Xenia Hotels & Resorts, Inc. (NYSE:XHR) Shares Acquired by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC lifted its holdings in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 500.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,988 shares of the real estate investment trust’s stock after buying an additional 1,657 shares during the period. Smartleaf Asset Management LLC’s holdings in Xenia Hotels & Resorts were worth $30,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Geode Capital Management LLC lifted its position in Xenia Hotels & Resorts by 2.3% in the third quarter. Geode Capital Management LLC now owns 2,649,168 shares of the real estate investment trust’s stock worth $39,135,000 after purchasing an additional 60,323 shares during the period. Barclays PLC lifted its position in Xenia Hotels & Resorts by 295.7% in the third quarter. Barclays PLC now owns 173,062 shares of the real estate investment trust’s stock worth $2,555,000 after purchasing an additional 129,328 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Xenia Hotels & Resorts by 2.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,331,970 shares of the real estate investment trust’s stock worth $34,443,000 after purchasing an additional 59,212 shares during the period. JPMorgan Chase & Co. lifted its position in Xenia Hotels & Resorts by 2.5% in the third quarter. JPMorgan Chase & Co. now owns 1,662,495 shares of the real estate investment trust’s stock worth $24,555,000 after purchasing an additional 40,807 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Xenia Hotels & Resorts by 370.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 718,961 shares of the real estate investment trust’s stock worth $10,619,000 after purchasing an additional 566,144 shares during the period. 92.43% of the stock is currently owned by institutional investors and hedge funds.

Xenia Hotels & Resorts Price Performance

Shares of NYSE:XHR opened at $12.78 on Thursday. Xenia Hotels & Resorts, Inc. has a one year low of $12.34 and a one year high of $16.50. The stock has a fifty day moving average of $14.35 and a 200-day moving average of $14.68. The company has a market capitalization of $1.30 billion, a PE ratio of 55.58 and a beta of 1.47. The company has a debt-to-equity ratio of 1.07, a quick ratio of 2.20 and a current ratio of 2.20.

Xenia Hotels & Resorts (NYSE:XHR) last announced its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.34. The company had revenue of $261.80 million during the quarter, compared to the consensus estimate of $263.47 million. Xenia Hotels & Resorts had a return on equity of 1.86% and a net margin of 2.37%. The company’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.41 EPS. As a group, equities analysts anticipate that Xenia Hotels & Resorts, Inc. will post 1.46 EPS for the current fiscal year.

Xenia Hotels & Resorts Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a $0.14 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.38%. This is a positive change from Xenia Hotels & Resorts’s previous quarterly dividend of $0.12. Xenia Hotels & Resorts’s dividend payout ratio is presently 373.33%.

Wall Street Analysts Forecast Growth

XHR has been the subject of a number of research analyst reports. StockNews.com upgraded Xenia Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Thursday, February 27th. Jefferies Financial Group increased their price objective on Xenia Hotels & Resorts from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday, January 2nd. Finally, Wells Fargo & Company cut their price objective on Xenia Hotels & Resorts from $18.00 to $17.00 and set an “overweight” rating for the company in a research report on Tuesday, February 18th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $17.38.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc is a real estate investment trust, which engages in the investment of luxury and upper upscale hotels and resorts. It also owns a diversified portfolio of lodging properties operated by Marriott, Kimpton, Hyatt, Aston, Fairmong, and Loews. The company was founded in 2007 and is headquartered in Orlando, FL.