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

Xenia Hotels & Resorts, Inc. (NYSE:XHR) has been assigned a consensus recommendation of “Hold” from the six analysts that are covering the stock, Marketbeat reports. One equities research 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 1-year price objective among brokers that have issued ratings on the stock in the last year is $15.40.

Separately, B. Riley dropped 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 note on Wednesday, August 7th.

Xenia Hotels & Resorts Stock Performance

Shares of XHR opened at $13.33 on Monday. The firm’s 50 day moving average is $13.76 and its 200-day moving average is $14.27. The stock 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 debt-to-equity ratio of 1.06, a current ratio of 2.26 and a quick ratio of 2.26. Xenia Hotels & Resorts has a 12-month low of $10.92 and a 12-month high of $15.84.

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

Institutional Trading of Xenia Hotels & Resorts

A number of hedge funds have recently modified their holdings of XHR. Meeder Asset Management Inc. bought a new stake in shares of Xenia Hotels & Resorts in the 2nd quarter worth approximately $25,000. VitalStone Financial LLC lifted its position in shares of Xenia Hotels & Resorts by 54.4% in the 4th quarter. VitalStone Financial LLC now owns 2,482 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 875 shares during the period. Principal Securities Inc. bought a new stake in shares of Xenia Hotels & Resorts in the 4th quarter worth approximately $64,000. EntryPoint Capital LLC bought a new position in shares of Xenia Hotels & Resorts during the 1st quarter worth approximately $135,000. Finally, Algert Global LLC bought a new position in shares of Xenia Hotels & Resorts during the 2nd quarter worth approximately $147,000. Institutional investors own 92.43% of the company’s stock.

About Xenia Hotels & Resorts

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.