Tudor Investment Corp ET AL Has $2.57 Million Holdings in RLJ Lodging Trust $RLJ

Tudor Investment Corp ET AL raised its stake in shares of RLJ Lodging Trust (NYSE:RLJ) by 363.1% in the third quarter, Holdings Channel.com reports. The firm owned 357,266 shares of the real estate investment trust’s stock after buying an additional 280,123 shares during the period. Tudor Investment Corp ET AL’s holdings in RLJ Lodging Trust were worth $2,572,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Amundi lifted its holdings in shares of RLJ Lodging Trust by 12.3% in the first quarter. Amundi now owns 90,874 shares of the real estate investment trust’s stock valued at $717,000 after purchasing an additional 9,983 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in RLJ Lodging Trust by 11.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 993,552 shares of the real estate investment trust’s stock worth $7,839,000 after buying an additional 103,065 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in RLJ Lodging Trust by 2.8% during the second quarter. JPMorgan Chase & Co. now owns 4,977,691 shares of the real estate investment trust’s stock worth $36,238,000 after buying an additional 137,014 shares in the last quarter. Prudential Financial Inc. raised its position in RLJ Lodging Trust by 191.1% in the 2nd quarter. Prudential Financial Inc. now owns 740,265 shares of the real estate investment trust’s stock valued at $5,389,000 after buying an additional 485,991 shares during the last quarter. Finally, Jefferies Financial Group Inc. purchased a new stake in RLJ Lodging Trust in the 2nd quarter valued at $143,000. 92.35% of the stock is owned by institutional investors.

RLJ Lodging Trust Stock Performance

Shares of RLJ opened at $7.49 on Friday. The stock has a 50 day moving average of $7.83 and a 200 day moving average of $7.53. The company has a market capitalization of $1.14 billion, a price-to-earnings ratio of 374.25 and a beta of 1.07. RLJ Lodging Trust has a 12 month low of $6.16 and a 12 month high of $8.63. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.21.

RLJ Lodging Trust (NYSE:RLJ) last posted its quarterly earnings data on Thursday, February 26th. The real estate investment trust reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.04. The business had revenue of $328.59 million for the quarter, compared to analysts’ expectations of $317.95 million. RLJ Lodging Trust had a return on equity of 1.54% and a net margin of 2.11%.The business’s revenue was down .4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.33 earnings per share. RLJ Lodging Trust has set its FY 2026 guidance at 1.210-1.410 EPS. As a group, sell-side analysts forecast that RLJ Lodging Trust will post 1.37 earnings per share for the current year.

RLJ Lodging Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date of this dividend is Tuesday, March 31st. RLJ Lodging Trust’s payout ratio is 3,000.00%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. LADENBURG THALM/SH SH began coverage on shares of RLJ Lodging Trust in a report on Thursday. They set a “neutral” rating and a $8.50 price objective on the stock. Zacks Research upgraded shares of RLJ Lodging Trust from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. Weiss Ratings reissued a “sell (d)” rating on shares of RLJ Lodging Trust in a research report on Monday, December 29th. Finally, Barclays assumed coverage on shares of RLJ Lodging Trust in a report on Tuesday, January 6th. They set an “underweight” rating and a $6.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, RLJ Lodging Trust currently has an average rating of “Hold” and a consensus price target of $8.14.

About RLJ Lodging Trust

RLJ Lodging Trust is a self-managed, publicly traded real estate investment trust (REIT) that acquires, owns and operates premium-branded, focused-service and compact full-service hotels. The company’s portfolio is concentrated in major U.S. markets, targeting properties that benefit from strong corporate and leisure demand, limited new supply and established brand affiliations.

The trust’s hotels are affiliated with leading global lodging brands across the spectrum of service levels, including lifestyle and upscale segments.