Legal & General Group Plc Takes $12.76 Million Position in Xenia Hotels & Resorts, Inc. $XHR

Legal & General Group Plc acquired a new stake in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) during the second quarter, HoldingsChannel reports. The fund acquired 626,892 shares of the real estate investment trust’s stock, valued at approximately $12,764,000.

A number of other hedge funds also recently bought and sold shares of XHR. Global Retirement Partners LLC bought a new position in shares of Xenia Hotels & Resorts in the 2nd quarter worth $26,000. Northwestern Mutual Wealth Management Co. bought a new position in Xenia Hotels & Resorts in the second quarter worth about $34,000. Allworth Financial LP purchased a new stake in shares of Xenia Hotels & Resorts during the second quarter valued at about $37,000. Transamerica Financial Advisors LLC boosted its holdings in shares of Xenia Hotels & Resorts by 459.8% in the 4th quarter. Transamerica Financial Advisors LLC now owns 1,948 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 1,600 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Xenia Hotels & Resorts in the 4th quarter valued at about $33,000. Hedge funds and other institutional investors own 92.43% of the company’s stock.

Xenia Hotels & Resorts Price Performance

Shares of XHR stock opened at $18.75 on Tuesday. Xenia Hotels & Resorts, Inc. has a fifty-two week low of $11.75 and a fifty-two week high of $22.06. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.47 and a current ratio of 2.47. The firm has a market capitalization of $1.73 billion, a price-to-earnings ratio of -267.82 and a beta of 1.15. The stock’s 50-day simple moving average is $20.12 and its 200-day simple moving average is $17.63.

Xenia Hotels & Resorts (NYSE:XHR) last announced its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.61 EPS for the quarter, beating the consensus estimate of $0.24 by $0.37. The firm had revenue of $295.49 million during the quarter, compared to analyst estimates of $302.39 million. Xenia Hotels & Resorts had a negative net margin of 0.66% and a negative return on equity of 0.61%. Xenia Hotels & Resorts’s revenue was up 2.7% on a year-over-year basis. During the same period last year, the firm posted $0.57 EPS. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.960-2.080 EPS. As a group, equities analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.89 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

XHR has been the subject of several recent analyst reports. KeyCorp raised their target price on shares of Xenia Hotels & Resorts from $16.00 to $21.00 and gave the company an “overweight” rating in a research note on Thursday, June 11th. Wells Fargo & Company upped their price target on Xenia Hotels & Resorts from $18.00 to $22.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. BMO Capital Markets reiterated an “outperform” rating and set a $21.00 price objective on shares of Xenia Hotels & Resorts in a report on Friday, June 12th. Finally, Weiss Ratings cut Xenia Hotels & Resorts from a “hold (c+)” rating to a “hold (c-)” rating in a research report on Thursday, August 13th. Three research 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 a consensus target price of $20.25.

Xenia Hotels & Resorts Company 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.