HighPoint Advisor Group LLC Has $2,189,000 Stake in Xenia Hotels & Resorts, Inc. (XHR)

HighPoint Advisor Group LLC lowered its position in shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) by 2.4% during the third quarter, Holdings Channel reports. The institutional investor owned 129,770 shares of the real estate investment trust’s stock after selling 3,221 shares during the period. Xenia Hotels & Resorts comprises about 0.8% of HighPoint Advisor Group LLC’s investment portfolio, making the stock its 24th largest position. HighPoint Advisor Group LLC’s holdings in Xenia Hotels & Resorts were worth $2,189,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of XHR. Stifel Financial Corp purchased a new position in Xenia Hotels & Resorts during the second quarter worth $194,000. Teacher Retirement System of Texas boosted its position in Xenia Hotels & Resorts by 20.1% in the second quarter. Teacher Retirement System of Texas now owns 15,642 shares of the real estate investment trust’s stock worth $262,000 after buying an additional 2,615 shares during the last quarter. Meeder Asset Management Inc. purchased a new position in Xenia Hotels & Resorts during the third quarter worth $251,000. Sigma Planning Corp boosted its position in Xenia Hotels & Resorts by 3.1% in the third quarter. Sigma Planning Corp now owns 22,775 shares of the real estate investment trust’s stock worth $346,000 after buying an additional 695 shares during the last quarter. Finally, Mizuho Trust & Banking Co. Ltd. boosted its position in Xenia Hotels & Resorts by 28.3% in the third quarter. Mizuho Trust & Banking Co. Ltd. now owns 26,878 shares of the real estate investment trust’s stock worth $408,000 after buying an additional 5,922 shares during the last quarter. Institutional investors own 60.28% of the company’s stock.

Institutional Ownership by Quarter for Xenia Hotels & Resorts (NYSE:XHR)

Xenia Hotels & Resorts, Inc. (NYSE:XHR) traded down 0.27% during mid-day trading on Monday, hitting $18.26. 73,319 shares of the stock were exchanged. The company has a market cap of $1.95 billion, a P/E ratio of 20.27 and a beta of 0.84. The company has a 50-day moving average price of $18.83 and a 200-day moving average price of $17.30. Xenia Hotels & Resorts, Inc. has a one year low of $13.62 and a one year high of $19.87.

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A number of research analysts have weighed in on the stock. Nomura assumed coverage on shares of Xenia Hotels & Resorts in a report on Wednesday, December 14th. They issued a “buy” rating and a $22.00 price objective for the company. Zacks Investment Research cut shares of Xenia Hotels & Resorts from a “hold” rating to a “strong sell” rating in a report on Thursday, November 10th. Wells Fargo & Company cut shares of Xenia Hotels & Resorts from an “outperform” rating to a “market perform” rating in a report on Tuesday, December 13th. Morgan Stanley reissued an “equal weight” rating and set a $13.00 target price (down previously from $14.00) on shares of Xenia Hotels & Resorts in a research note on Tuesday, November 15th. Finally, Instinet assumed coverage on shares of Xenia Hotels & Resorts in a research note on Wednesday, December 14th. They set a “buy” rating and a $22.00 target price for the company. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $18.50.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc is a real estate investment trust. The Company invests primarily in premium full service, lifestyle and urban upscale hotels. The Company’s segment is investment in hotel properties. The Company conducts its operations through its operating partnership, XHR LP. The Company owns approximately 50 lodging properties, with a total of over 12,550 rooms.

5 Day Chart for NYSE:XHR

Want to see what other hedge funds are holding XHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xenia Hotels & Resorts, Inc. (NYSE:XHR).

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