Xenia Hotels & Resorts (NYSE:XHR) Downgraded to “Sell” Rating by StockNews.com

StockNews.com downgraded shares of Xenia Hotels & Resorts (NYSE:XHR) from a hold rating to a sell rating in a report published on Wednesday.

XHR has been the topic of a number of other research reports. Wells Fargo & Company cut their price objective on shares of Xenia Hotels & Resorts from $18.00 to $17.00 and set an “overweight” rating on the stock in a research report on Tuesday. Jefferies Financial Group upped their price target on shares of Xenia Hotels & Resorts from $18.00 to $20.00 and gave the company a “buy” rating in a report on Thursday, January 2nd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $17.38.

Xenia Hotels & Resorts Stock Down 1.1 %

Shares of NYSE:XHR opened at $14.51 on Wednesday. The company has a market cap of $1.48 billion, a price-to-earnings ratio of 63.07 and a beta of 1.50. Xenia Hotels & Resorts has a 12 month low of $12.34 and a 12 month high of $16.50. 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 company has a 50-day moving average price of $14.94 and a 200 day moving average price of $14.65.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. GF Fund Management CO. LTD. purchased a new stake in Xenia Hotels & Resorts in the 4th quarter valued at about $28,000. Smartleaf Asset Management LLC boosted its holdings in shares of Xenia Hotels & Resorts by 500.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,988 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 1,657 shares during the period. Creekmur Asset Management LLC bought a new position in Xenia Hotels & Resorts in the fourth quarter worth approximately $30,000. Loomis Sayles & Co. L P increased its holdings in Xenia Hotels & Resorts by 3,146.0% during the 3rd quarter. Loomis Sayles & Co. L P now owns 2,045 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 1,982 shares during the period. Finally, Fifth Third Bancorp raised its position in Xenia Hotels & Resorts by 2,492.9% during the 4th quarter. Fifth Third Bancorp now owns 2,541 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 2,443 shares in the last quarter. 92.43% of the stock is currently 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.