RLJ Lodging Trust $RLJ Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH trimmed its position in RLJ Lodging Trust (NYSE:RLJ) by 16.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 414,667 shares of the real estate investment trust’s stock after selling 81,529 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.27% of RLJ Lodging Trust worth $3,089,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in RLJ. State of Wyoming increased its stake in shares of RLJ Lodging Trust by 23.6% in the third quarter. State of Wyoming now owns 9,120 shares of the real estate investment trust’s stock worth $66,000 after acquiring an additional 1,741 shares during the period. M&G PLC increased its stake in shares of RLJ Lodging Trust by 8.2% in the third quarter. M&G PLC now owns 24,355 shares of the real estate investment trust’s stock worth $170,000 after acquiring an additional 1,845 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of RLJ Lodging Trust by 2.7% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 110,434 shares of the real estate investment trust’s stock worth $795,000 after acquiring an additional 2,863 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of RLJ Lodging Trust by 2,721.1% in the second quarter. EverSource Wealth Advisors LLC now owns 3,470 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 3,347 shares during the period. Finally, Daytona Street Capital LLC acquired a new stake in shares of RLJ Lodging Trust in the fourth quarter worth $28,000. 92.35% of the stock is owned by institutional investors and hedge funds.

RLJ Lodging Trust Trading Down 0.3%

Shares of RLJ Lodging Trust stock opened at $8.25 on Friday. The firm has a 50-day simple moving average of $7.82 and a two-hundred day simple moving average of $7.61. The company has a market cap of $1.25 billion, a P/E ratio of 412.25 and a beta of 1.08. RLJ Lodging Trust has a fifty-two week low of $6.54 and a fifty-two week high of $8.63. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.96 and a current ratio of 2.96.

RLJ Lodging Trust (NYSE:RLJ) last issued its quarterly earnings data on Thursday, February 26th. The real estate investment trust reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.04. The business had revenue of $328.59 million during the quarter, compared to the consensus estimate of $317.95 million. RLJ Lodging Trust had a net margin of 2.11% and a return on equity of 1.54%. The company’s revenue was down .4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.33 earnings per share. RLJ Lodging Trust has set its FY 2026 guidance at 1.210-1.410 EPS. As a group, equities analysts predict that RLJ Lodging Trust will post 1.23 earnings per share for the current fiscal year.

RLJ Lodging Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a $0.15 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 7.3%. RLJ Lodging Trust’s dividend payout ratio is 3,000.00%.

Analysts Set New Price Targets

RLJ has been the topic of a number of research reports. Barclays initiated coverage on shares of RLJ Lodging Trust in a research note on Tuesday, January 6th. They issued an “underweight” rating and a $6.00 price objective on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of RLJ Lodging Trust in a research note on Monday, April 20th. Truist Financial cut their price objective on shares of RLJ Lodging Trust from $8.00 to $7.00 and set a “hold” rating on the stock in a research note on Monday, April 6th. LADENBURG THALM/SH SH started coverage on shares of RLJ Lodging Trust in a research note on Thursday, March 26th. They issued a “neutral” rating and a $8.50 price objective on the stock. Finally, Zacks Research upgraded shares of RLJ Lodging Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $8.00.

RLJ Lodging Trust Profile

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.