Wellington Management Group LLP Sells 1,163,321 Shares of Xenia Hotels & Resorts, Inc. $XHR

Wellington Management Group LLP lessened its holdings in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 22.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,081,029 shares of the real estate investment trust’s stock after selling 1,163,321 shares during the quarter. Wellington Management Group LLP’s holdings in Xenia Hotels & Resorts were worth $83,090,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Xenia Hotels & Resorts Price Performance

NYSE:XHR opened at $18.43 on Thursday. The company has a quick ratio of 2.47, a current ratio of 2.47 and a debt-to-equity ratio of 1.17. The business’s 50-day simple moving average is $20.05 and its two-hundred day simple moving average is $17.67. The stock has a market cap of $1.70 billion, a PE ratio of -263.18 and a beta of 1.14. Xenia Hotels & Resorts, Inc. has a 52 week low of $11.75 and a 52 week high of $22.06.

Xenia Hotels & Resorts (NYSE:XHR) last released its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 0.61% and a negative net margin of 0.66%.The business’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.57 earnings per share. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.960-2.080 EPS. As a group, analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.89 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

XHR has been the topic of several recent research reports. KeyCorp raised their price objective on Xenia Hotels & Resorts from $16.00 to $21.00 and gave the stock an “overweight” rating in a research note on Thursday, June 11th. Wells Fargo & Company boosted their price objective on Xenia Hotels & Resorts from $18.00 to $22.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. BMO Capital Markets lowered shares of Xenia Hotels & Resorts from an “outperform” rating to a “market perform” rating and reduced their target price for the stock from $22.00 to $20.50 in a report on Tuesday. Finally, Weiss Ratings cut shares of Xenia Hotels & Resorts from a “hold (c+)” rating to a “hold (c-)” rating in a research note on Thursday, August 13th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $20.12.

About Xenia Hotels & Resorts

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.