Signature Estate & Investment Advisors LLC Takes Position in Xenia Hotels & Resorts, Inc. (NYSE:XHR)

Signature Estate & Investment Advisors LLC purchased a new stake in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) during the second quarter, HoldingsChannel.com reports. The institutional investor purchased 11,633 shares of the real estate investment trust’s stock, valued at approximately $167,000.

Other hedge funds also recently made changes to their positions in the company. VitalStone Financial LLC increased its stake in shares of Xenia Hotels & Resorts by 54.4% during the fourth quarter. VitalStone Financial LLC now owns 2,482 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 875 shares during the period. Principal Securities Inc. acquired a new position in shares of Xenia Hotels & Resorts during the fourth quarter valued at approximately $64,000. International Assets Investment Management LLC increased its stake in shares of Xenia Hotels & Resorts by 1,274.0% during the fourth quarter. International Assets Investment Management LLC now owns 4,919 shares of the real estate investment trust’s stock valued at $67,000 after acquiring an additional 4,561 shares during the period. EntryPoint Capital LLC acquired a new position in shares of Xenia Hotels & Resorts during the first quarter valued at approximately $135,000. Finally, O Shaughnessy Asset Management LLC acquired a new position in shares of Xenia Hotels & Resorts during the first quarter valued at approximately $164,000. Institutional investors own 92.43% of the company’s stock.

Xenia Hotels & Resorts Price Performance

NYSE XHR opened at $13.83 on Wednesday. Xenia Hotels & Resorts, Inc. has a 1 year low of $10.92 and a 1 year high of $15.84. The stock’s 50-day moving average price is $13.79 and its two-hundred day moving average price is $14.25. The company has a market cap of $1.41 billion, a PE ratio of 72.79 and a beta of 1.51. 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 released its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $272.90 million for the quarter, compared to analyst estimates of $275.66 million. During the same quarter in the prior year, the firm earned $0.47 EPS. The firm’s revenue was up .7% compared to the same quarter last year. On average, analysts predict that Xenia Hotels & Resorts, Inc. will post 1.55 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on XHR shares. StockNews.com upgraded shares of Xenia Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Friday, May 3rd. B. Riley decreased their price target on shares of Xenia Hotels & Resorts from $17.00 to $15.50 and set a “neutral” rating on the stock in a research report on Wednesday, August 7th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Xenia Hotels & Resorts currently has a consensus rating of “Hold” and an average target price of $15.40.

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.