ExodusPoint Capital Management LP Has $10.39 Million Stock Position in Xenia Hotels & Resorts, Inc. (NYSE:XHR)

ExodusPoint Capital Management LP raised its holdings in Xenia Hotels & Resorts, Inc. (NYSE:XHR - Free Report) by 68.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 699,385 shares of the real estate investment trust's stock after purchasing an additional 284,563 shares during the period. ExodusPoint Capital Management LP owned 0.69% of Xenia Hotels & Resorts worth $10,393,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Smartleaf Asset Management LLC grew its holdings in shares of Xenia Hotels & Resorts by 500.6% during the fourth 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 in the last quarter. Creekmur Asset Management LLC purchased a new stake in shares of Xenia Hotels & Resorts in the fourth quarter valued at $30,000. Fifth Third Bancorp increased its stake in Xenia Hotels & Resorts by 2,492.9% in the fourth 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 last quarter. KBC Group NV boosted its stake in Xenia Hotels & Resorts by 67.1% in the 4th quarter. KBC Group NV now owns 6,365 shares of the real estate investment trust's stock worth $95,000 after buying an additional 2,557 shares during the last quarter. Finally, IFP Advisors Inc boosted its position in shares of Xenia Hotels & Resorts by 16.5% in the fourth quarter. IFP Advisors Inc now owns 8,817 shares of the real estate investment trust's stock worth $131,000 after acquiring an additional 1,250 shares during the last quarter. 92.43% of the stock is currently owned by institutional investors and hedge funds.

Xenia Hotels & Resorts Stock Down 8.3 %

Shares of XHR traded down $0.88 during trading on Thursday, reaching $9.66. The company's stock had a trading volume of 421,216 shares, compared to its average volume of 790,972. The company has a market cap of $979.87 million, a price-to-earnings ratio of 42.01 and a beta of 1.38. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 1.07. The company has a fifty day moving average of $12.90 and a two-hundred day moving average of $14.31. Xenia Hotels & Resorts, Inc. has a twelve month low of $8.55 and a twelve month high of $16.50.

Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) last issued its earnings results 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 net margin of 2.37% and a return on equity of 1.86%. The business had revenue of $261.80 million for the quarter, compared to analyst estimates of $263.47 million. During the same quarter in the prior year, the business posted $0.41 EPS. The company's revenue for the quarter was up 3.3% on a year-over-year basis. On average, sell-side analysts predict that Xenia Hotels & Resorts, Inc. will post 1.46 EPS for the current fiscal year.

Xenia Hotels & Resorts Increases Dividend

The firm 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 dividend on an annualized basis and a yield of 5.80%. 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 is presently 373.33%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. KeyCorp lowered their price objective on shares of Xenia Hotels & Resorts from $17.00 to $16.00 and set an "overweight" rating for the company in a research note on Monday, March 24th. StockNews.com downgraded Xenia Hotels & Resorts from a "hold" rating to a "sell" rating in a report on Wednesday, April 2nd. Wells Fargo & Company decreased their price target on Xenia Hotels & Resorts from $18.00 to $17.00 and set an "overweight" rating for the company in a report on Tuesday, February 18th. Finally, Jefferies Financial Group cut shares of Xenia Hotels & Resorts from a "buy" rating to a "hold" rating and reduced their target price for the stock from $18.00 to $10.00 in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $14.63.

Xenia Hotels & Resorts Company 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.