Xenia Hotels & Resorts, Inc. (NYSE:XHR – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $21.74 and last traded at $21.72, with a volume of 15016 shares traded. The stock had previously closed at $21.49.
Analyst Ratings Changes
Several equities analysts have recently weighed in on XHR shares. Weiss Ratings upgraded Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, July 13th. KeyCorp increased their price objective on Xenia Hotels & Resorts from $16.00 to $21.00 and gave the stock an “overweight” rating in a report on Thursday, June 11th. BMO Capital Markets restated an “outperform” rating and issued a $21.00 target price on shares of Xenia Hotels & Resorts in a research note on Friday, June 12th. Finally, Wells Fargo & Company lifted their target price on Xenia Hotels & Resorts from $18.00 to $22.00 and gave the company an “overweight” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company’s stock. According to data from MarketBeat, Xenia Hotels & Resorts presently has an average rating of “Buy” and an average target price of $20.25.
Get Our Latest Analysis on Xenia Hotels & Resorts
Xenia Hotels & Resorts Stock Performance
Xenia Hotels & Resorts (NYSE:XHR – Get Free Report) last released its quarterly earnings results on Friday, May 1st. The real estate investment trust reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.03. The firm had revenue of $295.41 million during the quarter, compared to analyst estimates 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 for the quarter was up 2.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.51 EPS. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. As a group, sell-side analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.81 earnings per share for the current fiscal year.
Xenia Hotels & Resorts Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.14 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.6%. Xenia Hotels & Resorts’s dividend payout ratio is presently 80.00%.
Insider Buying and Selling
In other Xenia Hotels & Resorts news, insider Atish Shah sold 120,000 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $17.00, for a total transaction of $2,040,000.00. Following the sale, the insider owned 250,805 shares in the company, valued at $4,263,685. This trade represents a 32.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 4.40% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. Illinois Municipal Retirement Fund increased its holdings in shares of Xenia Hotels & Resorts by 1.5% in the fourth quarter. Illinois Municipal Retirement Fund now owns 51,703 shares of the real estate investment trust’s stock worth $731,000 after buying an additional 761 shares during the period. Deutsche Bank AG raised its stake in Xenia Hotels & Resorts by 0.6% in the fourth quarter. Deutsche Bank AG now owns 131,208 shares of the real estate investment trust’s stock worth $1,855,000 after buying an additional 803 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of Xenia Hotels & Resorts by 0.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 97,098 shares of the real estate investment trust’s stock valued at $1,373,000 after purchasing an additional 875 shares during the period. Mercer Global Advisors Inc. ADV lifted its position in Xenia Hotels & Resorts by 3.3% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 31,639 shares of the real estate investment trust’s stock valued at $447,000 after buying an additional 1,004 shares during the period. Finally, CWM LLC boosted its stake in Xenia Hotels & Resorts by 5.1% during the fourth quarter. CWM LLC now owns 21,491 shares of the real estate investment trust’s stock worth $304,000 after acquiring an additional 1,049 shares in the last quarter. 92.43% of the stock is owned by hedge funds and other institutional investors.
Xenia Hotels & Resorts Company Profile
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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