EPS for RLJ Lodging Trust (RLJ) Expected At $0.57

October 13, 2017 - By test

 EPS for RLJ Lodging Trust (RLJ) Expected At $0.57
Investors sentiment increased to 1.89 in 2017 Q2. Its up 0.66, from 1.23 in 2017Q1. It improved, as 16 investors sold RLJ Lodging Trust shares while 46 reduced holdings. 39 funds opened positions while 78 raised stakes. 126.18 million shares or 4.43% more from 120.83 million shares in 2017Q1 were reported.
Schroder Mgmt Grp Inc accumulated 0% or 34,800 shares. Pnc Fin Group Inc holds 0% or 327 shares. Massachusetts-based Ngam L P has invested 0.03% in RLJ Lodging Trust (NYSE:RLJ). Loomis Sayles And Lp invested in 328 shares or 0% of the stock. Qs Limited stated it has 256,291 shares. Goldman Sachs Gru stated it has 13.35M shares or 0.07% of all its holdings. Virginia Retirement Et Al stated it has 0.04% of its portfolio in RLJ Lodging Trust (NYSE:RLJ). Barclays Plc invested 0% of its portfolio in RLJ Lodging Trust (NYSE:RLJ). Legal General Group Public Ltd Company reported 0.01% stake. Wolverine Asset reported 160,843 shares stake. Amalgamated Bank has invested 0.01% in RLJ Lodging Trust (NYSE:RLJ). James Investment Research reported 0.04% stake. Boothbay Fund Management Ltd stated it has 19,372 shares. Martingale Asset Limited Partnership owns 73,041 shares. Parametric Portfolio Associates Ltd Liability Com reported 353,610 shares.

Wall Street await RLJ Lodging Trust (NYSE:RLJ) to release earnings on November, 1. Analysts forecast EPS of $0.57, down exactly $0.12 or 17.39 % from 2014’s $0.69 EPS. The expected RLJ’s profit could reach $99.65 million giving the stock 9.86 P/E in the case that $0.57 earnings per share is reported. After posting $0.71 EPS for the previous quarter, RLJ Lodging Trust’s analysts now forecast -19.72 % negative EPS growth. The stock increased 0.45% or $0.1 during the last trading session, reaching $22.48. About 937,160 shares traded. RLJ Lodging Trust (NYSE:RLJ) has risen 6.15% since October 14, 2016 and is uptrending. It has underperformed by 10.55% the S&P500.

RLJ Lodging Trust (NYSE:RLJ) Ratings Coverage

Among 17 analysts covering RLJ Lodging Trust (NYSE:RLJ), 8 have Buy rating, 2 Sell and 7 Hold. Therefore 47% are positive. RLJ Lodging Trust had 40 analyst reports since August 7, 2015 according to SRatingsIntel. As per Wednesday, December 14, the company rating was initiated by Instinet. On Tuesday, August 11 the stock rating was maintained by Canaccord Genuity with “Buy”. The rating was downgraded by Bank of America on Wednesday, August 12 to “Underperform”. RBC Capital Markets maintained the shares of RLJ in report on Friday, September 22 with “Buy” rating. The stock of RLJ Lodging Trust (NYSE:RLJ) has “Buy” rating given on Tuesday, September 5 by Wells Fargo. RBC Capital Markets maintained it with “Outperform” rating and $29 target in Monday, January 4 report. The rating was maintained by Compass Point on Friday, November 6 with “Buy”. The stock of RLJ Lodging Trust (NYSE:RLJ) has “Buy” rating given on Friday, January 8 by BB&T Capital. As per Friday, June 23, the company rating was maintained by RBC Capital Markets. Boenning & Scattergood maintained the shares of RLJ in report on Tuesday, July 18 with “Sell” rating.

RLJ Lodging Trust is a self-administered real estate investment trust. The company has market cap of $3.93 billion. The Firm is engaged in the acquisition of focused-service and compact full-service hotels. It has a 20.87 P/E ratio. As of December 31, 2016, the Company owned 122 hotels with approximately 20,100 rooms, located in 21 states and the District of Columbia, and an interest in one mortgage loan secured by a hotel.

More important recent RLJ Lodging Trust (NYSE:RLJ) news were published by: Businesswire.com which released: “RLJ Lodging Trust Names Thomas J. Bardenett Executive Vice President of Asset …” on September 15, 2017, also Streetinsider.com published article titled: “Deutsche Bank Starts RLJ Lodging Trust (RLJ) at Hold, Has To Prove Itself Post …”, Dividend.com published: “RLJ Lodging Trust Sees a 50% Decrease in Dividend” on September 26, 2017. More interesting news about RLJ Lodging Trust (NYSE:RLJ) was released by: Streetinsider.com and their article: “Barclays Reinstates RLJ Lodging Trust (RLJ) at Equalweight Following …” with publication date: October 06, 2017.

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