Mitsubishi UFJ Asset Management Co. Ltd. Acquires New Shares in Xenia Hotels & Resorts, Inc. $XHR

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Xenia Hotels & Resorts, Inc. (NYSE:XHR) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 80,376 shares of the real estate investment trust’s stock, valued at approximately $1,636,000. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.09% of Xenia Hotels & Resorts as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XHR. Wellington Management Group LLP lifted its stake in shares of Xenia Hotels & Resorts by 3.1% in the 3rd quarter. Wellington Management Group LLP now owns 9,044,142 shares of the real estate investment trust’s stock valued at $124,086,000 after purchasing an additional 273,876 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Xenia Hotels & Resorts by 30.6% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,704,360 shares of the real estate investment trust’s stock worth $37,104,000 after purchasing an additional 633,820 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Xenia Hotels & Resorts by 2.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,345,600 shares of the real estate investment trust’s stock worth $33,167,000 after purchasing an additional 49,979 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Xenia Hotels & Resorts by 2.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,374,459 shares of the real estate investment trust’s stock valued at $18,859,000 after buying an additional 32,635 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its holdings in Xenia Hotels & Resorts by 40.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,360,082 shares of the real estate investment trust’s stock valued at $19,898,000 after buying an additional 390,145 shares during the period. Institutional investors and hedge funds own 92.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on XHR. KeyCorp increased their target price on shares of Xenia Hotels & Resorts from $16.00 to $21.00 and gave the stock an “overweight” rating in a research note on Thursday, June 11th. BMO Capital Markets reissued an “outperform” rating and issued a $21.00 price target on shares of Xenia Hotels & Resorts in a research note on Friday, June 12th. Wells Fargo & Company upped their price objective on shares of Xenia Hotels & Resorts from $18.00 to $22.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Finally, Weiss Ratings cut shares of Xenia Hotels & Resorts from a “hold (c+)” rating to a “hold (c-)” rating in a research report on Thursday, August 13th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $20.25.

Xenia Hotels & Resorts Price Performance

XHR stock opened at $19.40 on Friday. The business’s fifty day moving average price is $20.16 and its 200 day moving average price is $17.45. Xenia Hotels & Resorts, Inc. has a 12-month low of $11.75 and a 12-month high of $22.06. The company has a current ratio of 2.47, a quick ratio of 2.47 and a debt-to-equity ratio of 1.17. The company has a market capitalization of $1.79 billion, a PE ratio of -277.10 and a beta of 1.15.

Xenia Hotels & Resorts (NYSE:XHR) last announced its earnings results on Thursday, July 30th. The real estate investment trust reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.37. The company had revenue of $295.49 million during the quarter, compared to analysts’ expectations of $302.39 million. Xenia Hotels & Resorts had a negative return on equity of 0.61% and a negative net margin of 0.66%.Xenia Hotels & Resorts’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period last year, the business posted $0.57 EPS. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.960-2.080 EPS. On average, sell-side analysts anticipate that Xenia Hotels & Resorts, Inc. will post 1.89 EPS for the current year.

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.