Ieq Capital LLC bought a new position in Xenia Hotels & Resorts, Inc. (NYSE:XHR – Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The firm bought 41,879 shares of the real estate investment trust’s stock, valued at approximately $853,000.
A number of other large investors have also recently modified their holdings of XHR. Global Retirement Partners LLC bought a new position in Xenia Hotels & Resorts in the second quarter worth about $26,000. Transamerica Financial Advisors LLC boosted its position in Xenia Hotels & Resorts by 459.8% during the 4th quarter. Transamerica Financial Advisors LLC now owns 1,948 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 1,600 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Xenia Hotels & Resorts during the 4th quarter valued at approximately $33,000. Allworth Financial LP purchased a new position in shares of Xenia Hotels & Resorts during the 2nd quarter worth approximately $37,000. Finally, Mcguire Capital Advisors Inc. purchased a new position in shares of Xenia Hotels & Resorts during the 4th quarter worth approximately $55,000. Institutional investors own 92.43% of the company’s stock.
Xenia Hotels & Resorts Trading Up 0.1%
Shares of NYSE XHR opened at $19.32 on Friday. The firm’s 50 day moving average price is $20.16 and its 200-day moving average price is $17.59. The company has a market cap of $1.78 billion, a PE ratio of -276.02 and a beta of 1.15. Xenia Hotels & Resorts, Inc. has a 52-week low of $11.75 and a 52-week high of $22.06. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.47 and a current ratio of 2.47.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the company. KeyCorp raised their target price on Xenia Hotels & Resorts from $16.00 to $21.00 and gave the company an “overweight” rating in a research note on Thursday, June 11th. Wells Fargo & Company upped their price target on Xenia Hotels & Resorts from $18.00 to $22.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. BMO Capital Markets reiterated an “outperform” rating and issued a $21.00 price objective on shares of Xenia Hotels & Resorts in a report on Friday, June 12th. Finally, Weiss Ratings lowered Xenia Hotels & Resorts from a “hold (c+)” rating to a “hold (c-)” rating in a research report on Thursday, August 13th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $20.25.
Get Our Latest Research Report on XHR
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.
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