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

Xenia Hotels & Resorts (NYSE:XHR) was downgraded by equities researchers at StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday.

Several other equities analysts have also issued reports on the stock. Jefferies Financial Group lifted their price target on shares of Xenia Hotels & Resorts from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Thursday, January 2nd. Wells Fargo & Company upped their target price on Xenia Hotels & Resorts from $17.00 to $18.00 and gave the company an “overweight” rating in a research report on Monday, December 9th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $17.63.

Xenia Hotels & Resorts Stock Up 0.1 %

NYSE:XHR opened at $14.67 on Tuesday. The company’s 50-day simple moving average is $15.25 and its 200-day simple moving average is $14.51. The company has a debt-to-equity ratio of 1.07, a quick ratio of 2.20 and a current ratio of 2.20. Xenia Hotels & Resorts has a fifty-two week low of $12.34 and a fifty-two week high of $16.50. The stock has a market capitalization of $1.49 billion, a P/E ratio of 63.79 and a beta of 1.51.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Public Employees Retirement System of Ohio boosted its position in Xenia Hotels & Resorts by 0.4% in the third quarter. Public Employees Retirement System of Ohio now owns 255,662 shares of the real estate investment trust’s stock valued at $3,776,000 after buying an additional 962 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Xenia Hotels & Resorts by 34.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,958 shares of the real estate investment trust’s stock valued at $60,000 after acquiring an additional 1,023 shares during the last quarter. MML Investors Services LLC increased its stake in shares of Xenia Hotels & Resorts by 12.0% in the third quarter. MML Investors Services LLC now owns 12,451 shares of the real estate investment trust’s stock worth $184,000 after acquiring an additional 1,338 shares during the period. Daiwa Securities Group Inc. increased its stake in shares of Xenia Hotels & Resorts by 4.4% in the third quarter. Daiwa Securities Group Inc. now owns 33,728 shares of the real estate investment trust’s stock worth $498,000 after acquiring an additional 1,415 shares during the period. Finally, Commonwealth Equity Services LLC raised its holdings in shares of Xenia Hotels & Resorts by 0.9% during the second quarter. Commonwealth Equity Services LLC now owns 195,455 shares of the real estate investment trust’s stock worth $2,801,000 after purchasing an additional 1,699 shares during the last quarter. 92.43% of the stock is owned by institutional investors and hedge funds.

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.