FelCor Lodging Trust Incorporat (NYSE:FCH) Sees Significantly Higher Trading Volume

Paterniano Del Favero
Agosto 20, 2017

Covering sell-side analysts have recently weighed in on shares of FelCor Lodging Trust Incorporated (NYSE:FCH). The fund owned 434,926 shares of the real estate investment trust's stock after buying an additional 334,044 shares during the period. Financial Bank Of Montreal Can accumulated 3,760 shares.

A number of other hedge funds have also modified their holdings of FCH. As of the end of the quarter Manufacturers Life Insurance Company, The had sold a total of 63,851 shares trimming its holdings by 87.4%. SG Americas Securities LLC boosted its stake in RLJ Lodging Trust by 8.0% in the first quarter. Finally, Norges Bank bought a new stake in FelCor Lodging Trust during the fourth quarter worth $12,354,000.

Land & Buildings Investment Management Llc decreased its stake in Felcor Lodging Tr Inc (FCH) by 14.74% based on its latest 2016Q4 regulatory filing with the SEC. The stock closed the last trade at $19.71, exchanging hands with 5016110 shares contrast to its average daily volume of 1.97M shares. Institutional investors own 99.88% of the company's stock.

Following trading activity for FelCor Lodging Trust Incorporated (NYSE:FCH), we can see that the stock has moved onto today's list of most actives. Ltd. now owns 19,913 shares of the real estate investment trust's stock valued at $468,000 after buying an additional 440 shares during the period. FelCor Lodging Trust Incorporated (FCH) has an EBITDA margin of 8.58%, compared to an EBITDA margin of 25.13% for Ashford Hospitality Trust, Inc. The company has market cap of $982.79 million. RLJ Lodging Trust has a 52 week low of $18.92 and a 52 week high of $25.10.

Consequently Felcor Lodging Trust Inc (NYSE:FCH)'s weekly and monthly volatility is 2.32%, 2.41% respectively. 105.20 million shares or 3.80% less from 109.35 million shares in 2016Q3 were reported. RLJ Lodging Trust had 33 analyst reports since August 7, 2015 according to SRatingsIntel. The firm had revenue of $220.40 million for the quarter, compared to the consensus estimate of $222.20 million. BlackRock Inc. now owns 11,528,165 shares of the real estate investment trust's stock valued at $86,575,000 after buying an additional 11,325,993 shares during the last quarter. The stock of RLJ Lodging Trust (NYSE:RLJ) earned "Market Perform" rating by Wells Fargo on Wednesday, October 14.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. The ex-dividend date was Wednesday the 28th of June 2017. RLJ Lodging Trust's dividend payout ratio (DPR) is now 91.03%. If you are viewing this report on another publication, it was stolen and reposted in violation of USA and worldwide trademark and copyright legislation. The correct version of this report can be read at https://sportsperspectives.com/2017/08/16/felcor-lodging-trust-incorporated-fch-position-raised-by-vanguard-group-inc-updated-updated-updated.html. Boenning Scattergood reaffirmed an underperform rating and issued a $21.00 target price on shares of RLJ Lodging Trust in a research report on Tuesday, April 18th. Price T Rowe Associates Incorporated Md stated it has 0% in FelCor Lodging Trust Incorporated (NYSE:FCH). Finally, Zacks Investment Research raised shares of FelCor Lodging Trust from a "sell" rating to a "hold" rating in a research report on Wednesday, July 12th. Sometimes, companies with strong fundamentals but with low annualized EPS of less than 4% or 5 % but analysts may talk about a huge turnaround in the earnings due to heavy order book.

FCH has a mean analyst rating of 2.70. The company now has an average rating of "Hold" and a consensus price target of $24.38.

Several analysts have released their opinion on RLJ Lodging Trust (NYSE:RLJ), with 1 analysts believing it is a strong buy. The Company, through its subsidiary, FelCor Lodging Limited Partnership, held ownership interests in 39 hotels with 11,500 rooms, as of December 31, 2016. According to Thomson Reuters, sell-side analysts are predicting a consensus target price of $7.70 on company stock. The Company's hotels are located in approximately 20 states of the United States.

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