Xenia Hotels & Resorts (NYSE:XHR) Raised 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 note issued to investors on Saturday.

XHR has been the topic of a number of other research reports. Jefferies Financial Group boosted their target price on shares of Xenia Hotels & Resorts from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday, January 2nd. Wells Fargo & Company upped their price objective 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. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Xenia Hotels & Resorts presently has an average rating of “Moderate Buy” and an average price target of $17.63.

Xenia Hotels & Resorts Trading Up 0.8 %

Shares of XHR stock opened at $14.95 on Friday. Xenia Hotels & Resorts has a fifty-two week low of $12.34 and a fifty-two week 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 stock has a 50 day simple moving average of $15.18 and a two-hundred day simple moving average of $14.62. The company has a market cap of $1.52 billion, a P/E ratio of 65.00 and a beta of 1.50.

Institutional Investors Weigh In On Xenia Hotels & Resorts

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Xenia Hotels & Resorts by 51.5% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 66,068 shares of the real estate investment trust’s stock valued at $982,000 after purchasing an additional 22,463 shares during the last quarter. AlphaQuest LLC boosted its position in shares of Xenia Hotels & Resorts by 11.7% during the fourth quarter. AlphaQuest LLC now owns 26,945 shares of the real estate investment trust’s stock valued at $400,000 after buying an additional 2,828 shares during the last quarter. Amundi grew its holdings in Xenia Hotels & Resorts by 32.0% during the fourth quarter. Amundi now owns 102,956 shares of the real estate investment trust’s stock worth $1,514,000 after buying an additional 24,978 shares in the last quarter. Vestmark Advisory Solutions Inc. purchased a new stake in Xenia Hotels & Resorts in the 4th quarter valued at $160,000. Finally, Raymond James Financial Inc. bought a new position in Xenia Hotels & Resorts during the 4th quarter valued at $324,000. 92.43% of the stock is owned by institutional investors.

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.