Principal Financial Group Inc. increased its holdings in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR – Free Report) by 26.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 572,164 shares of the real estate investment trust’s stock after acquiring an additional 120,077 shares during the period. Principal Financial Group Inc. owned about 0.62% of Xenia Hotels & Resorts worth $8,485,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Transamerica Financial Advisors LLC boosted its stake in shares of Xenia Hotels & Resorts by 459.8% in 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 in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Xenia Hotels & Resorts during the fourth quarter worth $33,000. Harbor Capital Advisors Inc. raised its holdings in shares of Xenia Hotels & Resorts by 152.3% in 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 buying an additional 1,821 shares during the last quarter. Mcguire Capital Advisors Inc. acquired a new stake in Xenia Hotels & Resorts in the 4th quarter valued at about $55,000. Finally, Hantz Financial Services Inc. lifted its position in shares of Xenia Hotels & Resorts by 42.4% during the fourth quarter. Hantz Financial Services Inc. now owns 5,730 shares of the real estate investment trust’s stock worth $81,000 after purchasing an additional 1,707 shares in the last quarter. 92.43% of the stock is currently owned by institutional investors.
Insider Transactions at Xenia Hotels & Resorts
In other news, insider Atish Shah sold 120,000 shares of Xenia Hotels & Resorts stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $17.00, for a total transaction of $2,040,000.00. Following the completion of the sale, the insider owned 250,805 shares of the company’s stock, valued at approximately $4,263,685. This trade represents a 32.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 4.40% of the stock is owned by company insiders.
Xenia Hotels & Resorts Trading Down 0.0%
Xenia Hotels & Resorts (NYSE:XHR – Get Free Report) last released its quarterly earnings data on Friday, May 1st. The real estate investment trust reported $0.21 earnings per share 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 analyst estimates of $291.33 million. During the same period in the previous year, the business earned $0.51 EPS. Xenia Hotels & Resorts’s revenue for the quarter was up 2.2% compared to the same quarter last year. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. Equities research analysts predict that Xenia Hotels & Resorts, Inc. will post 1.81 earnings per share for the current fiscal year.
Xenia Hotels & Resorts Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a $0.14 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.56 annualized dividend and a dividend yield of 2.6%. Xenia Hotels & Resorts’s dividend payout ratio is presently 80.00%.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on XHR. BMO Capital Markets reaffirmed an “outperform” rating and set a $21.00 price target on shares of Xenia Hotels & Resorts in a research note on Friday, June 12th. Wells Fargo & Company upped their price objective on Xenia Hotels & Resorts from $18.00 to $22.00 and gave the company an “overweight” rating in a report on Thursday. KeyCorp lifted their price objective 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. Finally, Weiss Ratings raised shares of Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. Based on data from MarketBeat, Xenia Hotels & Resorts currently has an average rating of “Buy” and a consensus price target of $20.25.
Xenia Hotels & Resorts 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.
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