Xenia Hotels & Resorts Inc (XHR) Shares Bought by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio grew its position in shares of Xenia Hotels & Resorts Inc (NYSE:XHR) by 53.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 217,210 shares of the real estate investment trust’s stock after buying an additional 75,437 shares during the quarter. Public Employees Retirement System of Ohio owned 0.20% of Xenia Hotels & Resorts worth $4,572,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Xenia Hotels & Resorts by 2.8% during the 2nd quarter. Vanguard Group Inc. now owns 17,851,357 shares of the real estate investment trust’s stock valued at $345,781,000 after buying an additional 478,107 shares during the period. BlackRock Inc. lifted its holdings in shares of Xenia Hotels & Resorts by 2.3% during the 2nd quarter. BlackRock Inc. now owns 9,754,449 shares of the real estate investment trust’s stock valued at $188,943,000 after buying an additional 220,934 shares during the period. State Street Corp raised its holdings in Xenia Hotels & Resorts by 5.4% in the 2nd quarter. State Street Corp now owns 3,903,944 shares of the real estate investment trust’s stock worth $75,621,000 after purchasing an additional 199,990 shares during the period. Prudential Financial Inc. raised its holdings in Xenia Hotels & Resorts by 15.2% in the 3rd quarter. Prudential Financial Inc. now owns 2,560,869 shares of the real estate investment trust’s stock worth $53,906,000 after purchasing an additional 337,288 shares during the period. Finally, LSV Asset Management bought a new position in Xenia Hotels & Resorts in the 2nd quarter worth $45,138,000. 68.60% of the stock is currently owned by hedge funds and other institutional investors.

Xenia Hotels & Resorts Inc (NYSE XHR) opened at $22.13 on Wednesday. Xenia Hotels & Resorts Inc has a twelve month low of $16.21 and a twelve month high of $22.76. The company has a market capitalization of $2,359.80, a price-to-earnings ratio of 17.43, a P/E/G ratio of 2.31 and a beta of 0.80. The company has a quick ratio of 6.86, a current ratio of 6.86 and a debt-to-equity ratio of 0.78.

Xenia Hotels & Resorts (NYSE:XHR) last announced its earnings results on Tuesday, November 7th. The real estate investment trust reported $0.50 EPS for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.38. Xenia Hotels & Resorts had a return on equity of 8.34% and a net margin of 15.23%. The company had revenue of $223.28 million for the quarter, compared to analysts’ expectations of $219.67 million. During the same period last year, the firm earned $0.57 EPS. Xenia Hotels & Resorts’s revenue for the quarter was down 4.6% compared to the same quarter last year. analysts anticipate that Xenia Hotels & Resorts Inc will post 1.92 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 29th will be paid a $0.275 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $1.10 dividend on an annualized basis and a yield of 4.97%. Xenia Hotels & Resorts’s payout ratio is presently 86.61%.

A number of brokerages recently commented on XHR. Zacks Investment Research raised Xenia Hotels & Resorts from a “hold” rating to a “buy” rating and set a $22.00 target price on the stock in a report on Friday, September 8th. ValuEngine raised Xenia Hotels & Resorts from a “buy” rating to a “strong-buy” rating in a report on Friday, October 6th. TheStreet cut Xenia Hotels & Resorts from a “b-” rating to a “c+” rating in a report on Tuesday, September 26th. B. Riley reaffirmed a “hold” rating and issued a $23.00 target price on shares of Xenia Hotels & Resorts in a report on Thursday, November 9th. Finally, FBR & Co began coverage on Xenia Hotels & Resorts in a report on Friday, October 27th. They issued a “neutral” rating and a $23.00 target price on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $21.83.

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Xenia Hotels & Resorts Profile

Xenia Hotels & Resorts, Inc (Xenia) is a self-advised and self-administered real estate investment trust (REIT). The Company invests in premium full service, lifestyle and urban upscale hotels, with a focus on var ious markets, as well as leisure destinations in the United States. As of October 4, 2017, the Company owned 39 hotels, 37 of which are completely owned, comprising 11,533 rooms, across 18 states and the District of Columbia, including a majority interest in two hotels owned through two investments in real estate entities.

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

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