Xenia Hotels & Resorts (NYSE:XHR) Stock Rating Upgraded by Wells Fargo & Company

Xenia Hotels & Resorts (NYSE:XHR) was upgraded by stock analysts at Wells Fargo & Company to a “strong-buy” rating in a report issued on Thursday,Zacks.com reports.

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

Xenia Hotels & Resorts Trading Up 2.2%

XHR stock opened at $21.49 on Thursday. The company has a market capitalization of $1.98 billion, a PE ratio of 30.70 and a beta of 1.14. Xenia Hotels & Resorts has a 12 month low of $11.75 and a 12 month high of $21.66. The firm’s 50-day moving average is $19.29 and its 200 day moving average is $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:XHR) last announced its quarterly earnings data on Friday, May 1st. The real estate investment trust reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.03. The company had revenue of $295.41 million during 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 firm’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter last year, the business posted $0.51 EPS. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. On average, research analysts anticipate that Xenia Hotels & Resorts will post 1.81 EPS for the current year.

Insider Buying and Selling at Xenia Hotels & Resorts

In other news, insider Atish Shah sold 120,000 shares of Xenia Hotels & Resorts stock in a transaction that occurred on 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 transaction, the insider owned 250,805 shares of the company’s stock, valued at $4,263,685. The trade was a 32.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 4.40% of the company’s stock.

Institutional Investors Weigh In On Xenia Hotels & Resorts

Several institutional investors have recently bought and sold shares of the company. Royal Bank of Canada increased its position in shares of Xenia Hotels & Resorts by 18.9% during the first quarter. Royal Bank of Canada now owns 31,100 shares of the real estate investment trust’s stock worth $366,000 after purchasing an additional 4,950 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Xenia Hotels & Resorts by 75.0% during the 1st quarter. AQR Capital Management LLC now owns 39,894 shares of the real estate investment trust’s stock valued at $469,000 after purchasing an additional 17,097 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Xenia Hotels & Resorts by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,617 shares of the real estate investment trust’s stock worth $713,000 after purchasing an additional 2,633 shares in the last quarter. Jane Street Group LLC grew its stake in Xenia Hotels & Resorts by 85.0% during the 1st quarter. Jane Street Group LLC now owns 93,661 shares of the real estate investment trust’s stock worth $1,101,000 after buying an additional 43,026 shares during the last quarter. Finally, Creative Planning purchased a new position in Xenia Hotels & Resorts during the 2nd quarter worth $230,000. 92.43% of the stock is currently owned by institutional investors and hedge funds.

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.