Commonwealth Equity Services LLC Boosts Holdings in Xenia Hotels & Resorts, Inc. (NYSE:XHR)

Commonwealth Equity Services LLC raised its holdings in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 0.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 195,455 shares of the real estate investment trust’s stock after purchasing an additional 1,699 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Xenia Hotels & Resorts were worth $2,801,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. VitalStone Financial LLC boosted its holdings in Xenia Hotels & Resorts by 54.4% in the fourth 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 last quarter. Principal Securities Inc. purchased a new stake in Xenia Hotels & Resorts in the fourth quarter valued at $64,000. EntryPoint Capital LLC purchased a new stake in shares of Xenia Hotels & Resorts during the 1st quarter worth about $135,000. O Shaughnessy Asset Management LLC purchased a new stake in shares of Xenia Hotels & Resorts during the 1st quarter worth about $164,000. Finally, Signature Estate & Investment Advisors LLC purchased a new stake in shares of Xenia Hotels & Resorts during the 2nd quarter worth about $167,000. 92.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, B. Riley lowered their target price on shares of Xenia Hotels & Resorts from $17.00 to $15.50 and set a “neutral” rating on the stock in a research note on Wednesday, August 7th. One 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. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $15.40.

Xenia Hotels & Resorts Trading Up 0.4 %

Shares of Xenia Hotels & Resorts stock opened at $13.22 on Thursday. The firm has a market capitalization of $1.35 billion, a PE ratio of 69.56 and a beta of 1.51. Xenia Hotels & Resorts, Inc. has a twelve month low of $10.92 and a twelve month high of $15.84. The firm’s 50-day moving average price is $13.72 and its 200 day moving average price is $14.29. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 1.06.

Xenia Hotels & Resorts (NYSE:XHR) last issued its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.30). The company had revenue of $272.90 million during the quarter, compared to analysts’ expectations of $275.66 million. Xenia Hotels & Resorts had a net margin of 2.24% and a return on equity of 1.72%. The company’s quarterly revenue was up .7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.47 earnings per share. On average, sell-side analysts predict that Xenia Hotels & Resorts, Inc. will post 1.54 EPS for the current fiscal year.

About Xenia Hotels & Resorts

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.