Xenia Hotels & Resorts, Inc. (NYSE:XHR) Shares Bought by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 37.8% during the 4th quarter, Holdings Channel reports. The firm owned 54,707 shares of the real estate investment trust’s stock after buying an additional 15,002 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Xenia Hotels & Resorts were worth $813,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Loomis Sayles & Co. L P lifted its holdings 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. Smartleaf Asset Management LLC grew its stake in shares of Xenia Hotels & Resorts by 500.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,988 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 1,657 shares in the last quarter. Fifth Third Bancorp increased its position in shares of Xenia Hotels & Resorts by 2,492.9% during the fourth quarter. Fifth Third Bancorp now owns 2,541 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 2,443 shares during the period. KBC Group NV raised its stake in shares of Xenia Hotels & Resorts by 67.1% in the fourth quarter. KBC Group NV now owns 6,365 shares of the real estate investment trust’s stock valued at $95,000 after acquiring an additional 2,557 shares in the last quarter. Finally, IFP Advisors Inc boosted its holdings in Xenia Hotels & Resorts by 16.5% in the fourth quarter. IFP Advisors Inc now owns 8,817 shares of the real estate investment trust’s stock valued at $131,000 after purchasing an additional 1,250 shares during the period. Hedge funds and other institutional investors own 92.43% of the company’s stock.

Wall Street Analyst Weigh In

XHR has been the topic of several recent research reports. KeyCorp cut their price target on Xenia Hotels & Resorts from $17.00 to $16.00 and set an “overweight” rating on the stock in a report on Monday. Wells Fargo & Company decreased their price target on shares of Xenia Hotels & Resorts from $18.00 to $17.00 and set an “overweight” rating for the company in a research note on Tuesday, February 18th. Jefferies Financial Group increased their price objective on shares of Xenia Hotels & Resorts from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday, January 2nd. Finally, StockNews.com cut shares of Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Monday. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $17.13.

Xenia Hotels & Resorts Stock Performance

Shares of XHR opened at $12.29 on Thursday. The company has a market capitalization of $1.25 billion, a price-to-earnings ratio of 53.42 and a beta of 1.47. Xenia Hotels & Resorts, Inc. has a 52-week low of $12.04 and a 52-week high of $16.50. 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 stock has a 50 day moving average price of $13.91 and a 200 day moving average price of $14.59.

Xenia Hotels & Resorts (NYSE:XHR) last issued its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.34. The business had revenue of $261.80 million during the quarter, compared to the consensus estimate of $263.47 million. Xenia Hotels & Resorts had a net margin of 2.37% and a return on equity of 1.86%. The company’s revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.41 EPS. Research analysts predict that Xenia Hotels & Resorts, Inc. will post 1.46 EPS for the current fiscal year.

Xenia Hotels & Resorts Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.14 per share. This is a positive change from Xenia Hotels & Resorts’s previous quarterly dividend of $0.12. The ex-dividend date is Monday, March 31st. This represents a $0.56 annualized dividend and a dividend yield of 4.56%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is presently 373.33%.

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.