Xenia Hotels & Resorts, Inc. $XHR Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC increased its position in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 238.8% in the 3rd quarter, Holdings Channel reports. The firm owned 113,554 shares of the real estate investment trust’s stock after purchasing an additional 80,038 shares during the period. SG Americas Securities LLC’s holdings in Xenia Hotels & Resorts were worth $1,558,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC lifted its holdings in Xenia Hotels & Resorts by 114.1% in the 3rd quarter. Salomon & Ludwin LLC now owns 2,085 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 1,111 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Xenia Hotels & Resorts by 288.8% in the second quarter. GAMMA Investing LLC now owns 6,438 shares of the real estate investment trust’s stock valued at $81,000 after buying an additional 4,782 shares during the last quarter. AdvisorShares Investments LLC lifted its stake in shares of Xenia Hotels & Resorts by 38.2% in the second quarter. AdvisorShares Investments LLC now owns 8,400 shares of the real estate investment trust’s stock worth $106,000 after buying an additional 2,320 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Xenia Hotels & Resorts by 79.2% in the second quarter. PNC Financial Services Group Inc. now owns 8,557 shares of the real estate investment trust’s stock worth $108,000 after buying an additional 3,782 shares in the last quarter. Finally, State of Wyoming acquired a new position in Xenia Hotels & Resorts during the second quarter worth about $118,000. Hedge funds and other institutional investors own 92.43% of the company’s stock.

Xenia Hotels & Resorts Stock Up 1.8%

XHR stock opened at $14.87 on Friday. The firm has a market cap of $1.41 billion, a PE ratio of 26.56 and a beta of 1.23. The company has a debt-to-equity ratio of 1.16, a quick ratio of 2.51 and a current ratio of 2.51. The firm’s 50 day moving average price is $14.27 and its 200-day moving average price is $13.70. Xenia Hotels & Resorts, Inc. has a one year low of $8.55 and a one year high of $15.47.

Xenia Hotels & Resorts (NYSE:XHR) last issued its quarterly earnings data on Friday, October 31st. The real estate investment trust reported $0.23 earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.39. The company had revenue of $236.42 million during the quarter, compared to analyst estimates of $236.16 million. Xenia Hotels & Resorts had a return on equity of 4.50% and a net margin of 5.24%.During the same period in the prior year, the business posted $0.25 earnings per share. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.680-1.76 EPS. On average, equities research analysts anticipate that Xenia Hotels & Resorts, Inc. will post 1.46 EPS for the current year.

Xenia Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Wednesday, December 31st. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is presently 100.00%.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Xenia Hotels & Resorts in a report on Monday, December 29th. Wells Fargo & Company upped their price target on Xenia Hotels & Resorts from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Monday, December 1st. Wall Street Zen downgraded Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Finally, Robert W. Baird set a $17.00 target price on Xenia Hotels & Resorts in a report on Monday. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $14.00.

About Xenia Hotels & Resorts

Xenia Hotels & Resorts is a self-administered real estate investment trust (REIT) that specializes in owning, operating and acquiring premium full-service hotels across the United States. The company’s portfolio emphasizes upper-upscale and luxury properties, partnering with leading hotel brands to deliver a distinctive guest experience while targeting markets with strong leisure and corporate demand.

Founded as a spin-off from Marriott International in September 2016, Xenia has built a diversified collection of full-service hotels and resorts in key U.S.