Nomura Asset Management Co. Ltd. Has $1.19 Million Position in Xenia Hotels & Resorts, Inc. (XHR)

Nomura Asset Management Co. Ltd. reduced its position in Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 1.2% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 69,720 shares of the real estate investment trust’s stock after selling 860 shares during the period. Nomura Asset Management Co. Ltd. owned 0.07% of Xenia Hotels & Resorts worth $1,190,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Nuveen Asset Management LLC boosted its position in shares of Xenia Hotels & Resorts by 334.6% in the first quarter. Nuveen Asset Management LLC now owns 500,762 shares of the real estate investment trust’s stock worth $8,548,000 after buying an additional 385,540 shares during the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of Xenia Hotels & Resorts by 1.6% in the first quarter. Public Employees Retirement System of Ohio now owns 126,595 shares of the real estate investment trust’s stock worth $2,161,000 after buying an additional 1,939 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Xenia Hotels & Resorts by 37.8% in the first quarter. Goldman Sachs Group Inc. now owns 453,477 shares of the real estate investment trust’s stock worth $7,740,000 after buying an additional 124,476 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Xenia Hotels & Resorts by 19.1% in the first quarter. AQR Capital Management LLC now owns 343,947 shares of the real estate investment trust’s stock worth $5,871,000 after buying an additional 55,056 shares during the last quarter. Finally, State Street Corp raised its stake in shares of Xenia Hotels & Resorts by 4.0% in the first quarter. State Street Corp now owns 3,703,954 shares of the real estate investment trust’s stock worth $63,223,000 after buying an additional 140,948 shares during the last quarter. Institutional investors own 64.30% of the company’s stock.

Shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) traded up 1.06% on Friday, hitting $20.11. The company had a trading volume of 357,911 shares. Xenia Hotels & Resorts, Inc. has a 52 week low of $14.84 and a 52 week high of $20.59. The firm’s 50 day moving average price is $19.90 and its 200-day moving average price is $18.31. The stock has a market capitalization of $2.15 billion, a PE ratio of 21.26 and a beta of 0.77.

Xenia Hotels & Resorts (NYSE:XHR) last announced its earnings results on Tuesday, May 9th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.09. Xenia Hotels & Resorts had a return on equity of 6.29% and a net margin of 11.02%. The firm had revenue of $218.50 million during the quarter, compared to analyst estimates of $205.54 million. During the same quarter in the prior year, the company earned $0.43 EPS. The business’s revenue was down 7.0% compared to the same quarter last year. Analysts forecast that Xenia Hotels & Resorts, Inc. will post $0.47 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Investors of record on Friday, June 30th were given a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a yield of 5.47%. The ex-dividend date was Wednesday, June 28th. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is presently 117.02%.

WARNING: “Nomura Asset Management Co. Ltd. Has $1.19 Million Position in Xenia Hotels & Resorts, Inc. (XHR)” was first published by BBNS and is the sole property of of BBNS. If you are reading this piece of content on another site, it was illegally copied and reposted in violation of US & international trademark and copyright legislation. The correct version of this piece of content can be read at https://baseballnewssource.com/markets/nomura-asset-management-co-ltd-sells-860-shares-of-xenia-hotels-resorts-inc-xhr-updated-updated-updated/1180490.html.

A number of equities analysts recently commented on XHR shares. BidaskClub lowered Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Zacks Investment Research lowered Xenia Hotels & Resorts from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 13th. TheStreet raised Xenia Hotels & Resorts from a “c+” rating to a “b-” rating in a research note on Wednesday, June 21st. Finally, Morgan Stanley lifted their price objective on Xenia Hotels & Resorts from $17.00 to $19.00 and gave the stock an “equal weight” rating in a research note on Friday, June 16th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $20.75.

About Xenia Hotels & Resorts

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 May 30, 2017, the Company owned 37 hotels, 35 of which are completely owned, comprising 10,783 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)

Receive News & Ratings for Xenia Hotels & Resorts Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xenia Hotels & Resorts Inc. and related companies with our FREE daily email newsletter.

 


Latest News

Albert Pujols New Home Run Leader for Foreign-Born Players
Albert Pujols New Home Run Leader for Foreign-Born Players
Los Angeles Dodgers Alex Wood Has Shoulder Inflammation
Los Angeles Dodgers Alex Wood Has Shoulder Inflammation
Blues Jays Ready to Take Flight
Blues Jays Ready to Take Flight
Umpires Ending Protest Over Incident With Ian Kinsler
Umpires Ending Protest Over Incident With Ian Kinsler
Kris Bryant Back in Spotlight, Cubs Pushing for Playoff Berth
Kris Bryant Back in Spotlight, Cubs Pushing for Playoff Berth
Despite Changes to Reduce The Length of Games, MLB Games are Actually Getting Longer
Despite Changes to Reduce The Length of Games, MLB Games are Actually Getting Longer


Leave a Reply

 
© 2006-2017 BBNS.