Advisor Group Inc. Purchase 7,942 Shares of Xenia Hotels & Resorts Inc (XHR)

Advisor Group Inc. Purchase 7,942 Shares of Xenia Hotels & Resorts Inc (XHR)

A number of other hedge funds also recently modified their holdings of XHR. State Board of Administration of Florida Retirement System boosted its holdings in shares of Xenia Hotels & Resorts by 7.8% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 92,282 shares of the real estate investment trust’s stock valued at $2,187,000 after buying an additional 6,647 shares in the last quarter. Private Advisor Group LLC purchased a new stake in shares of Xenia Hotels & Resorts during the 3rd quarter valued at about $655,000. Daiwa Securities Group Inc. increased its position in shares of Xenia Hotels & Resorts by 19.7% during the 3rd quarter. Daiwa Securities Group Inc. now owns 17,000 shares of the real estate investment trust’s stock valued at $403,000 after purchasing an additional 2,800 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of Xenia Hotels & Resorts by 58.5% during the 3rd quarter. Wells Fargo & Company MN now owns 773,769 shares of the real estate investment trust’s stock valued at $18,337,000 after purchasing an additional 285,590 shares during the last quarter. Finally, WINTON GROUP Ltd increased its position in shares of Xenia Hotels & Resorts by 26.0% during the 3rd quarter. WINTON GROUP Ltd now owns 32,764 shares of the real estate investment trust’s stock valued at $777,000 after purchasing an additional 6,768 shares during the last quarter. 77.89% of the stock is currently owned by institutional investors.

Advisor Group Inc. lifted its position in shares of Xenia Hotels & Resorts Inc (NYSE:XHR) by 12.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 74,113 shares of the real estate investment trust’s stock after buying an additional 7,942 shares during the quarter. Advisor Group Inc. owned approximately 0.07% of Xenia Hotels & Resorts worth $1,276,000 at the end of the most recent quarter.

Several research analysts have weighed in on the company. Zacks Investment Research upgraded Xenia Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Saturday, February 16th. Morgan Stanley lowered Xenia Hotels & Resorts from an “equal weight” rating to an “underweight” rating and decreased their price target for the company from $22.00 to $17.00 in a report on Thursday, December 20th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $23.67.

Shares of XHR stock opened at $19.75 on Thursday. Xenia Hotels & Resorts Inc has a 1-year low of $16.47 and a 1-year high of $25.90. The stock has a market cap of $2.22 billion, a P/E ratio of 9.07, a P/E/G ratio of 1.57 and a beta of 1.12. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.95 and a current ratio of 1.95.

Xenia Hotels & Resorts (NYSE:XHR) last issued its quarterly earnings data on Tuesday, February 26th. The real estate investment trust reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.03. Xenia Hotels & Resorts had a return on equity of 5.96% and a net margin of 9.93%. The company had revenue of $275.66 million for the quarter, compared to the consensus estimate of $269.26 million. During the same quarter last year, the company earned $0.52 earnings per share. The firm’s revenue for the quarter was up 6.4% compared to the same quarter last year. On average, equities analysts anticipate that Xenia Hotels & Resorts Inc will post 2.01 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 12th. Investors of record on Friday, March 29th will be given a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a yield of 5.57%. The ex-dividend date is Thursday, March 28th.

Xenia Hotels & Resorts Profile

Xenia Hotels & Resorts, Inc is a self-advised and self-administered REIT that invests primarily in premium full service and lifestyle hotels, with a focus on the top 25 U.S. lodging markets as well as key leisure destinations in the United States. The Company owns 40 hotels comprising 11,239 rooms, across 17 states and the District of Columbia.

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