304,960 Shares in Xenia Hotels & Resorts, Inc. (NYSE:XHR) Purchased by SG Americas Securities LLC

SG Americas Securities LLC purchased a new stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 304,960 shares of the real estate investment trust's stock, valued at approximately $4,504,000. SG Americas Securities LLC owned approximately 0.30% of Xenia Hotels & Resorts as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in XHR. Federated Hermes Inc. lifted its position in Xenia Hotels & Resorts by 179,814.4% in the 2nd quarter. Federated Hermes Inc. now owns 350,833 shares of the real estate investment trust's stock valued at $5,027,000 after acquiring an additional 350,638 shares in the last quarter. Mutual of America Capital Management LLC lifted its holdings in shares of Xenia Hotels & Resorts by 1,602.7% in the second quarter. Mutual of America Capital Management LLC now owns 308,593 shares of the real estate investment trust's stock valued at $4,422,000 after purchasing an additional 290,469 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of Xenia Hotels & Resorts by 2.8% in the fourth quarter. Wellington Management Group LLP now owns 10,137,079 shares of the real estate investment trust's stock valued at $138,067,000 after purchasing an additional 278,686 shares in the last quarter. Lighthouse Investment Partners LLC acquired a new position in shares of Xenia Hotels & Resorts during the fourth quarter worth about $3,405,000. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of Xenia Hotels & Resorts during the second quarter worth about $2,345,000. Institutional investors and hedge funds own 92.43% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. B. Riley cut their target price on Xenia Hotels & Resorts from $17.00 to $15.50 and set a "neutral" rating on the stock in a research note on Wednesday, August 7th. Wells Fargo & Company raised shares of Xenia Hotels & Resorts from an "equal weight" rating to an "overweight" rating and cut their price objective for the stock from $16.00 to $15.00 in a research report on Friday, September 13th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $15.30.

Xenia Hotels & Resorts Stock Down 2.1 %

Shares of Xenia Hotels & Resorts stock traded down $0.32 on Monday, reaching $14.97. 1,005,976 shares of the company were exchanged, compared to its average volume of 828,173. The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of 78.79 and a beta of 1.51. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 1.06. Xenia Hotels & Resorts, Inc. has a one year low of $10.92 and a one year high of $15.84. The company has a 50-day moving average of $13.88 and a 200 day moving average of $14.24.

Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) last announced its quarterly earnings results 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). The firm had revenue of $272.90 million during the quarter, compared to analyst estimates of $275.66 million. Xenia Hotels & Resorts had a net margin of 2.24% and a return on equity of 1.72%. The business's revenue was up .7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.47 EPS. On average, equities research analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.54 earnings per share for the current year.

Xenia Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.21%. The ex-dividend date is Monday, September 30th. Xenia Hotels & Resorts's payout ratio is presently 252.63%.

Xenia Hotels & Resorts 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.