Xenia Hotels & Resorts (NYSE:XHR) Lowered to Sell Rating by StockNews.com

Xenia Hotels & Resorts (NYSE:XHR) was downgraded by stock analysts at StockNews.com from a “hold” rating to a “sell” rating in a research note issued on Monday.

Other equities research analysts also recently issued reports about the company. Jefferies Financial Group raised their price target on Xenia Hotels & Resorts from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Thursday, January 2nd. KeyCorp cut their price objective on shares of Xenia Hotels & Resorts from $17.00 to $16.00 and set an “overweight” rating on the stock in a research report on Monday. Finally, Wells Fargo & Company decreased their target price on shares of Xenia Hotels & Resorts from $18.00 to $17.00 and set an “overweight” rating for the company in a research report on Tuesday, February 18th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $17.13.

Xenia Hotels & Resorts Stock Performance

Shares of XHR opened at $12.42 on Monday. The company has a market capitalization of $1.26 billion, a PE ratio of 54.00 and a beta of 1.47. The company has a debt-to-equity ratio of 1.07, a quick ratio of 2.20 and a current ratio of 2.20. The company’s 50 day moving average price is $13.97 and its 200 day moving average price is $14.61. Xenia Hotels & Resorts has a 52 week low of $12.04 and a 52 week high of $16.50.

Xenia Hotels & Resorts (NYSE:XHR) last posted its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $0.39 EPS for the quarter, beating the consensus estimate of $0.05 by $0.34. Xenia Hotels & Resorts had a net margin of 2.37% and a return on equity of 1.86%. The business had revenue of $261.80 million for the quarter, compared to analysts’ expectations of $263.47 million. During the same period in the previous year, the company posted $0.41 EPS. Xenia Hotels & Resorts’s revenue was up 3.3% on a year-over-year basis. Research analysts expect that Xenia Hotels & Resorts will post 1.46 EPS for the current fiscal year.

Institutional Investors Weigh In On Xenia Hotels & Resorts

A number of large investors have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio raised its position in shares of Xenia Hotels & Resorts by 0.4% in the third quarter. Public Employees Retirement System of Ohio now owns 255,662 shares of the real estate investment trust’s stock valued at $3,776,000 after purchasing an additional 962 shares during the period. Metis Global Partners LLC grew its stake in Xenia Hotels & Resorts by 11.4% in the 4th quarter. Metis Global Partners LLC now owns 11,696 shares of the real estate investment trust’s stock valued at $174,000 after buying an additional 1,194 shares during the last quarter. IFP Advisors Inc raised its holdings in Xenia Hotels & Resorts by 16.5% in the 4th quarter. IFP Advisors Inc now owns 8,817 shares of the real estate investment trust’s stock worth $131,000 after acquiring an additional 1,250 shares during the period. MML Investors Services LLC lifted its position in Xenia Hotels & Resorts by 12.0% during the 3rd quarter. MML Investors Services LLC now owns 12,451 shares of the real estate investment trust’s stock worth $184,000 after acquiring an additional 1,338 shares during the last quarter. Finally, Daiwa Securities Group Inc. lifted its position in Xenia Hotels & Resorts by 4.4% during the 3rd quarter. Daiwa Securities Group Inc. now owns 33,728 shares of the real estate investment trust’s stock worth $498,000 after acquiring an additional 1,415 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 real estate investment trust, which engages in the investment of 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.