Uniplan Investment Counsel Inc. Makes New $1.41 Million Investment in Xenia Hotels & Resorts, Inc. (NYSE:XHR)

Uniplan Investment Counsel Inc. purchased a new position in Xenia Hotels & Resorts, Inc. (NYSE:XHR - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 95,179 shares of the real estate investment trust's stock, valued at approximately $1,414,000. Uniplan Investment Counsel Inc. owned 0.09% of Xenia Hotels & Resorts at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Smartleaf Asset Management LLC boosted its holdings in 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 worth $30,000 after buying an additional 1,657 shares during the period. Creekmur Asset Management LLC purchased a new stake in shares of Xenia Hotels & Resorts during the fourth quarter worth about $30,000. Fifth Third Bancorp raised its stake in Xenia Hotels & Resorts by 2,492.9% during the 4th quarter. Fifth Third Bancorp now owns 2,541 shares of the real estate investment trust's stock valued at $38,000 after purchasing an additional 2,443 shares during the period. KBC Group NV raised its stake in Xenia Hotels & Resorts by 67.1% during the 4th quarter. KBC Group NV now owns 6,365 shares of the real estate investment trust's stock valued at $95,000 after purchasing an additional 2,557 shares during the period. Finally, IFP Advisors Inc lifted its holdings in Xenia Hotels & Resorts by 16.5% in the 4th 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 in the last quarter. 92.43% of the stock is owned by hedge funds and other institutional investors.

Xenia Hotels & Resorts Stock Up 1.0 %

Shares of NYSE:XHR opened at $9.99 on Wednesday. The company has a market cap of $1.01 billion, a price-to-earnings ratio of 43.44 and a beta of 1.38. Xenia Hotels & Resorts, Inc. has a 12 month low of $8.55 and a 12 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 moving average price of $12.03 and a 200 day moving average price of $13.99.

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

Xenia Hotels & Resorts Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $0.14 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.56 annualized dividend and a dividend yield of 5.61%. This is an increase from Xenia Hotels & Resorts's previous quarterly dividend of $0.12. Xenia Hotels & Resorts's dividend payout ratio is currently 373.33%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on XHR shares. Wells Fargo & Company reduced their price objective 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. KeyCorp decreased 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 research note on Monday, March 24th. Jefferies Financial Group lowered Xenia Hotels & Resorts from a "buy" rating to a "hold" rating and cut their price objective for the company from $18.00 to $10.00 in a research report on Wednesday, April 9th. Morgan Stanley reduced their target price on Xenia Hotels & Resorts from $11.00 to $9.00 and set an "underweight" rating on the stock in a report on Tuesday. Finally, StockNews.com lowered Xenia Hotels & Resorts from a "hold" rating to a "sell" rating in a research note on Wednesday, April 2nd. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Xenia Hotels & Resorts presently has an average rating of "Hold" and an average price target of $13.50.

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.

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