AlphaQuest LLC Increases Position in Xenia Hotels & Resorts, Inc. $XHR

AlphaQuest LLC lifted its holdings in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 384.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 132,949 shares of the real estate investment trust’s stock after buying an additional 105,529 shares during the period. AlphaQuest LLC’s holdings in Xenia Hotels & Resorts were worth $1,824,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its stake in Xenia Hotels & Resorts by 18.9% during 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 acquiring an additional 4,950 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Xenia Hotels & Resorts by 75.0% in the first quarter. AQR Capital Management LLC now owns 39,894 shares of the real estate investment trust’s stock valued at $469,000 after purchasing an additional 17,097 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of 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 during the last quarter. Jane Street Group LLC lifted its holdings in shares of 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 during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Xenia Hotels & Resorts by 77.1% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 34,768 shares of the real estate investment trust’s stock worth $459,000 after purchasing an additional 15,137 shares during the period. Institutional investors and hedge funds own 92.43% of the company’s stock.

Xenia Hotels & Resorts Trading Down 0.3%

Shares of Xenia Hotels & Resorts stock opened at $14.75 on Friday. The company has a 50-day moving average of $14.51 and a two-hundred day moving average of $13.84. Xenia Hotels & Resorts, Inc. has a 12-month low of $8.55 and a 12-month high of $15.60. The company has a current ratio of 2.51, a quick ratio of 2.51 and a debt-to-equity ratio of 1.16. The stock has a market cap of $1.40 billion, a PE ratio of 26.33 and a beta of 1.23.

Xenia Hotels & Resorts (NYSE:XHR) last released its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.39. The business had revenue of $236.42 million for the quarter, compared to analysts’ expectations of $236.16 million. Xenia Hotels & Resorts had a return on equity of 4.50% and a net margin of 5.24%.During the same quarter in the prior year, the firm posted $0.25 EPS. On average, research analysts anticipate that Xenia Hotels & Resorts, Inc. will post 1.46 EPS for the current fiscal year.

Xenia Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a $0.14 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.8%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is currently 100.00%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Wells Fargo & Company boosted their price objective on shares of Xenia Hotels & Resorts from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Monday, December 1st. Weiss Ratings reaffirmed 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 shares of Xenia Hotels & Resorts in a report on Monday, January 12th. Finally, Wall Street Zen lowered Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Xenia Hotels & Resorts has a consensus rating of “Hold” and a consensus target price of $14.00.

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.