Xenia Hotels & Resorts (NYSE:XHR) Upgraded at Wells Fargo & Company

Xenia Hotels & Resorts (NYSE:XHRGet Free Report) was upgraded by equities researchers at Wells Fargo & Company to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports.

XHR has been the topic of a number of other reports. BMO Capital Markets restated an “outperform” rating and set a $21.00 price target on shares of Xenia Hotels & Resorts in a research note on Friday, June 12th. Weiss Ratings raised Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. Finally, KeyCorp boosted their price objective on Xenia Hotels & Resorts from $16.00 to $21.00 and gave the company an “overweight” rating in a report on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $20.25.

Read Our Latest Stock Analysis on XHR

Xenia Hotels & Resorts Price Performance

Shares of XHR opened at $21.49 on Thursday. Xenia Hotels & Resorts has a 1-year low of $11.75 and a 1-year high of $21.66. The stock has a market cap of $1.98 billion, a PE ratio of 30.70 and a beta of 1.14. The firm has a 50-day simple moving average of $19.29 and a two-hundred day simple moving average of $16.75. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.05 and a quick ratio of 2.05.

Xenia Hotels & Resorts (NYSE:XHRGet Free Report) last issued its quarterly earnings data on Friday, May 1st. The real estate investment trust reported $0.21 EPS for the quarter, topping the consensus estimate of $0.18 by $0.03. The firm had revenue of $295.41 million for the quarter, compared to analyst estimates of $291.33 million. Xenia Hotels & Resorts had a net margin of 6.20% and a return on equity of 5.53%. The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.51 EPS. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. As a group, analysts forecast that Xenia Hotels & Resorts will post 1.81 EPS for the current year.

Insiders Place Their Bets

In related news, insider Atish Shah sold 120,000 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $17.00, for a total transaction of $2,040,000.00. Following the sale, the insider directly owned 250,805 shares of the company’s stock, valued at $4,263,685. This represents a 32.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 4.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Xenia Hotels & Resorts

Several institutional investors have recently modified their holdings of the business. Wellington Management Group LLP increased its position in shares of Xenia Hotels & Resorts by 3.1% during the third quarter. Wellington Management Group LLP now owns 9,044,142 shares of the real estate investment trust’s stock worth $124,086,000 after acquiring an additional 273,876 shares during the period. Arrowstreet Capital Limited Partnership grew its stake in Xenia Hotels & Resorts by 30.6% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,704,360 shares of the real estate investment trust’s stock worth $37,104,000 after purchasing an additional 633,820 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in 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 worth $33,167,000 after purchasing an additional 49,979 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Xenia Hotels & Resorts by 2.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,374,459 shares of the real estate investment trust’s stock worth $18,859,000 after purchasing an additional 32,635 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its holdings in Xenia Hotels & Resorts by 40.2% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,360,082 shares of the real estate investment trust’s stock worth $19,898,000 after purchasing an additional 390,145 shares during the period. Institutional investors and hedge funds own 92.43% of the company’s stock.

About Xenia Hotels & Resorts

(Get Free Report)

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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