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

Xenia Hotels & Resorts, Inc. (NYSE:XHR) has earned a consensus rating of “Hold” from the six brokerages that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $15.40.

Separately, B. Riley reduced their price target on shares of Xenia Hotels & Resorts from $17.00 to $15.50 and set a “neutral” rating on the stock in a research report on Wednesday, August 7th.

Institutional Trading of Xenia Hotels & Resorts

A number of hedge funds and other institutional investors have recently made changes to their positions in XHR. Meeder Asset Management Inc. bought a new stake in shares of Xenia Hotels & Resorts during the 2nd quarter worth about $25,000. VitalStone Financial LLC raised its position in shares of Xenia Hotels & Resorts by 54.4% during the 4th quarter. VitalStone Financial LLC now owns 2,482 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 875 shares in the last quarter. Principal Securities Inc. bought a new stake in shares of Xenia Hotels & Resorts during the 4th quarter worth about $64,000. EntryPoint Capital LLC bought a new stake in shares of Xenia Hotels & Resorts during the 1st quarter worth about $135,000. Finally, Algert Global LLC bought a new stake in shares of Xenia Hotels & Resorts during the 2nd quarter worth about $147,000. 92.43% of the stock is currently owned by institutional investors.

Xenia Hotels & Resorts Price Performance

Xenia Hotels & Resorts stock opened at $13.33 on Monday. Xenia Hotels & Resorts has a 52-week low of $10.92 and a 52-week high of $15.84. The firm has a fifty day moving average of $13.76 and a 200-day moving average of $14.27. The firm has a market capitalization of $1.36 billion, a P/E ratio of 70.53 and a beta of 1.51. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 1.06.

Xenia Hotels & Resorts (NYSE:XHR) last released its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.30). The business had revenue of $272.90 million during the quarter, compared to analyst estimates of $275.66 million. Xenia Hotels & Resorts had a return on equity of 1.72% and a net margin of 2.24%. Xenia Hotels & Resorts’s revenue was up .7% on a year-over-year basis. During the same period in the previous year, the company earned $0.47 EPS. As a group, analysts predict that Xenia Hotels & Resorts will post 1.55 EPS for the current year.

Xenia Hotels & Resorts Company Profile

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 lodging markets as well as key leisure destinations in the United States. The Company owns 32 hotels and resorts comprising 9,511 rooms across 14 states.