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

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

Separately, Wells Fargo & Company increased their price target on Xenia Hotels & Resorts from $17.00 to $18.00 and gave the company an “overweight” rating in a report on Monday, December 9th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Xenia Hotels & Resorts presently has an average rating of “Moderate Buy” and an average price target of $17.13.

Xenia Hotels & Resorts Stock Up 0.1 %

NYSE:XHR traded up $0.01 on Monday, reaching $15.10. The stock had a trading volume of 965,659 shares, compared to its average volume of 789,816. The company has a 50-day moving average of $15.22 and a 200 day moving average of $14.49. 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 stock has a market cap of $1.54 billion, a P/E ratio of 65.66 and a beta of 1.52. Xenia Hotels & Resorts has a 12-month low of $12.34 and a 12-month high of $16.50.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of XHR. Geode Capital Management LLC lifted its position in shares of Xenia Hotels & Resorts by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 2,649,168 shares of the real estate investment trust’s stock worth $39,135,000 after buying an additional 60,323 shares during the last quarter. Victory Capital Management Inc. raised its stake in Xenia Hotels & Resorts by 182.7% during the second quarter. Victory Capital Management Inc. now owns 63,235 shares of the real estate investment trust’s stock worth $906,000 after acquiring an additional 40,868 shares during the period. Barclays PLC lifted its holdings in Xenia Hotels & Resorts by 295.7% in the third quarter. Barclays PLC now owns 173,062 shares of the real estate investment trust’s stock worth $2,555,000 after acquiring an additional 129,328 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Xenia Hotels & Resorts by 2.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,331,970 shares of the real estate investment trust’s stock valued at $34,443,000 after acquiring an additional 59,212 shares during the period. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of Xenia Hotels & Resorts during the second quarter valued at approximately $2,345,000. Institutional investors own 92.43% of the company’s stock.

About Xenia Hotels & Resorts

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.