Xenia Hotels & Resorts (NYSE:XHR - Free Report) had its price objective cut by Wells Fargo & Company from $18.00 to $17.00 in a report issued on Tuesday morning,Benzinga reports. They currently have an overweight rating on the real estate investment trust's stock.
A number of other equities research analysts have also commented on XHR. StockNews.com upgraded Xenia Hotels & Resorts from a "sell" rating to a "hold" rating in a research report on Saturday, February 8th. Jefferies Financial Group upped their target price on Xenia Hotels & Resorts from $18.00 to $20.00 and gave the company a "buy" rating in a research report on Thursday, January 2nd. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $17.38.
View Our Latest Stock Analysis on Xenia Hotels & Resorts
Xenia Hotels & Resorts Stock Down 3.2 %
Shares of XHR stock traded down $0.46 during trading hours on Tuesday, reaching $13.99. 902,322 shares of the company's stock were exchanged, compared to its average volume of 629,974. Xenia Hotels & Resorts has a 1 year low of $12.34 and a 1 year high of $16.50. The stock has a market cap of $1.42 billion, a PE ratio of 60.81 and a beta of 1.50. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 1.07. The stock's fifty day moving average price is $14.87 and its two-hundred day moving average price is $14.66.
Institutional Investors Weigh In On Xenia Hotels & Resorts
Several hedge funds have recently bought and sold shares of XHR. Allspring Global Investments Holdings LLC boosted its position in Xenia Hotels & Resorts by 9.6% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 179,392 shares of the real estate investment trust's stock worth $2,650,000 after purchasing an additional 15,776 shares in the last quarter. International Assets Investment Management LLC boosted its position in Xenia Hotels & Resorts by 2,559.7% in the 3rd quarter. International Assets Investment Management LLC now owns 9,761 shares of the real estate investment trust's stock worth $144,000 after purchasing an additional 9,394 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in Xenia Hotels & Resorts by 34.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,958 shares of the real estate investment trust's stock worth $60,000 after purchasing an additional 1,023 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its position in Xenia Hotels & Resorts by 9.2% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 31,531 shares of the real estate investment trust's stock worth $468,000 after purchasing an additional 2,647 shares in the last quarter. Finally, New York State Teachers Retirement System boosted its position in Xenia Hotels & Resorts by 4.2% in the 3rd quarter. New York State Teachers Retirement System now owns 135,804 shares of the real estate investment trust's stock worth $2,006,000 after purchasing an additional 5,435 shares in the last quarter. Hedge funds and other institutional investors own 92.43% of the company's stock.
Xenia Hotels & Resorts Company Profile
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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.
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