RLJ Lodging Trust (RLJ) hit his 1-Year Low price on 11/04/16

Barsaba Taglieri
Luglio 19, 2017

OppenheimerFunds Inc.'s holdings in Chesapeake Lodging Trust were worth $484,000 as of its most recent SEC filing.

The institutional investors might have bought a large chunk of stocks of the company. For the quarter, shares have been noted at 14.64%. If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. Teachers Advisors LLC now owns 1,002,758 shares of the real estate investment trust's stock valued at $23,575,000 after buying an additional 30,140 shares during the last quarter. Public Employees Retirement System of OH now owns 69,622 shares of the real estate investment trust's stock worth $1,668,000 after buying an additional 684 shares during the period. Glenmede Tru Company Na holds 0.01% in RLJ Lodging Trust (NYSE:RLJ) or 56,000 shares. This rating score is based on a 1-5 scale where a 5 would reveal a Strong Buy, a 4 indicates a Moderate Buy, 3 would equal to a hold, 2 means a moderate sell, and a rating of 1 would display a Strong Sell.

RLJ Lodging Trust (NYSE:RLJ) last posted its quarterly earnings results on Monday, May 8th. The firm exchanged a volume of 4.01 million shares at hands. Boston Private Wealth LLC raised its position in RLJ Lodging Trust by 4.6% in the first quarter. The legal version of this piece of content can be read at https://www.themarketsdaily.com/2017/07/18/m-holdings-securities-inc-has-113000-position-in-felcor-lodging-trust-incorporated-fch-updated-updated.html. Compass Point maintained RLJ Lodging Trust (NYSE:RLJ) rating on Friday, August 7. The company has a market cap of $1.49 billion, a P/E ratio of 23.15 and a beta of 1.13.

Despite the fact Teradata Corporation (NYSE:TDC) was trading at volume less than average, prior 52-week high was $33.32 and surged 8.43% over the same period, trading at a volume of 1.28 million. This action was filed in the Northern District of Texas and is captioned Bagheri v. FelCor Lodging Trust Incorporated, et al., No. 17-cv-1892. 3 analysts on average projected earnings of $0.3 per share for the current quarter. The company had revenue of $260.20 million during the quarter, compared to the consensus estimate of $263.57 million. However a year ago for the same quarter the company has reported $0.05 EPS. The company's revenue was down 4.1% on a year-over-year basis. On average, equities research analysts predict that RLJ Lodging Trust will post $1.09 EPS for the current year. However, the company's most recent quarter increase of 35.6% looks attractive. Schroder Invest Mgmt invested in 0.01% or 198,500 shares. The ex-dividend date is Wednesday, July 12th. A recommendation of 1 or 2 would represent a consensus Buy. Chesapeake Lodging Trust's dividend payout ratio (DPR) is 146.79%.

ILLEGAL ACTIVITY WARNING: This news story was reported by Community Financial News and is the property of of Community Financial News.

In its latest closing price kept its distance from the simple moving average of 20 days at 6.36% and 10.44% from SMA 50, while it was Bearish -17.23% from the SMA price of 200 days. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of United States & global copyright and trademark laws.

A number of brokerages recently commented on CHSP. For now, RLJ is the toast of Wall Street as its ABR stands at 2.70 with 1 out of 9 analysts rating the stock a buy. Zacks Investment Research lowered FelCor Lodging Trust from a "hold" rating to a "sell" rating in a report on Thursday, April 6th.

3/3/2016-Wells Fargo & Company was Downgraded by analysts at Wells Fargo & Company from a "Outperform " rating to a " Market Perform" rating. RLJ Lodging Trust (NYSE:RLJ) notched a 12-month high of $23.93 while $28.00 target is by far the most aggressive out of analysts who are now evaluating RLJ, $4.07 higher than the next highest 52-week price estimate.

The stock of RLJ Lodging Trust (NYSE:RLJ) is a huge mover today!

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