Xenia Hotels & Resorts (NYSE:XHR) Earns “Hold (C)” Rating from Weiss Ratings

Xenia Hotels & Resorts (NYSE:XHR)‘s stock had its “hold (c)” rating restated by stock analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Several other brokerages have also issued reports on XHR. Wells Fargo & Company raised shares of Xenia Hotels & Resorts to a “strong-buy” rating in a report on Friday, October 3rd. Wall Street Zen lowered shares of Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Saturday, August 2nd. Finally, BMO Capital Markets upped their target price on shares of Xenia Hotels & Resorts from $15.00 to $16.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $13.20.

Xenia Hotels & Resorts Price Performance

Shares of XHR stock opened at $12.68 on Wednesday. Xenia Hotels & Resorts has a 12-month low of $8.55 and a 12-month high of $16.50. The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of 20.13 and a beta of 1.73. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.13. The firm has a fifty day moving average of $13.78 and a 200-day moving average of $12.50.

Xenia Hotels & Resorts (NYSE:XHR) last announced its quarterly earnings results on Friday, August 1st. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.14. Xenia Hotels & Resorts had a net margin of 5.86% and a return on equity of 4.95%. The company had revenue of $287.58 million during the quarter, compared to analyst estimates of $273.43 million. During the same quarter in the previous year, the business earned $0.52 EPS. The firm’s revenue was up 5.4% on a year-over-year basis. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.660-1.800 EPS. On average, equities research analysts forecast that Xenia Hotels & Resorts will post 1.46 earnings per share for the current year.

Institutional Investors Weigh In On Xenia Hotels & Resorts

Several institutional investors and hedge funds have recently added to or reduced their stakes in XHR. Woodline Partners LP lifted its position in Xenia Hotels & Resorts by 138.9% during the 1st quarter. Woodline Partners LP now owns 1,650,570 shares of the real estate investment trust’s stock worth $19,411,000 after buying an additional 959,641 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Xenia Hotels & Resorts by 76.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,070,540 shares of the real estate investment trust’s stock worth $26,027,000 after buying an additional 898,176 shares in the last quarter. Adage Capital Partners GP L.L.C. raised its holdings in shares of Xenia Hotels & Resorts by 1,207.7% in the 1st quarter. Adage Capital Partners GP L.L.C. now owns 650,000 shares of the real estate investment trust’s stock valued at $7,644,000 after purchasing an additional 600,294 shares during the period. Nuveen LLC bought a new stake in shares of Xenia Hotels & Resorts in the 1st quarter valued at about $5,404,000. Finally, Millennium Management LLC raised its holdings in shares of Xenia Hotels & Resorts by 17.8% in the 1st quarter. Millennium Management LLC now owns 2,126,198 shares of the real estate investment trust’s stock valued at $25,004,000 after purchasing an additional 321,343 shares during the period. 92.43% of the stock is owned by institutional investors.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc is a real estate investment trust, which engages in the provision of investment in 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.