Xenia Hotels & Resorts (NYSE:XHR) Lifted to "Hold" at StockNews.com

Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) was upgraded by research analysts at StockNews.com from a "sell" rating to a "hold" rating in a research note issued to investors on Friday.

Several other equities analysts also recently commented on XHR. Wolfe Research initiated coverage on Xenia Hotels & Resorts in a research report on Wednesday, January 10th. They issued a "peer perform" rating on the stock. Jefferies Financial Group raised shares of Xenia Hotels & Resorts from a "hold" rating to a "buy" rating and boosted their target price for the stock from $14.00 to $18.00 in a report on Thursday, February 29th. Wells Fargo & Company lifted their price target on shares of Xenia Hotels & Resorts from $14.00 to $15.50 and gave the company an "equal weight" rating in a report on Thursday, March 21st. B. Riley reaffirmed a "neutral" rating and set a $17.00 price objective (up from $16.00) on shares of Xenia Hotels & Resorts in a report on Monday, March 4th. Finally, KeyCorp lifted their price objective on shares of Xenia Hotels & Resorts from $15.00 to $17.00 and gave the stock an "overweight" rating in a research note on Friday, April 5th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $15.70.

Xenia Hotels & Resorts Stock Up 7.0 %

Shares of XHR traded up $0.98 on Friday, hitting $14.97. 1,708,038 shares of the stock traded hands, compared to its average volume of 835,475. The company has a market capitalization of $1.53 billion, a PE ratio of 88.06 and a beta of 1.46. Xenia Hotels & Resorts has a one year low of $10.90 and a one year high of $15.84. The company has a debt-to-equity ratio of 1.06, a quick ratio of 2.50 and a current ratio of 2.50. The business has a 50 day simple moving average of $14.78 and a 200 day simple moving average of $13.50.

Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) last posted its quarterly earnings results on Tuesday, February 27th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.28). Xenia Hotels & Resorts had a return on equity of 1.75% and a net margin of 1.87%. The business had revenue of $253.38 million during the quarter, compared to analysts' expectations of $253.00 million. As a group, equities analysts forecast that Xenia Hotels & Resorts will post 1.53 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Xenia Hotels & Resorts

A number of large investors have recently bought and sold shares of the business. Diversified Trust Co grew its position in shares of Xenia Hotels & Resorts by 2.5% in the 1st quarter. Diversified Trust Co now owns 30,393 shares of the real estate investment trust's stock worth $456,000 after buying an additional 730 shares during the last quarter. VitalStone Financial LLC boosted its holdings in shares of Xenia Hotels & Resorts by 54.4% in the 4th quarter. VitalStone Financial LLC now owns 2,482 shares of the real estate investment trust's stock valued at $34,000 after acquiring an additional 875 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Xenia Hotels & Resorts by 10.8% during the third quarter. Allspring Global Investments Holdings LLC now owns 11,199 shares of the real estate investment trust's stock worth $132,000 after purchasing an additional 1,092 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in Xenia Hotels & Resorts by 3.3% during the third quarter. Nisa Investment Advisors LLC now owns 48,626 shares of the real estate investment trust's stock valued at $573,000 after purchasing an additional 1,551 shares during the period. Finally, Daiwa Securities Group Inc. boosted its holdings in Xenia Hotels & Resorts by 5.1% in the first quarter. Daiwa Securities Group Inc. now owns 34,200 shares of the real estate investment trust's stock valued at $513,000 after purchasing an additional 1,672 shares during the last quarter. Institutional investors own 92.43% of the company's stock.

About Xenia Hotels & Resorts

Xenia Hotels & Resorts, Inc is a self-advised and self-administered REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts with a focus on the top 25 lodging markets as well as key leisure destinations in the United States. The Company owns 32 hotels and resorts comprising 9,511 rooms across 14 states.

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