Xenia Hotels & Resorts, Inc. (NYSE:XHR) Shares Acquired by Barclays PLC

Barclays PLC boosted its position in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 295.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 173,062 shares of the real estate investment trust’s stock after purchasing an additional 129,328 shares during the period. Barclays PLC’s holdings in Xenia Hotels & Resorts were worth $2,555,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio raised its stake 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 worth $3,776,000 after buying an additional 962 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in Xenia Hotels & Resorts by 34.9% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,958 shares of the real estate investment trust’s stock worth $60,000 after acquiring an additional 1,023 shares in the last quarter. MML Investors Services LLC lifted its holdings in Xenia Hotels & Resorts by 12.0% in the 3rd quarter. MML Investors Services LLC now owns 12,451 shares of the real estate investment trust’s stock valued at $184,000 after acquiring an additional 1,338 shares during the last quarter. Daiwa Securities Group Inc. boosted its position in shares of Xenia Hotels & Resorts by 4.4% during the 3rd quarter. Daiwa Securities Group Inc. now owns 33,728 shares of the real estate investment trust’s stock valued at $498,000 after purchasing an additional 1,415 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in shares of Xenia Hotels & Resorts by 0.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 195,455 shares of the real estate investment trust’s stock worth $2,801,000 after purchasing an additional 1,699 shares during the last quarter. 92.43% of the stock is owned by institutional investors.

Xenia Hotels & Resorts Price Performance

NYSE XHR opened at $15.22 on Wednesday. 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 capitalization of $1.55 billion, a price-to-earnings ratio of 66.18 and a beta of 1.52. The company has a 50 day simple moving average of $15.18 and a 200-day simple moving average of $14.46. Xenia Hotels & Resorts, Inc. has a 52-week low of $12.34 and a 52-week high of $16.50.

Xenia Hotels & Resorts Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date of this dividend is Tuesday, December 31st. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is currently 208.70%.

Analyst Upgrades and Downgrades

XHR has been the subject of a number of research reports. 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 boosted their target price on Xenia Hotels & Resorts from $17.00 to $18.00 and gave the stock an “overweight” rating in a research report on Monday, December 9th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $17.13.

About Xenia Hotels & Resorts

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.