Xenia Hotels & Resorts, Inc. $XHR Shares Sold by Cramer Rosenthal Mcglynn LLC

Cramer Rosenthal Mcglynn LLC lessened its stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 14.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 457,699 shares of the real estate investment trust’s stock after selling 78,664 shares during the quarter. Cramer Rosenthal Mcglynn LLC’s holdings in Xenia Hotels & Resorts were worth $6,280,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. MAI Capital Management raised its position in shares of Xenia Hotels & Resorts by 475.6% in the 3rd quarter. MAI Capital Management now owns 2,026 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 1,674 shares during the period. Salomon & Ludwin LLC raised its holdings in shares of 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 worth $28,000 after purchasing an additional 1,111 shares during the period. Hantz Financial Services Inc. grew its holdings in shares of Xenia Hotels & Resorts by 38.5% during the 3rd quarter. Hantz Financial Services Inc. now owns 4,023 shares of the real estate investment trust’s stock worth $55,000 after purchasing an additional 1,119 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of Xenia Hotels & Resorts by 79.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 8,557 shares of the real estate investment trust’s stock worth $108,000 after purchasing an additional 3,782 shares during the period. Finally, State of Wyoming acquired a new stake in Xenia Hotels & Resorts during the 2nd quarter worth approximately $118,000. 92.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on XHR shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Xenia Hotels & Resorts in a research report on Monday, December 29th. Wells Fargo & Company upped their price target on shares of Xenia Hotels & Resorts from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Monday, December 1st. Wall Street Zen lowered 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 price objective on Xenia Hotels & Resorts in a research note on Monday, January 12th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $14.00.

Insider Transactions at Xenia Hotels & Resorts

In other Xenia Hotels & Resorts news, insider Barry A. N. Bloom sold 151,909 shares of Xenia Hotels & Resorts stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $15.73, for a total value of $2,389,528.57. Following the completion of the transaction, the insider owned 15,233 shares of the company’s stock, valued at $239,615.09. The trade was a 90.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. 3.20% of the stock is owned by company insiders.

Xenia Hotels & Resorts Trading Down 1.4%

NYSE:XHR opened at $15.44 on Friday. The business’s 50-day simple moving average is $15.14 and its 200 day simple moving average is $14.28. Xenia Hotels & Resorts, Inc. has a one year low of $8.55 and a one year high of $16.48. The stock has a market cap of $1.42 billion, a price-to-earnings ratio of 24.13 and a beta of 1.17. The company has a debt-to-equity ratio of 1.20, a quick ratio of 2.67 and a current ratio of 2.67.

Xenia Hotels & Resorts (NYSE:XHR) last released its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.41. The business had revenue of $265.58 million during the quarter, compared to the consensus estimate of $264.77 million. Xenia Hotels & Resorts had a net margin of 5.85% and a return on equity of 5.13%. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.39 earnings per share. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.78-1.990 EPS. As a group, sell-side analysts predict that Xenia Hotels & Resorts, Inc. will post 1.46 earnings per share for the current fiscal year.

Xenia Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Tuesday, March 31st. Xenia Hotels & Resorts’s payout ratio is 87.50%.

Xenia Hotels & Resorts Company Profile

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.