Xenia Hotels & Resorts (NYSE:XHR – GetRating) was downgraded by StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.
XHR has been the topic of several other research reports. The Street upgraded Xenia Hotels & Resorts from a “d+” rating to a “c-” rating in a research report on Thursday, March 3rd. Zacks Investment Research cut Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Saturday, January 8th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $20.80.
Xenia Hotels & Resorts stock opened at $18.70 on Friday. Xenia Hotels & Resorts has a fifty-two week low of $15.15 and a fifty-two week high of $21.40. The company has a debt-to-equity ratio of 1.04, a quick ratio of 6.42 and a current ratio of 6.93. The company has a market capitalization of $2.14 billion, a P/E ratio of -14.84 and a beta of 1.53. The stock has a 50-day simple moving average of $18.13 and a 200-day simple moving average of $17.73.
(Ad)
Mycotopia and Ei. Ventures are applying to join together to provide plant-based treatments to the world.
Xenia Hotels & Resorts (NYSE:XHR – GetRating) last posted its earnings results on Tuesday, March 1st. The real estate investment trust reported ($0.20) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.35). Xenia Hotels & Resorts had a negative net margin of 23.29% and a negative return on equity of 9.76%. The firm had revenue of $203.60 million during the quarter, compared to analysts’ expectations of $182.89 million. During the same period in the previous year, the firm posted ($0.24) earnings per share. The firm’s revenue for the quarter was up 169.0% on a year-over-year basis. As a group, analysts forecast that Xenia Hotels & Resorts will post 1.19 earnings per share for the current year.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sumitomo Mitsui Trust Holdings Inc. increased its position in Xenia Hotels & Resorts by 0.4% during the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 161,939 shares of the real estate investment trust’s stock worth $2,873,000 after purchasing an additional 614 shares during the period. Thrivent Financial for Lutherans grew its holdings in shares of Xenia Hotels & Resorts by 0.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 92,945 shares of the real estate investment trust’s stock worth $1,683,000 after acquiring an additional 629 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in shares of Xenia Hotels & Resorts by 5.6% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 12,627 shares of the real estate investment trust’s stock worth $229,000 after acquiring an additional 666 shares during the period. Advisor Partners LLC grew its holdings in shares of Xenia Hotels & Resorts by 6.2% in the 4th quarter. Advisor Partners LLC now owns 12,171 shares of the real estate investment trust’s stock worth $221,000 after acquiring an additional 715 shares during the period. Finally, Van ECK Associates Corp grew its holdings in shares of Xenia Hotels & Resorts by 15.6% in the 3rd quarter. Van ECK Associates Corp now owns 5,313 shares of the real estate investment trust’s stock worth $94,000 after acquiring an additional 717 shares during the period. Institutional investors own 84.31% of the company’s stock.
Xenia Hotels & Resorts Company Profile (GetRating)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in Xenia Hotels & Resorts right now?
Before you consider Xenia Hotels & Resorts, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Xenia Hotels & Resorts wasn’t on the list.
While Xenia Hotels & Resorts currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
