%. Xenia Hotels & Resorts’s dividend payout ratio is 100.00%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Robert W. Baird set a $17.00 price target on shares of Xenia Hotels & Resorts in a report on Monday, January 12th. 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 objective on Xenia Hotels & Resorts from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Monday, December 1st. Finally, Wall Street Zen lowered shares of Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $14.00.

About Xenia Hotels & Resorts

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.