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

Xenia Hotels & Resorts (NYSE:XHRGet Free Report) was upgraded by stock analysts at StockNews.com from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday.

Several other equities research analysts have also recently weighed in on XHR. Morgan Stanley increased their price objective on Xenia Hotels & Resorts from $10.00 to $11.00 and gave the stock an “underweight” rating in a report on Tuesday, November 7th. Wells Fargo & Company lifted their price target on Xenia Hotels & Resorts from $13.00 to $14.00 and gave the company an “equal weight” rating in a research report on Friday, December 22nd. Wolfe Research started coverage on Xenia Hotels & Resorts in a research report on Wednesday, January 10th. They set a “peer perform” rating for the company. KeyCorp reduced their target price on shares of Xenia Hotels & Resorts from $17.00 to $15.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 13th. Finally, Jefferies Financial Group lifted their price target on shares of Xenia Hotels & Resorts from $13.00 to $14.00 and gave the company a “hold” rating in a research report on Tuesday, January 2nd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $14.33.

Check Out Our Latest Research Report on Xenia Hotels & Resorts

Xenia Hotels & Resorts Trading Up 3.8 %

Shares of NYSE:XHR traded up $0.54 during midday trading on Wednesday, hitting $14.64. 2,307,328 shares of the stock traded hands, compared to its average volume of 741,448. The company has a quick ratio of 2.94, a current ratio of 2.94 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $1.54 billion, a PE ratio of 35.71 and a beta of 1.43. Xenia Hotels & Resorts has a one year low of $10.90 and a one year high of $15.16. The business’s 50 day moving average is $13.38 and its two-hundred day moving average is $12.48.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Natixis Advisors L.P. bought a new position in Xenia Hotels & Resorts during the 1st quarter valued at about $496,000. Bank of Montreal Can boosted its holdings in Xenia Hotels & Resorts by 6.0% in the first quarter. Bank of Montreal Can now owns 33,536 shares of the real estate investment trust’s stock worth $662,000 after purchasing an additional 1,899 shares during the last quarter. MetLife Investment Management LLC grew its position in Xenia Hotels & Resorts by 56.8% in the 1st quarter. MetLife Investment Management LLC now owns 59,459 shares of the real estate investment trust’s stock worth $1,147,000 after purchasing an additional 21,532 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Xenia Hotels & Resorts by 14.1% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 98,459 shares of the real estate investment trust’s stock valued at $1,899,000 after buying an additional 12,140 shares during the last quarter. Finally, Great West Life Assurance Co. Can lifted its holdings in shares of Xenia Hotels & Resorts by 0.9% during the 1st quarter. Great West Life Assurance Co. Can now owns 193,269 shares of the real estate investment trust’s stock valued at $3,848,000 after buying an additional 1,748 shares during the period. 91.16% of the stock is owned by institutional investors.

Xenia Hotels & Resorts Company Profile

(Get Free Report)

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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