Hsbc Holdings PLC Purchases New Stake in Xenia Hotels & Resorts, Inc. $XHR

Hsbc Holdings PLC acquired a new position in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 186,925 shares of the real estate investment trust's stock, valued at approximately $3,806,000. Hsbc Holdings PLC owned about 0.20% of Xenia Hotels & Resorts at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its position in shares of Xenia Hotels & Resorts by 18.9% in the 1st quarter. Royal Bank of Canada now owns 31,100 shares of the real estate investment trust's stock worth $366,000 after buying an additional 4,950 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Xenia Hotels & Resorts by 75.0% during the 1st quarter. AQR Capital Management LLC now owns 39,894 shares of the real estate investment trust's stock worth $469,000 after purchasing an additional 17,097 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Xenia Hotels & Resorts by 4.5% during the 1st 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 purchasing an additional 2,633 shares during the period. Jane Street Group LLC boosted its position in Xenia Hotels & Resorts by 85.0% during the 1st quarter. Jane Street Group LLC now owns 93,661 shares of the real estate investment trust's stock valued at $1,101,000 after purchasing an additional 43,026 shares during the period. Finally, Creative Planning bought a new position in Xenia Hotels & Resorts during the 2nd quarter worth $230,000. Institutional investors and hedge funds own 92.43% of the company's stock.

Analyst Ratings Changes

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

Xenia Hotels & Resorts Stock Up 0.7%

Shares of Xenia Hotels & Resorts stock opened at $19.44 on Friday. The business's fifty day moving average price is $20.15 and its two-hundred day moving average price is $17.60. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.47 and a quick ratio of 2.47. The company has a market capitalization of $1.79 billion, a P/E ratio of -277.67 and a beta of 1.15. Xenia Hotels & Resorts, Inc. has a 1-year low of $11.75 and a 1-year high of $22.06.

Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) last released 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 return on equity of 0.61% and a negative net margin of 0.66%.The company had revenue of $295.49 million during the quarter, compared to analysts' expectations of $302.39 million. During the same quarter in the prior year, the business posted $0.57 earnings per share. The company'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, research analysts forecast 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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