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flag Xenia Hotels & Resorts' stock soared after it reported stronger-than-expected earnings and increased investor stakes.

flag Xenia Hotels & Resorts, a luxury hotel-focused REIT, saw its shares rise as it beat earnings expectations, reporting $0.51 EPS against estimates of $0.42. flag Asset Management One and Oppenheimer Asset Management increased their stakes in the company during the first quarter. flag XHR's stock, which opened at $12.81 on Monday, has a dividend yield of 4.37% and a "Hold" rating with a $13.50 target price.

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