Amundi Has $1.51 Million Stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR)

Amundi boosted its position in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 32.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 102,956 shares of the real estate investment trust’s stock after buying an additional 24,978 shares during the period. Amundi owned approximately 0.10% of Xenia Hotels & Resorts worth $1,514,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. Wellington Management Group LLP grew its stake in Xenia Hotels & Resorts by 5.0% during the third quarter. Wellington Management Group LLP now owns 9,705,769 shares of the real estate investment trust’s stock worth $143,354,000 after buying an additional 465,141 shares in the last quarter. State Street Corp boosted its stake in shares of Xenia Hotels & Resorts by 1.8% in the 3rd quarter. State Street Corp now owns 6,152,028 shares of the real estate investment trust’s stock valued at $91,597,000 after purchasing an additional 108,798 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Xenia Hotels & Resorts by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 2,649,168 shares of the real estate investment trust’s stock valued at $39,135,000 after purchasing an additional 60,323 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Xenia Hotels & Resorts by 1.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,362,156 shares of the real estate investment trust’s stock valued at $35,102,000 after purchasing an additional 30,186 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Xenia Hotels & Resorts by 2.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,662,495 shares of the real estate investment trust’s stock valued at $24,555,000 after purchasing an additional 40,807 shares in the last quarter. 92.43% of the stock is currently owned by institutional investors and hedge funds.

Xenia Hotels & Resorts Stock Down 3.6 %

NYSE:XHR opened at $12.54 on Wednesday. The firm’s 50 day simple moving average is $14.17 and its 200 day simple moving average is $14.65. The company has a debt-to-equity ratio of 1.07, a current ratio of 2.20 and a quick ratio of 2.20. Xenia Hotels & Resorts, Inc. has a one year low of $12.28 and a one year high of $16.50. The company has a market cap of $1.27 billion, a PE ratio of 54.50 and a beta of 1.47.

Xenia Hotels & Resorts (NYSE:XHR) last posted its earnings results on Tuesday, February 25th. The real estate investment trust reported $0.39 EPS for the quarter, topping the consensus estimate of $0.05 by $0.34. Xenia Hotels & Resorts had a net margin of 2.37% and a return on equity of 1.86%. The business had revenue of $261.80 million for the quarter, compared to the consensus estimate of $263.47 million. During the same period last year, the company earned $0.41 EPS. The firm’s revenue was up 3.3% compared to the same quarter last year. On average, research analysts anticipate that Xenia Hotels & Resorts, Inc. will post 1.46 earnings per share for the current year.

Xenia Hotels & Resorts Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.14 per share. This is a positive change from Xenia Hotels & Resorts’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.56 annualized dividend and a yield of 4.47%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is presently 373.33%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on XHR. StockNews.com upgraded shares of Xenia Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Thursday, February 27th. Wells Fargo & Company reduced their price target on shares of Xenia Hotels & Resorts from $18.00 to $17.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 18th. Finally, Jefferies Financial Group raised their price target on shares of Xenia Hotels & Resorts from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday, January 2nd. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Xenia Hotels & Resorts currently has an average rating of “Moderate Buy” and an average price target of $17.38.

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.