RLJ Lodging Trust (RLJ) Analysts See $0.57 EPS

October 13, 2017 - By Clifton Ray

 RLJ Lodging Trust (RLJ) Analysts See $0.57 EPS
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.
Rhumbline Advisers reported 184,294 shares or 0.01% of all its holdings. Principal Gp Incorporated has 0% invested in RLJ Lodging Trust (NYSE:RLJ) for 23,109 shares. Meeder Asset invested in 0.04% or 19,868 shares. Netherlands-based Kempen Capital Nv has invested 0.2% in RLJ Lodging Trust (NYSE:RLJ). Moreover, Palisade Management Ltd Company Nj has 0.43% invested in RLJ Lodging Trust (NYSE:RLJ). California Employees Retirement Sys, California-based fund reported 384,600 shares. Legal General Group Pcl stated it has 379,725 shares. Deutsche Bankshares Ag holds 0.01% in RLJ Lodging Trust (NYSE:RLJ) or 720,569 shares. Mutual Of America Mgmt Limited Liability Co invested in 0% or 10,621 shares. Ubs Asset Mgmt Americas reported 267,958 shares. Breton Hill Capital Limited has invested 0.18% of its portfolio in RLJ Lodging Trust (NYSE:RLJ). Nationwide Fund Advsrs holds 0.01% or 155,482 shares in its portfolio. Susquehanna Grp Inc Ltd Liability Partnership accumulated 181,707 shares or 0% of the stock. Ameriprise Inc has invested 0% in RLJ Lodging Trust (NYSE:RLJ). 17,916 are held by Tudor Inv Corp Et Al.

Investors wait RLJ Lodging Trust (NYSE:RLJ) to report on November, 1. its quarterly earnings Wall Street analysts expect $0.57 earnings per share, down $0.12 or 17.39 % from last year’s $0.69 same quarter earnings. This translates into $99.65 million profit for RLJ giving the stock a 9.86 P/E. This is assuming the current $0.57 EPS is accurate. RLJ Lodging Trust’s Wall Street analysts see -19.72 % negative EPS growth, taking into account the $0.71 EPS reproted in the previous quarter, 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. Compass Point maintained the shares of RLJ in report on Friday, August 7 with “Buy” rating. Wells Fargo upgraded the stock to “Buy” rating in Tuesday, September 5 report. The company was downgraded on Wednesday, August 12 by Barclays Capital. The stock of RLJ Lodging Trust (NYSE:RLJ) earned “Underperform” rating by Bank of America on Thursday, May 19. The stock of RLJ Lodging Trust (NYSE:RLJ) earned “Hold” rating by Zacks on Tuesday, September 22. Raymond James downgraded RLJ Lodging Trust (NYSE:RLJ) on Wednesday, April 27 to “Market Perform” rating. The stock of RLJ Lodging Trust (NYSE:RLJ) has “Sell” rating given on Tuesday, January 19 by Ladenburg Thalmann. The rating was downgraded by Barclays Capital on Friday, December 18 to “Underweight”. RBC Capital Markets maintained the stock with “Outperform” rating in Monday, January 4 report. The rating was maintained by KeyBanc Capital Markets on Friday, September 22 with “Hold”.

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 Dividend.com published article titled: “RLJ Lodging Trust Sees a 50% Decrease in Dividend”, Streetinsider.com published: “Barclays Reinstates RLJ Lodging Trust (RLJ) at Equalweight Following …” on October 06, 2017. More interesting news about RLJ Lodging Trust (NYSE:RLJ) was released by: Streetinsider.com and their article: “Deutsche Bank Starts RLJ Lodging Trust (RLJ) at Hold, Has To Prove Itself Post …” with publication date: September 19, 2017.

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