Legal & General Group Plc Acquires 46,951 Shares of Xenia Hotels & Resorts, Inc. $XHR

by · The Markets Daily

Legal & General Group Plc grew its holdings in Xenia Hotels & Resorts, Inc. (NYSE:XHR – Free Report) by 6.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 742,669 shares of the real estate investment trust’s stock after purchasing an additional 46,951 shares during the quarter. Legal & General Group Plc owned approximately 0.78% of Xenia Hotels & Resorts worth $10,501,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. MAI Capital Management boosted its stake in shares of Xenia Hotels & Resorts by 475.6% in the 3rd quarter. MAI Capital Management now owns 2,026 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 1,674 shares during the last quarter. Harbor Capital Advisors Inc. boosted its stake in shares of Xenia Hotels & Resorts by 152.3% in the 4th quarter. Harbor Capital Advisors Inc. now owns 3,017 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 1,821 shares during the last quarter. Hantz Financial Services Inc. boosted its stake in shares of Xenia Hotels & Resorts by 38.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 4,023 shares of the real estate investment trust’s stock valued at $55,000 after purchasing an additional 1,119 shares during the last quarter. IFP Advisors Inc boosted its stake in shares of Xenia Hotels & Resorts by 98.9% in the 4th quarter. IFP Advisors Inc now owns 7,782 shares of the real estate investment trust’s stock valued at $110,000 after purchasing an additional 3,869 shares during the last quarter. Finally, State of Wyoming bought a new position in shares of Xenia Hotels & Resorts in the 2nd quarter valued at about $118,000. Institutional investors own 92.43% of the company’s stock.

Xenia Hotels & Resorts Stock Performance

Shares of NYSE:XHR opened at $17.79 on Thursday. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of 25.41 and a beta of 1.17. The firm’s 50 day simple moving average is $16.14 and its 200 day simple moving average is $15.24. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.05 and a quick ratio of 2.05. Xenia Hotels & Resorts, Inc. has a fifty-two week low of $11.75 and a fifty-two week high of $17.96.

Xenia Hotels & Resorts (NYSE:XHR – Get Free Report) last announced its quarterly earnings results on Friday, May 1st. The real estate investment trust reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.03. The business had revenue of $295.41 million for the quarter, compared to the consensus estimate of $291.33 million. Xenia Hotels & Resorts had a net margin of 6.20% and a return on equity of 5.53%. Xenia Hotels & Resorts’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same period last year, the company posted $0.51 EPS. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. As a group, sell-side analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.81 earnings per share for the current year.

Xenia Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 3.1%. The ex-dividend date is Tuesday, June 30th. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is 80.00%.

Analyst Ratings Changes

Several research analysts have recently issued reports on XHR shares. Weiss Ratings raised shares of Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, May 4th. BMO Capital Markets reiterated an “outperform” rating and issued a $19.00 price target on shares of Xenia Hotels & Resorts in a research report on Monday, May 4th. Finally, Wells Fargo & Company increased their price target on shares of Xenia Hotels & Resorts from $16.00 to $18.00 and gave the company an “overweight” rating in a research report on Monday. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Xenia Hotels & Resorts presently has a consensus rating of “Buy” and a consensus target price of $18.00.

Read Our Latest Stock Analysis on XHR

Insider Buying and Selling

In other Xenia Hotels & Resorts news, insider Atish Shah sold 120,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $17.00, for a total transaction of $2,040,000.00. Following the sale, the insider directly owned 250,805 shares in the company, valued at approximately $4,263,685. This trade represents a 32.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 4.40% of the company’s stock.

About Xenia Hotels & Resorts

(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.

Featured Articles

Want to see what other hedge funds are holding XHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xenia Hotels & Resorts, Inc. (NYSE:XHR – Free Report).