Xenia Hotels & Resorts (NYSE:XHR) Stock Crosses Above 50-Day Moving Average – Should You Sell?

Shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR – Get Free Report) passed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $18.44 and traded as high as $19.78. Xenia Hotels & Resorts shares last traded at $19.5120, with a volume of 549,395 shares trading hands.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Weiss Ratings lowered Xenia Hotels & Resorts from a “hold (c+)” rating to a “hold (c-)” rating in a report on Thursday, August 13th. Wells Fargo & Company upped their price target on Xenia Hotels & Resorts from $18.00 to $22.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Finally, BMO Capital Markets downgraded Xenia Hotels & Resorts from an “outperform” rating to a “market perform” rating and decreased their price target for the stock from $22.00 to $20.50 in a report on Tuesday, September 1st. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $20.12.

Read Our Latest Stock Analysis on XHR

Xenia Hotels & Resorts Price Performance

The company has a market cap of $1.80 billion, a price-to-earnings ratio of -278.70 and a beta of 1.18. The company has a current ratio of 2.47, a quick ratio of 2.47 and a debt-to-equity ratio of 1.17. The company’s 50 day moving average price is $18.44 and its 200 day moving average price is $18.44.

Xenia Hotels & Resorts (NYSE:XHR – Get Free Report) last issued its earnings results on Thursday, July 30th. The real estate investment trust reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.37. Xenia Hotels & Resorts had a negative net margin of 0.66% and a negative return on equity of 0.61%. The business had revenue of $295.49 million for the quarter, compared to the consensus estimate of $302.39 million. During the same quarter in the previous year, the firm earned $0.57 earnings per share. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.960-2.080 EPS. Equities research analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.89 earnings per share for the current year.

Xenia Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were given a $0.14 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $0.56 dividend on an annualized basis and a yield of 2.9%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is presently -800.00%.

Hedge Funds Weigh In On Xenia Hotels & Resorts

A number of large investors have recently modified their holdings of XHR. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Xenia Hotels & Resorts in the 2nd quarter valued at approximately $5,174,000. Great Lakes Advisors LLC purchased a new stake in shares of Xenia Hotels & Resorts in the second quarter valued at approximately $1,599,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Xenia Hotels & Resorts during the second quarter worth $1,636,000. Jupiter Topco LLC acquired a new position in Xenia Hotels & Resorts during the second quarter worth $3,717,000. Finally, Amundi grew its holdings in Xenia Hotels & Resorts by 501.2% during the second quarter. Amundi now owns 419,570 shares of the real estate investment trust’s stock worth $8,542,000 after acquiring an additional 349,783 shares during the period. 92.43% of the stock is owned by hedge funds and other institutional investors.

About Xenia Hotels & Resorts

(Get Free Report)

Xenia Hotels & Resorts, Inc is a real estate investment trust that owns a portfolio of luxury and upper-upscale hotels and resorts in the United States. The company focuses on acquiring, owning and selectively renovating lodging properties in major business and leisure destinations.

Xenia’s properties operate under a range of well-known hotel brands, including Marriott, Hyatt, Hilton and other leading hospitality companies, as well as independent or lifestyle brands. Its hotels offer accommodations, food and beverage services, meeting and event facilities, and other amenities designed for business and leisure travelers.

The company’s portfolio is concentrated in urban and destination markets with strong lodging demand, including major gateway cities, resorts and other high-quality locations across the United States.

Further Reading

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