Centersquare Investment Management LLC Buys Shares of 332,956 Xenia Hotels & Resorts, Inc. $XHR

Centersquare Investment Management LLC bought a new stake in Xenia Hotels & Resorts, Inc. (NYSE:XHRFree Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 332,956 shares of the real estate investment trust’s stock, valued at approximately $4,708,000.

Several other hedge funds have also recently made changes to their positions in XHR. Royal Bank of Canada raised its stake in shares of Xenia Hotels & Resorts by 18.9% in the first quarter. Royal Bank of Canada now owns 31,100 shares of the real estate investment trust’s stock valued at $366,000 after buying an additional 4,950 shares during the period. AQR Capital Management LLC raised its stake in shares of Xenia Hotels & Resorts by 75.0% in the first quarter. AQR Capital Management LLC now owns 39,894 shares of the real estate investment trust’s stock valued at $469,000 after buying an additional 17,097 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Xenia Hotels & Resorts by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,617 shares of the real estate investment trust’s stock valued at $713,000 after buying an additional 2,633 shares during the period. Jane Street Group LLC raised its stake in shares of Xenia Hotels & Resorts by 85.0% in the first quarter. Jane Street Group LLC now owns 93,661 shares of the real estate investment trust’s stock valued at $1,101,000 after buying an additional 43,026 shares during the period. Finally, Creative Planning bought a new stake in shares of Xenia Hotels & Resorts in the second quarter valued at $230,000. 92.43% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider Atish Shah sold 120,000 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $17.00, for a total transaction of $2,040,000.00. Following the completion of the transaction, the insider directly owned 250,805 shares in the company, valued at $4,263,685. The trade was a 32.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.40% of the stock is currently owned by insiders.

Xenia Hotels & Resorts Stock Performance

Xenia Hotels & Resorts stock opened at $19.18 on Friday. The firm’s 50 day simple moving average is $16.58 and its 200 day simple moving average is $15.45. The firm has a market capitalization of $1.77 billion, a PE ratio of 27.41 and a beta of 1.17. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 1.14. Xenia Hotels & Resorts, Inc. has a 1-year low of $11.75 and a 1-year high of $19.23.

Xenia Hotels & Resorts (NYSE:XHRGet Free Report) last released its quarterly earnings results on Friday, May 1st. The real estate investment trust reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.03. The firm had revenue of $295.41 million during the quarter, compared to analyst estimates of $291.33 million. Xenia Hotels & Resorts had a net margin of 6.20% and a return on equity of 5.53%. The business’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.51 EPS. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. As a group, analysts expect that Xenia Hotels & Resorts, Inc. will post 1.81 earnings per share for the current fiscal year.

Xenia Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 2.9%. The ex-dividend date is Tuesday, June 30th. Xenia Hotels & Resorts’s payout ratio is presently 80.00%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Weiss Ratings upgraded Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, May 4th. Wells Fargo & Company boosted their price objective on Xenia Hotels & Resorts from $16.00 to $18.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. BMO Capital Markets reiterated an “outperform” rating and set a $19.00 price objective on shares of Xenia Hotels & Resorts in a research note on Monday, May 4th. Finally, KeyCorp boosted their price objective on Xenia Hotels & Resorts from $16.00 to $21.00 and gave the company an “overweight” rating in a research note on Thursday. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, Xenia Hotels & Resorts has an average rating of “Buy” and an average price target of $18.75.

Read Our Latest Research Report on Xenia Hotels & Resorts

Xenia Hotels & Resorts Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding XHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xenia Hotels & Resorts, Inc. (NYSE:XHRFree Report).

Institutional Ownership by Quarter for Xenia Hotels & Resorts (NYSE:XHR)

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