Allspring Global Investments Holdings LLC Has $3.43 Million Stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR)

Allspring Global Investments Holdings LLC boosted its stake in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR - Free Report) by 28.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 230,574 shares of the real estate investment trust's stock after acquiring an additional 51,182 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.23% of Xenia Hotels & Resorts worth $3,425,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. International Assets Investment Management LLC increased its position in shares of Xenia Hotels & Resorts by 2,559.7% during the 3rd quarter. International Assets Investment Management LLC now owns 9,761 shares of the real estate investment trust's stock worth $144,000 after purchasing an additional 9,394 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in Xenia Hotels & Resorts by 34.9% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,958 shares of the real estate investment trust's stock worth $60,000 after buying an additional 1,023 shares during the last quarter. DekaBank Deutsche Girozentrale increased its holdings in shares of Xenia Hotels & Resorts by 9.2% during the third quarter. DekaBank Deutsche Girozentrale now owns 31,531 shares of the real estate investment trust's stock worth $468,000 after buying an additional 2,647 shares in the last quarter. New York State Teachers Retirement System raised its stake in shares of Xenia Hotels & Resorts by 4.2% in the third quarter. New York State Teachers Retirement System now owns 135,804 shares of the real estate investment trust's stock valued at $2,006,000 after acquiring an additional 5,435 shares during the last quarter. Finally, James Investment Research Inc. boosted its holdings in shares of Xenia Hotels & Resorts by 48.5% in the 3rd quarter. James Investment Research Inc. now owns 25,315 shares of the real estate investment trust's stock worth $374,000 after acquiring an additional 8,266 shares in the last quarter. 92.43% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on XHR shares. Jefferies Financial Group raised their price target on Xenia Hotels & Resorts from $18.00 to $20.00 and gave the company a "buy" rating in a report on Thursday, January 2nd. StockNews.com lowered Xenia Hotels & Resorts from a "hold" rating to a "sell" rating in a research note on Wednesday. Finally, Wells Fargo & Company reduced their price target on shares of Xenia Hotels & Resorts from $18.00 to $17.00 and set an "overweight" rating on the stock in a research report on Tuesday. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Xenia Hotels & Resorts has a consensus rating of "Hold" and a consensus target price of $17.38.

Xenia Hotels & Resorts Trading Down 3.2 %

XHR traded down $0.46 during mid-day trading on Friday, reaching $13.99. The stock had a trading volume of 902,322 shares, compared to its average volume of 629,974. The stock has a market capitalization of $1.42 billion, a P/E ratio of 60.81 and a beta of 1.50. Xenia Hotels & Resorts, Inc. has a 52 week low of $12.34 and a 52 week high of $16.50. The company has a debt-to-equity ratio of 1.07, a quick ratio of 2.20 and a current ratio of 2.20. The firm's fifty day simple moving average is $14.87 and its two-hundred day simple moving average is $14.66.

Xenia Hotels & Resorts Profile

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.