Xenia Hotels & Resorts, Inc. (NYSE:XHR) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp trimmed its stake in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 0.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,061,635 shares of the real estate investment trust’s stock after selling 4,242 shares during the quarter. Bank of New York Mellon Corp owned approximately 1.04% of Xenia Hotels & Resorts worth $15,213,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. VitalStone Financial LLC lifted its position in shares of Xenia Hotels & Resorts by 54.4% in the 4th quarter. VitalStone Financial LLC now owns 2,482 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 875 shares during the last quarter. Principal Securities Inc. acquired a new position in Xenia Hotels & Resorts in the fourth quarter valued at approximately $64,000. EntryPoint Capital LLC acquired a new position in Xenia Hotels & Resorts in the first quarter valued at approximately $135,000. O Shaughnessy Asset Management LLC bought a new position in shares of Xenia Hotels & Resorts during the first quarter valued at approximately $164,000. Finally, Cornerstone Investment Partners LLC acquired a new stake in shares of Xenia Hotels & Resorts during the 1st quarter worth approximately $168,000. Institutional investors own 92.43% of the company’s stock.

Analyst Ratings Changes

Separately, B. Riley reduced their price objective on Xenia Hotels & Resorts from $17.00 to $15.50 and set a “neutral” rating for the company in a research report on Wednesday, August 7th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $15.40.

Xenia Hotels & Resorts Price Performance

Shares of NYSE:XHR opened at $13.33 on Friday. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 1.06. The firm’s 50 day moving average is $13.74 and its two-hundred day moving average is $14.28. The firm has a market capitalization of $1.36 billion, a P/E ratio of 70.16 and a beta of 1.51. Xenia Hotels & Resorts, Inc. has a 52 week low of $10.92 and a 52 week high of $15.84.

Xenia Hotels & Resorts (NYSE:XHR) last posted its earnings results on Thursday, August 1st. The real estate investment trust reported $0.15 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.30). Xenia Hotels & Resorts had a net margin of 2.24% and a return on equity of 1.72%. The business had revenue of $272.90 million during the quarter, compared to analyst estimates of $275.66 million. During the same quarter in the prior year, the business earned $0.47 earnings per share. The firm’s revenue was up .7% compared to the same quarter last year. Analysts anticipate that Xenia Hotels & Resorts, Inc. will post 1.55 earnings per share for the current year.

Xenia Hotels & Resorts Company 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.