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

Xenia Hotels & Resorts (NYSE:XHR) was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating in a research report issued on Wednesday.

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

Xenia Hotels & Resorts Stock Down 1.1 %

NYSE:XHR traded down $0.16 on Wednesday, hitting $14.51. The stock had a trading volume of 873,782 shares, compared to its average volume of 606,637. The business’s fifty day moving average is $14.94 and its 200 day moving average is $14.65. The company has a market cap of $1.48 billion, a PE ratio of 63.07 and a beta of 1.50. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 1.07. Xenia Hotels & Resorts has a 52 week low of $12.34 and a 52 week high of $16.50.

Institutional Trading of Xenia Hotels & Resorts

Several institutional investors and hedge funds have recently modified their holdings of XHR. Alyeska Investment Group L.P. raised its stake in shares of Xenia Hotels & Resorts by 258.8% in the fourth quarter. Alyeska Investment Group L.P. now owns 1,655,365 shares of the real estate investment trust’s stock worth $24,599,000 after purchasing an additional 1,193,990 shares during the last quarter. Mesirow Institutional Investment Management Inc. purchased a new stake in shares of Xenia Hotels & Resorts during the fourth quarter valued at approximately $15,982,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Xenia Hotels & Resorts by 370.5% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 718,961 shares of the real estate investment trust’s stock valued at $10,619,000 after acquiring an additional 566,144 shares during the last quarter. Invesco Ltd. increased its position in shares of Xenia Hotels & Resorts by 73.5% during the fourth quarter. Invesco Ltd. now owns 1,126,703 shares of the real estate investment trust’s stock valued at $16,743,000 after acquiring an additional 477,231 shares during the last quarter. Finally, Wellington Management Group LLP increased its position in shares of Xenia Hotels & Resorts by 5.0% during the third quarter. Wellington Management Group LLP now owns 9,705,769 shares of the real estate investment trust’s stock valued at $143,354,000 after acquiring an additional 465,141 shares during the last quarter. 92.43% of the stock is owned by hedge funds and other 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.