Xenia Hotels & Resorts, Inc. (NYSE:XHR) Stock Holdings Trimmed by Fmr LLC

Fmr LLC lessened its position in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 15.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,176 shares of the real estate investment trust’s stock after selling 1,510 shares during the period. Fmr LLC’s holdings in Xenia Hotels & Resorts were worth $121,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Xenia Hotels & Resorts during the 2nd quarter valued at $234,000. Allspring Global Investments Holdings LLC acquired a new position in shares of Xenia Hotels & Resorts during the 2nd quarter worth $2,345,000. Signature Estate & Investment Advisors LLC acquired a new stake in Xenia Hotels & Resorts in the 2nd quarter worth approximately $167,000. Panagora Asset Management Inc. boosted its holdings in Xenia Hotels & Resorts by 27.4% during the second quarter. Panagora Asset Management Inc. now owns 676,160 shares of the real estate investment trust’s stock valued at $9,689,000 after acquiring an additional 145,527 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of Xenia Hotels & Resorts by 0.9% during the second quarter. Commonwealth Equity Services LLC now owns 195,455 shares of the real estate investment trust’s stock worth $2,801,000 after buying an additional 1,699 shares during the last quarter. Institutional investors own 92.43% of the company’s stock.

Xenia Hotels & Resorts Price Performance

Shares of XHR stock opened at $15.14 on Monday. The firm’s 50 day moving average price is $15.18 and its two-hundred day moving average price is $14.45. The stock has a market cap of $1.54 billion, a PE ratio of 65.83 and a beta of 1.52. 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, Inc. has a 52-week low of $12.34 and a 52-week high of $16.50.

Xenia Hotels & Resorts Dividend Announcement

The company 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 $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 3.17%. The ex-dividend date is Tuesday, December 31st. Xenia Hotels & Resorts’s payout ratio is presently 208.70%.

Analyst Upgrades and Downgrades

A number of analysts have commented on XHR shares. Wells Fargo & Company raised their price objective 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. StockNews.com cut Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Monday, November 11th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Xenia Hotels & Resorts presently has an average rating of “Hold” and a consensus target price of $17.13.

Xenia Hotels & Resorts Company Profile

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.