Xenia Hotels & Resorts, Inc. (NYSE:XHR) Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP reduced its position in Xenia Hotels & Resorts, Inc. (NYSE:XHR - Free Report) by 2.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,447,742 shares of the real estate investment trust's stock after selling 258,027 shares during the quarter. Wellington Management Group LLP owned about 9.32% of Xenia Hotels & Resorts worth $140,393,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Xenia Hotels & Resorts by 370.5% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 718,961 shares of the real estate investment trust's stock worth $10,619,000 after acquiring an additional 566,144 shares during the last quarter. State Street Corp grew its holdings in shares of Xenia Hotels & Resorts by 1.8% during the third quarter. State Street Corp now owns 6,152,028 shares of the real estate investment trust's stock valued at $91,597,000 after buying an additional 108,798 shares during the last quarter. MML Investors Services LLC grew its holdings in shares of Xenia Hotels & Resorts by 12.0% during the third quarter. MML Investors Services LLC now owns 12,451 shares of the real estate investment trust's stock valued at $184,000 after buying an additional 1,338 shares during the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Xenia Hotels & Resorts by 0.4% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 255,662 shares of the real estate investment trust's stock valued at $3,776,000 after acquiring an additional 962 shares during the period. Finally, Barclays PLC lifted its position in Xenia Hotels & Resorts by 295.7% during the 3rd quarter. Barclays PLC now owns 173,062 shares of the real estate investment trust's stock worth $2,555,000 after acquiring an additional 129,328 shares during the period. 92.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

XHR has been the topic of a number of recent research reports. KeyCorp dropped their target price on Xenia Hotels & Resorts from $17.00 to $16.00 and set an "overweight" rating on the stock in a research report on Monday, March 24th. Wells Fargo & Company reduced their target price on shares of Xenia Hotels & Resorts from $18.00 to $17.00 and set an "overweight" rating for the company in a report on Tuesday, February 18th. StockNews.com lowered Xenia Hotels & Resorts from a "hold" rating to a "sell" rating in a research note on Wednesday, April 2nd. Finally, Jefferies Financial Group upped their target price on Xenia Hotels & Resorts from $18.00 to $20.00 and gave the stock a "buy" rating in a research note on Thursday, January 2nd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Xenia Hotels & Resorts presently has an average rating of "Hold" and an average price target of $17.13.

Xenia Hotels & Resorts Stock Performance

NYSE XHR traded up $0.20 during mid-day trading on Tuesday, reaching $9.71. 158,049 shares of the stock were exchanged, compared to its average volume of 806,805. Xenia Hotels & Resorts, Inc. has a 1 year low of $8.90 and a 1 year high of $16.50. The company has a debt-to-equity ratio of 1.07, a quick ratio of 2.20 and a current ratio of 2.20. The business's 50 day moving average is $13.31 and its 200-day moving average is $14.45. The company has a market capitalization of $984.94 million, a P/E ratio of 42.24 and a beta of 1.38.

Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) last posted its earnings results on Tuesday, February 25th. The real estate investment trust reported $0.39 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.34. The firm had revenue of $261.80 million for the quarter, compared to analysts' expectations 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 quarterly revenue was up 3.3% on a year-over-year basis. During the same period last year, the firm earned $0.41 EPS. On average, equities research analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.46 EPS for the current fiscal year.

Xenia Hotels & Resorts Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 5.77%. This is an increase from Xenia Hotels & Resorts's previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Monday, March 31st. Xenia Hotels & Resorts's dividend payout ratio is presently 373.33%.

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.