Shares of Xenia Hotels & Resorts Inc (NYSE:XHR) have earned a consensus recommendation of “Buy” from the nine analysts that are currently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $21.40.

A number of research firms have commented on XHR. Zacks Investment Research upgraded shares of Xenia Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Sunday, January 21st. ValuEngine downgraded shares of Xenia Hotels & Resorts from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 2nd. B. Riley reiterated a “hold” rating and set a $23.00 price objective on shares of Xenia Hotels & Resorts in a research note on Thursday, November 9th. Finally, FBR & Co began coverage on shares of Xenia Hotels & Resorts in a research note on Friday, October 27th. They set a “neutral” rating and a $23.00 price objective on the stock.

Several institutional investors have recently bought and sold shares of XHR. Principal Financial Group Inc. lifted its position in shares of Xenia Hotels & Resorts by 7.1% in the 2nd quarter. Principal Financial Group Inc. now owns 21,041 shares of the real estate investment trust’s stock worth $408,000 after buying an additional 1,388 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of Xenia Hotels & Resorts by 25.5% in the 2nd quarter. Wells Fargo & Company MN now owns 129,736 shares of the real estate investment trust’s stock worth $2,513,000 after buying an additional 26,334 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Xenia Hotels & Resorts by 128.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 412,557 shares of the real estate investment trust’s stock worth $7,993,000 after buying an additional 232,358 shares during the last quarter. Amalgamated Bank lifted its position in shares of Xenia Hotels & Resorts by 5.0% in the 2nd quarter. Amalgamated Bank now owns 13,657 shares of the real estate investment trust’s stock worth $265,000 after buying an additional 652 shares during the last quarter. Finally, New York State Common Retirement Fund lifted its position in shares of Xenia Hotels & Resorts by 12.5% in the 2nd quarter. New York State Common Retirement Fund now owns 118,908 shares of the real estate investment trust’s stock worth $2,303,000 after buying an additional 13,207 shares during the last quarter. Institutional investors own 68.55% of the company’s stock.

Xenia Hotels & Resorts (NYSE:XHR) traded up $0.08 during midday trading on Friday, reaching $20.08. 468,888 shares of the company’s stock were exchanged, compared to its average volume of 413,865. Xenia Hotels & Resorts has a 12-month low of $16.21 and a 12-month high of $22.76. The company has a quick ratio of 6.86, a current ratio of 6.86 and a debt-to-equity ratio of 0.78. The company has a market cap of $2,134.60, a P/E ratio of 9.62, a price-to-earnings-growth ratio of 1.99 and a beta of 0.77.

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Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc (Xenia) is a self-advised and self-administered real estate investment trust (REIT). The Company invests in premium full service, lifestyle and urban upscale hotels, with a focus on var ious markets, as well as leisure destinations in the United States. As of October 4, 2017, the Company owned 39 hotels, 37 of which are completely owned, comprising 11,533 rooms, across 18 states and the District of Columbia, including a majority interest in two hotels owned through two investments in real estate entities.

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

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