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xenia hotels and resorts sees price target cut by keycorp analysts
Daiwa Securities Group Inc. increased its stake in Xenia Hotels & Resorts, owning 33,728 shares valued at $498,000. Analysts have mixed views, with KeyCorp lowering its price target to $16.00, while the stock currently holds a "Moderate Buy" rating and has a market cap of $1.26 billion. Xenia reported a quarterly EPS of $0.39, surpassing estimates, with revenue up 3.3% year-over-year.
Xenia Hotels and Resorts announces dividend increase and financial performance update
Xenia Hotels & Resorts reported a net margin of 2.37% and a return on equity of 1.86%, with a 3.3% year-over-year revenue increase. The company announced a quarterly dividend increase to $0.14, with a payout ratio of 373.33%. Analysts project an EPS of 1.46 for the current fiscal year, while the stock holds a "Moderate Buy" rating with a price target of $17.38.
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