Xenia Hotels & Resorts, Inc. (NYSE:XHR – Get Rating) insider Barry A. N. Bloom sold 25,000 shares of the company’s stock in a transaction dated Wednesday, April 13th. The shares were sold at an average price of $19.10, for a total value of $477,500.00. Following the completion of the sale, the insider now directly owns 267,741 shares of the company’s stock, valued at $5,113,853.10. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Shares of XHR stock opened at $19.11 on Friday. The company has a market cap of $2.19 billion, a price-to-earnings ratio of -15.17 and a beta of 1.52. The stock has a 50 day simple moving average of $18.68 and a 200-day simple moving average of $18.06. Xenia Hotels & Resorts, Inc. has a 12-month low of $15.15 and a 12-month high of $21.04. The company has a current ratio of 6.93, a quick ratio of 6.93 and a debt-to-equity ratio of 1.04.
Xenia Hotels & Resorts (NYSE:XHR – Get Rating) last issued its earnings results on Tuesday, March 1st. The real estate investment trust reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.35). The business had revenue of $203.60 million for the quarter, compared to analysts’ expectations of $182.89 million. Xenia Hotels & Resorts had a negative return on equity of 9.76% and a negative net margin of 23.29%. The business’s quarterly revenue was up 169.0% on a year-over-year basis. During the same period last year, the company posted ($0.24) earnings per share. On average, equities analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.14 earnings per share for the current fiscal year.
XHR has been the subject of a number of research analyst reports. StockNews.com raised Xenia Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Friday, April 8th. TheStreet raised Xenia Hotels & Resorts from a “d+” rating to a “c-” rating in a research report on Thursday, March 3rd. Finally, Zacks Investment Research raised Xenia Hotels & Resorts from a “hold” rating to a “strong-buy” rating and set a $22.00 target price for the company in a research report on Thursday, April 7th. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $21.60.
About Xenia Hotels & Resorts (Get Rating)
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 U.S. lodging markets as well as key leisure destinations in the United States. The Company owns 37 hotels comprising 10,749 rooms across 16 states.
- Get a free copy of the StockNews.com research report on Xenia Hotels & Resorts (XHR)
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