Russell Investments Group Ltd. Has $984,000 Stock Holdings in Xenia Hotels & Resorts, Inc. (NYSE:XHR)

Russell Investments Group Ltd. lessened its stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 12.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 66,227 shares of the real estate investment trust’s stock after selling 9,417 shares during the quarter. Russell Investments Group Ltd.’s holdings in Xenia Hotels & Resorts were worth $984,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Smartleaf Asset Management LLC boosted its stake in Xenia Hotels & Resorts by 500.6% in the 4th 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. Creekmur Asset Management LLC acquired a new position in shares of Xenia Hotels & Resorts during the fourth quarter worth about $30,000. Fifth Third Bancorp grew its holdings in shares of 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 worth $38,000 after buying an additional 2,443 shares in the last quarter. KBC Group NV raised 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 last quarter. Finally, IFP Advisors Inc lifted its stake in 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 valued at $131,000 after acquiring an additional 1,250 shares in the last quarter. Institutional investors own 92.43% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on XHR shares. Wells Fargo & Company lowered 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 report on Tuesday, February 18th. Jefferies Financial Group cut Xenia Hotels & Resorts from a “buy” rating to a “hold” rating and decreased their price objective for the company from $18.00 to $10.00 in a report on Wednesday, April 9th. 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 report on Monday, March 24th. Finally, StockNews.com lowered Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Wednesday, April 2nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Xenia Hotels & Resorts presently has an average rating of “Hold” and an average target price of $14.63.

Xenia Hotels & Resorts Price Performance

Shares of NYSE XHR opened at $9.89 on Tuesday. Xenia Hotels & Resorts, Inc. has a twelve month low of $8.55 and a twelve month high of $16.50. The company has a market cap of $1.00 billion, a PE ratio of 43.00 and a beta of 1.38. The business’s 50 day moving average price is $12.12 and its two-hundred day moving average price is $14.01. 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) 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 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 business had revenue of $261.80 million during the quarter, compared to the consensus estimate of $263.47 million. During the same quarter last year, the firm posted $0.41 EPS. The company’s quarterly revenue was up 3.3% on a year-over-year basis. On average, analysts predict that Xenia Hotels & Resorts, Inc. will post 1.46 EPS for the current year.

Xenia Hotels & Resorts Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were issued a $0.14 dividend. This is a boost from Xenia Hotels & Resorts’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a yield of 5.66%. The ex-dividend date was Monday, March 31st. Xenia Hotels & Resorts’s dividend payout ratio is currently 373.33%.

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.