Vestcor Inc Purchases New Stake in Xenia Hotels & Resorts, Inc. $XHR

Vestcor Inc acquired a new position in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 73,624 shares of the real estate investment trust’s stock, valued at approximately $1,010,000. Vestcor Inc owned 0.08% of Xenia Hotels & Resorts at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of XHR. Thrivent Financial for Lutherans boosted its stake in shares of 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 valued at $4,164,000 after buying an additional 230,921 shares during the period. AlphaQuest LLC grew its holdings in shares of Xenia Hotels & Resorts by 384.9% during 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 increased 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 increased 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, Teacher Retirement System of Texas raised its holdings in shares of Xenia Hotels & Resorts by 218.1% during the third quarter. Teacher Retirement System of Texas now owns 106,874 shares of the real estate investment trust’s stock worth $1,466,000 after acquiring an additional 73,281 shares in the last quarter. Hedge funds and other institutional investors own 92.43% of the company’s stock.

Insider Buying and Selling at Xenia Hotels & Resorts

In related news, insider Barry A. N. Bloom sold 151,909 shares of the stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $15.73, for a total transaction of $2,389,528.57. Following the completion of the sale, the insider owned 15,233 shares in the company, valued at $239,615.09. This represents a 90.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 3.20% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on XHR shares. Robert W. Baird set a $17.00 target price on Xenia Hotels & Resorts in a research note on Monday, January 12th. Wells Fargo & Company raised their price target on Xenia Hotels & Resorts from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Monday, December 1st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Xenia Hotels & Resorts in a report on Monday, December 29th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $14.00.

Xenia Hotels & Resorts Stock Performance

Shares of NYSE XHR traded down $0.16 during trading hours on Friday, hitting $14.21. 33,908 shares of the stock were exchanged, compared to its average volume of 751,376. Xenia Hotels & Resorts, Inc. has a one year low of $8.55 and a one year high of $16.48. The company’s 50 day moving average is $15.18 and its 200 day moving average is $14.33. The company has a debt-to-equity ratio of 1.20, a current ratio of 2.67 and a quick ratio of 2.67. The firm has a market capitalization of $1.31 billion, a P/E ratio of 22.19 and a beta of 1.17.

Xenia Hotels & Resorts (NYSE:XHR) last released its 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. Xenia Hotels & Resorts had a net margin of 5.85% and a return on equity of 5.13%. The firm had revenue of $265.58 million during the quarter, compared to analyst estimates of $264.77 million. During the same quarter in the previous year, the business earned $0.39 EPS. The business’s revenue 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, research analysts expect 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 will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Tuesday, March 31st. Xenia Hotels & Resorts’s payout ratio is currently 87.50%.

Xenia Hotels & Resorts 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.