9,021 Shares in Xenia Hotels & Resorts, Inc. (NYSE:XHR) Purchased by EntryPoint Capital LLC

EntryPoint Capital LLC purchased a new position in Xenia Hotels & Resorts, Inc. (NYSE:XHR) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 9,021 shares of the real estate investment trust’s stock, valued at approximately $135,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. VitalStone Financial LLC increased its position in Xenia Hotels & Resorts by 54.4% during the 4th quarter. VitalStone Financial LLC now owns 2,482 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 875 shares during the period. Principal Securities Inc. purchased a new position in Xenia Hotels & Resorts during the 4th quarter valued at about $64,000. International Assets Investment Management LLC increased its position in Xenia Hotels & Resorts by 1,274.0% during the 4th quarter. International Assets Investment Management LLC now owns 4,919 shares of the real estate investment trust’s stock valued at $67,000 after purchasing an additional 4,561 shares during the period. Tennessee Valley Asset Management Partners purchased a new position in Xenia Hotels & Resorts during the 4th quarter valued at about $74,000. Finally, O Shaughnessy Asset Management LLC purchased a new position in Xenia Hotels & Resorts during the 1st quarter valued at about $164,000. Hedge funds and other institutional investors own 92.43% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on XHR shares. StockNews.com raised shares of Xenia Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Friday, May 3rd. KeyCorp raised their target price on shares of Xenia Hotels & Resorts from $15.00 to $17.00 and gave the company an “overweight” rating in a research report on Friday, April 5th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $15.70.

Xenia Hotels & Resorts Stock Up 2.6 %

Shares of NYSE:XHR traded up $0.36 during trading on Friday, reaching $14.24. The stock had a trading volume of 105,793 shares, compared to its average volume of 800,180. Xenia Hotels & Resorts, Inc. has a one year low of $10.90 and a one year high of $15.84. The company has a market capitalization of $1.45 billion, a P/E ratio of 73.06 and a beta of 1.51. The company has a current ratio of 2.24, a quick ratio of 2.24 and a debt-to-equity ratio of 1.06. The firm’s 50-day simple moving average is $14.25 and its 200 day simple moving average is $14.23.

Xenia Hotels & Resorts (NYSE:XHR) last released its quarterly earnings results on Thursday, May 2nd. The real estate investment trust reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.28). Xenia Hotels & Resorts had a net margin of 2.09% and a return on equity of 1.58%. The firm had revenue of $267.49 million during the quarter, compared to the consensus estimate of $258.80 million. As a group, research analysts expect that Xenia Hotels & Resorts, Inc. will post 1.56 EPS for the current fiscal year.

Xenia Hotels & Resorts Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Friday, June 28th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date of this dividend was Friday, June 28th. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is presently 252.64%.

Xenia Hotels & Resorts Profile

Xenia Hotels & Resorts, Inc is a self-advised and self-administered REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts with a focus on the top 25 lodging markets as well as key leisure destinations in the United States. The Company owns 32 hotels and resorts comprising 9,511 rooms across 14 states.