Brokerages Set Xenia Hotels & Resorts, Inc. (NYSE:XHR) Price Target at $13.40

by · The Cerbat Gem

Xenia Hotels & Resorts, Inc. (NYSE:XHR – Get Free Report) has earned a consensus recommendation of “Hold” from the six analysts that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $13.40.

Several research analysts have weighed in on XHR shares. Weiss Ratings reissued a “hold (c)” rating on shares of Xenia Hotels & Resorts in a report on Monday. Wells Fargo & Company increased their price objective on Xenia Hotels & Resorts from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Monday, December 1st. Wall Street Zen cut shares of Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Finally, BMO Capital Markets raised their price target on shares of Xenia Hotels & Resorts from $15.00 to $16.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 2nd.

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Xenia Hotels & Resorts Stock Performance

Shares of NYSE XHR opened at $15.14 on Thursday. The company has a current ratio of 2.51, a quick ratio of 2.51 and a debt-to-equity ratio of 1.16. The company has a market capitalization of $1.43 billion, a P/E ratio of 27.03 and a beta of 1.25. Xenia Hotels & Resorts has a 12 month low of $8.55 and a 12 month high of $16.07. The stock has a 50 day moving average of $13.51 and a 200-day moving average of $13.36.

Xenia Hotels & Resorts (NYSE:XHR – Get Free Report) last announced its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.16) by $0.39. The business had revenue of $236.42 million during the quarter, compared to the consensus estimate of $236.16 million. Xenia Hotels & Resorts had a return on equity of 4.50% and a net margin of 5.24%.During the same quarter last year, the firm posted $0.25 EPS. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.680-1.76 EPS. As a group, equities research analysts predict that Xenia Hotels & Resorts will post 1.46 EPS for the current year.

Xenia Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Wednesday, December 31st. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is 100.00%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Woodline Partners LP lifted its stake in Xenia Hotels & Resorts by 138.9% during the first quarter. Woodline Partners LP now owns 1,650,570 shares of the real estate investment trust’s stock worth $19,411,000 after purchasing an additional 959,641 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Xenia Hotels & Resorts by 76.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,070,540 shares of the real estate investment trust’s stock valued at $26,027,000 after buying an additional 898,176 shares in the last quarter. Adage Capital Partners GP L.L.C. grew its position in Xenia Hotels & Resorts by 1,207.7% in the first quarter. Adage Capital Partners GP L.L.C. now owns 650,000 shares of the real estate investment trust’s stock valued at $7,644,000 after acquiring an additional 600,294 shares during the last quarter. Vanguard Group Inc. raised its stake in Xenia Hotels & Resorts by 3.3% during the third quarter. Vanguard Group Inc. now owns 17,267,751 shares of the real estate investment trust’s stock worth $236,914,000 after acquiring an additional 555,195 shares in the last quarter. Finally, Nuveen LLC acquired a new position in Xenia Hotels & Resorts during the first quarter worth about $5,404,000. Institutional investors and hedge funds own 92.43% of the company’s stock.

Xenia Hotels & Resorts Company Profile

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Xenia Hotels & Resorts, Inc is a real estate investment trust, which engages in the provision of investment in luxury and upper upscale hotels and resorts. It also owns a diversified portfolio of lodging properties operated by Marriott, Kimpton, Hyatt, Aston, Fairmong, and Loews. The company was founded in 2007 and is headquartered in Orlando, FL.

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