Wells Fargo & Company Forecasts Strong Price Appreciation for Xenia Hotels & Resorts (NYSE:XHR) Stock

Xenia Hotels & Resorts (NYSE:XHR) had its price objective lifted by equities researchers at Wells Fargo & Company from $16.00 to $18.00 in a report issued on Monday,Benzinga reports. The firm presently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 3.00% from the company’s previous close.

Other research analysts have also issued research reports about the stock. BMO Capital Markets reiterated an “outperform” rating and issued a $19.00 price target on shares of Xenia Hotels & Resorts in a research note on Monday, May 4th. Weiss Ratings upgraded shares of Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $18.00.

Xenia Hotels & Resorts Stock Performance

Xenia Hotels & Resorts stock traded up $0.11 during mid-day trading on Monday, hitting $17.48. 55,650 shares of the company’s stock traded hands, compared to its average volume of 720,469. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.05 and a quick ratio of 2.05. The firm has a 50 day simple moving average of $15.95 and a two-hundred day simple moving average of $15.16. Xenia Hotels & Resorts has a fifty-two week low of $11.75 and a fifty-two week high of $17.75. The stock has a market cap of $1.61 billion, a price-to-earnings ratio of 24.96 and a beta of 1.17.

Xenia Hotels & Resorts (NYSE:XHR) last released its quarterly earnings data on Friday, May 1st. The real estate investment trust reported $0.21 EPS for the quarter, beating the consensus estimate of $0.18 by $0.03. The firm had revenue of $295.41 million for the quarter, compared to the consensus estimate of $291.33 million. Xenia Hotels & Resorts had a net margin of 6.20% and a return on equity of 5.53%. The company’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.51 earnings per share. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. On average, research analysts expect that Xenia Hotels & Resorts will post 1.81 EPS for the current fiscal year.

Insider Activity

In other news, insider Atish Shah sold 120,000 shares of the business’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $17.00, for a total value of $2,040,000.00. Following the completion of the sale, the insider owned 250,805 shares of the company’s stock, valued at approximately $4,263,685. The trade was a 32.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 4.40% of the company’s stock.

Hedge Funds Weigh In On Xenia Hotels & Resorts

A number of hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in Xenia Hotels & Resorts by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 17,267,751 shares of the real estate investment trust’s stock worth $236,914,000 after purchasing an additional 555,195 shares in the last quarter. Wellington Management Group LLP raised its holdings in Xenia Hotels & Resorts by 3.1% in the 3rd quarter. Wellington Management Group LLP now owns 9,044,142 shares of the real estate investment trust’s stock valued at $124,086,000 after acquiring an additional 273,876 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in Xenia Hotels & Resorts by 30.6% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,704,360 shares of the real estate investment trust’s stock valued at $37,104,000 after acquiring an additional 633,820 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Xenia Hotels & Resorts by 2.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,345,600 shares of the real estate investment trust’s stock valued at $33,167,000 after acquiring an additional 49,979 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in shares of Xenia Hotels & Resorts by 3.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,276,448 shares of the real estate investment trust’s stock valued at $31,233,000 after acquiring an additional 79,685 shares during the period. 92.43% of the stock is owned by institutional investors.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts is a self-administered real estate investment trust (REIT) that specializes in owning, operating and acquiring premium full-service hotels across the United States. The company’s portfolio emphasizes upper-upscale and luxury properties, partnering with leading hotel brands to deliver a distinctive guest experience while targeting markets with strong leisure and corporate demand.

Founded as a spin-off from Marriott International in September 2016, Xenia has built a diversified collection of full-service hotels and resorts in key U.S.