Xenia Hotels & Resorts (NYSE:XHR) Sets New 52-Week High – Here’s Why

Xenia Hotels & Resorts, Inc. (NYSE:XHRGet Free Report)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $16.48 and last traded at $16.4390, with a volume of 335848 shares. The stock had previously closed at $16.25.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Robert W. Baird set a $17.00 price objective on shares of Xenia Hotels & Resorts in a research note on Monday, January 12th. Weiss Ratings lowered shares of Xenia Hotels & Resorts from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Xenia Hotels & Resorts has a consensus rating of “Moderate Buy” and an average target price of $16.33.

View Our Latest Stock Report on Xenia Hotels & Resorts

Xenia Hotels & Resorts Price Performance

The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of 24.90 and a beta of 1.16. The company has a current ratio of 2.67, a quick ratio of 2.67 and a debt-to-equity ratio of 1.20. The stock has a 50-day simple moving average of $15.28 and a 200 day simple moving average of $14.50.

Xenia Hotels & Resorts (NYSE:XHRGet Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.41. Xenia Hotels & Resorts had a return on equity of 5.13% and a net margin of 5.85%.The firm had revenue of $265.58 million during the quarter, compared to analyst estimates of $264.77 million. During the same period last year, the company posted $0.39 EPS. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.78-1.990 EPS.

Xenia Hotels & Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a dividend of $0.14 per share. The ex-dividend date was Tuesday, March 31st. This represents a $0.56 dividend on an annualized basis and a yield of 3.5%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is presently 87.50%.

Insider Activity

In other news, insider Barry A. N. Bloom sold 151,909 shares of Xenia Hotels & Resorts stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $15.73, for a total transaction of $2,389,528.57. Following the completion of the sale, the insider directly owned 15,233 shares in the company, valued at $239,615.09. The trade was a 90.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 4.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Xenia Hotels & Resorts

Several institutional investors have recently made changes to their positions in XHR. Royal Bank of Canada lifted its holdings in shares of Xenia Hotels & Resorts by 18.9% during the 1st quarter. Royal Bank of Canada now owns 31,100 shares of the real estate investment trust’s stock valued at $366,000 after buying an additional 4,950 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Xenia Hotels & Resorts by 75.0% during the 1st quarter. AQR Capital Management LLC now owns 39,894 shares of the real estate investment trust’s stock valued at $469,000 after buying an additional 17,097 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Xenia Hotels & Resorts by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,617 shares of the real estate investment trust’s stock valued at $713,000 after buying an additional 2,633 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of Xenia Hotels & Resorts by 85.0% during the 1st quarter. Jane Street Group LLC now owns 93,661 shares of the real estate investment trust’s stock valued at $1,101,000 after buying an additional 43,026 shares during the last quarter. Finally, Creative Planning acquired a new stake in shares of Xenia Hotels & Resorts during the 2nd quarter valued at about $230,000. 92.43% of the stock is currently owned by institutional investors and hedge funds.

About Xenia Hotels & Resorts

(Get Free Report)

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.

Further Reading

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