Victory Capital Management Inc. Has $906,000 Stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR)

Victory Capital Management Inc. increased its position in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 182.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 63,235 shares of the real estate investment trust’s stock after purchasing an additional 40,868 shares during the period. Victory Capital Management Inc. owned approximately 0.06% of Xenia Hotels & Resorts worth $906,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. VitalStone Financial LLC lifted its holdings in shares of Xenia Hotels & Resorts by 54.4% in the fourth quarter. VitalStone Financial LLC now owns 2,482 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 875 shares in the last quarter. Principal Securities Inc. bought a new position in Xenia Hotels & Resorts during the 4th quarter valued at $64,000. EntryPoint Capital LLC bought a new position in Xenia Hotels & Resorts during the 1st quarter valued at $135,000. O Shaughnessy Asset Management LLC purchased a new position in Xenia Hotels & Resorts during the 1st quarter worth $164,000. Finally, Cornerstone Investment Partners LLC bought a new stake in shares of Xenia Hotels & Resorts in the 1st quarter worth $168,000. Institutional investors and hedge funds own 92.43% of the company’s stock.

Analyst Ratings Changes

XHR has been the topic of several analyst reports. B. Riley cut their price target on shares of Xenia Hotels & Resorts from $17.00 to $15.50 and set a “neutral” rating on the stock in a report on Wednesday, August 7th. Wells Fargo & Company upgraded shares of Xenia Hotels & Resorts from an “equal weight” rating to an “overweight” rating and decreased their price objective for the company from $16.00 to $15.00 in a research note on Friday, September 13th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Xenia Hotels & Resorts currently has a consensus rating of “Hold” and an average price target of $15.30.

Xenia Hotels & Resorts Trading Down 0.4 %

NYSE:XHR opened at $15.15 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 2.26 and a current ratio of 2.26. The firm has a market cap of $1.54 billion, a price-to-earnings ratio of 79.74 and a beta of 1.51. Xenia Hotels & Resorts, Inc. has a 52 week low of $10.92 and a 52 week high of $15.84. The firm has a 50-day moving average price of $13.74 and a two-hundred day moving average price of $14.27.

Xenia Hotels & Resorts (NYSE:XHR) last posted its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.15 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.30). Xenia Hotels & Resorts had a net margin of 2.24% and a return on equity of 1.72%. The firm had revenue of $272.90 million during the quarter, compared to analysts’ expectations of $275.66 million. During the same quarter last year, the business posted $0.47 EPS. The company’s quarterly revenue was up .7% on a year-over-year basis. On average, equities analysts expect that Xenia Hotels & Resorts, Inc. will post 1.54 earnings per share for the current fiscal year.

Xenia Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date is Monday, September 30th. Xenia Hotels & Resorts’s dividend payout ratio is currently 252.63%.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc is a self-advised and self-administered REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts with a focus on the top 25 lodging markets as well as key leisure destinations in the United States. The Company owns 32 hotels and resorts comprising 9,511 rooms across 14 states.