Great Lakes Advisors LLC acquired a new stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR - Free Report) 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.
View Our Latest Analysis on XHR
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 - Get Free Report) 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
(
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.
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