Xenia Hotels & Resorts, Inc. (NYSE:XHR) Shares Sold by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC lessened its holdings in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 6.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,014 shares of the real estate investment trust’s stock after selling 1,475 shares during the quarter. Arete Wealth Advisors LLC’s holdings in Xenia Hotels & Resorts were worth $300,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in XHR. Geode Capital Management LLC boosted its stake in shares of Xenia Hotels & Resorts by 2.3% in the third quarter. Geode Capital Management LLC now owns 2,649,168 shares of the real estate investment trust’s stock valued at $39,135,000 after buying an additional 60,323 shares in the last quarter. Barclays PLC boosted its position in shares of 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 purchasing an additional 129,328 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Xenia Hotels & Resorts by 2.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,662,495 shares of the real estate investment trust’s stock worth $24,555,000 after purchasing an additional 40,807 shares in the last quarter. 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 3rd 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 purchasing an additional 566,144 shares during the period. Finally, Smartleaf Asset Management LLC increased its holdings in shares of 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 valued at $30,000 after purchasing an additional 1,657 shares in the last quarter. Hedge funds and other institutional investors own 92.43% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on XHR shares. Wells Fargo & Company reduced their price target on shares of Xenia Hotels & Resorts from $18.00 to $17.00 and set an “overweight” rating for the company in a research report on Tuesday, February 18th. StockNews.com downgraded Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Wednesday, April 2nd. KeyCorp dropped their price target on Xenia Hotels & Resorts from $17.00 to $16.00 and set an “overweight” rating for the company in a research report on Monday, March 24th. Finally, 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. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $17.13.

Xenia Hotels & Resorts Stock Performance

Xenia Hotels & Resorts stock opened at $9.82 on Monday. Xenia Hotels & Resorts, Inc. has a fifty-two week low of $9.64 and a fifty-two week high of $16.50. The company has a market capitalization of $994.78 million, a price-to-earnings ratio of 42.68 and a beta of 1.38. The stock has a fifty day moving average of $13.42 and a two-hundred day moving average of $14.49. 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 (NYSE:XHR) last posted its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.34. The firm had revenue of $261.80 million during 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 firm’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.41 EPS. On average, analysts anticipate 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. The ex-dividend date is Monday, March 31st. This is an increase from Xenia Hotels & Resorts’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a yield of 5.71%. Xenia Hotels & Resorts’s payout ratio is 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.