Public Sector Pension Investment Board Raises Stock Holdings in Xenia Hotels & Resorts, Inc. $XHR

Public Sector Pension Investment Board grew its position in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 31.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 442,540 shares of the real estate investment trust’s stock after acquiring an additional 106,011 shares during the quarter. Public Sector Pension Investment Board’s holdings in Xenia Hotels & Resorts were worth $6,072,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Royal Bank of Canada raised its position in Xenia Hotels & Resorts by 18.9% in the 1st quarter. Royal Bank of Canada now owns 31,100 shares of the real estate investment trust’s stock valued at $366,000 after purchasing an additional 4,950 shares during the last quarter. AQR Capital Management LLC grew its position in Xenia Hotels & Resorts by 75.0% during the 1st quarter. AQR Capital Management LLC now owns 39,894 shares of the real estate investment trust’s stock worth $469,000 after purchasing an additional 17,097 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Xenia Hotels & Resorts by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,617 shares of the real estate investment trust’s stock valued at $713,000 after purchasing an additional 2,633 shares during the period. Jane Street Group LLC raised its holdings in shares of Xenia Hotels & Resorts by 85.0% in the first quarter. Jane Street Group LLC now owns 93,661 shares of the real estate investment trust’s stock valued at $1,101,000 after buying an additional 43,026 shares during the last quarter. Finally, CWM LLC boosted its stake in shares of Xenia Hotels & Resorts by 334.4% during the second quarter. CWM LLC now owns 14,778 shares of the real estate investment trust’s stock worth $186,000 after buying an additional 11,376 shares during the period. 92.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Xenia Hotels & Resorts Stock Performance

NYSE:XHR opened at $15.73 on Thursday. The firm’s fifty day simple moving average is $14.97 and its 200-day simple moving average is $14.08. The company has a quick ratio of 2.51, a current ratio of 2.51 and a debt-to-equity ratio of 1.16. The stock has a market cap of $1.49 billion, a PE ratio of 28.09 and a beta of 1.23. Xenia Hotels & Resorts, Inc. has a fifty-two week low of $8.55 and a fifty-two week high of $16.23.

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.