Dimensional Fund Advisors LP Boosts Holdings in Xenia Hotels & Resorts, Inc. (NYSE:XHR)

Dimensional Fund Advisors LP lifted its stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR - Free Report) by 3.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,481,995 shares of the real estate investment trust's stock after acquiring an additional 45,787 shares during the quarter. Dimensional Fund Advisors LP owned 1.45% of Xenia Hotels & Resorts worth $21,236,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in XHR. Norges Bank acquired a new position in shares of Xenia Hotels & Resorts in the 4th quarter worth approximately $9,787,000. Campbell & CO Investment Adviser LLC lifted its holdings in Xenia Hotels & Resorts by 77.5% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 51,362 shares of the real estate investment trust's stock worth $700,000 after buying an additional 22,430 shares in the last quarter. Lighthouse Investment Partners LLC acquired a new stake in Xenia Hotels & Resorts during the 4th quarter worth approximately $3,405,000. VitalStone Financial LLC lifted its holdings in Xenia Hotels & Resorts by 54.4% during the 4th quarter. VitalStone Financial LLC now owns 2,482 shares of the real estate investment trust's stock worth $34,000 after buying an additional 875 shares in the last quarter. Finally, Wellington Management Group LLP lifted its holdings in Xenia Hotels & Resorts by 2.8% during the 4th quarter. Wellington Management Group LLP now owns 10,137,079 shares of the real estate investment trust's stock worth $138,067,000 after buying an additional 278,686 shares in the last quarter. 92.43% of the stock is currently owned by institutional investors and hedge funds.

Xenia Hotels & Resorts Stock Up 3.7 %

Shares of NYSE:XHR traded up $0.55 during trading hours on Friday, reaching $15.29. The stock had a trading volume of 971,572 shares, compared to its average volume of 827,248. Xenia Hotels & Resorts, Inc. has a 1 year low of $10.92 and a 1 year high of $15.84. The firm's 50 day moving average is $13.84 and its 200-day moving average is $14.25. The company has a debt-to-equity ratio of 1.06, a quick ratio of 2.26 and a current ratio of 2.26. The stock has a market capitalization of $1.56 billion, a price-to-earnings ratio of 80.48 and a beta of 1.51.

Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.15 EPS for the quarter, missing analysts' consensus estimates of $0.45 by ($0.30). Xenia Hotels & Resorts had a net margin of 2.24% and a return on equity of 1.72%. The firm had revenue of $272.90 million during the quarter, compared to analysts' expectations of $275.66 million. During the same period in the prior year, the company posted $0.47 earnings per share. The company's revenue for the quarter was up .7% on a year-over-year basis. Research analysts predict that Xenia Hotels & Resorts, Inc. will post 1.54 earnings per share for the current fiscal year.

Xenia Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date is Monday, September 30th. Xenia Hotels & Resorts's dividend payout ratio (DPR) is 252.64%.

Analyst Ratings Changes

A number of research firms have issued reports on XHR. B. Riley reduced their target price on shares of Xenia Hotels & Resorts from $17.00 to $15.50 and set a "neutral" rating on the stock in a report on Wednesday, August 7th. Wells Fargo & Company upgraded shares of Xenia Hotels & Resorts from an "equal weight" rating to an "overweight" rating and reduced their target price for the stock from $16.00 to $15.00 in a report on Friday, September 13th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $15.30.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc is a self-advised and self-administered REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts with a focus on the top 25 lodging markets as well as key leisure destinations in the United States. The Company owns 32 hotels and resorts comprising 9,511 rooms across 14 states.