37,546 Shares in Xenia Hotels & Resorts, Inc. $XHR Purchased by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company bought a new stake in Xenia Hotels & Resorts, Inc. (NYSE:XHR) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 37,546 shares of the real estate investment trust’s stock, valued at approximately $764,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. BlackRock Inc. purchased a new position in Xenia Hotels & Resorts during the 2nd quarter worth approximately $348,760,000. Wellington Management Group LLP boosted its holdings in shares of Xenia Hotels & Resorts by 3.1% in the 3rd quarter. Wellington Management Group LLP now owns 9,044,142 shares of the real estate investment trust’s stock valued at $124,086,000 after acquiring an additional 273,876 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Xenia Hotels & Resorts by 30.6% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,704,360 shares of the real estate investment trust’s stock valued at $37,104,000 after acquiring an additional 633,820 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Xenia Hotels & Resorts by 2.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,345,600 shares of the real estate investment trust’s stock worth $33,167,000 after acquiring an additional 49,979 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Xenia Hotels & Resorts by 2.4% in the third quarter. Dimensional Fund Advisors LP now owns 1,374,459 shares of the real estate investment trust’s stock worth $18,859,000 after acquiring an additional 32,635 shares during the period. Institutional investors and hedge funds own 92.43% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on XHR shares. Wells Fargo & Company raised their target price on shares of Xenia Hotels & Resorts from $18.00 to $22.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Weiss Ratings lowered shares of Xenia Hotels & Resorts from a “hold (c+)” rating to a “hold (c-)” rating in a report on Thursday, August 13th. KeyCorp increased their price target on Xenia Hotels & Resorts from $16.00 to $21.00 and gave the stock an “overweight” rating in a research report on Thursday, June 11th. Finally, BMO Capital Markets lowered Xenia Hotels & Resorts from an “outperform” rating to a “market perform” rating and reduced their price objective for the company from $22.00 to $20.50 in a research note on Tuesday. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Xenia Hotels & Resorts has an average rating of “Moderate Buy” and an average target price of $20.12.

Xenia Hotels & Resorts Price Performance

NYSE:XHR opened at $17.99 on Friday. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.47 and a quick ratio of 2.47. The company has a 50 day moving average price of $19.95 and a 200-day moving average price of $17.69. Xenia Hotels & Resorts, Inc. has a 1-year low of $11.75 and a 1-year high of $22.06. The firm has a market cap of $1.66 billion, a price-to-earnings ratio of -256.96 and a beta of 1.14.

Xenia Hotels & Resorts (NYSE:XHR) last released its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.37. The company had revenue of $295.49 million during the quarter, compared to analysts’ expectations of $302.39 million. Xenia Hotels & Resorts had a negative net margin of 0.66% and a negative return on equity of 0.61%. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.57 earnings per share. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.960-2.080 EPS. Equities research analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.89 EPS for the current year.

About Xenia Hotels & Resorts

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.