Xenia Hotels & Resorts (NYSE:XHR) Upgraded to Hold at StockNews.com

Xenia Hotels & Resorts (NYSE:XHR) was upgraded by research analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.

Several other brokerages also recently issued reports on XHR. Wells Fargo & Company upped their price target on shares of Xenia Hotels & Resorts from $17.00 to $18.00 and gave the stock an “overweight” rating in a report on Monday, December 9th. Jefferies Financial Group upped their target price on Xenia Hotels & Resorts from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Thursday, January 2nd. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $17.63.

Xenia Hotels & Resorts Trading Up 0.8 %

Shares of Xenia Hotels & Resorts stock opened at $14.95 on Friday. The firm has a market capitalization of $1.52 billion, a PE ratio of 65.00 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. The firm’s 50 day moving average is $15.19 and its 200 day moving average is $14.61. Xenia Hotels & Resorts has a 1 year low of $12.34 and a 1 year high of $16.50.

Institutional Trading of Xenia Hotels & Resorts

A number of institutional investors and hedge funds have recently bought and sold shares of XHR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Xenia Hotels & Resorts by 370.5% in 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 valued at $10,619,000 after buying an additional 566,144 shares during the last quarter. Wellington Management Group LLP boosted its holdings in Xenia Hotels & Resorts by 5.0% in the third quarter. Wellington Management Group LLP now owns 9,705,769 shares of the real estate investment trust’s stock valued at $143,354,000 after acquiring an additional 465,141 shares during the last quarter. Barclays PLC increased its position in Xenia Hotels & Resorts by 295.7% during the 3rd quarter. Barclays PLC now owns 173,062 shares of the real estate investment trust’s stock valued at $2,555,000 after purchasing an additional 129,328 shares during the period. State Street Corp raised its holdings in Xenia Hotels & Resorts by 1.8% during the 3rd quarter. State Street Corp now owns 6,152,028 shares of the real estate investment trust’s stock worth $91,597,000 after purchasing an additional 108,798 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its holdings in Xenia Hotels & Resorts by 47.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 198,545 shares of the real estate investment trust’s stock worth $2,933,000 after purchasing an additional 63,490 shares during the last quarter. 92.43% of the stock is currently owned by institutional investors and hedge funds.

About Xenia Hotels & Resorts

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.