Janus Henderson Group PLC Cuts Stock Holdings in Xenia Hotels & Resorts, Inc. (NYSE:XHR)

Janus Henderson Group PLC lowered its position in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 31.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,298 shares of the real estate investment trust’s stock after selling 17,200 shares during the period. Janus Henderson Group PLC’s holdings in Xenia Hotels & Resorts were worth $566,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Martingale Asset Management L P lifted its holdings in shares of Xenia Hotels & Resorts by 6.5% in the 3rd quarter. Martingale Asset Management L P now owns 216,913 shares of the real estate investment trust’s stock valued at $3,204,000 after buying an additional 13,162 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised 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 acquiring an additional 566,144 shares in the last quarter. Loomis Sayles & Co. L P raised its position in Xenia Hotels & Resorts by 3,146.0% in the third quarter. Loomis Sayles & Co. L P now owns 2,045 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 1,982 shares in the last quarter. Daiwa Securities Group Inc. lifted its holdings 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, Charles Schwab Investment Management Inc. boosted its position in shares of Xenia Hotels & Resorts by 2.6% during the 3rd 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 in the last quarter. Hedge funds and other institutional investors own 92.43% of the company’s stock.

Analysts Set New Price Targets

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

Xenia Hotels & Resorts Stock Down 1.3 %

XHR stock opened at $15.85 on Friday. The company has a debt-to-equity ratio of 1.07, a current ratio of 2.20 and a quick ratio of 2.20. The company’s 50 day simple moving average is $15.12 and its 200-day simple moving average is $14.41. The firm has a market capitalization of $1.61 billion, a PE ratio of 68.92 and a beta of 1.52. Xenia Hotels & Resorts, Inc. has a 12 month low of $12.34 and a 12 month high of $16.50.

Xenia Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.48 annualized dividend and a yield of 3.03%. Xenia Hotels & Resorts’s 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.