Great Lakes Advisors LLC Invests $1.60 Million in Xenia Hotels & Resorts, Inc. $XHR

Great Lakes Advisors LLC acquired a new stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 78,538 shares of the real estate investment trust’s stock, valued at approximately $1,599,000. Great Lakes Advisors LLC owned about 0.09% of Xenia Hotels & Resorts as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in shares of Xenia Hotels & Resorts during the 2nd quarter worth approximately $348,760,000. Deutsche Bank AG bought a new position in Xenia Hotels & Resorts during the second quarter worth $2,900,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Xenia Hotels & Resorts in the second quarter worth approximately $1,636,000. Global Retirement Partners LLC bought a new position in Xenia Hotels & Resorts in the second quarter worth approximately $26,000. Finally, Bank of New York Mellon Corp acquired a new stake in Xenia Hotels & Resorts in the second quarter valued at approximately $15,787,000. 92.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have issued reports on XHR. Wells Fargo & Company lifted their price target on Xenia Hotels & Resorts from $18.00 to $22.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. BMO Capital Markets reaffirmed an “outperform” rating and set a $21.00 target price on shares of Xenia Hotels & Resorts in a research report on Friday, June 12th. KeyCorp lifted their target price on Xenia Hotels & Resorts from $16.00 to $21.00 and gave the company an “overweight” rating in a research report on Thursday, June 11th. Finally, Weiss Ratings lowered Xenia Hotels & Resorts from a “hold (c+)” rating to a “hold (c-)” rating in a research report on Thursday, August 13th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $20.25.

Xenia Hotels & Resorts Trading Up 0.1%

Shares of XHR stock opened at $19.40 on Friday. The firm has a market cap of $1.79 billion, a P/E ratio of -277.10 and a beta of 1.15. The company has a 50 day moving average of $20.16 and a 200-day moving average of $17.45. The company has a quick ratio of 2.47, a current ratio of 2.47 and a debt-to-equity ratio of 1.17. Xenia Hotels & Resorts, Inc. has a 12-month low of $11.75 and a 12-month high of $22.06.

Xenia Hotels & Resorts (NYSE:XHR) last posted its earnings results on Thursday, July 30th. The real estate investment trust reported $0.61 earnings per share for the quarter, topping 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 firm had revenue of $295.49 million during the quarter, compared to the consensus estimate of $302.39 million. During the same quarter last year, the company earned $0.57 earnings per share. The company’s revenue was up 2.7% on a year-over-year basis. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.960-2.080 EPS. Sell-side analysts anticipate that Xenia Hotels & Resorts, Inc. will post 1.89 earnings per share for the current year.

About Xenia Hotels & Resorts

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.