Xenia Hotels & Resorts (XHR) Given Daily Media Impact Rating of 0.05

News articles about Xenia Hotels & Resorts (NYSE:XHR) have trended somewhat positive on Saturday, AlphaOne reports. The research firm, a service of Accern, identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Xenia Hotels & Resorts earned a media sentiment score of 0.05 on AlphaOne’s scale. AlphaOne also gave news headlines about the real estate investment trust an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an impact on the stock’s share price in the next several days.

Separately, Zacks Investment Research upgraded shares of Xenia Hotels & Resorts from a “sell” rating to a “hold” rating and set a $20.00 price target for the company in a research note on Saturday, May 13th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Xenia Hotels & Resorts currently has a consensus rating of “Hold” and an average price target of $19.25.

Xenia Hotels & Resorts (NYSE:XHR) traded up 0.45% on Friday, reaching $17.90. 947,487 shares of the company traded hands. The stock has a market capitalization of $1.91 billion, a price-to-earnings ratio of 18.92 and a beta of 0.84. Xenia Hotels & Resorts has a 1-year low of $14.84 and a 1-year high of $19.87. The stock’s 50-day moving average is $17.49 and its 200-day moving average is $17.80.

Xenia Hotels & Resorts (NYSE:XHR) last posted its earnings results on Tuesday, May 9th. The real estate investment trust reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.09. The firm had revenue of $218.50 million during the quarter, compared to analyst estimates of $205.54 million. Xenia Hotels & Resorts had a net margin of 10.07% and a return on equity of 5.93%. The business’s quarterly revenue was down 7.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.43 EPS. Equities research analysts expect that Xenia Hotels & Resorts will post $0.44 EPS for the current year.

In other news, Director Jeffrey H. Donahue bought 28,582 shares of the business’s stock in a transaction dated Friday, March 3rd. The stock was purchased at an average cost of $17.50 per share, with a total value of $500,185.00. Following the acquisition, the director now directly owns 30,927 shares in the company, valued at $541,222.50. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Marcel Verbaas purchased 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 7th. The stock was bought at an average cost of $17.03 per share, with a total value of $85,150.00. Following the acquisition, the insider now owns 46,846 shares in the company, valued at approximately $797,787.38. The disclosure for this purchase can be found here. 0.31% of the stock is owned by insiders.

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About Xenia Hotels & Resorts

Xenia Hotels & Resorts, Inc 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 various markets, as well as leisure destinations in the United States. As of December 31, 2016, the Company owned 42 hotels, 40 of which are completely owned, comprising 10,911 rooms, across 20 states and the District of Columbia, including a majority interest in two hotels owned through two investments in real estate entities.

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