Xenia Hotels & Resorts (NYSE:XHR) Reaches New 52-Week High – Still a Buy?

Xenia Hotels & Resorts, Inc. (NYSE:XHR) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $20.83 and last traded at $20.8140, with a volume of 51588 shares traded. The stock had previously closed at $20.28.

Analysts Set New Price Targets

Several research firms have commented on XHR. KeyCorp lifted their price target on shares of Xenia Hotels & Resorts from $16.00 to $21.00 and gave the stock an “overweight” rating in a research note on Thursday, June 11th. Weiss Ratings raised shares of Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. Wells Fargo & Company lifted their target price on shares of Xenia Hotels & Resorts from $16.00 to $18.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Finally, BMO Capital Markets restated an “outperform” rating and set a $21.00 price target on shares of Xenia Hotels & Resorts in a research report on Friday, June 12th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $19.25.

Xenia Hotels & Resorts Stock Performance

The company has a debt-to-equity ratio of 1.14, a current ratio of 2.05 and a quick ratio of 2.05. The stock has a market cap of $1.90 billion, a PE ratio of 29.49 and a beta of 1.14. The business has a 50 day moving average price of $18.56 and a two-hundred day moving average price of $16.39.

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

Xenia Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a $0.14 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.7%. Xenia Hotels & Resorts’s payout ratio is presently 80.00%.

Insider Activity at Xenia Hotels & Resorts

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of XHR. Transamerica Financial Advisors LLC raised its position in Xenia Hotels & Resorts by 459.8% during the 4th quarter. Transamerica Financial Advisors LLC now owns 1,948 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 1,600 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Xenia Hotels & Resorts during the fourth quarter valued at approximately $33,000. Harbor Capital Advisors Inc. raised its holdings in shares of Xenia Hotels & Resorts by 152.3% during the fourth quarter. Harbor Capital Advisors Inc. now owns 3,017 shares of the real estate investment trust’s stock valued at $43,000 after acquiring an additional 1,821 shares in the last quarter. Mcguire Capital Advisors Inc. purchased a new stake in Xenia Hotels & Resorts in the fourth quarter worth $55,000. Finally, Hantz Financial Services Inc. lifted its stake in Xenia Hotels & Resorts by 42.4% in the fourth quarter. Hantz Financial Services Inc. now owns 5,730 shares of the real estate investment trust’s stock worth $81,000 after acquiring an additional 1,707 shares during the period. Hedge funds and other institutional investors own 92.43% of the company’s stock.

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.