Menta Capital LLC increased its stake in FelCor Lodging Trust Incorporated (NYSE:FCH) by 20.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 260,053 shares of the real estate investment trust’s stock after purchasing an additional 43,471 shares during the quarter. Menta Capital LLC owned about 0.19% of FelCor Lodging Trust worth $1,875,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of FCH. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its holdings in FelCor Lodging Trust by 2.5% in the 2nd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 19,622 shares of the real estate investment trust’s stock valued at $141,000 after acquiring an additional 478 shares during the last quarter. Great West Life Assurance Co. Can lifted its stake in FelCor Lodging Trust by 0.6% during the second quarter. Great West Life Assurance Co. Can now owns 84,216 shares of the real estate investment trust’s stock valued at $606,000 after buying an additional 505 shares in the last quarter. Thrivent Financial For Lutherans lifted its stake in FelCor Lodging Trust by 1.3% during the second quarter. Thrivent Financial For Lutherans now owns 52,743 shares of the real estate investment trust’s stock valued at $380,000 after buying an additional 700 shares in the last quarter. Anchor Capital Advisors LLC lifted its stake in FelCor Lodging Trust by 1.7% during the second quarter. Anchor Capital Advisors LLC now owns 48,520 shares of the real estate investment trust’s stock valued at $350,000 after buying an additional 800 shares in the last quarter. Finally, Metropolitan Life Insurance Co. NY lifted its stake in FelCor Lodging Trust by 2.2% during the first quarter. Metropolitan Life Insurance Co. NY now owns 102,928 shares of the real estate investment trust’s stock valued at $773,000 after buying an additional 2,226 shares in the last quarter. 78.78% of the stock is owned by institutional investors and hedge funds.

FCH has been the subject of a number of analyst reports. BidaskClub raised shares of FelCor Lodging Trust from a “strong sell” rating to a “sell” rating in a research note on Wednesday, July 19th. Zacks Investment Research upgraded FelCor Lodging Trust from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. ValuEngine downgraded FelCor Lodging Trust from a “strong-buy” rating to a “buy” rating in a report on Friday, June 2nd. Finally, FBR & Co reiterated a “neutral” rating and issued a $7.00 target price (down previously from $8.00) on shares of FelCor Lodging Trust in a report on Monday, August 14th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. FelCor Lodging Trust currently has an average rating of “Hold” and an average price target of $7.83.

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FelCor Lodging Trust Incorporated (FCH) opened at 7.30 on Friday. The firm’s market cap is $1.01 billion. The stock has a 50 day moving average price of $7.20 and a 200-day moving average price of $7.34. FelCor Lodging Trust Incorporated has a one year low of $6.00 and a one year high of $9.13.

FelCor Lodging Trust (NYSE:FCH) last released its quarterly earnings data on Wednesday, August 9th. The real estate investment trust reported ($0.06) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.29 by ($0.35). The firm had revenue of $220.40 million during the quarter, compared to analyst estimates of $222.20 million. During the same quarter in the previous year, the business earned $0.32 EPS. FelCor Lodging Trust’s quarterly revenue was down 7.4% compared to the same quarter last year. Analysts predict that FelCor Lodging Trust Incorporated will post ($0.37) EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 30th. Stockholders of record on Monday, August 28th were issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 2.19%. The ex-dividend date of this dividend was Thursday, August 24th. FelCor Lodging Trust’s dividend payout ratio (DPR) is presently -48.98%.

FelCor Lodging Trust Company Profile

FelCor Lodging Trust Incorporated is a real estate investment trust (REIT). The Company, through its subsidiary, FelCor Lodging Limited Partnership, held ownership interests in 39 hotels with 11,500 rooms, as of December 31, 2016. The Company sells, acquires, rebrands and redevelops hotels. As of December 31, 2016, the Company’s hotels were located in 14 states of the United States.

Institutional Ownership by Quarter for FelCor Lodging Trust (NYSE:FCH)

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