683 Capital Management buys $12,488,480 stake in Xenia Hotels & Resorts Inc (XHR)

Xenia Hotels & Resorts Inc (XHR) : 683 Capital Management scooped up 2,983 additional shares in Xenia Hotels & Resorts Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 712,000 shares of Xenia Hotels & Resorts Inc which is valued at $12,488,480.Xenia Hotels & Resorts Inc makes up approximately 5.34% of 683 Capital Management’s portfolio.

Other Hedge Funds, Including , Jane Street Group sold out all of its stake in XHR during the most recent quarter. The investment firm sold 12,095 shares of XHR which is valued $212,146.Martingale Asset Management L P reduced its stake in XHR by selling 437 shares or 0.44% in the most recent quarter. The Hedge Fund company now holds 99,353 shares of XHR which is valued at $1,742,652. Xenia Hotels & Resorts Inc makes up approx 0.03% of Martingale Asset Management L P’s portfolio.Highpoint Advisor Group boosted its stake in XHR in the latest quarter, The investment management firm added 120,995 additional shares and now holds a total of 132,991 shares of Xenia Hotels & Resorts Inc which is valued at $2,332,662. Xenia Hotels & Resorts Inc makes up approx 0.82% of Highpoint Advisor Group’s portfolio.Teacher Retirement System Of Texas boosted its stake in XHR in the latest quarter, The investment management firm added 2,615 additional shares and now holds a total of 15,642 shares of Xenia Hotels & Resorts Inc which is valued at $278,428.

Xenia Hotels & Resorts Inc closed down -0.23 points or -1.37% at $16.61 with 5,05,904 shares getting traded on Thursday. Post opening the session at $16.86, the shares hit an intraday low of $16.54 and an intraday high of $16.86 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Xenia Hotels & Resorts Inc reported $0.65 EPS for the quarter, missing the analyst consensus estimate by $ -0.02 based on the information available during the earnings call on Aug 5, 2016. Analyst had a consensus of $0.67. The company had revenue of $261.38 million for the quarter, compared to analysts expectations of $259.48 million. The company’s revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.57 EPS.

Many Wall Street Analysts have commented on Xenia Hotels & Resorts Inc. Xenia Hotels & Resorts Inc was Initiated by Raymond James to “Mkt Perform” on Jul 26, 2016.

Xenia Hotels & Resorts Inc. is a self-managed Real Estate Investment Trust (REIT). The Company is focused on the lodging sector. The Company owns a portfolio of lodging properties operated by independent management companies. The Company holds around 46 hotels consisting of 12636 rooms across 19 states and the District of Columbia. It also holds an interest in two hotels under development. The Company owns and invests in service lifestyle and urban upscale hotels in the United States lodging market and leisure destinations. The Company’s portfolio includes lodging properties operated by Marriott Hilton Hyatt Starwood Kimpton Aston Fairmont and Loews. The Company’s hotels include Andaz Napa Aston Waikiki Beach Hotel Courtyard Pittsburgh Downtown Fairmont Dallas Hilton Phoenix Suites Hotel Monaco Chicago Residence Inn Denver City Center Lorien Hotel & Spa Renaissance Austin Hotel Westin Galleria Houston and Westin Oaks Houston at The Galleria.

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