Xenia Hotels & Resorts, Inc. (NYSE:XHR) Holdings Raised by Barclays PLC

Barclays PLC lifted its position in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 295.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 173,062 shares of the real estate investment trust’s stock after acquiring an additional 129,328 shares during the period. Barclays PLC owned about 0.17% of Xenia Hotels & Resorts worth $2,555,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio increased its stake in Xenia Hotels & Resorts by 0.4% during the third quarter. Public Employees Retirement System of Ohio now owns 255,662 shares of the real estate investment trust’s stock valued at $3,776,000 after purchasing an additional 962 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in Xenia Hotels & Resorts by 34.9% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,958 shares of the real estate investment trust’s stock worth $60,000 after acquiring an additional 1,023 shares during the period. MML Investors Services LLC lifted its holdings in Xenia Hotels & Resorts by 12.0% in the third quarter. MML Investors Services LLC now owns 12,451 shares of the real estate investment trust’s stock worth $184,000 after acquiring an additional 1,338 shares during the last quarter. Daiwa Securities Group Inc. boosted its stake in Xenia Hotels & Resorts by 4.4% in the third quarter. Daiwa Securities Group Inc. now owns 33,728 shares of the real estate investment trust’s stock valued at $498,000 after acquiring an additional 1,415 shares during the period. Finally, Commonwealth Equity Services LLC grew its holdings in shares of Xenia Hotels & Resorts by 0.9% during the second quarter. Commonwealth Equity Services LLC now owns 195,455 shares of the real estate investment trust’s stock valued at $2,801,000 after purchasing an additional 1,699 shares during the last quarter. 92.43% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on XHR. StockNews.com lowered Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Monday, November 11th. Wells Fargo & Company upped their price target on shares of Xenia Hotels & Resorts from $17.00 to $18.00 and gave the stock an “overweight” rating in a research report on Monday, December 9th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $17.13.

Xenia Hotels & Resorts Stock Up 0.8 %

Shares of Xenia Hotels & Resorts stock opened at $15.22 on Wednesday. The company has a debt-to-equity ratio of 1.07, a current ratio of 2.20 and a quick ratio of 2.20. Xenia Hotels & Resorts, Inc. has a 1-year low of $12.34 and a 1-year high of $16.50. The business’s fifty day moving average price is $15.18 and its two-hundred day moving average price is $14.46. The company has a market capitalization of $1.55 billion, a P/E ratio of 66.18 and a beta of 1.52.

Xenia Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date is Tuesday, December 31st. Xenia Hotels & Resorts’s dividend payout ratio is currently 208.70%.

About Xenia Hotels & Resorts

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.