Thrivent Financial for Lutherans Sells 119,846 Shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR)

Thrivent Financial for Lutherans decreased its holdings in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR - Free Report) by 60.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 78,699 shares of the real estate investment trust's stock after selling 119,846 shares during the period. Thrivent Financial for Lutherans owned approximately 0.08% of Xenia Hotels & Resorts worth $1,169,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Picton Mahoney Asset Management increased its holdings in Xenia Hotels & Resorts by 33.5% during the 4th quarter. Picton Mahoney Asset Management now owns 31,582 shares of the real estate investment trust's stock worth $470,000 after purchasing an additional 7,919 shares in the last quarter. Swiss National Bank boosted its position in shares of Xenia Hotels & Resorts by 0.8% during the fourth quarter. Swiss National Bank now owns 200,580 shares of the real estate investment trust's stock valued at $2,981,000 after buying an additional 1,500 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Xenia Hotels & Resorts by 51.5% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 66,068 shares of the real estate investment trust's stock worth $982,000 after buying an additional 22,463 shares in the last quarter. AlphaQuest LLC raised its position in Xenia Hotels & Resorts by 11.7% in the 4th quarter. AlphaQuest LLC now owns 26,945 shares of the real estate investment trust's stock valued at $400,000 after buying an additional 2,828 shares during the last quarter. Finally, Amundi raised its holdings in shares of Xenia Hotels & Resorts by 32.0% in the fourth quarter. Amundi now owns 102,956 shares of the real estate investment trust's stock valued at $1,514,000 after purchasing an additional 24,978 shares during the last quarter. 92.43% of the stock is owned by institutional investors.

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Xenia Hotels & Resorts Stock Performance

Shares of XHR traded down $0.72 during mid-day trading on Friday, hitting $9.82. The stock had a trading volume of 1,775,077 shares, compared to its average volume of 776,981. Xenia Hotels & Resorts, Inc. has a 52 week low of $9.64 and a 52 week high of $16.50. The company has a debt-to-equity ratio of 1.07, a current ratio of 2.20 and a quick ratio of 2.20. The business has a fifty day moving average price of $13.42 and a 200-day moving average price of $14.48. The firm has a market cap of $994.78 million, a P/E ratio of 42.68 and a beta of 1.38.

Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) last released its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 company had revenue of $261.80 million for the quarter, compared to analyst estimates of $263.47 million. During the same period in the previous year, the company posted $0.41 EPS. The firm's revenue for the quarter was up 3.3% compared to the same quarter last year. On average, equities research analysts expect that Xenia Hotels & Resorts, Inc. will post 1.46 EPS for the current year.

Xenia Hotels & Resorts Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 5.71%. This is an increase from Xenia Hotels & Resorts's previous quarterly dividend of $0.12. The ex-dividend date is Monday, March 31st. Xenia Hotels & Resorts's dividend payout ratio (DPR) is presently 373.33%.

Analysts Set New Price Targets

Several equities analysts have commented on XHR shares. Wells Fargo & Company dropped their target price 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, February 18th. Jefferies Financial Group raised their target price on Xenia Hotels & Resorts from $18.00 to $20.00 and gave the company a "buy" rating in a research report on Thursday, January 2nd. KeyCorp cut their price target on shares of Xenia Hotels & Resorts from $17.00 to $16.00 and set an "overweight" rating on the stock in a report on Monday, March 24th. Finally, StockNews.com lowered shares of Xenia Hotels & Resorts from a "hold" rating to a "sell" rating in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $17.13.

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.