VIRGINIA RETIREMENT SYSTEMS ET Al Purchases Shares of 254,134 Xenia Hotels & Resorts, Inc. $XHR

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 254,134 shares of the real estate investment trust’s stock, valued at approximately $5,174,000.

A number of other hedge funds have also recently made changes to their positions in XHR. Royal Bank of Canada boosted its stake in shares of Xenia Hotels & Resorts by 18.9% in the 1st quarter. Royal Bank of Canada now owns 31,100 shares of the real estate investment trust’s stock valued at $366,000 after purchasing an additional 4,950 shares in the last quarter. AQR Capital Management LLC raised its position in Xenia Hotels & Resorts by 75.0% in the 1st quarter. AQR Capital Management LLC now owns 39,894 shares of the real estate investment trust’s stock worth $469,000 after purchasing an additional 17,097 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Xenia Hotels & Resorts by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,617 shares of the real estate investment trust’s stock worth $713,000 after purchasing an additional 2,633 shares during the period. Jane Street Group LLC lifted its stake in Xenia Hotels & Resorts by 85.0% in the first quarter. Jane Street Group LLC now owns 93,661 shares of the real estate investment trust’s stock worth $1,101,000 after purchasing an additional 43,026 shares during the last quarter. Finally, Creative Planning bought a new stake in Xenia Hotels & Resorts in the second quarter worth $230,000. 92.43% of the stock is currently owned by institutional investors.

Xenia Hotels & Resorts Stock Down 1.6%

NYSE XHR opened at $17.68 on Wednesday. Xenia Hotels & Resorts, Inc. has a 1 year low of $11.75 and a 1 year high of $22.06. The stock has a market capitalization of $1.63 billion, a PE ratio of -252.46 and a beta of 1.14. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.47 and a quick ratio of 2.47. The business’s 50-day moving average is $19.84 and its 200 day moving average is $17.73.

Xenia Hotels & Resorts (NYSE:XHR) last released its quarterly 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. Xenia Hotels & Resorts had a negative return on equity of 0.61% and a negative net margin of 0.66%.The business had revenue of $295.49 million during the quarter, compared to analyst estimates of $302.39 million. During the same quarter in the prior year, the company posted $0.57 EPS. Xenia Hotels & Resorts’s quarterly revenue was up 2.7% compared to the same quarter last year. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.960-2.080 EPS. Sell-side analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.89 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on XHR shares. BMO Capital Markets downgraded Xenia Hotels & Resorts from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $22.00 to $20.50 in a report on Tuesday, September 1st. Weiss Ratings lowered Xenia Hotels & Resorts from a “hold (c+)” rating to a “hold (c-)” rating in a research note on Thursday, August 13th. Wells Fargo & Company lifted their target price on shares of Xenia Hotels & Resorts from $18.00 to $22.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Finally, KeyCorp upped their price target on shares of Xenia Hotels & Resorts from $16.00 to $21.00 and gave the company an “overweight” rating in a report on Thursday, June 11th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $20.12.

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.