Xenia Hotels & Resorts (NYSE:XHR) Reaches New 52-Week High – Here’s Why

Xenia Hotels & Resorts, Inc. (NYSE:XHR)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $21.31 and last traded at $21.09, with a volume of 496899 shares trading hands. The stock had previously closed at $21.00.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Weiss Ratings upgraded shares of Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, July 13th. KeyCorp increased their price target on Xenia Hotels & Resorts from $16.00 to $21.00 and gave the stock an “overweight” rating in a research report on Thursday, June 11th. Wells Fargo & Company increased their price objective on shares of Xenia Hotels & Resorts from $16.00 to $18.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $21.00 price target on shares of Xenia Hotels & Resorts in a research note on Friday, June 12th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Xenia Hotels & Resorts presently has a consensus rating of “Buy” and a consensus price target of $19.25.

Xenia Hotels & Resorts Stock Up 0.4%

The company has a market capitalization of $1.95 billion, a PE ratio of 30.13 and a beta of 1.14. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 1.14. The firm has a 50-day moving average of $18.89 and a two-hundred day moving average of $16.56.

Xenia Hotels & Resorts (NYSE:XHR) last issued its quarterly earnings data on Friday, May 1st. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.03. Xenia Hotels & Resorts had a return on equity of 5.53% and a net margin of 6.20%.The firm had revenue of $295.41 million during the quarter, compared to the consensus estimate of $291.33 million. During the same period last year, the company earned $0.51 EPS. The company’s quarterly revenue was up 2.2% on a year-over-year basis. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. Equities research analysts predict that Xenia Hotels & Resorts, Inc. will post 1.81 earnings per share for the current fiscal year.

Xenia Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a $0.14 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.7%. Xenia Hotels & Resorts’s payout ratio is presently 80.00%.

Insiders Place Their Bets

In other Xenia Hotels & Resorts news, insider Atish Shah sold 120,000 shares of the business’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $17.00, for a total transaction of $2,040,000.00. Following the sale, the insider directly owned 250,805 shares in the company, valued at $4,263,685. This represents a 32.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 4.40% of the stock is currently owned by corporate insiders.

Institutional Trading of Xenia Hotels & Resorts

A number of large investors have recently modified their holdings of the stock. Transamerica Financial Advisors LLC increased its holdings in Xenia Hotels & Resorts by 459.8% during the 4th quarter. Transamerica Financial Advisors LLC now owns 1,948 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 1,600 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Xenia Hotels & Resorts during the fourth quarter worth approximately $33,000. Harbor Capital Advisors Inc. lifted its position in Xenia Hotels & Resorts by 152.3% in the fourth quarter. Harbor Capital Advisors Inc. now owns 3,017 shares of the real estate investment trust’s stock valued at $43,000 after acquiring an additional 1,821 shares during the last quarter. Mcguire Capital Advisors Inc. purchased a new position in Xenia Hotels & Resorts during the 4th quarter worth approximately $55,000. Finally, Hantz Financial Services Inc. boosted its holdings in shares of Xenia Hotels & Resorts by 42.4% in the fourth quarter. Hantz Financial Services Inc. now owns 5,730 shares of the real estate investment trust’s stock valued at $81,000 after acquiring an additional 1,707 shares during the period. Hedge funds and other institutional investors own 92.43% of the company’s stock.

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.