Xenia Hotels & Resorts (NYSE:XHR) Stock Rating Lowered by StockNews.com

StockNews.com lowered shares of Xenia Hotels & Resorts (NYSE:XHR) from a hold rating to a sell rating in a research report released on Wednesday.

Several other equities research analysts have also commented on XHR. Wells Fargo & Company decreased their price target on Xenia Hotels & Resorts from $18.00 to $17.00 and set an “overweight” rating on the stock in a research note on Tuesday. Jefferies Financial Group boosted their price target on Xenia Hotels & Resorts from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Thursday, January 2nd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Xenia Hotels & Resorts currently has an average rating of “Hold” and a consensus price target of $17.38.

Xenia Hotels & Resorts Price Performance

Shares of XHR opened at $13.99 on Wednesday. The stock’s 50 day moving average is $14.87 and its two-hundred day moving average is $14.66. The firm has a market capitalization 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. Xenia Hotels & Resorts has a twelve month low of $12.34 and a twelve month high of $16.50.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of XHR. Alyeska Investment Group L.P. raised its position in shares of Xenia Hotels & Resorts by 258.8% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,655,365 shares of the real estate investment trust’s stock worth $24,599,000 after purchasing an additional 1,193,990 shares during the last quarter. Mesirow Institutional Investment Management Inc. acquired a new position in shares of Xenia Hotels & Resorts during the 4th quarter worth approximately $15,982,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Xenia Hotels & Resorts by 370.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 718,961 shares of the real estate investment trust’s stock worth $10,619,000 after purchasing an additional 566,144 shares during the last quarter. Invesco Ltd. raised its position in shares of Xenia Hotels & Resorts by 73.5% during the 4th quarter. Invesco Ltd. now owns 1,126,703 shares of the real estate investment trust’s stock worth $16,743,000 after purchasing an additional 477,231 shares during the last quarter. Finally, Wellington Management Group LLP raised its position in shares of Xenia Hotels & Resorts by 5.0% during the 3rd quarter. Wellington Management Group LLP now owns 9,705,769 shares of the real estate investment trust’s stock worth $143,354,000 after purchasing an additional 465,141 shares during the last quarter. 92.43% of the stock is currently owned by institutional investors and hedge funds.

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.