StockNews.com Downgrades Xenia Hotels & Resorts (NYSE:XHR) to Sell

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

XHR has been the subject of a number of other reports. Wells Fargo & Company dropped their price target 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. KeyCorp lowered their price target on shares of Xenia Hotels & Resorts from $17.00 to $16.00 and set an “overweight” rating for the company in a report on Monday. Finally, Jefferies Financial Group raised their target price on Xenia Hotels & Resorts from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Thursday, January 2nd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $17.13.

Xenia Hotels & Resorts Stock Performance

Shares of XHR traded up $0.22 during mid-day trading on Monday, reaching $12.70. The company had a trading volume of 694,889 shares, compared to its average volume of 718,645. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 1.07. The stock has a 50 day moving average of $14.01 and a two-hundred day moving average of $14.61. Xenia Hotels & Resorts has a 52-week low of $12.04 and a 52-week high of $16.50. The stock has a market capitalization of $1.29 billion, a P/E ratio of 55.20 and a beta of 1.47.

Xenia Hotels & Resorts (NYSE:XHR) last announced its earnings results on Tuesday, February 25th. The real estate investment trust reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.34. The business had revenue of $261.80 million during the quarter, compared to analysts’ expectations of $263.47 million. Xenia Hotels & Resorts had a return on equity of 1.86% and a net margin of 2.37%. The business’s revenue was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.41 earnings per share. On average, analysts expect that Xenia Hotels & Resorts will post 1.46 earnings per share for the current year.

Institutional Trading of Xenia Hotels & Resorts

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

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.