1 week Ago By Defense World Staff
Norges Bank purchased a new position in Xenia Hotels & Resorts, Inc. ( NYSE:XHR – Free Report ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 345,473 shares of the real estate investment trust’s stock, valued at approximately $5,134,000.
Norges Bank owned about 0.34% of Xenia Hotels & Resorts as of its most recent filing with the Securities and Exchange Commission (SEC). Other hedge funds also recently bought and sold shares of the company.
Smartleaf Asset Management LLC increased its position in shares of Xenia Hotels & Resorts by 500.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,988 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 1,657 shares during the last quarter.
Fifth Third Bancorp increased its position in Xenia Hotels & Resorts by 2,492.9% during the fourth quarter. Fifth Third Bancorp now owns 2,541 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 2,443 shares during the last quarter.
KBC Group NV raised its stake in shares of Xenia Hotels & Resorts by 67.1% in the fourth quarter. KBC Group NV now owns 6,365 shares of the real estate investment trust’s stock valued at $95,000 after acquiring an additional 2,557 shares during the period.
IFP Advisors Inc lifted its holdings in shares of Xenia Hotels & Resorts by 16.5% in the 4th quarter. IFP Advisors Inc now owns 8,817 shares of the real estate investment trust’s stock worth $131,000 after acquiring an additional 1,250 shares during the last quarter.
Finally, Entropy Technologies LP purchased a new position in shares of Xenia Hotels & Resorts during the 4th quarter worth about $157,000. Hedge funds and other institutional investors own 92.43% of the company’s stock.
Analysts Set New Price Targets A number of research firms recently weighed in on XHR. Wells Fargo & Company reduced their price objective on shares of Xenia Hotels & Resorts from $18.00 to $17.
00 and set an “overweight” rating on the stock in a research report on Tuesday, February 18th. KeyCorp reduced their price target on Xenia Hotels & Resorts from $17.00 to $16.
00 and set an “overweight” rating on the stock in a report on Monday, March 24th. Jefferies Financial Group cut Xenia Hotels & Resorts from a “buy” rating to a “hold” rating and dropped their price objective for the company from $18.00 to $10.
00 in a report on Wednesday. Finally, StockNews.com downgraded Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Wednesday, April 2nd.
One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $14.63.
Xenia Hotels & Resorts Trading Up 14.5 % XHR opened at $10.56 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 $1.07 billion, a P/E ratio of 45.
92 and a beta of 1.38. The stock’s fifty day moving average is $12.
90 and its two-hundred day moving average is $14.31. The company has a quick ratio of 2.
20, a current ratio of 2.20 and a debt-to-equity ratio of 1.07.
Xenia Hotels & Resorts ( NYSE:XHR – Get Free Report ) last released its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.
05 by $0.34. Xenia Hotels & Resorts had a return on equity of 1.
86% and a net margin of 2.37%. The firm had revenue of $261.
80 million during the quarter, compared to the consensus estimate of $263.47 million. During the same period in the previous year, the company posted $0.
41 earnings per share. The firm’s quarterly revenue was up 3.3% on a year-over-year basis.
Analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.46 earnings per share for the current year.
Xenia Hotels & Resorts Increases Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.14 dividend.
This is an increase from Xenia Hotels & Resorts’s previous quarterly dividend of $0.12. The ex-dividend date is Monday, March 31st.
This represents a $0.56 dividend on an annualized basis and a yield of 5.30%.
Xenia Hotels & Resorts’s payout ratio is 373.33%. About Xenia Hotels & Resorts ( Free Report ) Xenia Hotels & Resorts, Inc is a real estate investment trust, which engages in the investment of 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. See Also Five stocks we like better than Xenia Hotels & Resorts What is the Shanghai Stock Exchange Composite Index? Quantum Computing: The $6.
5 Billion Opportunity You Can’t Ignore Dividend Capture Strategy: What You Need to Know Are Tariffs Threatening Disney’s Comeback Story? How to Short a Stock in 5 Easy Steps Is Alphabet a Generational Buying Opportunity at These Levels? Want to see what other hedge funds are holding XHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xenia Hotels & Resorts, Inc. ( NYSE:XHR – Free Report ).
Receive News & Ratings for Xenia Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xenia Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter ..
