Xenia Hotels & Resorts, Inc. (NYSE:XHR) Receives Consensus Rating of “Hold” from Analysts

Shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) have received a consensus rating of “Hold” from the six brokerages that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $15.30.

XHR has been the subject of several research analyst reports. Wells Fargo & Company raised Xenia Hotels & Resorts from an “equal weight” rating to an “overweight” rating and decreased their price objective for the company from $16.00 to $15.00 in a report on Friday, September 13th. B. Riley reduced their price objective on Xenia Hotels & Resorts from $17.00 to $15.50 and set a “neutral” rating for the company in a research note on Wednesday, August 7th.

Xenia Hotels & Resorts Price Performance

Shares of XHR opened at $14.74 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 2.26 and a quick ratio of 2.26. Xenia Hotels & Resorts has a 1-year low of $10.92 and a 1-year high of $15.84. The stock has a market cap of $1.50 billion, a PE ratio of 77.58 and a beta of 1.51. The firm has a fifty day moving average price of $13.84 and a 200 day moving average price of $14.25.

Xenia Hotels & Resorts (NYSE:XHR) last posted its earnings results on Thursday, August 1st. The real estate investment trust reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.30). The firm had revenue of $272.90 million for the quarter, compared to analyst estimates of $275.66 million. Xenia Hotels & Resorts had a return on equity of 1.72% and a net margin of 2.24%. The firm’s revenue for the quarter was up .7% on a year-over-year basis. During the same quarter last year, the firm posted $0.47 EPS. As a group, sell-side analysts anticipate that Xenia Hotels & Resorts will post 1.54 EPS for the current year.

Xenia Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 3.26%. The ex-dividend date of this dividend is Monday, September 30th. Xenia Hotels & Resorts’s payout ratio is currently 252.64%.

Hedge Funds Weigh In On Xenia Hotels & Resorts

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Meeder Asset Management Inc. purchased a new position in shares of Xenia Hotels & Resorts in the second quarter valued at $25,000. VitalStone Financial LLC raised its position in Xenia Hotels & Resorts by 54.4% during the fourth quarter. VitalStone Financial LLC now owns 2,482 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 875 shares during the last quarter. EntryPoint Capital LLC purchased a new stake in shares of Xenia Hotels & Resorts in the first quarter valued at about $135,000. Algert Global LLC acquired a new stake in shares of Xenia Hotels & Resorts in the second quarter valued at approximately $147,000. Finally, O Shaughnessy Asset Management LLC purchased a new position in shares of Xenia Hotels & Resorts during the 1st quarter worth approximately $164,000. 92.43% of the stock is owned by institutional investors and hedge funds.

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.