Xenia Hotels & Resorts, Inc. (NYSE:XHR) Holdings Raised by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans grew its stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR - Free Report) by 47.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 198,545 shares of the real estate investment trust's stock after purchasing an additional 63,490 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.19% of Xenia Hotels & Resorts worth $2,933,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Meeder Asset Management Inc. bought a new stake in Xenia Hotels & Resorts in the second quarter valued at about $25,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Xenia Hotels & Resorts by 34.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,958 shares of the real estate investment trust's stock valued at $60,000 after acquiring an additional 1,023 shares during the last quarter. International Assets Investment Management LLC raised its position in shares of Xenia Hotels & Resorts by 2,559.7% during the 3rd quarter. International Assets Investment Management LLC now owns 9,761 shares of the real estate investment trust's stock valued at $144,000 after acquiring an additional 9,394 shares in the last quarter. Algert Global LLC bought a new position in Xenia Hotels & Resorts during the second quarter worth $147,000. Finally, Metis Global Partners LLC acquired a new position in Xenia Hotels & Resorts in the third quarter worth $155,000. Institutional investors own 92.43% of the company's stock.

Analyst Ratings Changes

A number of analysts have weighed in on XHR shares. StockNews.com cut shares of Xenia Hotels & Resorts from a "hold" rating to a "sell" rating in a report on Monday, November 11th. Wells Fargo & Company upgraded shares of Xenia Hotels & Resorts from an "equal weight" rating to an "overweight" rating and dropped their price objective for the stock from $16.00 to $15.00 in a research note on Friday, September 13th. Finally, B. Riley decreased their target price on Xenia Hotels & Resorts from $17.00 to $15.50 and set a "neutral" rating for the company in a research note on Wednesday, August 7th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Xenia Hotels & Resorts currently has a consensus rating of "Hold" and an average target price of $16.38.

Xenia Hotels & Resorts Stock Down 1.0 %

Xenia Hotels & Resorts stock opened at $15.53 on Wednesday. The firm has a market capitalization of $1.58 billion, a P/E ratio of 67.50 and a beta of 1.51. The company has a 50-day simple moving average of $14.85 and a 200-day simple moving average of $14.28. Xenia Hotels & Resorts, Inc. has a one year low of $12.05 and a one year high of $15.84. The company has a debt-to-equity ratio of 1.07, a quick ratio of 2.20 and a current ratio of 2.20.

Xenia Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.48 annualized dividend and a dividend yield of 3.09%. Xenia Hotels & Resorts's payout ratio is currently 208.70%.

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.