Sterling Capital Management LLC Sells 30,276 Shares of Xenia Hotels & Resorts, Inc. $XHR

Sterling Capital Management LLC lowered its position in Xenia Hotels & Resorts, Inc. (NYSE:XHRFree Report) by 91.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,771 shares of the real estate investment trust’s stock after selling 30,276 shares during the quarter. Sterling Capital Management LLC’s holdings in Xenia Hotels & Resorts were worth $41,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership boosted its position in Xenia Hotels & Resorts by 30.6% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,704,360 shares of the real estate investment trust’s stock worth $37,104,000 after buying an additional 633,820 shares during the period. LSV Asset Management increased its position in Xenia Hotels & Resorts by 99.4% in the 4th quarter. LSV Asset Management now owns 1,065,627 shares of the real estate investment trust’s stock valued at $15,068,000 after acquiring an additional 531,127 shares during the period. UBS Group AG increased its position in Xenia Hotels & Resorts by 275.1% in the 3rd quarter. UBS Group AG now owns 549,701 shares of the real estate investment trust’s stock valued at $7,542,000 after acquiring an additional 403,149 shares during the period. Centersquare Investment Management LLC bought a new position in shares of Xenia Hotels & Resorts during the fourth quarter valued at $4,708,000. Finally, Alliancebernstein L.P. raised its stake in shares of Xenia Hotels & Resorts by 44.8% during the third quarter. Alliancebernstein L.P. now owns 975,081 shares of the real estate investment trust’s stock valued at $13,378,000 after acquiring an additional 301,578 shares during the last quarter. Institutional investors own 92.43% of the company’s stock.

Insider Buying and Selling

In other Xenia Hotels & Resorts 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 completion of the sale, the insider directly owned 250,805 shares in the company, valued at approximately $4,263,685. This trade represents a 32.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 4.40% of the company’s stock.

Xenia Hotels & Resorts Stock Down 0.0%

Xenia Hotels & Resorts stock opened at $20.16 on Friday. The firm has a market cap of $1.86 billion, a price-to-earnings ratio of 28.80 and a beta of 1.14. Xenia Hotels & Resorts, Inc. has a 52-week low of $11.75 and a 52-week high of $20.83. The company has a debt-to-equity ratio of 1.14, a quick ratio of 2.05 and a current ratio of 2.05. The firm has a 50 day moving average price of $18.42 and a two-hundred day moving average price of $16.30.

Xenia Hotels & Resorts (NYSE:XHRGet Free Report) last posted its quarterly earnings data on Friday, May 1st. The real estate investment trust reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.03. Xenia Hotels & Resorts had a net margin of 6.20% and a return on equity of 5.53%. The company had revenue of $295.41 million for the quarter, compared to analyst estimates of $291.33 million. During the same period in the prior year, the firm posted $0.51 EPS. The company’s quarterly revenue was up 2.2% on a year-over-year basis. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. Equities analysts predict that Xenia Hotels & Resorts, Inc. will post 1.81 EPS for the current year.

Xenia Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.56 dividend on an annualized basis and a yield of 2.8%. Xenia Hotels & Resorts’s dividend payout ratio is 80.00%.

Wall Street Analysts Forecast Growth

XHR has been the topic of several analyst reports. BMO Capital Markets reissued an “outperform” rating and issued a $21.00 price objective on shares of Xenia Hotels & Resorts in a research note on Friday, June 12th. Wells Fargo & Company raised their target price on Xenia Hotels & Resorts from $16.00 to $18.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. KeyCorp raised their target price on Xenia Hotels & Resorts from $16.00 to $21.00 and gave the stock an “overweight” rating in a research report on Thursday, June 11th. Finally, Weiss Ratings downgraded Xenia Hotels & Resorts from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 23rd. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $19.25.

Get Our Latest Stock Analysis on Xenia Hotels & Resorts

About Xenia Hotels & Resorts

(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.

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

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