Sei Investments Co. Makes New $1.27 Million Investment in Xenia Hotels & Resorts, Inc. (NYSE:XHR)

Sei Investments Co. acquired a new stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 85,430 shares of the real estate investment trust's stock, valued at approximately $1,270,000. Sei Investments Co. owned about 0.08% of Xenia Hotels & Resorts at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Smartleaf Asset Management LLC boosted its holdings in shares of Xenia Hotels & Resorts by 500.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,988 shares of the real estate investment trust's stock valued at $30,000 after buying an additional 1,657 shares in the last quarter. Fifth Third Bancorp lifted its position in Xenia Hotels & Resorts by 2,492.9% in the fourth quarter. Fifth Third Bancorp now owns 2,541 shares of the real estate investment trust's stock valued at $38,000 after acquiring an additional 2,443 shares during the last quarter. KBC Group NV boosted its stake in Xenia Hotels & Resorts by 67.1% in the fourth quarter. KBC Group NV now owns 6,365 shares of the real estate investment trust's stock valued at $95,000 after acquiring an additional 2,557 shares in the last quarter. IFP Advisors Inc grew its holdings in shares of Xenia Hotels & Resorts by 16.5% during the fourth quarter. IFP Advisors Inc now owns 8,817 shares of the real estate investment trust's stock worth $131,000 after purchasing an additional 1,250 shares during the last quarter. Finally, Entropy Technologies LP acquired a new stake in shares of Xenia Hotels & Resorts during the fourth quarter worth about $157,000. 92.43% of the stock is currently owned by institutional investors and hedge funds.

Xenia Hotels & Resorts Trading Up 0.2 %

Shares of Xenia Hotels & Resorts stock traded up $0.02 during mid-day trading on Friday, hitting $9.77. 986,962 shares of the stock were exchanged, compared to its average volume of 796,612. The stock has a market capitalization of $991.13 million, a price-to-earnings ratio of 42.48 and a beta of 1.38. Xenia Hotels & Resorts, Inc. has a twelve month low of $8.55 and a twelve month high of $16.50. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 1.07. The company has a 50-day simple moving average of $12.70 and a 200 day simple moving average of $14.24.

Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) last released its earnings results on Tuesday, February 25th. The real estate investment trust reported $0.39 EPS for the quarter, beating the consensus estimate of $0.05 by $0.34. Xenia Hotels & Resorts had a return on equity of 1.86% and a net margin of 2.37%. The firm had revenue of $261.80 million during the quarter, compared to analyst estimates of $263.47 million. During the same period in the prior year, the firm posted $0.41 earnings per share. The business's quarterly revenue was up 3.3% compared to the same quarter last year. Research analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.46 EPS for the current year.

Xenia Hotels & Resorts Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.14 per share. This is an increase from Xenia Hotels & Resorts's previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a yield of 5.73%. The ex-dividend date of this dividend is Monday, March 31st. Xenia Hotels & Resorts's payout ratio is currently 373.33%.

Wall Street Analysts Forecast Growth

XHR has been the topic of a number of research reports. KeyCorp lowered their target price on shares of Xenia Hotels & Resorts from $17.00 to $16.00 and set an "overweight" rating on the stock in a research report on Monday, March 24th. StockNews.com downgraded shares of Xenia Hotels & Resorts from a "hold" rating to a "sell" rating in a research report on Wednesday, April 2nd. Wells Fargo & Company reduced their target price on shares of Xenia Hotels & Resorts from $18.00 to $17.00 and set an "overweight" rating for the company in a report on Tuesday, February 18th. Finally, Jefferies Financial Group lowered Xenia Hotels & Resorts from a "buy" rating to a "hold" rating and lowered their price target for the stock from $18.00 to $10.00 in a report on Wednesday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $14.63.

About Xenia Hotels & Resorts

Xenia Hotels & Resorts, Inc is a real estate investment trust, which engages in the investment of 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.