Teacher Retirement System of Texas Grows Position in Xenia Hotels & Resorts, Inc. $XHR

Teacher Retirement System of Texas boosted its holdings in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 218.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 106,874 shares of the real estate investment trust’s stock after acquiring an additional 73,281 shares during the period. Teacher Retirement System of Texas’ holdings in Xenia Hotels & Resorts were worth $1,466,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in XHR. Allspring Global Investments Holdings LLC lifted its holdings in Xenia Hotels & Resorts by 54.2% in the second quarter. Allspring Global Investments Holdings LLC now owns 494,924 shares of the real estate investment trust’s stock valued at $6,439,000 after acquiring an additional 173,945 shares during the last quarter. LSV Asset Management raised its holdings in shares of Xenia Hotels & Resorts by 1,170.2% in the 2nd quarter. LSV Asset Management now owns 100,347 shares of the real estate investment trust’s stock valued at $1,261,000 after buying an additional 92,447 shares during the period. WINTON GROUP Ltd purchased a new stake in Xenia Hotels & Resorts during the second quarter worth about $2,514,000. Campbell & CO Investment Adviser LLC acquired a new position in shares of Xenia Hotels & Resorts in the second quarter valued at approximately $488,000. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Xenia Hotels & Resorts by 76.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,070,540 shares of the real estate investment trust’s stock worth $26,027,000 after acquiring an additional 898,176 shares in the last quarter. 92.43% of the stock is currently owned by hedge funds and other institutional investors.

Xenia Hotels & Resorts Stock Down 0.3%

XHR stock opened at $14.75 on Friday. The company’s 50-day moving average price is $14.51 and its 200 day moving average price is $13.84. The company has a market cap of $1.40 billion, a P/E ratio of 26.33 and a beta of 1.23. The company has a current ratio of 2.51, a quick ratio of 2.51 and a debt-to-equity ratio of 1.16. Xenia Hotels & Resorts, Inc. has a 52 week low of $8.55 and a 52 week high of $15.60.

Xenia Hotels & Resorts (NYSE:XHR) last issued its quarterly earnings data 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. The firm had revenue of $236.42 million during the quarter, compared to analysts’ expectations of $236.16 million. Xenia Hotels & Resorts had a return on equity of 4.50% and a net margin of 5.24%.During the same period in the previous year, the firm posted $0.25 earnings per share. On average, research analysts expect that Xenia Hotels & Resorts, Inc. will post 1.46 earnings per share for the current fiscal year.

Xenia Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a dividend of $0.14 per share. The ex-dividend date was Wednesday, December 31st. This represents a $0.56 dividend on an annualized basis and a yield of 3.8%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is 100.00%.

Analyst Ratings Changes

A number of brokerages have recently commented on XHR. Wells Fargo & Company boosted their price objective on Xenia Hotels & Resorts from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Monday, December 1st. Weiss Ratings reissued a “hold (c)” rating on shares of Xenia Hotels & Resorts in a research report on Monday, December 29th. Wall Street Zen cut Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Finally, Robert W. Baird set a $17.00 target price on shares of Xenia Hotels & Resorts in a report on Monday, January 12th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Xenia Hotels & Resorts presently has a consensus rating of “Hold” and a consensus price target of $14.00.

Xenia Hotels & Resorts 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.