Xenia Hotels & Resorts, Inc. (NYSE:XHR) Shares Purchased by Fifth Third Bancorp

Fifth Third Bancorp raised its holdings in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 2,492.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,541 shares of the real estate investment trust’s stock after acquiring an additional 2,443 shares during the period. Fifth Third Bancorp’s holdings in Xenia Hotels & Resorts were worth $38,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC raised its position in shares of 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 acquiring an additional 60,323 shares during the period. Barclays PLC grew its stake in Xenia Hotels & Resorts by 295.7% during the 3rd quarter. Barclays PLC now owns 173,062 shares of the real estate investment trust’s stock valued at $2,555,000 after acquiring an additional 129,328 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of 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 valued at $34,443,000 after purchasing an additional 59,212 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Xenia Hotels & Resorts by 2.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,662,495 shares of the real estate investment trust’s stock valued at $24,555,000 after buying an additional 40,807 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Xenia Hotels & Resorts by 370.5% during 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 last quarter. 92.43% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently commented on XHR shares. Wells Fargo & Company upped their price objective on Xenia Hotels & Resorts from $17.00 to $18.00 and gave the company an “overweight” rating in a report on Monday, December 9th. Jefferies Financial Group boosted their price target on shares of Xenia Hotels & Resorts from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Thursday, January 2nd. Finally, StockNews.com raised Xenia Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Monday, January 27th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $17.63.

Xenia Hotels & Resorts Stock Down 0.7 %

XHR stock opened at $14.96 on Monday. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 1.07. The company’s 50 day moving average is $15.26 and its two-hundred day moving average is $14.60. The stock has a market cap of $1.52 billion, a P/E ratio of 65.05 and a beta of 1.51. Xenia Hotels & Resorts, Inc. has a twelve month low of $12.34 and a twelve month high of $16.50.

Xenia Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 3.21%. The ex-dividend date was Tuesday, December 31st. Xenia Hotels & Resorts’s payout ratio is currently 208.70%.

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.