Xenia Hotels & Resorts, Inc. $XHR Shares Sold by 683 Capital Management LLC

683 Capital Management LLC lessened its holdings in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHRFree Report) by 29.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 453,000 shares of the real estate investment trust’s stock after selling 192,000 shares during the period. 683 Capital Management LLC’s holdings in Xenia Hotels & Resorts were worth $6,405,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of XHR. Royal Bank of Canada grew its holdings in Xenia Hotels & Resorts by 18.9% during the first quarter. Royal Bank of Canada now owns 31,100 shares of the real estate investment trust’s stock worth $366,000 after acquiring an additional 4,950 shares during the period. AQR Capital Management LLC boosted its position in Xenia Hotels & Resorts by 75.0% during the first 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Xenia Hotels & Resorts by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,617 shares of the real estate investment trust’s stock worth $713,000 after purchasing an additional 2,633 shares in the last quarter. Jane Street Group LLC boosted its position in Xenia Hotels & Resorts by 85.0% during the first quarter. Jane Street Group LLC now owns 93,661 shares of the real estate investment trust’s stock worth $1,101,000 after purchasing an additional 43,026 shares in the last quarter. Finally, Creative Planning purchased a new stake in Xenia Hotels & Resorts during the second quarter worth $230,000. Institutional investors and hedge funds own 92.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on XHR shares. Weiss Ratings upgraded Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. KeyCorp upped their price objective on Xenia Hotels & Resorts from $16.00 to $21.00 and gave the company an “overweight” rating in a research report on Thursday, June 11th. BMO Capital Markets restated an “outperform” rating and issued a $21.00 price objective on shares of Xenia Hotels & Resorts in a research report on Friday, June 12th. Finally, Wells Fargo & Company upped their price objective on Xenia Hotels & Resorts from $16.00 to $18.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Xenia Hotels & Resorts presently has an average rating of “Buy” and a consensus price target of $19.25.

Check Out Our Latest Analysis on Xenia Hotels & Resorts

Xenia Hotels & Resorts Stock Performance

NYSE XHR opened at $19.52 on Thursday. The business’s 50-day moving average price is $16.96 and its 200 day moving average price is $15.60. Xenia Hotels & Resorts, Inc. has a twelve month low of $11.75 and a twelve month high of $19.89. The company has a market capitalization of $1.80 billion, a PE ratio of 27.88 and a beta of 1.17. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 1.14.

Xenia Hotels & Resorts (NYSE:XHRGet Free Report) last released its earnings results on Friday, May 1st. The real estate investment trust reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.03. Xenia Hotels & Resorts had a return on equity of 5.53% and a net margin of 6.20%.The firm had revenue of $295.41 million for the quarter, compared to the consensus estimate of $291.33 million. During the same period in the prior year, the business posted $0.51 earnings per share. The firm’s revenue for the quarter 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. On average, research analysts predict that Xenia Hotels & Resorts, Inc. will post 1.81 earnings per share for the current year.

Xenia Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a dividend of $0.14 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.56 annualized dividend and a yield of 2.9%. Xenia Hotels & Resorts’s dividend payout ratio is 80.00%.

Insiders Place Their Bets

In related news, insider Atish Shah sold 120,000 shares of the stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $17.00, for a total transaction of $2,040,000.00. Following the transaction, the insider directly owned 250,805 shares in the company, valued at approximately $4,263,685. This represents a 32.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 4.40% of the company’s stock.

Xenia Hotels & Resorts Profile

(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.

See Also

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Institutional Ownership by Quarter for Xenia Hotels & Resorts (NYSE:XHR)

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