Koshinski Asset Management Inc. Lowers Stock Position in Xenia Hotels & Resorts, Inc. (NYSE:XHR)

Koshinski Asset Management Inc. cut its holdings in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 14.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 18,861 shares of the real estate investment trust’s stock after selling 3,105 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Xenia Hotels & Resorts were worth $280,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Geode Capital Management LLC boosted its stake in Xenia Hotels & Resorts by 2.3% during the third quarter. Geode Capital Management LLC now owns 2,649,168 shares of the real estate investment trust’s stock worth $39,135,000 after acquiring an additional 60,323 shares in the last quarter. Barclays PLC boosted its position in shares of Xenia Hotels & Resorts by 295.7% in 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. Charles Schwab Investment Management Inc. grew its stake in shares of Xenia Hotels & Resorts by 2.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,331,970 shares of the real estate investment trust’s stock worth $34,443,000 after buying an additional 59,212 shares during the last quarter. JPMorgan Chase & Co. increased its position in 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 valued at $24,555,000 after buying an additional 40,807 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in 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 valued at $10,619,000 after buying an additional 566,144 shares during the last quarter. 92.43% of the stock is currently owned by institutional investors.

Xenia Hotels & Resorts Trading Up 0.6 %

Shares of NYSE:XHR opened at $14.99 on Friday. Xenia Hotels & Resorts, Inc. has a 1 year low of $12.34 and a 1 year high of $16.50. The stock’s fifty day moving average price is $15.25 and its 200-day moving average price is $14.57. The company has a market cap of $1.53 billion, a P/E ratio of 65.16 and a beta of 1.51. The company has a debt-to-equity ratio of 1.07, a current ratio of 2.20 and a quick ratio of 2.20.

Xenia Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date was Tuesday, December 31st. Xenia Hotels & Resorts’s payout ratio is presently 208.70%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on XHR. Wells Fargo & Company increased their target price on Xenia Hotels & Resorts from $17.00 to $18.00 and gave the stock an “overweight” rating in a research note on Monday, December 9th. StockNews.com downgraded shares of Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Tuesday, January 7th. Finally, Jefferies Financial Group lifted their target price on shares of Xenia Hotels & Resorts from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Thursday, January 2nd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $17.63.

Xenia Hotels & Resorts 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.