Xenia Hotels & Resorts, Inc. (NYSE:XHR) Receives Average Recommendation of “Hold” from Brokerages

Xenia Hotels & Resorts, Inc. (NYSE:XHR) has been given an average recommendation of “Hold” by the six ratings firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $14.00.

A number of research analysts recently weighed in on the stock. Robert W. Baird set a $17.00 target price on Xenia Hotels & Resorts in a report on Monday, January 12th. Weiss Ratings restated a “hold (c)” rating on shares of Xenia Hotels & Resorts in a research note on Monday, December 29th. Wells Fargo & Company boosted their price target on shares of Xenia Hotels & Resorts from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Monday, December 1st. Finally, Wall Street Zen lowered shares of Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Sunday, November 9th.

Xenia Hotels & Resorts Stock Performance

Shares of NYSE XHR opened at $15.93 on Tuesday. The company has a market capitalization of $1.51 billion, a PE ratio of 28.44 and a beta of 1.23. The company has a debt-to-equity ratio of 1.16, a quick ratio of 2.51 and a current ratio of 2.51. The company’s fifty day moving average price is $15.05 and its 200 day moving average price is $14.16. Xenia Hotels & Resorts has a 1 year low of $8.55 and a 1 year high of $16.23.

Institutional Trading of Xenia Hotels & Resorts

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Salomon & Ludwin LLC boosted its position in shares of Xenia Hotels & Resorts by 114.1% in the 3rd quarter. Salomon & Ludwin LLC now owns 2,085 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 1,111 shares in the last quarter. MAI Capital Management raised its position in Xenia Hotels & Resorts by 475.6% during the third quarter. MAI Capital Management now owns 2,026 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 1,674 shares during the last quarter. Transamerica Financial Advisors LLC lifted its holdings in shares of Xenia Hotels & Resorts by 459.8% in the fourth quarter. Transamerica Financial Advisors LLC now owns 1,948 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 1,600 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Xenia Hotels & Resorts in the fourth quarter valued at approximately $33,000. Finally, Harbor Capital Advisors Inc. increased its stake in shares of Xenia Hotels & Resorts by 152.3% during the 4th quarter. Harbor Capital Advisors Inc. now owns 3,017 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 1,821 shares in the last quarter. Hedge funds and other institutional investors own 92.43% of the company’s stock.

About Xenia Hotels & Resorts

Xenia Hotels & Resorts is a self-administered real estate investment trust (REIT) that specializes in owning, operating and acquiring premium full-service hotels across the United States. The company’s portfolio emphasizes upper-upscale and luxury properties, partnering with leading hotel brands to deliver a distinctive guest experience while targeting markets with strong leisure and corporate demand.

Founded as a spin-off from Marriott International in September 2016, Xenia has built a diversified collection of full-service hotels and resorts in key U.S.