Sei Investments Co. grew its position in RLJ Lodging Trust (NYSE:RLJ – Free Report) by 122.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 251,168 shares of the real estate investment trust’s stock after buying an additional 138,259 shares during the period. Sei Investments Co.’s holdings in RLJ Lodging Trust were worth $1,864,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently made changes to their positions in RLJ. Donald Smith & CO. Inc. raised its holdings in shares of RLJ Lodging Trust by 23.1% during the fourth quarter. Donald Smith & CO. Inc. now owns 13,140,744 shares of the real estate investment trust’s stock valued at $97,899,000 after buying an additional 2,463,189 shares during the last quarter. Geode Capital Management LLC grew its holdings in RLJ Lodging Trust by 3.1% in the 4th quarter. Geode Capital Management LLC now owns 3,844,974 shares of the real estate investment trust’s stock worth $28,650,000 after buying an additional 114,163 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in RLJ Lodging Trust by 2.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,709,660 shares of the real estate investment trust’s stock worth $27,637,000 after buying an additional 74,252 shares in the last quarter. Fisher Asset Management LLC increased its position in RLJ Lodging Trust by 3.1% in the 4th quarter. Fisher Asset Management LLC now owns 3,127,412 shares of the real estate investment trust’s stock valued at $23,299,000 after acquiring an additional 94,291 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its position in RLJ Lodging Trust by 33.3% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 3,042,014 shares of the real estate investment trust’s stock valued at $21,903,000 after acquiring an additional 759,913 shares during the period. Institutional investors and hedge funds own 92.35% of the company’s stock.
RLJ Lodging Trust Price Performance
NYSE RLJ opened at $11.16 on Monday. RLJ Lodging Trust has a 12 month low of $6.54 and a 12 month high of $12.89. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.89 and a quick ratio of 2.89. The firm has a market capitalization of $1.69 billion, a PE ratio of 8.28 and a beta of 1.09. The company’s 50 day simple moving average is $11.52 and its 200 day simple moving average is $9.32.
RLJ Lodging Trust Announces Dividend
RLJ Lodging Trust News Roundup
Here are the key news stories impacting RLJ Lodging Trust this week:
- Positive Sentiment: RLJ reported second-quarter revenue of $383.0 million, up 5.5% year over year and above the $370.5 million analyst estimate. Net income increased 9.4% to $31.3 million, while adjusted EBITDA rose 6.1% to $110.4 million. RLJ Lodging Trust Reports Second Quarter 2026 Results
- Positive Sentiment: Funds from operations (FFO) came in at $0.52 per share, ahead of the $0.49 consensus estimate and up from $0.48 a year earlier. Reported EPS of $0.52 also exceeded the $0.15 consensus estimate. RLJ Lodging Tops Q2 FFO and Revenue Estimates
- Positive Sentiment: Comparable RevPAR increased 6.8% to $167.15, supported by higher hotel revenue and operating performance. RLJ raised its full-year 2026 outlook for comparable RevPAR growth to 3.5%-4.5% and adjusted FFO per share to $1.37-$1.50, above the $1.26 consensus estimate. RLJ Lodging Trust Q2 Revenue Rises as Outlook Increases
- Neutral Sentiment: The company declared its regular $0.15-per-share quarterly common dividend and sold one hotel in Fremont, California, for $13.2 million. RLJ owned 91 hotels at the end of June. RLJ Lodging Trust Reports Second Quarter 2026 Results
- Negative Sentiment: Zacks Research downgraded RLJ from “Strong Buy” to “Hold.” The downgrade may be weighing on sentiment and offsetting the favorable earnings surprise and increased guidance. Zacks Research
Analyst Ratings Changes
Several brokerages have weighed in on RLJ. Raymond James Financial downgraded RLJ Lodging Trust from a “strong-buy” rating to an “outperform” rating and lifted their target price for the company from $9.00 to $11.00 in a research note on Thursday, May 28th. Wall Street Zen raised RLJ Lodging Trust from a “sell” rating to a “hold” rating in a report on Sunday, June 7th. Zacks Research lowered RLJ Lodging Trust from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Barclays lifted their price objective on shares of RLJ Lodging Trust from $9.00 to $9.50 and gave the company an “underweight” rating in a research note on Tuesday, July 21st. Finally, UBS Group set a $13.00 price objective on shares of RLJ Lodging Trust in a report on Thursday, June 18th. Two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, RLJ Lodging Trust has an average rating of “Reduce” and an average target price of $10.83.
Get Our Latest Stock Analysis on RLJ
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.
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