Wells Fargo & Company Increases Xenia Hotels & Resorts (NYSE:XHR) Price Target to $18.00

Xenia Hotels & Resorts (NYSE:XHR) had its price objective increased by research analysts at Wells Fargo & Company from $16.00 to $18.00 in a report released on Monday,Benzinga reports. The firm presently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price objective indicates a potential upside of 3.00% from the stock’s previous close.

XHR has been the topic of a number of other reports. BMO Capital Markets restated an “outperform” rating and set a $19.00 price objective on shares of Xenia Hotels & Resorts in a report on Monday, May 4th. Weiss Ratings raised Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $18.00.

Xenia Hotels & Resorts Trading Up 0.6%

Shares of NYSE XHR traded up $0.11 during midday trading on Monday, reaching $17.48. 55,650 shares of the stock were exchanged, compared to its average volume of 720,469. Xenia Hotels & Resorts has a 12 month low of $11.75 and a 12 month high of $17.75. The company has a market capitalization of $1.61 billion, a price-to-earnings ratio of 24.96 and a beta of 1.17. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.05 and a quick ratio of 2.05. The business has a 50-day simple moving average of $15.95 and a two-hundred day simple moving average of $15.16.

Xenia Hotels & Resorts (NYSE:XHR) last released its quarterly earnings data on Friday, May 1st. The real estate investment trust reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.03. The business had revenue of $295.41 million during the quarter, compared to analysts’ expectations of $291.33 million. Xenia Hotels & Resorts had a net margin of 6.20% and a return on equity of 5.53%. The firm’s quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.51 EPS. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. As a group, equities research analysts expect that Xenia Hotels & Resorts will post 1.81 EPS for the current year.

Insider Buying and Selling

In other news, insider Atish Shah sold 120,000 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $17.00, for a total transaction of $2,040,000.00. Following the completion of the transaction, the insider directly owned 250,805 shares in the company, valued at $4,263,685. This represents a 32.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 4.40% of the stock is owned by company insiders.

Institutional Trading of Xenia Hotels & Resorts

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. MAI Capital Management boosted its position in Xenia Hotels & Resorts by 475.6% during the third quarter. MAI Capital Management now owns 2,026 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 1,674 shares during the last quarter. Transamerica Financial Advisors LLC raised its stake in shares of Xenia Hotels & Resorts by 459.8% during the 4th quarter. Transamerica Financial Advisors LLC now owns 1,948 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 1,600 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Xenia Hotels & Resorts in the 4th quarter valued at approximately $33,000. Harbor Capital Advisors Inc. boosted its holdings in shares of Xenia Hotels & Resorts by 152.3% in the 4th quarter. Harbor Capital Advisors Inc. now owns 3,017 shares of the real estate investment trust’s stock valued at $43,000 after buying an additional 1,821 shares during the last quarter. Finally, Hantz Financial Services Inc. grew its stake in shares of Xenia Hotels & Resorts by 38.5% in the third quarter. Hantz Financial Services Inc. now owns 4,023 shares of the real estate investment trust’s stock valued at $55,000 after buying an additional 1,119 shares in the last quarter. Institutional investors and hedge funds own 92.43% of the company’s stock.

About Xenia Hotels & Resorts

Xenia Hotels & Resorts is a self-administered real estate investment trust (REIT) that specializes in owning, operating and acquiring premium full-service hotels across the United States. The company’s portfolio emphasizes upper-upscale and luxury properties, partnering with leading hotel brands to deliver a distinctive guest experience while targeting markets with strong leisure and corporate demand.

Founded as a spin-off from Marriott International in September 2016, Xenia has built a diversified collection of full-service hotels and resorts in key U.S.