Allspring Global Investments Holdings LLC Buys 390,145 Shares of Xenia Hotels & Resorts, Inc. $XHR

Allspring Global Investments Holdings LLC boosted its stake in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 40.2% in the first quarter, Holdings Channel reports. The institutional investor owned 1,360,082 shares of the real estate investment trust’s stock after purchasing an additional 390,145 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Xenia Hotels & Resorts were worth $19,898,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Arrowstreet Capital Limited Partnership grew its holdings in shares of Xenia Hotels & Resorts by 30.6% during the third quarter. Arrowstreet Capital Limited Partnership now owns 2,704,360 shares of the real estate investment trust’s stock valued at $37,104,000 after buying an additional 633,820 shares during the last quarter. LSV Asset Management boosted its stake in Xenia Hotels & Resorts by 99.4% during 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 purchasing an additional 531,127 shares during the last quarter. UBS Group AG boosted its stake in Xenia Hotels & Resorts by 275.1% during 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 purchasing an additional 403,149 shares during the last quarter. Centersquare Investment Management LLC bought a new stake in Xenia Hotels & Resorts in the 4th quarter worth about $4,708,000. Finally, Alliancebernstein L.P. grew its stake in shares of Xenia Hotels & Resorts by 44.8% in the third quarter. Alliancebernstein L.P. now owns 975,081 shares of the real estate investment trust’s stock worth $13,378,000 after acquiring an additional 301,578 shares during the period. 92.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on XHR shares. BMO Capital Markets restated an “outperform” rating and set a $21.00 price objective on shares of Xenia Hotels & Resorts in a research report on Friday, June 12th. Wells Fargo & Company raised their price target on Xenia Hotels & Resorts from $16.00 to $18.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Weiss Ratings raised Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, July 13th. Finally, KeyCorp increased their price objective on shares of Xenia Hotels & Resorts from $16.00 to $21.00 and gave the stock an “overweight” rating in a research note on Thursday, June 11th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Xenia Hotels & Resorts currently has a consensus rating of “Buy” and a consensus target price of $19.25.

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 shares were sold at an average price of $17.00, for a total transaction of $2,040,000.00. Following the completion of the transaction, the insider owned 250,805 shares of the company’s stock, valued at $4,263,685. This represents a 32.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 4.40% of the stock is currently owned by insiders.

Xenia Hotels & Resorts Price Performance

NYSE:XHR opened at $21.42 on Wednesday. The business’s 50-day simple moving average is $18.99 and its two-hundred day simple moving average is $16.61. Xenia Hotels & Resorts, Inc. has a 52 week low of $11.75 and a 52 week high of $21.44. The stock has a market cap of $1.98 billion, a PE ratio of 30.60 and a beta of 1.14. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 1.14.

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

Xenia Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a $0.14 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.56 annualized dividend and a yield of 2.6%. Xenia Hotels & Resorts’s payout ratio is presently 80.00%.

Xenia Hotels & Resorts Profile

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.