Woodline Partners LP boosted its position in Xenia Hotels & Resorts, Inc. (NYSE:XHR - Free Report) by 138.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,650,570 shares of the real estate investment trust's stock after buying an additional 959,641 shares during the quarter. Woodline Partners LP owned approximately 1.67% of Xenia Hotels & Resorts worth $19,411,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. GF Fund Management CO. LTD. acquired a new position in Xenia Hotels & Resorts in the 4th quarter valued at $28,000. Allworth Financial LP grew its stake in Xenia Hotels & Resorts by 231.4% in the 1st quarter. Allworth Financial LP now owns 2,575 shares of the real estate investment trust's stock valued at $30,000 after buying an additional 1,798 shares during the last quarter. Lazard Asset Management LLC acquired a new position in Xenia Hotels & Resorts in the 4th quarter valued at $47,000. BI Asset Management Fondsmaeglerselskab A S acquired a new position in Xenia Hotels & Resorts in the 1st quarter valued at $68,000. Finally, Vestmark Advisory Solutions Inc. grew its stake in Xenia Hotels & Resorts by 21.0% in the 1st quarter. Vestmark Advisory Solutions Inc. now owns 13,007 shares of the real estate investment trust's stock valued at $153,000 after buying an additional 2,256 shares during the last quarter. 92.43% of the stock is currently owned by institutional investors and hedge funds.
Xenia Hotels & Resorts Stock Performance
Shares of NYSE:XHR traded down $0.28 on Tuesday, hitting $14.50. 151,207 shares of the company were exchanged, compared to its average volume of 949,601. The company's 50 day moving average price is $13.45 and its two-hundred day moving average price is $12.36. Xenia Hotels & Resorts, Inc. has a one year low of $8.55 and a one year high of $16.50. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.96 and a current ratio of 2.96. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 23.02 and a beta of 1.72.
Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.14. Xenia Hotels & Resorts had a net margin of 5.86% and a return on equity of 4.95%. The company had revenue of $287.58 million for the quarter, compared to the consensus estimate of $273.43 million. During the same quarter in the previous year, the firm posted $0.52 EPS. The business's revenue was up 5.4% compared to the same quarter last year. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.660-1.800 EPS. Research analysts expect that Xenia Hotels & Resorts, Inc. will post 1.46 earnings per share for the current year.
Xenia Hotels & Resorts Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Tuesday, September 30th. Xenia Hotels & Resorts's payout ratio is 88.89%.
Analyst Ratings Changes
A number of research firms recently issued reports on XHR. Wall Street Zen lowered shares of Xenia Hotels & Resorts from a "buy" rating to a "hold" rating in a research note on Saturday, August 2nd. BMO Capital Markets boosted their price objective on shares of Xenia Hotels & Resorts from $15.00 to $16.00 and gave the stock an "outperform" rating in a report on Tuesday, September 2nd. Finally, Wells Fargo & Company boosted their price objective on shares of Xenia Hotels & Resorts from $14.00 to $15.00 and gave the stock an "overweight" rating in a report on Wednesday, August 27th. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Xenia Hotels & Resorts presently has a consensus rating of "Hold" and a consensus price target of $13.20.
Get Our Latest Report on XHR
Xenia Hotels & Resorts Company Profile
(
Free Report)
Xenia Hotels & Resorts, Inc is a real estate investment trust, which engages in the provision of investment in luxury and upper upscale hotels and resorts. It also owns a diversified portfolio of lodging properties operated by Marriott, Kimpton, Hyatt, Aston, Fairmong, and Loews. The company was founded in 2007 and is headquartered in Orlando, FL.
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