186,925 Shares in Xenia Hotels & Resorts, Inc. $XHR Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC bought a new position in Xenia Hotels & Resorts, Inc. (NYSE:XHR) in the second quarter, Holdings Channel.com reports. The fund bought 186,925 shares of the real estate investment trust’s stock, valued at approximately $3,806,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Global Retirement Partners LLC bought a new stake in shares of Xenia Hotels & Resorts in the 2nd quarter worth $26,000. Transamerica Financial Advisors LLC boosted its stake 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 buying an additional 1,600 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Xenia Hotels & Resorts during the fourth quarter valued at about $33,000. Northwestern Mutual Wealth Management Co. acquired a new position in Xenia Hotels & Resorts during the second quarter worth about $34,000. Finally, Allworth Financial LP acquired a new position in Xenia Hotels & Resorts during the second quarter worth about $37,000. 92.43% of the stock is owned by institutional investors.

Xenia Hotels & Resorts Stock Performance

XHR opened at $19.44 on Friday. The firm has a market cap of $1.79 billion, a PE ratio of -277.67 and a beta of 1.15. The company has a quick ratio of 2.47, a current ratio of 2.47 and a debt-to-equity ratio of 1.17. The business has a fifty day simple moving average of $20.15 and a 200-day simple moving average of $17.60. Xenia Hotels & Resorts, Inc. has a fifty-two week low of $11.75 and a fifty-two week high of $22.06.

Xenia Hotels & Resorts (NYSE:XHR) last announced its earnings results on Thursday, July 30th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.37. Xenia Hotels & Resorts had a negative return on equity of 0.61% and a negative net margin of 0.66%.The company had revenue of $295.49 million for the quarter, compared to analyst estimates of $302.39 million. During the same period in the previous year, the firm earned $0.57 earnings per share. Xenia Hotels & Resorts’s revenue for the quarter 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. As a group, equities analysts predict that Xenia Hotels & Resorts, Inc. will post 1.89 EPS for the current fiscal year.

Analyst Ratings Changes

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

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.