Xenia Hotels & Resorts (NYSE:XHR) Trading Down 8.2% – Here’s What Happened

Shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) fell 8.2% during mid-day trading on Thursday . The stock traded as low as $20.19 and last traded at $20.0310. Approximately 100,958 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 760,748 shares. The stock had previously closed at $21.82.

Analysts Set New Price Targets

Several equities analysts have recently commented on XHR shares. KeyCorp boosted their target price on shares of Xenia Hotels & Resorts from $16.00 to $21.00 and gave the company an “overweight” rating in a research report on Thursday, June 11th. Wells Fargo & Company boosted their price objective on shares of Xenia Hotels & Resorts from $18.00 to $22.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Weiss Ratings upgraded Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $21.00 target price on shares of Xenia Hotels & Resorts in a report on Friday, June 12th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $20.25.

Xenia Hotels & Resorts Price Performance

The stock has a market capitalization of $1.86 billion, a price-to-earnings ratio of 28.83 and a beta of 1.14. The company has a fifty day simple moving average of $19.60 and a 200 day simple moving average of $16.91. The company has a debt-to-equity ratio of 1.14, a quick ratio of 2.05 and a current ratio of 2.05.

Xenia Hotels & Resorts (NYSE:XHR) last announced its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.37. Xenia Hotels & Resorts had a net margin of 6.20% and a return on equity of 5.53%. The company had revenue of $295.49 million for the quarter, compared to analysts’ expectations of $302.39 million. During the same period in the prior year, the company posted $0.57 EPS. Xenia Hotels & Resorts’s 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 1.81 EPS for the current fiscal year.

Xenia Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Tuesday, June 30th. Xenia Hotels & Resorts’s dividend payout ratio is currently 80.00%.

Insiders Place Their Bets

In other news, insider Atish Shah sold 120,000 shares of the firm’s stock in a transaction dated 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 sale, 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 position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 4.40% of the company’s stock.

Institutional Investors Weigh In On Xenia Hotels & Resorts

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Transamerica Financial Advisors LLC grew its holdings in Xenia Hotels & Resorts by 459.8% during the fourth 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 bought a new position in shares of Xenia Hotels & Resorts in the fourth quarter worth approximately $33,000. Harbor Capital Advisors Inc. increased its stake in shares of Xenia Hotels & Resorts by 152.3% in the fourth 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 in the last quarter. Mcguire Capital Advisors Inc. purchased a new stake in shares of Xenia Hotels & Resorts in the fourth quarter worth $55,000. Finally, Hantz Financial Services Inc. raised its position in shares of Xenia Hotels & Resorts by 42.4% during the 4th quarter. Hantz Financial Services Inc. now owns 5,730 shares of the real estate investment trust’s stock valued at $81,000 after purchasing an additional 1,707 shares during the period. 92.43% of the stock is currently 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.