Legal & General Group Plc Has $9.57 Million Holdings in Xenia Hotels & Resorts Inc (XHR)

Legal & General Group Plc decreased its position in shares of Xenia Hotels & Resorts Inc (NYSE:XHR) by 1.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 392,711 shares of the real estate investment trust’s stock after selling 4,084 shares during the quarter. Legal & General Group Plc owned about 0.35% of Xenia Hotels & Resorts worth $9,567,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Lincoln National Corp bought a new position in Xenia Hotels & Resorts during the 2nd quarter worth approximately $209,000. Campbell & CO Investment Adviser LLC bought a new position in Xenia Hotels & Resorts during the 2nd quarter worth approximately $214,000. Sheaff Brock Investment Advisors LLC bought a new position in Xenia Hotels & Resorts during the 2nd quarter worth approximately $215,000. Evanson Asset Management LLC bought a new position in Xenia Hotels & Resorts during the 2nd quarter worth approximately $219,000. Finally, Independent Advisor Alliance bought a new position in Xenia Hotels & Resorts during the 2nd quarter worth approximately $232,000. Hedge funds and other institutional investors own 76.31% of the company’s stock.

Several research analysts have issued reports on XHR shares. Jefferies Financial Group began coverage on shares of Xenia Hotels & Resorts in a report on Thursday, May 31st. They set a “buy” rating and a $29.00 price target for the company. Zacks Investment Research upgraded shares of Xenia Hotels & Resorts from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a research note on Wednesday, May 23rd. ValuEngine upgraded shares of Xenia Hotels & Resorts from a “hold” rating to a “buy” rating in a research note on Monday, July 2nd. Morgan Stanley lifted their price objective on shares of Xenia Hotels & Resorts from $21.00 to $22.00 and gave the company an “equal weight” rating in a research note on Friday, August 3rd. Finally, Wells Fargo & Co lowered their price objective on shares of Xenia Hotels & Resorts from $26.00 to $25.00 and set a “market perform” rating for the company in a research note on Tuesday, August 28th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $25.29.



NYSE:XHR opened at $23.97 on Friday. The firm has a market capitalization of $2.66 billion, a PE ratio of 11.64, a P/E/G ratio of 1.88 and a beta of 0.89. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.45 and a quick ratio of 3.45. Xenia Hotels & Resorts Inc has a twelve month low of $19.08 and a twelve month high of $25.90.

Xenia Hotels & Resorts (NYSE:XHR) last released its quarterly earnings data on Thursday, August 2nd. The real estate investment trust reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.63 by ($0.37). The company had revenue of $277.10 million during the quarter, compared to the consensus estimate of $272.14 million. Xenia Hotels & Resorts had a net margin of 10.33% and a return on equity of 6.23%. The business’s revenue was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.59 EPS. analysts forecast that Xenia Hotels & Resorts Inc will post 2.11 EPS for the current fiscal year.

About Xenia Hotels & Resorts

Xenia Hotels & Resorts, Inc is a self-advised and self-administered REIT that invests primarily in premium full service and lifestyle hotels, with a focus on the top 25 U.S. lodging markets as well as key leisure destinations in the United States. The Company owns 38 hotels, including 36 wholly owned hotels, comprising 10,852 rooms, across 17 states and the District of Columbia.

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Institutional Ownership by Quarter for Xenia Hotels & Resorts (NYSE:XHR)

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