Shares of Xenia Hotels & Resorts Inc (NYSE:XHR) have been given an average recommendation of “Hold” by the six analysts that are covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $22.50.

XHR has been the topic of a number of recent research reports. Zacks Investment Research lowered Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Friday. KeyCorp initiated coverage on Xenia Hotels & Resorts in a research note on Tuesday, June 25th. They issued an “overweight” rating and a $24.00 target price on the stock. Finally, B. Riley set a $24.00 target price on Xenia Hotels & Resorts and gave the company a “hold” rating in a research note on Friday, May 3rd.

A number of hedge funds have recently bought and sold shares of XHR. CWM LLC increased its holdings in shares of Xenia Hotels & Resorts by 11.8% during the 2nd quarter. CWM LLC now owns 4,925 shares of the real estate investment trust’s stock worth $103,000 after purchasing an additional 520 shares during the period. Raymond James Trust N.A. increased its holdings in shares of Xenia Hotels & Resorts by 4.8% during the 1st quarter. Raymond James Trust N.A. now owns 13,528 shares of the real estate investment trust’s stock worth $296,000 after purchasing an additional 625 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its holdings in shares of Xenia Hotels & Resorts by 3.2% during the 1st quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 21,840 shares of the real estate investment trust’s stock worth $479,000 after purchasing an additional 668 shares during the period. Nomura Asset Management Co. Ltd. increased its holdings in shares of Xenia Hotels & Resorts by 0.9% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 78,111 shares of the real estate investment trust’s stock worth $1,628,000 after purchasing an additional 700 shares during the period. Finally, Profund Advisors LLC increased its holdings in shares of Xenia Hotels & Resorts by 4.6% during the 2nd quarter. Profund Advisors LLC now owns 16,822 shares of the real estate investment trust’s stock worth $351,000 after purchasing an additional 740 shares during the period. 87.32% of the stock is currently owned by hedge funds and other institutional investors.

XHR stock traded up $0.04 on Wednesday, reaching $20.69. The company had a trading volume of 11,398 shares, compared to its average volume of 715,245. Xenia Hotels & Resorts has a 1 year low of $16.47 and a 1 year high of $24.63. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.40 and a current ratio of 2.40. The company’s fifty day moving average is $21.10 and its 200 day moving average is $20.87. The company has a market cap of $2.28 billion, a P/E ratio of 9.32, a PEG ratio of 1.88 and a beta of 1.01.

Xenia Hotels & Resorts (NYSE:XHR) last posted its earnings results on Thursday, August 1st. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.03. Xenia Hotels & Resorts had a return on equity of 7.82% and a net margin of 12.44%. The firm had revenue of $304.30 million for the quarter, compared to analyst estimates of $292.57 million. During the same quarter in the prior year, the company earned $0.66 EPS. Xenia Hotels & Resorts’s revenue was up 9.8% on a year-over-year basis. On average, sell-side analysts predict that Xenia Hotels & Resorts will post 2.15 earnings per share for the current year.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc is a self-advised and self-administered REIT that invests primarily in uniquely positioned luxury and upper upscale hotels and resorts, with a focus on the top 25 U.S. lodging markets as well as key leisure destinations in the United States. The Company owns 40 hotels comprising 11,167 rooms across 17 states.

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