Atish Shah Sells 120,000 Shares of Xenia Hotels & Resorts (NYSE:XHR) Stock

Xenia Hotels & Resorts, Inc. (NYSE:XHRGet Free Report) insider Atish Shah sold 120,000 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $17.00, for a total transaction of $2,040,000.00. Following the completion of the transaction, the insider owned 250,805 shares of the company’s stock, valued at $4,263,685. This trade represents a 32.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Xenia Hotels & Resorts Trading Down 1.0%

Xenia Hotels & Resorts stock opened at $16.44 on Wednesday. The firm has a 50 day simple moving average of $15.45 and a 200-day simple moving average of $14.81. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.05 and a quick ratio of 2.05. The stock has a market capitalization of $1.52 billion, a PE ratio of 23.49 and a beta of 1.17. Xenia Hotels & Resorts, Inc. has a 12-month low of $11.34 and a 12-month high of $17.23.

Xenia Hotels & Resorts (NYSE:XHRGet Free Report) last posted its quarterly earnings data on Friday, May 1st. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.03. The business had revenue of $295.41 million during the quarter, compared to analysts’ expectations of $291.33 million. Xenia Hotels & Resorts had a net margin of 6.20% and a return on equity of 5.53%. The business’s revenue was up 2.2% on a year-over-year basis. During the same period last year, the firm posted $0.51 earnings per share. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. As a group, equities research analysts expect that Xenia Hotels & Resorts, Inc. will post 1.81 EPS for the current fiscal year.

Xenia Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a dividend of $0.14 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.56 annualized dividend and a yield of 3.4%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is currently 80.00%.

Hedge Funds Weigh In On Xenia Hotels & Resorts

Hedge funds and other institutional investors have recently modified their holdings of the stock. MAI Capital Management boosted its position in shares of Xenia Hotels & Resorts by 475.6% in the 3rd quarter. MAI Capital Management now owns 2,026 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 1,674 shares during the period. Transamerica Financial Advisors LLC boosted its position in shares of Xenia Hotels & Resorts by 459.8% in the 4th quarter. Transamerica Financial Advisors LLC now owns 1,948 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 1,600 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Xenia Hotels & Resorts in the 4th quarter valued at $33,000. Harbor Capital Advisors Inc. boosted its stake in Xenia Hotels & Resorts by 152.3% in the 4th quarter. Harbor Capital Advisors Inc. now owns 3,017 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 1,821 shares during the period. Finally, Hantz Financial Services Inc. boosted its stake in Xenia Hotels & Resorts by 38.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 4,023 shares of the real estate investment trust’s stock worth $55,000 after purchasing an additional 1,119 shares during the period. Institutional investors and hedge funds own 92.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on XHR. BMO Capital Markets reaffirmed an “outperform” rating and set a $19.00 target price on shares of Xenia Hotels & Resorts in a research note on Monday, May 4th. Weiss Ratings raised Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, May 4th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Xenia Hotels & Resorts presently has a consensus rating of “Buy” and a consensus price target of $17.33.

Read Our Latest Analysis on Xenia Hotels & Resorts

About Xenia Hotels & Resorts

(Get Free Report)

Xenia Hotels & Resorts is a self-administered real estate investment trust (REIT) that specializes in owning, operating and acquiring premium full-service hotels across the United States. The company’s portfolio emphasizes upper-upscale and luxury properties, partnering with leading hotel brands to deliver a distinctive guest experience while targeting markets with strong leisure and corporate demand.

Founded as a spin-off from Marriott International in September 2016, Xenia has built a diversified collection of full-service hotels and resorts in key U.S.

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