Xenia Hotels & Resorts (NYSE:XHR) Sets New 1-Year Low - Should You Sell?

Shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR - Get Free Report) reached a new 52-week low during trading on Thursday . The stock traded as low as $12.28 and last traded at $12.29, with a volume of 812889 shares changing hands. The stock had previously closed at $12.78.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on XHR. StockNews.com raised shares of Xenia Hotels & Resorts from a "sell" rating to a "hold" rating in a research note on Thursday, February 27th. Jefferies Financial Group boosted their price objective on shares of Xenia Hotels & Resorts from $18.00 to $20.00 and gave the stock a "buy" rating in a research report on Thursday, January 2nd. Finally, Wells Fargo & Company decreased 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. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $17.38.

Xenia Hotels & Resorts Price Performance

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 firm has a market cap of $1.28 billion, a price-to-earnings ratio of 54.81 and a beta of 1.47. The business's 50-day moving average price is $14.26 and its two-hundred day moving average price is $14.66.

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Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) last released its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $0.39 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $263.47 million. During the same quarter last year, the company earned $0.41 earnings per share. The business's quarterly revenue was up 3.3% compared to the same quarter last year. On average, research analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.46 EPS for the current fiscal year.

Xenia Hotels & Resorts Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $0.14 per share. The ex-dividend date is Monday, March 31st. This is a boost from Xenia Hotels & Resorts's previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a yield of 4.44%. Xenia Hotels & Resorts's dividend payout ratio (DPR) is 373.33%.

Hedge Funds Weigh In On Xenia Hotels & Resorts

Large investors have recently added to or reduced their stakes in the company. GF Fund Management CO. LTD. bought a new position in Xenia Hotels & Resorts during the fourth quarter worth $28,000. Loomis Sayles & Co. L P lifted its stake in Xenia Hotels & Resorts by 3,146.0% during the third quarter. Loomis Sayles & Co. L P now owns 2,045 shares of the real estate investment trust's stock worth $30,000 after purchasing an additional 1,982 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in Xenia Hotels & Resorts by 500.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,988 shares of the real estate investment trust's stock valued at $30,000 after buying an additional 1,657 shares during the last quarter. Creekmur Asset Management LLC acquired a new position in shares of Xenia Hotels & Resorts during the fourth quarter valued at $30,000. Finally, Fifth Third Bancorp boosted its holdings in shares of Xenia Hotels & Resorts by 2,492.9% during the fourth quarter. Fifth Third Bancorp now owns 2,541 shares of the real estate investment trust's stock valued at $38,000 after acquiring an additional 2,443 shares during the period. 92.43% of the stock is currently owned by institutional investors.

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.