JPMorgan Chase & Co. boosted its holdings in Xenia Hotels & Resorts, Inc. (NYSE:XHR – Free Report) by 3.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,276,448 shares of the real estate investment trust’s stock after purchasing an additional 79,685 shares during the quarter. JPMorgan Chase & Co.’s holdings in Xenia Hotels & Resorts were worth $31,233,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. CIBC Bancorp USA Inc. acquired a new position in Xenia Hotels & Resorts during the third quarter worth $145,000. CANADA LIFE ASSURANCE Co lifted its stake in shares of Xenia Hotels & Resorts by 0.8% in the third quarter. CANADA LIFE ASSURANCE Co now owns 231,736 shares of the real estate investment trust’s stock valued at $3,286,000 after buying an additional 1,796 shares in the last quarter. Dark Forest Capital Management LP grew its holdings in shares of Xenia Hotels & Resorts by 66.4% during the third quarter. Dark Forest Capital Management LP now owns 262,212 shares of the real estate investment trust’s stock valued at $3,598,000 after buying an additional 104,664 shares during the last quarter. XTX Topco Ltd acquired a new position in shares of Xenia Hotels & Resorts during the third quarter valued at about $533,000. Finally, Mariner LLC increased its position in shares of Xenia Hotels & Resorts by 52.0% during the third quarter. Mariner LLC now owns 22,737 shares of the real estate investment trust’s stock worth $312,000 after acquiring an additional 7,783 shares in the last quarter. Institutional investors own 92.43% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on the stock. Weiss Ratings restated 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 target on Xenia Hotels & Resorts in a research note on Monday, January 12th. Finally, Wells Fargo & Company increased their price objective on Xenia Hotels & Resorts from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Monday, December 1st. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $14.00.
Insider Activity at Xenia Hotels & Resorts
In other news, insider Barry A. N. Bloom sold 151,909 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $15.73, for a total value of $2,389,528.57. Following the transaction, the insider owned 15,233 shares in the company, valued at $239,615.09. The trade was a 90.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.20% of the stock is currently owned by corporate insiders.
Xenia Hotels & Resorts Price Performance
XHR opened at $14.22 on Monday. Xenia Hotels & Resorts, Inc. has a 1 year low of $8.55 and a 1 year high of $16.48. The company has a debt-to-equity ratio of 1.20, a current ratio of 2.67 and a quick ratio of 2.67. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of 22.22 and a beta of 1.17. The firm’s fifty day moving average price is $15.15 and its two-hundred day moving average price is $14.34.
Xenia Hotels & Resorts (NYSE:XHR – Get Free Report) last announced its earnings results on Tuesday, February 24th. The real estate investment trust reported $0.45 EPS for the quarter, beating the consensus estimate of $0.04 by $0.41. Xenia Hotels & Resorts had a net margin of 5.85% and a return on equity of 5.13%. The company had revenue of $265.58 million during the quarter, compared to the consensus estimate of $264.77 million. During the same quarter in the prior year, the company posted $0.39 earnings per share. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.78-1.990 EPS. As a group, analysts anticipate that Xenia Hotels & Resorts, Inc. will post 1.46 earnings per share for the current fiscal year.
Xenia Hotels & Resorts Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.56 annualized dividend and a dividend yield of 3.9%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is currently 87.50%.
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.
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