Xenia Hotels & Resorts Inc (XHR) Position Increased by Vident Investment Advisory LLC

Vident Investment Advisory LLC boosted its position in shares of Xenia Hotels & Resorts Inc (NYSE:XHR) by 72.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 130,972 shares of the real estate investment trust’s stock after purchasing an additional 55,238 shares during the quarter. Vident Investment Advisory LLC owned about 0.12% of Xenia Hotels & Resorts worth $2,757,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in XHR. Cornerstone Capital Management Holdings LLC. boosted its holdings in shares of Xenia Hotels & Resorts by 107.8% during the 3rd quarter. Cornerstone Capital Management Holdings LLC. now owns 114,868 shares of the real estate investment trust’s stock valued at $2,417,000 after acquiring an additional 59,600 shares during the last quarter. First Allied Advisory Services Inc. purchased a new stake in shares of Xenia Hotels & Resorts during the 3rd quarter valued at about $314,000. Allianz Asset Management GmbH purchased a new stake in shares of Xenia Hotels & Resorts during the 3rd quarter valued at about $215,000. Convergence Investment Partners LLC boosted its holdings in shares of Xenia Hotels & Resorts by 97.4% during the 3rd quarter. Convergence Investment Partners LLC now owns 160,666 shares of the real estate investment trust’s stock valued at $3,382,000 after acquiring an additional 79,290 shares during the last quarter. Finally, Stifel Financial Corp purchased a new stake in shares of Xenia Hotels & Resorts during the 3rd quarter valued at about $784,000. 68.60% of the stock is currently owned by institutional investors.

Xenia Hotels & Resorts Inc (NYSE XHR) remained flat at $$21.46 on Tuesday. The company had a trading volume of 354,600 shares, compared to its average volume of 515,021. The company has a quick ratio of 6.86, a current ratio of 6.86 and a debt-to-equity ratio of 0.78. The company has a market cap of $2,290.43, a PE ratio of 10.32, a P/E/G ratio of 2.24 and a beta of 0.80. Xenia Hotels & Resorts Inc has a fifty-two week low of $16.21 and a fifty-two week high of $22.30.

Xenia Hotels & Resorts (NYSE:XHR) last posted its quarterly earnings data on Tuesday, November 7th. The real estate investment trust reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.38. The company had revenue of $223.28 million for the quarter, compared to the consensus estimate of $219.67 million. Xenia Hotels & Resorts had a net margin of 15.23% and a return on equity of 8.34%. The firm’s revenue was down 4.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.57 earnings per share. analysts forecast that Xenia Hotels & Resorts Inc will post 1.92 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 29th will be issued a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 5.13%. The ex-dividend date is Thursday, December 28th. Xenia Hotels & Resorts’s payout ratio is 86.61%.

A number of analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Xenia Hotels & Resorts from a “hold” rating to a “buy” rating and set a $22.00 price target on the stock in a report on Friday, September 8th. ValuEngine raised shares of Xenia Hotels & Resorts from a “buy” rating to a “strong-buy” rating in a report on Friday, October 6th. TheStreet downgraded shares of Xenia Hotels & Resorts from a “b-” rating to a “c+” rating in a report on Tuesday, September 26th. B. Riley reaffirmed a “hold” rating and set a $23.00 price target on shares of Xenia Hotels & Resorts in a report on Thursday, November 9th. Finally, FBR & Co assumed coverage on shares of Xenia Hotels & Resorts in a report on Friday, October 27th. They set a “neutral” rating and a $23.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $21.86.

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Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc (Xenia) is a self-advised and self-administered real estate investment trust (REIT). The Company invests in premium full service, lifestyle and urban upscale hotels, with a focus on var ious markets, as well as leisure destinations in the United States. As of October 4, 2017, the Company owned 39 hotels, 37 of which are completely owned, comprising 11,533 rooms, across 18 states and the District of Columbia, including a majority interest in two hotels owned through two investments in real estate entities.

Institutional Ownership by Quarter for Xenia Hotels & Resorts (NYSE:XHR)

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