Vanguard Group Inc. Has $250.28 Million Holdings in Xenia Hotels & Resorts, Inc. (NYSE:XHR)

Vanguard Group Inc. cut its holdings in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,842,603 shares of the real estate investment trust’s stock after selling 251,249 shares during the period. Vanguard Group Inc. owned approximately 0.17% of Xenia Hotels & Resorts worth $250,281,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC raised its position in shares of Xenia Hotels & Resorts by 500.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,988 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 1,657 shares during the period. Fifth Third Bancorp raised 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 during the period. KBC Group NV lifted its stake in 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 buying an additional 2,557 shares in the last quarter. IFP Advisors Inc boosted its holdings 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 valued at $131,000 after buying an additional 1,250 shares during the period. Finally, Entropy Technologies LP bought a new stake in shares of Xenia Hotels & Resorts during the fourth quarter worth $157,000. 92.43% of the stock is owned by institutional investors and hedge funds.

Xenia Hotels & Resorts Trading Down 6.8 %

Xenia Hotels & Resorts stock opened at $9.82 on Friday. The firm has a 50-day moving average of $13.42 and a 200-day moving average of $14.48. Xenia Hotels & Resorts, Inc. has a one year low of $9.64 and a one year high of $16.50. The company has a debt-to-equity ratio of 1.07, a current ratio of 2.20 and a quick ratio of 2.20. The company has a market cap of $994.78 million, a price-to-earnings ratio of 42.68 and a beta of 1.38.

Xenia Hotels & Resorts (NYSE:XHR) last announced its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, topping 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 company had revenue of $261.80 million for the quarter, compared to analysts’ expectations of $263.47 million. During the same quarter in the prior year, the business posted $0.41 EPS. The business’s revenue was up 3.3% compared to the same quarter last year. On average, equities analysts expect that Xenia Hotels & Resorts, Inc. will post 1.46 earnings per share for the current fiscal year.

Xenia Hotels & Resorts Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.71%. The ex-dividend date of this dividend is Monday, March 31st. This is an increase from Xenia Hotels & Resorts’s previous quarterly dividend of $0.12. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is 373.33%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Jefferies Financial Group boosted their price objective on shares of Xenia Hotels & Resorts from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday, January 2nd. Wells Fargo & Company cut their price target on Xenia Hotels & Resorts from $18.00 to $17.00 and set an “overweight” rating on the stock in a report on Tuesday, February 18th. KeyCorp dropped their target price on Xenia Hotels & Resorts from $17.00 to $16.00 and set an “overweight” rating on the stock in a research report on Monday, March 24th. Finally, StockNews.com downgraded Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $17.13.

Xenia Hotels & Resorts Company 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.