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

Xenia Hotels & Resorts (NYSE:XHR) was downgraded by equities researchers at StockNews.com from a “hold” rating to a “sell” rating in a report released on Tuesday.

XHR has been the topic of a number of other reports. Wells Fargo & Company raised their price target on shares of Xenia Hotels & Resorts from $17.00 to $18.00 and gave the company an “overweight” rating in a report on Monday, December 9th. Jefferies Financial Group lifted their price target on shares of Xenia Hotels & Resorts from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Thursday, January 2nd. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Xenia Hotels & Resorts currently has an average rating of “Hold” and a consensus target price of $17.63.

Xenia Hotels & Resorts Trading Up 0.8 %

NYSE XHR opened at $14.96 on Tuesday. Xenia Hotels & Resorts has a one year low of $12.34 and a one year high of $16.50. The company has a debt-to-equity ratio of 1.07, a quick ratio of 2.20 and a current ratio of 2.20. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 65.05 and a beta of 1.51. The company’s 50-day simple moving average is $15.25 and its two-hundred day simple moving average is $14.51.

Institutional Trading of Xenia Hotels & Resorts

Institutional investors have recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Xenia Hotels & Resorts by 370.5% during the third 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 acquiring an additional 566,144 shares during the last quarter. Wellington Management Group LLP boosted its holdings 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. Federated Hermes Inc. grew its position in shares of Xenia Hotels & Resorts by 179,814.4% in the second quarter. Federated Hermes Inc. now owns 350,833 shares of the real estate investment trust’s stock valued at $5,027,000 after purchasing an additional 350,638 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Xenia Hotels & Resorts in the third quarter valued at approximately $4,504,000. Finally, Mutual of America Capital Management LLC lifted its position in Xenia Hotels & Resorts by 1,602.7% during the second quarter. Mutual of America Capital Management LLC now owns 308,593 shares of the real estate investment trust’s stock worth $4,422,000 after buying an additional 290,469 shares in the last quarter. Institutional investors and hedge funds own 92.43% of the company’s stock.

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.