AdvisorShares Investments LLC Has $106,000 Position in Xenia Hotels & Resorts, Inc. $XHR

AdvisorShares Investments LLC grew its stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 38.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,400 shares of the real estate investment trust’s stock after purchasing an additional 2,320 shares during the period. AdvisorShares Investments LLC’s holdings in Xenia Hotels & Resorts were worth $106,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Millennium Management LLC grew its stake in shares of Xenia Hotels & Resorts by 17.8% during the first quarter. Millennium Management LLC now owns 2,126,198 shares of the real estate investment trust’s stock worth $25,004,000 after buying an additional 321,343 shares during the last quarter. Woodline Partners LP grew its stake in shares of Xenia Hotels & Resorts by 138.9% during the first quarter. Woodline Partners LP now owns 1,650,570 shares of the real estate investment trust’s stock worth $19,411,000 after buying an additional 959,641 shares during the last quarter. Cramer Rosenthal Mcglynn LLC grew its stake in shares of Xenia Hotels & Resorts by 3.9% during the first quarter. Cramer Rosenthal Mcglynn LLC now owns 1,013,394 shares of the real estate investment trust’s stock worth $11,918,000 after buying an additional 37,662 shares during the last quarter. Adage Capital Partners GP L.L.C. grew its stake in shares of Xenia Hotels & Resorts by 1,207.7% during the first quarter. Adage Capital Partners GP L.L.C. now owns 650,000 shares of the real estate investment trust’s stock worth $7,644,000 after buying an additional 600,294 shares during the last quarter. Finally, Allianz Asset Management GmbH grew its stake in shares of Xenia Hotels & Resorts by 17.4% during the second quarter. Allianz Asset Management GmbH now owns 615,132 shares of the real estate investment trust’s stock worth $7,732,000 after buying an additional 91,349 shares during the last quarter. Institutional investors own 92.43% of the company’s stock.

Wall Street Analyst Weigh In

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

Xenia Hotels & Resorts Price Performance

Shares of NYSE:XHR opened at $12.38 on Friday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.96 and a current ratio of 2.96. Xenia Hotels & Resorts, Inc. has a 52 week low of $8.55 and a 52 week high of $16.50. The firm’s fifty day moving average is $13.74 and its 200-day moving average is $12.75. The firm has a market cap of $1.19 billion, a PE ratio of 19.64 and a beta of 1.73.

Xenia Hotels & Resorts (NYSE:XHR) last released its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.39. Xenia Hotels & Resorts had a net margin of 5.86% and a return on equity of 4.95%. The firm had revenue of $236.42 million during the quarter, compared to analyst estimates of $236.16 million. During the same quarter last year, the business earned $0.25 EPS. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.680-1.76 EPS. Sell-side analysts predict that Xenia Hotels & Resorts, Inc. will post 1.46 earnings per share for the current year.

Xenia Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were issued a $0.14 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $0.56 annualized dividend and a yield of 4.5%. Xenia Hotels & Resorts’s payout ratio is presently 88.89%.

Xenia Hotels & Resorts Profile

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.