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

StockNews.com downgraded shares of Xenia Hotels & Resorts (NYSE:XHR - Free Report) from a hold rating to a sell rating in a research note issued to investors on Wednesday.

A number of other brokerages have also commented on XHR. Wells Fargo & Company decreased their target price on Xenia Hotels & Resorts from $18.00 to $17.00 and set an "overweight" rating for the company in a research report on Tuesday. Jefferies Financial Group boosted 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 equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, Xenia Hotels & Resorts has a consensus rating of "Hold" and an average price target of $17.38.

Xenia Hotels & Resorts Stock Down 3.2 %

Xenia Hotels & Resorts stock traded down $0.46 during midday trading on Wednesday, reaching $13.99. The stock had a trading volume of 902,322 shares, compared to its average volume of 629,974. Xenia Hotels & Resorts has a 12 month low of $12.34 and a 12 month high of $16.50. The company has a market capitalization of $1.42 billion, a P/E ratio of 60.81 and a beta of 1.50. The company has a fifty day moving average price of $14.90 and a two-hundred day moving average price of $14.65. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 1.07.

Institutional Trading of Xenia Hotels & Resorts

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. GF Fund Management CO. LTD. bought a new stake in Xenia Hotels & Resorts during the 4th quarter worth approximately $28,000. Loomis Sayles & Co. L P boosted its stake in shares of Xenia Hotels & Resorts by 3,146.0% in the 3rd quarter. Loomis Sayles & Co. L P now owns 2,045 shares of the real estate investment trust's stock worth $30,000 after buying an additional 1,982 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of 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 buying an additional 1,657 shares during the last quarter. Creekmur Asset Management LLC purchased a new position in shares of Xenia Hotels & Resorts in the 4th quarter worth approximately $30,000. Finally, Fifth Third Bancorp boosted its stake in shares of Xenia Hotels & Resorts by 2,492.9% in the 4th quarter. Fifth Third Bancorp now owns 2,541 shares of the real estate investment trust's stock worth $38,000 after buying an additional 2,443 shares during the last quarter. 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 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.