Insider Selling: Xenia Hotels & Resorts (NYSE:XHR) Insider Sells 50,599 Shares of Stock

Xenia Hotels & Resorts, Inc. (NYSE:XHRGet Free Report) insider Barry Bloom sold 50,599 shares of the business’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $15.62, for a total transaction of $790,356.38. Following the transaction, the insider directly owned 167,142 shares in the company, valued at $2,610,758.04. This trade represents a 23.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Xenia Hotels & Resorts Stock Performance

Xenia Hotels & Resorts stock traded up $0.58 during mid-day trading on Thursday, reaching $15.97. The company had a trading volume of 1,838,772 shares, compared to its average volume of 800,469. The company has a quick ratio of 2.51, a current ratio of 2.67 and a debt-to-equity ratio of 1.20. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 24.95 and a beta of 1.23. The company has a 50 day moving average of $15.07 and a 200-day moving average of $14.19. Xenia Hotels & Resorts, Inc. has a 52 week low of $8.55 and a 52 week high of $16.48.

Xenia Hotels & Resorts (NYSE:XHRGet Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.41. Xenia Hotels & Resorts had a net margin of 5.85% and a return on equity of 5.13%. The business had revenue of $265.58 million during the quarter, compared to analyst estimates of $264.77 million. During the same quarter in the prior year, the business earned $0.39 earnings per share. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.78-1.990 EPS. On average, sell-side analysts expect that Xenia Hotels & Resorts, Inc. will post 1.46 EPS for the current fiscal year.

Xenia Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.14 per share. The ex-dividend date is Tuesday, March 31st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.5%. Xenia Hotels & Resorts’s payout ratio is currently 100.00%.

Institutional Investors Weigh In On Xenia Hotels & Resorts

Hedge funds have recently made changes to their positions in the company. Thrivent Financial for Lutherans lifted its position in Xenia Hotels & Resorts by 318.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 303,499 shares of the real estate investment trust’s stock worth $4,164,000 after buying an additional 230,921 shares in the last quarter. AlphaQuest LLC increased its position in Xenia Hotels & Resorts by 384.9% in the 3rd quarter. AlphaQuest LLC now owns 132,949 shares of the real estate investment trust’s stock valued at $1,824,000 after acquiring an additional 105,529 shares in the last quarter. Allianz Asset Management GmbH raised its stake in shares of Xenia Hotels & Resorts by 48.4% in the third quarter. Allianz Asset Management GmbH now owns 912,583 shares of the real estate investment trust’s stock worth $12,521,000 after acquiring an additional 297,451 shares during the last quarter. LSV Asset Management raised its stake in shares of Xenia Hotels & Resorts by 1,170.2% in the second quarter. LSV Asset Management now owns 100,347 shares of the real estate investment trust’s stock worth $1,261,000 after acquiring an additional 92,447 shares during the last quarter. Finally, WINTON GROUP Ltd acquired a new position in shares of Xenia Hotels & Resorts during the second quarter worth approximately $2,514,000. Institutional investors and hedge funds own 92.43% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on XHR. Wall Street Zen downgraded shares of Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Robert W. Baird set a $17.00 price objective on shares of Xenia Hotels & Resorts in a report on Monday, January 12th. Wells Fargo & Company upped their target price on shares of Xenia Hotels & Resorts from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Monday, December 1st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Xenia Hotels & Resorts in a research report on Monday, December 29th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $14.00.

View Our Latest Analysis on XHR

About Xenia Hotels & Resorts

(Get Free Report)

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.

Further Reading

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