Xenia Hotels & Resorts (NYSE:XHR) : Traders are bullish on Xenia Hotels & Resorts (NYSE:XHR) as it has outperformed the S&P 500 by a wide margin of 6.1% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.42%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.72% in the last 1 week, and is up 7.82% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -21.25% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $22.71 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $16.30 and the 200 Day Moving Average price is recorded at $15.37.
The stock has recorded a 20-day Moving Average of 7.18% and the 50-Day Moving Average is 9.95%.
Xenia Hotels & Resorts (NYSE:XHR): stock turned positive on Friday. Though the stock opened at $17, the bulls momentum made the stock top out at $17.49 level for the day. The stock recorded a low of $16.9001 and closed the trading day at $17.38, in the green by 2.54%. The total traded volume for the day was 709,372. The stock had closed at $16.95 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer of Xenia Hotels & Resorts, Inc., Welch Andrew J, had purchased 2,200 shares in a transaction dated on December 7, 2015. The transaction was executed at $15.95 per share with total amount equaling $35,090.
Xenia Hotels & Resorts, Inc. is a self-managed Real Estate Investment Trust (REIT). The Company is focused on the lodging sector. The Company owns a portfolio of lodging properties operated by independent management companies. The Company holds around 46 hotels, consisting of 12,636 rooms, across 19 states and the District of Columbia. It also holds an interest in two hotels under development. The Company owns and invests in service, lifestyle and urban upscale hotels in the United States lodging market and leisure destinations. The Companys portfolio includes lodging properties operated by Marriott, Hilton, Hyatt, Starwood, Kimpton, Aston, Fairmont and Loews. The Companys hotels include Andaz Napa, Aston Waikiki Beach Hotel, Courtyard Pittsburgh Downtown, Fairmont Dallas, Hilton Phoenix Suites, Hotel Monaco Chicago, Residence Inn Denver City Center, Lorien Hotel & Spa, Renaissance Austin Hotel, Westin Galleria Houston and Westin Oaks Houston at The Galleria.