Legal & General Group Plc bought a new stake 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 and Exchange Commission. The institutional investor bought 626,892 shares of the real estate investment trust's stock, valued at approximately $12,764,000. Legal & General Group Plc owned approximately 0.68% of Xenia Hotels & Resorts at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Global Retirement Partners LLC bought a new stake in Xenia Hotels & Resorts during the second quarter worth approximately $26,000. Transamerica Financial Advisors LLC lifted its stake in shares of Xenia Hotels & Resorts by 459.8% in the 4th quarter. Transamerica Financial Advisors LLC now owns 1,948 shares of the real estate investment trust's stock valued at $28,000 after purchasing an additional 1,600 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Xenia Hotels & Resorts in the 4th quarter valued at approximately $33,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Xenia Hotels & Resorts in the 2nd quarter worth approximately $34,000. Finally, Allworth Financial LP bought a new position in shares of Xenia Hotels & Resorts during the 2nd quarter valued at approximately $37,000. Institutional investors own 92.43% of the company's stock.
Wall Street Analyst Weigh In
Several analysts recently weighed in on XHR shares. BMO Capital Markets restated an "outperform" rating and set a $21.00 price target on shares of Xenia Hotels & Resorts in a report on Friday, June 12th. KeyCorp lifted their price objective 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. Wells Fargo & Company increased their target price on shares of Xenia Hotels & Resorts from $18.00 to $22.00 and gave the company an "overweight" rating in a research note on Thursday, July 23rd. Finally, Weiss Ratings lowered shares of Xenia Hotels & Resorts from a "hold (c+)" rating to a "hold (c-)" rating in a report on Thursday, August 13th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Xenia Hotels & Resorts has a consensus rating of "Moderate Buy" and a consensus target price of $20.25.
Check Out Our Latest Stock Report on XHR
Xenia Hotels & Resorts Stock Performance
Shares of NYSE:XHR opened at $18.75 on Tuesday. The firm's 50 day simple moving average is $20.12 and its 200-day simple moving average is $17.63. 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. The firm has a market cap of $1.73 billion, a PE ratio of -267.82 and a beta of 1.15.
Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $295.49 million for the quarter, compared to analysts' expectations of $302.39 million. Xenia Hotels & Resorts had a negative return on equity of 0.61% and a negative net margin of 0.66%.Xenia Hotels & Resorts's revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.57 earnings per share. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.960-2.080 EPS. As a group, equities analysts predict that Xenia Hotels & Resorts, Inc. will post 1.89 EPS 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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