Daiwa Securities Group Inc. lifted its stake in RLJ Lodging Trust (NYSE:RLJ) by 4.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,432,431 shares of the real estate investment trust’s stock after purchasing an additional 244,868 shares during the period. Daiwa Securities Group Inc.’s holdings in RLJ Lodging Trust were worth $105,492,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in RLJ Lodging Trust by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 25,282,658 shares of the real estate investment trust’s stock worth $556,977,000 after buying an additional 63,508 shares in the last quarter. Vanguard Group Inc increased its stake in RLJ Lodging Trust by 0.3% in the 3rd quarter. Vanguard Group Inc now owns 25,282,658 shares of the real estate investment trust’s stock worth $556,977,000 after buying an additional 63,508 shares in the last quarter. Brookfield Asset Management Inc. increased its stake in RLJ Lodging Trust by 2.1% in the 3rd quarter. Brookfield Asset Management Inc. now owns 5,292,323 shares of the real estate investment trust’s stock worth $116,590,000 after buying an additional 109,500 shares in the last quarter. Fisher Asset Management LLC increased its stake in RLJ Lodging Trust by 0.5% in the 4th quarter. Fisher Asset Management LLC now owns 2,780,687 shares of the real estate investment trust’s stock worth $45,603,000 after buying an additional 13,465 shares in the last quarter. Finally, Duff & Phelps Investment Management Co. increased its stake in RLJ Lodging Trust by 3.9% in the 3rd quarter. Duff & Phelps Investment Management Co. now owns 2,207,868 shares of the real estate investment trust’s stock worth $48,639,000 after buying an additional 83,800 shares in the last quarter.

RLJ has been the subject of a number of analyst reports. Zacks Investment Research upgraded RLJ Lodging Trust from a “sell” rating to a “hold” rating in a research note on Saturday, December 1st. Wells Fargo & Co reiterated a “hold” rating on shares of RLJ Lodging Trust in a research note on Friday, January 25th. Deutsche Bank set a $22.00 price target on RLJ Lodging Trust and gave the stock a “hold” rating in a research note on Thursday, November 8th. TheStreet lowered RLJ Lodging Trust from a “b-” rating to a “c+” rating in a research note on Thursday, January 3rd. Finally, Robert W. Baird reiterated a “buy” rating and issued a $24.00 price target on shares of RLJ Lodging Trust in a research note on Friday, November 30th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $22.50.

RLJ opened at $18.48 on Monday. RLJ Lodging Trust has a 52 week low of $15.91 and a 52 week high of $23.97. The stock has a market cap of $3.24 billion, a price-to-earnings ratio of 7.70, a P/E/G ratio of 1.64 and a beta of 1.39. The company has a quick ratio of 2.76, a current ratio of 2.76 and a debt-to-equity ratio of 0.72.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 15th. Shareholders of record on Monday, December 31st were issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 7.14%. The ex-dividend date was Friday, December 28th. RLJ Lodging Trust’s dividend payout ratio (DPR) is presently 55.00%.

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RLJ Lodging Trust Company Profile

RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels. The Company's portfolio consists of 150 hotels with approximately 28,600 rooms located in 25 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms.

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Institutional Ownership by Quarter for RLJ Lodging Trust (NYSE:RLJ)

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