Xenia Lodges & Resorts, Inc. (NYSE:XHR) Sees Massive Lower in Quick Curiosity

Xenia Hotels & Resorts, Inc. (NYSE: XHR) was targeted for a sharp fall in short positions in December. As of December 15, there was short interest totaling 1,850,000 shares, a decrease of 20.3% from the total of 2,320,000 shares as of November 30. With an average trading volume of 609,400 shares, the day-to-cover ratio is currently 3.0 days. Currently 1.6% of the company’s shares are being sold short.

In related news, insider Joseph T. Johnson sold 3,070 shares of Xenia Hotels & Resorts in one transaction on Friday, November 5th. The shares were sold at an average price of $ 20.00 for a total transaction of $ 61,400.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insider too Barry AN Bloom sold 50,000 shares of Xenia Hotels & Resorts in one transaction on Wednesday, November 10th. The stock sold at an average price of $ 19.22 for a total transaction of $ 961,000.00. The disclosure for this sale can be found here. Insiders own 2.40% of the company’s stock.

Several institutional investors recently changed their positions in XHR. Strategic Blueprint LLC acquired a new stake in Xenia Hotels & Resorts worth around USD 51,000 in the second quarter. AdvisorNet Financial Inc increased its position in Xenia Hotels & Resorts by 30.6% in the 3rd quarter. AdvisorNet Financial Inc now owns 3,357 shares in the real estate investment trust valued at $ 60,000 after purchasing an additional 786 shares last quarter. Van ECK Associates Corp increased its position in Xenia Hotels & Resorts by 15.6% in the third quarter. Van ECK Associates Corp now owns 5,313 shares in the real estate investment trust valued at $ 94,000 after purchasing an additional 717 shares last quarter. Harvest Fund Management Co. Ltd increased its position in Xenia Hotels & Resorts by 81.0% in the 2nd quarter. Harvest Fund Management Co. Ltd now owns 6,075 shares of the real estate investment trust valued at $ 112,000 after purchasing an additional 2,718 shares last quarter. Finally, PNC Financial Services Group Inc. increased its position in Xenia Hotels & Resorts by 8.3% in the second quarter. PNC Financial Services Group Inc. now owns 7,857 shares in the real estate investment trust valued at $ 147,000 after purchasing an additional 600 shares last quarter. Institutional investors and hedge funds own 85.21% of the company’s stock.

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Shares in NYSE: XHR rose $ 0.44 during Friday’s trading to hit $ 18.36. 609,210 shares of the company were traded in hands, compared to an average volume of 574,882. The stock has a market cap of $ 2.10 billion, a P / E of -21.86, and a beta of 1.58. The company has a Leverage Ratio of 1.03, a current ratio of 6.42, and a quick ratio of 6.42. The company has a 50-day moving average of $ 17.64 and a 200-day moving average of $ 17.76. Xenia Hotels & Resorts has a 12-month low of $ 14.15 and a 12-month high of $ 21.40.

Xenia Hotels & Resorts (NYSE: XHR) last announced its earnings results on Tuesday, November 2nd. The Real Estate Investment Trust reported earnings per share (EPS) for the quarter ($ 0.20), meeting analysts’ consensus estimate of $ 0.20. The company had revenue of $ 172.78 million for the quarter, compared to analyst expectations of $ 169.98 million. Xenia Hotels & Resorts had a negative net margin of 19.72% and a negative return on equity of 6.41%. For the same quarter last year, the company had earnings per share ($ 0.27). Research analysts for stocks predict that Xenia Hotels & Resorts will achieve earnings per share of 0.12 for the current fiscal year.

Several equity research analysts recently released reports on XHR stocks. Zacks Investment Research downgraded Xenia Hotels & Resorts’ shares from a “buy” rating to a “hold” rating in a research release on Saturday. Jefferies Financial Group confirmed a “Buy” rating in a research release on Friday October 1st and set a price target of USD 22.00 for the shares of Xenia Hotels & Resorts. Finally, Raymond James raised his price target for the share of Xenia Hotels & Resorts from USD 20.00 to USD 21.00 and rated the share as “outperform” in a research report on Thursday, November 4th. One analyst rated the stock with a sell rating, two with a hold rating, and three with a buy rating. The company currently has an average “Hold” rating and an average price target of $ 19.67, according to MarketBeat.

About Xenia Hotels & Resorts

Xenia Hotels & Resorts, Inc. is a real estate investment trust investing in luxury and upscale hotels and resorts. It also owns a diversified portfolio of properties operated by Marriott, Kimpton, Hyatt, Aston, Fairmong and Loews. The company was founded in 2007 and is headquartered in Orlando, FL.

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