Xenia Hotels & Resorts (NYSE:XHR) Hits New 52-Week High – Here’s What Happened

Shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) hit a new 52-week high on Tuesday . The stock traded as high as $17.23 and last traded at $17.21, with a volume of 250842 shares trading hands. The stock had previously closed at $16.82.

Analyst Ratings Changes

XHR has been the subject of a number of analyst reports. Weiss Ratings raised Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 4th. BMO Capital Markets reissued an “outperform” rating and issued a $19.00 price target on shares of Xenia Hotels & Resorts in a report on Monday, May 4th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $17.33.

Xenia Hotels & Resorts Stock Up 0.8%

The stock has a market capitalization of $1.62 billion, a price-to-earnings ratio of 25.11 and a beta of 1.17. The firm’s fifty day moving average is $15.90 and its 200-day moving average is $15.14. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.05 and a quick ratio of 2.05.

Xenia Hotels & Resorts (NYSE:XHR) last posted its quarterly earnings results on Friday, May 1st. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.03. The firm had revenue of $295.41 million for the quarter, compared to analysts’ expectations of $291.33 million. Xenia Hotels & Resorts had a net margin of 6.20% and a return on equity of 5.53%. The firm’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.51 earnings per share. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. On average, sell-side analysts predict that Xenia Hotels & Resorts, Inc. will post 1.81 earnings per share for the current year.

Xenia Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.56 annualized dividend and a yield of 3.2%. Xenia Hotels & Resorts’s dividend payout ratio is currently 80.00%.

Insider Transactions at Xenia Hotels & Resorts

In related news, insider Atish Shah sold 120,000 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $17.00, for a total value of $2,040,000.00. Following the sale, the insider directly owned 250,805 shares of the company’s stock, valued at $4,263,685. This represents a 32.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 4.40% of the stock is owned by corporate insiders.

Institutional Trading of Xenia Hotels & Resorts

A number of institutional investors and hedge funds have recently modified their holdings of the business. Illinois Municipal Retirement Fund raised its holdings in shares of Xenia Hotels & Resorts by 1.5% during the fourth quarter. Illinois Municipal Retirement Fund now owns 51,703 shares of the real estate investment trust’s stock worth $731,000 after purchasing an additional 761 shares during the period. Deutsche Bank AG lifted its holdings in shares of Xenia Hotels & Resorts by 0.6% in the 4th quarter. Deutsche Bank AG now owns 131,208 shares of the real estate investment trust’s stock worth $1,855,000 after purchasing an additional 803 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Xenia Hotels & Resorts by 0.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 97,098 shares of the real estate investment trust’s stock worth $1,373,000 after purchasing an additional 875 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Xenia Hotels & Resorts by 3.3% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 31,639 shares of the real estate investment trust’s stock worth $447,000 after purchasing an additional 1,004 shares during the last quarter. Finally, CWM LLC lifted its holdings in shares of Xenia Hotels & Resorts by 5.1% in the 4th quarter. CWM LLC now owns 21,491 shares of the real estate investment trust’s stock worth $304,000 after purchasing an additional 1,049 shares during the last quarter. 92.43% of the stock is owned by institutional investors and hedge funds.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts is a self-administered real estate investment trust (REIT) that specializes in owning, operating and acquiring premium full-service hotels across the United States. The company’s portfolio emphasizes upper-upscale and luxury properties, partnering with leading hotel brands to deliver a distinctive guest experience while targeting markets with strong leisure and corporate demand.

Founded as a spin-off from Marriott International in September 2016, Xenia has built a diversified collection of full-service hotels and resorts in key U.S.