Xenia Hotels & Resorts, Inc. (NYSE:XHR) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC cut its stake in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 31.0% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 38,298 shares of the real estate investment trust’s stock after selling 17,200 shares during the period. Janus Henderson Group PLC’s holdings in Xenia Hotels & Resorts were worth $566,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Martingale Asset Management L P increased its stake in shares of Xenia Hotels & Resorts by 6.5% during the third quarter. Martingale Asset Management L P now owns 216,913 shares of the real estate investment trust’s stock worth $3,204,000 after purchasing an additional 13,162 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Xenia Hotels & Resorts by 370.5% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 718,961 shares of the real estate investment trust’s stock worth $10,619,000 after buying an additional 566,144 shares during the last quarter. Loomis Sayles & Co. L P raised its holdings in shares of Xenia Hotels & Resorts by 3,146.0% during the third quarter. Loomis Sayles & Co. L P now owns 2,045 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 1,982 shares during the last quarter. Daiwa Securities Group Inc. lifted its position in shares of Xenia Hotels & Resorts by 4.4% in the third quarter. Daiwa Securities Group Inc. now owns 33,728 shares of the real estate investment trust’s stock valued at $498,000 after acquiring an additional 1,415 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Xenia Hotels & Resorts by 2.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,331,970 shares of the real estate investment trust’s stock worth $34,443,000 after acquiring an additional 59,212 shares during the last quarter. 92.43% of the stock is owned by hedge funds and other institutional investors.

Xenia Hotels & Resorts Price Performance

Shares of XHR opened at $15.85 on Friday. The firm has a 50-day simple moving average of $15.12 and a two-hundred day simple moving average of $14.41. The stock has a market cap of $1.61 billion, a PE ratio of 68.92 and a beta of 1.52. Xenia Hotels & Resorts, Inc. has a 1-year low of $12.34 and a 1-year high of $16.50. The company has a debt-to-equity ratio of 1.07, a current ratio of 2.20 and a quick ratio of 2.20.

Xenia Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.12 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.03%. Xenia Hotels & Resorts’s payout ratio is presently 208.70%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on XHR. Wells Fargo & Company increased their price objective on Xenia Hotels & Resorts from $17.00 to $18.00 and gave the company an “overweight” rating in a research note on Monday, December 9th. StockNews.com cut shares of Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Monday, November 11th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $17.13.

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.