Xenia Hotels & Resorts, Inc. $XHR Stock Holdings Lifted by Voya Investment Management LLC

Key Points

• Voya Investment Management LLC increased its holdings in Xenia Hotels & Resorts by 96.1% during the first quarter, bringing its ownership to approximately 0.08% worth $930,000.
• Xenia Hotels & Resorts reported a quarterly EPS of $0.57, exceeding analysts' expectations of $0.43, with revenues rising 5.4% year-over-year.
• The company declared a quarterly dividend of $0.14 per share, reflecting an annualized dividend yield of 3.9%, payable to shareholders on October 15th.

Voya Investment Management LLC lifted its holdings in Xenia Hotels & Resorts, Inc. (NYSE:XHR - Free Report) by 96.1% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 79,098 shares of the real estate investment trust's stock after buying an additional 38,754 shares during the quarter. Voya Investment Management LLC owned approximately 0.08% of Xenia Hotels & Resorts worth $930,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Millennium Management LLC lifted its position in shares of Xenia Hotels & Resorts by 17.8% in the 1st quarter. Millennium Management LLC now owns 2,126,198 shares of the real estate investment trust's stock worth $25,004,000 after buying an additional 321,343 shares during the last quarter. Woodline Partners LP lifted its position in shares of Xenia Hotels & Resorts by 138.9% in the 1st quarter. Woodline Partners LP now owns 1,650,570 shares of the real estate investment trust's stock worth $19,411,000 after buying an additional 959,641 shares during the last quarter. Cramer Rosenthal Mcglynn LLC lifted its position in shares of Xenia Hotels & Resorts by 3.9% in the 1st quarter. Cramer Rosenthal Mcglynn LLC now owns 1,013,394 shares of the real estate investment trust's stock worth $11,918,000 after buying an additional 37,662 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Xenia Hotels & Resorts by 2.0% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 733,055 shares of the real estate investment trust's stock worth $10,893,000 after buying an additional 14,094 shares during the last quarter. Finally, Adage Capital Partners GP L.L.C. lifted its position in shares of Xenia Hotels & Resorts by 1,207.7% in the 1st quarter. Adage Capital Partners GP L.L.C. now owns 650,000 shares of the real estate investment trust's stock worth $7,644,000 after buying an additional 600,294 shares during the last quarter. 92.43% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on XHR shares. Wall Street Zen downgraded shares of Xenia Hotels & Resorts from a "buy" rating to a "hold" rating in a research report on Saturday, August 2nd. Wells Fargo & Company lifted their price objective on shares of Xenia Hotels & Resorts from $14.00 to $15.00 and gave the company an "overweight" rating in a research report on Wednesday, August 27th. Finally, BMO Capital Markets lifted their price objective on shares of Xenia Hotels & Resorts from $15.00 to $16.00 and gave the company an "outperform" rating in a research report on Tuesday, September 2nd. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $13.20.

Xenia Hotels & Resorts Stock Down 0.3%

XHR stock opened at $14.40 on Thursday. Xenia Hotels & Resorts, Inc. has a 52 week low of $8.55 and a 52 week high of $16.50. The company has a market capitalization of $1.38 billion, a price-to-earnings ratio of 22.86 and a beta of 1.72. The firm's 50-day moving average is $13.66 and its two-hundred day moving average is $12.43. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.13.

Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) last released its quarterly earnings results on Friday, August 1st. The real estate investment trust reported $0.57 EPS for the quarter, topping analysts' consensus estimates 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 period in the previous year, the firm earned $0.52 EPS. Xenia Hotels & Resorts's revenue was up 5.4% on a year-over-year basis. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.660-1.800 EPS. On average, analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.46 earnings per share for the current fiscal year.

Xenia Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Tuesday, September 30th. Xenia Hotels & Resorts's payout ratio is 88.89%.

Xenia Hotels & Resorts Company Profile

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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