RLJ Lodging Trust (NYSE:RLJ) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Shares of RLJ Lodging Trust (NYSE:RLJ) crossed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $10.40 and traded as high as $11.62. RLJ Lodging Trust shares last traded at $11.6140, with a volume of 1,509,260 shares.

Analyst Ratings Changes

Several analysts have recently commented on RLJ shares. Barclays increased their price target on shares of RLJ Lodging Trust from $11.00 to $12.00 and gave the company an “underweight” rating in a research note on Tuesday. Zacks Research downgraded RLJ Lodging Trust from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. LADENBURG THALM/SH SH upped their price objective on RLJ Lodging Trust from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Monday, August 10th. Truist Financial increased their price objective on RLJ Lodging Trust from $10.00 to $11.00 and gave the company a “hold” rating in a research report on Monday, September 21st. Finally, UBS Group set a $13.00 target price on RLJ Lodging Trust in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $11.81.

RLJ Lodging Trust Trading Up 2.0%

The company has a debt-to-equity ratio of 1.50, a quick ratio of 5.71 and a current ratio of 5.71. The company has a market capitalization of $1.77 billion, a price-to-earnings ratio of 8.06 and a beta of 1.12. The business’s 50-day simple moving average is $11.12 and its 200-day simple moving average is $10.42.

RLJ Lodging Trust (NYSE:RLJ) last issued its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.52 EPS for the quarter, topping the consensus estimate of $0.15 by $0.37. RLJ Lodging Trust had a net margin of 2.00% and a return on equity of 1.52%. The company had revenue of $382.99 million during the quarter, compared to analysts’ expectations of $370.49 million. During the same quarter in the previous year, the company earned $0.48 EPS. RLJ Lodging Trust’s revenue was up 5.5% on a year-over-year basis. RLJ Lodging Trust has set its FY 2026 guidance at 1.370-1.500 EPS. On average, research analysts expect that RLJ Lodging Trust will post 1.33 earnings per share for the current fiscal year.

RLJ Lodging Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.2%.

Institutional Investors Weigh In On RLJ Lodging Trust

Several large investors have recently bought and sold shares of the company. GAMMA Investing LLC raised its position in shares of RLJ Lodging Trust by 33.2% during the third quarter. GAMMA Investing LLC now owns 3,837 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 957 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of RLJ Lodging Trust by 29.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,992 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 1,374 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new position in shares of RLJ Lodging Trust in the 1st quarter valued at approximately $108,000. State of Wyoming grew its position in shares of RLJ Lodging Trust by 12.3% in the 1st quarter. State of Wyoming now owns 17,904 shares of the real estate investment trust’s stock valued at $133,000 after purchasing an additional 1,963 shares during the period. Finally, Beacon Pointe Advisors LLC acquired a new position in shares of RLJ Lodging Trust in the 2nd quarter valued at approximately $201,000. Institutional investors own 92.35% of the company’s stock.

RLJ Lodging Trust Company Profile

RLJ Lodging Trust (NYSE: RLJ) is a real estate investment trust that owns a portfolio of premium-branded, focused-service and compact full-service hotels in the United States. The company’s properties primarily serve business and leisure travelers and are located in urban, suburban and resort-oriented markets.

RLJ’s hotels operate under well-known hospitality brands, including Marriott, Hilton, Hyatt and other major lodging systems. Its properties provide accommodations and related services such as guest rooms, meeting facilities, food and beverage offerings, and other amenities.