Xenia Hotels & Resorts (NYSE:XHR) had its price target trimmed by Wells Fargo & Co from $26.00 to $25.00 in a report issued on Tuesday morning. They currently have a market perform rating on the real estate investment trust’s stock.

A number of other brokerages have also commented on XHR. ValuEngine lowered Xenia Hotels & Resorts from a buy rating to a hold rating in a report on Friday, June 8th. TheStreet upgraded Xenia Hotels & Resorts from a c+ rating to a b rating in a report on Friday, May 4th. Zacks Investment Research upgraded Xenia Hotels & Resorts from a hold rating to a buy rating and set a $27.00 price target for the company in a report on Wednesday, May 23rd. Morgan Stanley upped their price target on Xenia Hotels & Resorts from $21.00 to $22.00 and gave the stock an equal weight rating in a report on Friday, August 3rd. Finally, Jefferies Financial Group initiated coverage on Xenia Hotels & Resorts in a report on Thursday, May 31st. They set a buy rating and a $29.00 price target for the company. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of Buy and an average price target of $24.88.

Shares of XHR stock opened at $24.30 on Tuesday. Xenia Hotels & Resorts has a 12 month low of $19.08 and a 12 month high of $25.90. The company has a market cap of $2.71 billion, a PE ratio of 11.69, a price-to-earnings-growth ratio of 1.93 and a beta of 0.92. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.45 and a quick ratio of 3.45.

Xenia Hotels & Resorts (NYSE:XHR) last issued its quarterly earnings results on Thursday, August 2nd. The real estate investment trust reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.37). Xenia Hotels & Resorts had a return on equity of 6.23% and a net margin of 10.33%. The business had revenue of $277.10 million for the quarter, compared to analyst estimates of $272.14 million. During the same quarter last year, the firm earned $0.59 earnings per share. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. equities analysts anticipate that Xenia Hotels & Resorts will post 2.09 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in XHR. Sumitomo Mitsui Trust Holdings Inc. increased its position in shares of Xenia Hotels & Resorts by 7.0% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 103,877 shares of the real estate investment trust’s stock valued at $2,048,000 after purchasing an additional 6,833 shares during the period. SG Americas Securities LLC increased its position in shares of Xenia Hotels & Resorts by 68.6% during the first quarter. SG Americas Securities LLC now owns 15,963 shares of the real estate investment trust’s stock valued at $315,000 after purchasing an additional 6,494 shares during the period. Mackay Shields LLC bought a new stake in shares of Xenia Hotels & Resorts during the first quarter valued at approximately $3,385,000. Swiss National Bank increased its position in shares of Xenia Hotels & Resorts by 2.3% during the first quarter. Swiss National Bank now owns 185,880 shares of the real estate investment trust’s stock valued at $3,666,000 after purchasing an additional 4,100 shares during the period. Finally, LSV Asset Management increased its position in shares of Xenia Hotels & Resorts by 18.0% during the first quarter. LSV Asset Management now owns 4,446,848 shares of the real estate investment trust’s stock valued at $87,691,000 after purchasing an additional 679,100 shares during the period. Institutional investors and hedge funds own 76.38% of the company’s stock.

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

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