Koshinski Asset Management Inc. Has $197,000 Position in Xenia Hotels & Resorts, Inc. $XHR

Koshinski Asset Management Inc. lowered its stake in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 13.8% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,692 shares of the real estate investment trust’s stock after selling 2,513 shares during the period. Koshinski Asset Management Inc.’s holdings in Xenia Hotels & Resorts were worth $197,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of XHR. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Xenia Hotels & Resorts by 11.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 19,631 shares of the real estate investment trust’s stock valued at $231,000 after buying an additional 1,943 shares during the period. QRG Capital Management Inc. boosted its stake in shares of Xenia Hotels & Resorts by 8.2% during the 1st quarter. QRG Capital Management Inc. now owns 19,963 shares of the real estate investment trust’s stock valued at $235,000 after buying an additional 1,518 shares during the period. Oppenheimer Asset Management Inc. boosted its stake in shares of Xenia Hotels & Resorts by 4.3% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 31,900 shares of the real estate investment trust’s stock valued at $375,000 after buying an additional 1,327 shares during the period. Asset Management One Co. Ltd. boosted its stake in shares of Xenia Hotels & Resorts by 0.8% during the 1st quarter. Asset Management One Co. Ltd. now owns 153,705 shares of the real estate investment trust’s stock valued at $1,808,000 after buying an additional 1,204 shares during the period. Finally, Illinois Municipal Retirement Fund boosted its stake in shares of Xenia Hotels & Resorts by 3.9% during the 1st quarter. Illinois Municipal Retirement Fund now owns 54,016 shares of the real estate investment trust’s stock valued at $635,000 after buying an additional 2,043 shares during the period. Institutional investors and hedge funds own 92.43% of the company’s stock.

Xenia Hotels & Resorts Stock Performance

Shares of XHR opened at $13.35 on Wednesday. The company has a market capitalization of $1.28 billion, a PE ratio of 21.19 and a beta of 1.73. Xenia Hotels & Resorts, Inc. has a one year low of $8.55 and a one year high of $16.50. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.96 and a quick ratio of 2.96. The company’s fifty day moving average price is $13.81 and its 200 day moving average price is $12.58.

Xenia Hotels & Resorts (NYSE:XHR) last announced its earnings results on Friday, August 1st. The real estate investment trust reported $0.57 EPS for the quarter, topping the consensus estimate of $0.43 by $0.14. The firm had revenue of $287.58 million for the quarter, compared to the consensus estimate of $273.43 million. Xenia Hotels & Resorts had a net margin of 5.86% and a return on equity of 4.95%. The business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.52 EPS. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.660-1.800 EPS. As a group, analysts expect that Xenia Hotels & Resorts, Inc. will post 1.46 earnings per share for the current year.

Xenia Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Tuesday, September 30th. Xenia Hotels & Resorts’s payout ratio is 88.89%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on XHR. Weiss Ratings reissued a “hold (c)” rating on shares of Xenia Hotels & Resorts in a research note on Wednesday, October 8th. Wall Street Zen downgraded shares of Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Saturday, August 2nd. Wells Fargo & Company upgraded shares of Xenia Hotels & Resorts to a “strong-buy” rating in a report on Friday, October 3rd. Finally, BMO Capital Markets lifted their target price on shares of Xenia Hotels & Resorts from $15.00 to $16.00 and gave the stock an “outperform” rating in a report on Tuesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $13.20.

About Xenia Hotels & Resorts

Xenia Hotels & Resorts, Inc is a real estate investment trust, which engages in the provision of investment in 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.