Deutsche Bank AG Purchases New Position in Xenia Hotels & Resorts, Inc. $XHR

Key Points

• Deutsche Bank acquired 142,453 shares of Xenia Hotels & Resorts in the second quarter, valued at approximately $2.9 million, giving it a 0.15% stake. Institutional investors and hedge funds collectively own 92.43% of XHR.
• Analysts maintain a generally positive outlook, with three Buy ratings and one Hold rating; the average price target is $20.25, while KeyCorp and Wells Fargo raised their targets to $21 and $22, respectively.
• XHR recently traded at $19.28, down 2.0%, after reporting quarterly EPS of $0.61—beating estimates of $0.24—though revenue of $295.49 million came in below expectations.

Deutsche Bank AG acquired a new position in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 142,453 shares of the real estate investment trust's stock, valued at approximately $2,900,000. Deutsche Bank AG owned about 0.15% of Xenia Hotels & Resorts as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in XHR. Bank of New York Mellon Corp acquired a new stake in shares of Xenia Hotels & Resorts in the 2nd quarter valued at about $15,787,000. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Xenia Hotels & Resorts by 30.6% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,704,360 shares of the real estate investment trust's stock valued at $37,104,000 after acquiring an additional 633,820 shares during the period. LSV Asset Management grew its position in shares of Xenia Hotels & Resorts by 99.4% during the fourth quarter. LSV Asset Management now owns 1,065,627 shares of the real estate investment trust's stock worth $15,068,000 after acquiring an additional 531,127 shares during the last quarter. UBS Group AG increased its holdings in shares of Xenia Hotels & Resorts by 275.1% in the 3rd quarter. UBS Group AG now owns 549,701 shares of the real estate investment trust's stock valued at $7,542,000 after acquiring an additional 403,149 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of Xenia Hotels & Resorts by 40.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,360,082 shares of the real estate investment trust's stock valued at $19,898,000 after acquiring an additional 390,145 shares during the period. Institutional investors and hedge funds own 92.43% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on XHR shares. KeyCorp increased their price target 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. 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. Weiss Ratings downgraded shares of Xenia Hotels & Resorts from a "hold (c+)" rating to a "hold (c-)" rating in a research note on Thursday, August 13th. Finally, Wells Fargo & Company boosted their price target on Xenia Hotels & Resorts from $18.00 to $22.00 and gave the company an "overweight" rating in a research report on Thursday, July 23rd. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $20.25.

Xenia Hotels & Resorts Stock Down 2.0%

XHR stock opened at $19.28 on Thursday. The stock has a market capitalization of $1.78 billion, a PE ratio of -275.39 and a beta of 1.15. The company has a fifty day moving average of $20.17 and a 200-day moving average of $17.56. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.47 and a current ratio of 2.47. Xenia Hotels & Resorts, Inc. has a one year low of $11.75 and a one year high of $22.06.

Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.61 earnings per share (EPS) 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 analysts' expectations of $302.39 million. During the same period in the prior year, the company posted $0.57 earnings per share. The firm's revenue for the quarter 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. As a group, analysts expect that Xenia Hotels & Resorts, Inc. will post 1.89 EPS for the current year.

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.

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