LSV Asset Management Buys 92,447 Shares of Xenia Hotels & Resorts, Inc. $XHR

LSV Asset Management grew its stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 1,170.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 100,347 shares of the real estate investment trust’s stock after acquiring an additional 92,447 shares during the quarter. LSV Asset Management owned about 0.10% of Xenia Hotels & Resorts worth $1,261,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in XHR. Aberdeen Group plc boosted its position in Xenia Hotels & Resorts by 3.6% during the first quarter. Aberdeen Group plc now owns 27,543 shares of the real estate investment trust’s stock valued at $324,000 after purchasing an additional 958 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of Xenia Hotels & Resorts by 1.7% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 58,312 shares of the real estate investment trust’s stock valued at $733,000 after buying an additional 975 shares during the last quarter. Arete Wealth Advisors LLC boosted its holdings in shares of Xenia Hotels & Resorts by 5.4% in the 1st quarter. Arete Wealth Advisors LLC now owns 21,099 shares of the real estate investment trust’s stock valued at $248,000 after buying an additional 1,085 shares in the last quarter. Inspire Investing LLC grew its position in shares of Xenia Hotels & Resorts by 6.4% in the 2nd quarter. Inspire Investing LLC now owns 31,189 shares of the real estate investment trust’s stock worth $392,000 after buying an additional 1,865 shares during the last quarter. Finally, Nordea Investment Management AB grew its position in shares of Xenia Hotels & Resorts by 0.4% in the 2nd quarter. Nordea Investment Management AB now owns 493,554 shares of the real estate investment trust’s stock worth $6,177,000 after buying an additional 1,944 shares during the last quarter. 92.43% of the stock is currently owned by hedge funds and other institutional investors.

Xenia Hotels & Resorts Trading Up 3.8%

Shares of Xenia Hotels & Resorts stock opened at $13.91 on Friday. The firm’s 50 day simple moving average is $13.49 and its two-hundred day simple moving average is $13.07. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 22.08 and a beta of 1.71. Xenia Hotels & Resorts, Inc. has a 12-month low of $8.55 and a 12-month high of $16.50. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.13.

Xenia Hotels & Resorts (NYSE:XHR) last posted its quarterly earnings data on Friday, October 31st. The real estate investment trust reported $0.23 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 business had revenue of $236.42 million during the quarter, compared to the consensus estimate of $236.16 million. During the same period in the previous year, the firm posted $0.25 earnings per share. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.680-1.76 EPS. Analysts predict that Xenia Hotels & Resorts, Inc. will post 1.46 EPS for the current year.

Xenia Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 4.0%. The ex-dividend date is Wednesday, December 31st. Xenia Hotels & Resorts’s payout ratio is presently 100.00%.

Analysts Set New Price Targets

A number of research firms recently commented on XHR. Weiss Ratings reissued a “hold (c-)” rating on shares of Xenia Hotels & Resorts in a research report on Thursday, November 13th. BMO Capital Markets upped their price target on Xenia Hotels & Resorts from $15.00 to $16.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 2nd. Wall Street Zen cut Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Finally, Wells Fargo & Company upgraded Xenia Hotels & Resorts to a “strong-buy” rating in a research note on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $13.20.

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.