Xenia Hotels & Resorts, Inc. (NYSE:XHR - Get Free Report) insider Barry Bloom sold 50,599 shares of the company's stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $15.62, for a total value of $790,356.38. Following the sale, the insider owned 167,142 shares of the company's stock, valued at approximately $2,610,758.04. This trade represents a 23.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Xenia Hotels & Resorts Stock Performance
Shares of NYSE XHR opened at $15.97 on Friday. The business's 50-day simple moving average is $15.08 and its 200-day simple moving average is $14.20. The company has a debt-to-equity ratio of 1.20, a quick ratio of 2.51 and a current ratio of 2.67. Xenia Hotels & Resorts, Inc. has a 52 week low of $8.55 and a 52 week high of $16.48. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 24.95 and a beta of 1.23.
Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) last released its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $0.45 EPS for the quarter, beating 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 company had revenue of $265.58 million for the quarter, compared to analyst estimates of $264.77 million. During the same quarter last year, the firm posted $0.39 earnings per share. The company's quarterly revenue was up 1.5% compared to the same quarter last year. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.78-1.990 EPS. As a group, equities research analysts expect that Xenia Hotels & Resorts, Inc. will post 1.46 earnings per share for the current fiscal year.
Xenia Hotels & Resorts Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Tuesday, March 31st. Xenia Hotels & Resorts's dividend payout ratio (DPR) is currently 100.00%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada grew its holdings 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 worth $366,000 after purchasing an additional 4,950 shares during the last quarter. AQR Capital Management LLC boosted its position in Xenia Hotels & Resorts by 75.0% in the first quarter. AQR Capital Management LLC now owns 39,894 shares of the real estate investment trust's stock valued at $469,000 after buying an additional 17,097 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Xenia Hotels & Resorts by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,617 shares of the real estate investment trust's stock worth $713,000 after buying an additional 2,633 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of Xenia Hotels & Resorts by 85.0% during 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 buying an additional 43,026 shares in the last quarter. Finally, CWM LLC increased its holdings in shares of Xenia Hotels & Resorts by 334.4% during the second quarter. CWM LLC now owns 14,778 shares of the real estate investment trust's stock worth $186,000 after buying an additional 11,376 shares in the last quarter. 92.43% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
XHR has been the topic of a number of research analyst reports. Robert W. Baird set a $17.00 target price on Xenia Hotels & Resorts in a report on Monday, January 12th. Wells Fargo & Company upped their target price on shares of Xenia Hotels & Resorts from $15.00 to $16.00 and gave the company an "overweight" rating in a research note on Monday, December 1st. Weiss Ratings restated a "hold (c)" rating on shares of Xenia Hotels & Resorts in a report on Monday, December 29th. Finally, Wall Street Zen downgraded Xenia Hotels & Resorts from a "buy" rating to a "hold" rating in a research report on Sunday, November 9th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $14.00.
Read Our Latest Analysis on Xenia Hotels & Resorts
About Xenia Hotels & Resorts
(
Get Free Report)
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.
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