Xenia Hotels & Resorts, Inc. (NYSE:XHR) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC reduced its position in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 3.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 66,965 shares of the real estate investment trust’s stock after selling 2,579 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Xenia Hotels & Resorts were worth $995,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of XHR. Smartleaf Asset Management LLC boosted its stake in shares of Xenia Hotels & Resorts by 500.6% in the fourth 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 period. Fifth Third Bancorp lifted its holdings in Xenia Hotels & Resorts by 2,492.9% during the 4th quarter. Fifth Third Bancorp now owns 2,541 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 2,443 shares in the last quarter. KBC Group NV boosted its position in Xenia Hotels & Resorts by 67.1% in the 4th quarter. KBC Group NV now owns 6,365 shares of the real estate investment trust’s stock valued at $95,000 after buying an additional 2,557 shares during the period. IFP Advisors Inc grew its stake in shares of Xenia Hotels & Resorts by 16.5% in the fourth 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 in the last quarter. Finally, Entropy Technologies LP purchased a new stake in shares of Xenia Hotels & Resorts during the fourth quarter worth $157,000. 92.43% of the stock is currently owned by hedge funds and other institutional investors.

Xenia Hotels & Resorts Trading Up 0.0 %

NYSE:XHR opened at $11.77 on Wednesday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 2.20 and a current ratio of 2.20. Xenia Hotels & Resorts, Inc. has a 1 year low of $11.43 and a 1 year high of $16.50. The stock has a market cap of $1.19 billion, a P/E ratio of 51.15 and a beta of 1.47. The stock has a 50-day simple moving average of $13.67 and a 200-day simple moving average of $14.56.

Xenia Hotels & Resorts (NYSE:XHR) last announced its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 prior year, the company posted $0.41 earnings per share. The firm’s quarterly revenue was up 3.3% compared to the same quarter last year. As a group, analysts anticipate that Xenia Hotels & Resorts, Inc. will post 1.46 earnings per share for the current fiscal year.

Xenia Hotels & Resorts Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $0.14 per share. This is a positive change from Xenia Hotels & Resorts’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a yield of 4.76%. The ex-dividend date is Monday, March 31st. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is currently 373.33%.

Analyst Ratings Changes

A number of research firms recently issued reports on XHR. StockNews.com lowered Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Wednesday. KeyCorp lowered their price objective on Xenia Hotels & Resorts from $17.00 to $16.00 and set an “overweight” rating for the company in a research report on Monday, March 24th. Jefferies Financial Group raised their target price on shares of Xenia Hotels & Resorts from $18.00 to $20.00 and gave the company a “buy” rating in a report on Thursday, January 2nd. Finally, Wells Fargo & Company lowered their price target on shares of Xenia Hotels & Resorts from $18.00 to $17.00 and set an “overweight” rating for the company in a report on Tuesday, February 18th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $17.13.

Xenia Hotels & Resorts Profile

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.