Xenia Hotels & Resorts, Inc. (NYSE:XHR) Receives $20.75 Average Price Target From Brokerages


Shares of Xenia Hotels & Resorts, Inc. (NYSE: XHRGet a rating) received a consensus rating of “Hold” from the eight analysts who currently cover the stock, MarketBeat.com reports. One research analyst rated the stock with a sell rating, three assigned a hold rating and three issued a buy rating on the company. The 12-month average price target among brokerages that have covered the stock over the past year is $20.75.

XHR has been the subject of several analyst reports. Oppenheimer began covering Xenia Hotels & Resorts in a research report on Thursday, April 21. They set a “market performance” rating and a target price of $20.00 for the business. Zacks Investment Research lowered Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Friday. TheStreet upgraded Xenia Hotels & Resorts from a “d+” to a “c-” rating in a research report on Thursday, March 3. To finish, StockNews.com lowered Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a Friday, April 29 research report.

In other news, Insider Barry AN Bloom sold 25,000 shares of the company in a trade dated Wednesday, April 13. The stock was sold at an average price of $19.10, for a total value of $477,500.00. Following the completion of the sale, the insider now directly owns 267,741 shares of the company, valued at approximately $5,113,853.10. The sale was disclosed in a document filed with the SEC, accessible via this link. Insiders of the company own 2.40% of the shares of the company.

Hedge funds have recently increased or reduced their stakes in the company. Allegheny Financial Group LTD acquired a new position in Xenia Hotels & Resorts during Q4, valued at approximately $58,000. CWM LLC bought a new stock position in Xenia Hotels & Resorts in Q4 for a value of approximately $85,000. Van ECK Associates Corp increased its stake in shares of Xenia Hotels & Resorts by 15.6% in the third quarter. Van ECK Associates Corp now owns 5,313 shares of the real estate investment trust worth $94,000 after buying 717 additional shares in the last quarter. Prospera Financial Services Inc bought a new stock position in Xenia Hotels & Resorts in Q1 worth approximately $143,000. Finally, Schroder Investment Management Group increased its stake in the shares of Xenia Hotels & Resorts by 31.6% in the 4th quarter. Schroder Investment Management Group now owns 7,450 shares of the real estate investment trust worth $135,000 after buying 1,788 additional shares in the last quarter. Institutional investors and hedge funds hold 85.53% of the company’s shares.

Shares of XHR opened at $18.53 on Friday. Xenia Hotels & Resorts has a 52-week minimum of $15.15 and a 52-week maximum of $21.04. The company has a market capitalization of $2.12 billion, a PE ratio of -22.88 and a beta of 1.42. The company has a quick ratio of 6.93, a current ratio of 2.75 and a leverage ratio of 0.99. The company has a fifty-day moving average price of $18.89.

Xenia Hotels & Resorts (NYSE: XHRGet a rating) last announced its results on Tuesday, May 3. The real estate investment trust reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 per ($0.21). The company posted revenue of $210.35 million for the quarter, versus a consensus estimate of $196.58 million. Xenia Hotels & Resorts recorded a negative return on equity of 6.37% and a negative net margin of 12.52%. The company’s revenue for the quarter increased 139.3% year over year. In the same period of the previous year, the company had earned earnings per share of ($0.18). On average, research analysts expect Xenia Hotels & Resorts to post 1.2 earnings per share for the current fiscal year.

About Xenia Hotels & Resorts (Get a rating)

Xenia Hotels & Resorts, Inc is a self-administered, self-administered REIT that invests in uniquely positioned luxury and upscale hotels and resorts, focusing on the top 25 lodging markets in the United States as well as major leisure destinations in the United States. The Company owns 37 hotels with 10,749 rooms in 16 states.

Further reading

Analyst Recommendations for Xenia Hotels & Resorts (NYSE: XHR)



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