Xenia Hotels & Resorts (NYSE:XHR) Upgraded by StockNews.com to “Hold” Rating

Xenia Hotels & Resorts (NYSE:XHR) was upgraded by research analysts at StockNews.com from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday.

XHR has been the subject of several other reports. Wells Fargo & Company cut their target price on Xenia Hotels & Resorts from $18.00 to $17.00 and set an “overweight” rating for the company in a research note on Tuesday, February 18th. Jefferies Financial Group lifted their target price on Xenia Hotels & Resorts from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Thursday, January 2nd. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $17.38.

Xenia Hotels & Resorts Stock Performance

XHR opened at $13.26 on Thursday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 2.20 and a current ratio of 2.20. Xenia Hotels & Resorts has a 52-week low of $12.34 and a 52-week high of $16.50. The firm has a market cap of $1.35 billion, a P/E ratio of 57.65 and a beta of 1.50. The business’s fifty day moving average is $14.77 and its 200-day moving average is $14.69.

Xenia Hotels & Resorts (NYSE:XHR) last issued its 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 company had revenue of $261.80 million during the quarter, compared to analysts’ expectations of $263.47 million. During the same period in the previous year, the company earned $0.41 EPS. The business’s revenue for the quarter was up 3.3% compared to the same quarter last year. Sell-side analysts expect that Xenia Hotels & Resorts will post 1.46 EPS for the current fiscal year.

Institutional Trading of Xenia Hotels & Resorts

A number of institutional investors have recently bought and sold shares of XHR. GF Fund Management CO. LTD. bought a new position in shares of Xenia Hotels & Resorts in the 4th quarter worth about $28,000. Smartleaf Asset Management LLC grew its stake in Xenia Hotels & Resorts by 500.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,988 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 1,657 shares during the period. Creekmur Asset Management LLC acquired a new stake in Xenia Hotels & Resorts during the fourth quarter worth approximately $30,000. Loomis Sayles & Co. L P increased its holdings in Xenia Hotels & Resorts by 3,146.0% in the third quarter. Loomis Sayles & Co. L P now owns 2,045 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 1,982 shares in the last quarter. Finally, Fifth Third Bancorp lifted its stake in Xenia Hotels & Resorts by 2,492.9% in the fourth quarter. Fifth Third Bancorp now owns 2,541 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 2,443 shares during the period. Institutional investors own 92.43% of the company’s stock.

Xenia Hotels & Resorts Company Profile

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.