Nisa Investment Advisors LLC Sells 2,601 Shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR)

Nisa Investment Advisors LLC cut its holdings in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 7.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 34,137 shares of the real estate investment trust’s stock after selling 2,601 shares during the period. Nisa Investment Advisors LLC’s holdings in Xenia Hotels & Resorts were worth $512,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Loomis Sayles & Co. L P lifted its position in Xenia Hotels & Resorts by 3,146.0% during the 3rd quarter. Loomis Sayles & Co. L P now owns 2,045 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 1,982 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Xenia Hotels & Resorts by 34.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,958 shares of the real estate investment trust’s stock worth $60,000 after buying an additional 1,023 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in shares of Xenia Hotels & Resorts by 2,559.7% during the third quarter. International Assets Investment Management LLC now owns 9,761 shares of the real estate investment trust’s stock worth $144,000 after acquiring an additional 9,394 shares during the period. Algert Global LLC acquired a new position in Xenia Hotels & Resorts in the 2nd quarter valued at $147,000. Finally, Metis Global Partners LLC acquired a new stake in Xenia Hotels & Resorts in the 3rd quarter worth about $155,000. Institutional investors and hedge funds own 92.43% of the company’s stock.

Xenia Hotels & Resorts Stock Performance

XHR stock opened at $15.21 on Wednesday. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 1.07. The firm has a market cap of $1.55 billion, a PE ratio of 66.11 and a beta of 1.51. The business has a 50 day moving average of $15.26 and a 200-day moving average of $14.60. Xenia Hotels & Resorts, Inc. has a 12-month low of $12.34 and a 12-month high of $16.50.

Xenia Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 3.16%. The ex-dividend date was Tuesday, December 31st. Xenia Hotels & Resorts’s dividend payout ratio is 208.70%.

Analysts Set New Price Targets

XHR has been the subject of a number of recent analyst reports. Jefferies Financial Group upped their price target on shares of Xenia Hotels & Resorts from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Thursday, January 2nd. StockNews.com raised shares of Xenia Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Monday. Finally, Wells Fargo & Company increased their price objective 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. Two investment 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, the stock has an average rating of “Moderate Buy” and an average price target of $17.63.

Xenia Hotels & Resorts 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.