Xenia Hotels & Resorts (NYSE:XHR) Earns Hold (C) Rating from Weiss Ratings

Key Points

• Xenia Hotels & Resorts has received a "hold (C)" rating from Weiss Ratings, indicating a cautious stance on the stock.
• Institutional investors own over 92% of Xenia Hotels & Resorts, with notable increases in stakes from various hedge funds in the recent quarters.
• The company reported a 5.4% year-over-year increase in revenue, with earnings per share coming in at $0.57 for the last quarter, surpassing analyst expectations.

Xenia Hotels & Resorts (NYSE:XHR - Get Free Report)'s stock had its "hold (c)" rating reissued by analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Several other equities research analysts have also issued reports on the stock. Wall Street Zen lowered shares of Xenia Hotels & Resorts from a "buy" rating to a "hold" rating in a research report on Saturday, August 2nd. BMO Capital Markets boosted their price objective on shares of Xenia Hotels & Resorts from $15.00 to $16.00 and gave the stock an "outperform" rating in a report on Tuesday, September 2nd. Finally, Wells Fargo & Company raised shares of Xenia Hotels & Resorts to a "strong-buy" rating in a research note on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Xenia Hotels & Resorts has a consensus rating of "Moderate Buy" and a consensus price target of $13.20.

Xenia Hotels & Resorts Price Performance

Xenia Hotels & Resorts stock traded up $0.05 during mid-day trading on Wednesday, hitting $12.93. 221,694 shares of the company traded hands, compared to its average volume of 939,963. Xenia Hotels & Resorts has a one year low of $8.55 and a one year high of $16.50. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 20.52 and a beta of 1.73. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.96 and a current ratio of 2.96. The stock has a fifty day moving average price of $13.77 and a 200-day moving average price of $12.49.

Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) last announced its earnings results on Friday, August 1st. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.14. Xenia Hotels & Resorts had a net margin of 5.86% and a return on equity of 4.95%. The business had revenue of $287.58 million during the quarter, compared to analyst estimates of $273.43 million. During the same period in the previous year, the business posted $0.52 earnings per share. Xenia Hotels & Resorts's revenue for the quarter was up 5.4% on a year-over-year basis. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.660-1.800 EPS. On average, equities analysts predict that Xenia Hotels & Resorts will post 1.46 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Xenia Hotels & Resorts

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in XHR. Woodline Partners LP increased its position in Xenia Hotels & Resorts by 138.9% during the 1st quarter. Woodline Partners LP now owns 1,650,570 shares of the real estate investment trust's stock valued at $19,411,000 after purchasing an additional 959,641 shares during the period. Arrowstreet Capital Limited Partnership grew its position in shares of Xenia Hotels & Resorts by 76.6% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,070,540 shares of the real estate investment trust's stock worth $26,027,000 after buying an additional 898,176 shares during the period. Adage Capital Partners GP L.L.C. grew its position in shares of Xenia Hotels & Resorts by 1,207.7% in the 1st quarter. Adage Capital Partners GP L.L.C. now owns 650,000 shares of the real estate investment trust's stock worth $7,644,000 after buying an additional 600,294 shares during the period. Nuveen LLC purchased a new stake in shares of Xenia Hotels & Resorts in the 1st quarter worth about $5,404,000. Finally, Millennium Management LLC grew its position in shares of Xenia Hotels & Resorts by 17.8% in the 1st quarter. Millennium Management LLC now owns 2,126,198 shares of the real estate investment trust's stock worth $25,004,000 after buying an additional 321,343 shares during the period. 92.43% of the stock is currently owned by institutional investors.

About Xenia Hotels & Resorts

Xenia Hotels & Resorts, Inc is a real estate investment trust, which engages in the provision of investment in luxury and upper upscale hotels and resorts. It also owns a diversified portfolio of lodging properties operated by Marriott, Kimpton, Hyatt, Aston, Fairmong, and Loews. The company was founded in 2007 and is headquartered in Orlando, FL.

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