FelCor Lodging Trust Incorporated (NYSE:FCH) – Investment analysts at SunTrust Banks increased their Q2 2018 earnings per share estimates for FelCor Lodging Trust in a report issued on Wednesday. SunTrust Banks analyst P. Scholes now forecasts that the real estate investment trust will earn $0.26 per share for the quarter, up from their previous estimate of $0.25.

Several other brokerages also recently commented on FCH. Zacks Investment Research downgraded FelCor Lodging Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, April 25th. BidaskClub raised FelCor Lodging Trust from a “strong sell” rating to a “sell” rating in a research note on Wednesday, July 19th. Finally, ValuEngine raised FelCor Lodging Trust from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 20th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $8.17.

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Shares of FelCor Lodging Trust (NYSE FCH) traded down 0.14% during midday trading on Friday, reaching $7.11. The company had a trading volume of 2,269,525 shares. FelCor Lodging Trust has a 12-month low of $6.00 and a 12-month high of $9.13. The stock’s 50 day moving average is $7.25 and its 200-day moving average is $7.40. The stock’s market capitalization is $984.11 million.

FelCor Lodging Trust (NYSE:FCH) last announced its earnings results on Wednesday, August 9th. The real estate investment trust reported ($0.06) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.29 by $0.35. FelCor Lodging Trust had a negative net margin of 5.15% and a negative return on equity of 25.32%. The firm had revenue of $220.40 million during the quarter, compared to analyst estimates of $222.20 million. During the same period in the prior year, the business posted $0.32 EPS. The firm’s quarterly revenue was down 7.4% compared to the same quarter last year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Stockholders of record on Friday, July 14th were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 3.37%. The ex-dividend date was Wednesday, July 12th. FelCor Lodging Trust’s dividend payout ratio (DPR) is presently -48.98%.

Hedge funds have recently modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of FelCor Lodging Trust by 2.1% in the first quarter. Vanguard Group Inc. now owns 20,627,919 shares of the real estate investment trust’s stock valued at $154,915,000 after buying an additional 425,944 shares during the period. BlackRock Inc. increased its stake in shares of FelCor Lodging Trust by 5,602.2% in the first quarter. BlackRock Inc. now owns 11,528,165 shares of the real estate investment trust’s stock valued at $86,575,000 after buying an additional 11,325,993 shares during the period. Land & Buildings Investment Management LLC increased its stake in shares of FelCor Lodging Trust by 9.1% in the first quarter. Land & Buildings Investment Management LLC now owns 8,205,688 shares of the real estate investment trust’s stock valued at $61,625,000 after buying an additional 684,233 shares during the period. Real Estate Management Services LLC increased its stake in shares of FelCor Lodging Trust by 2.4% in the first quarter. Real Estate Management Services LLC now owns 3,442,813 shares of the real estate investment trust’s stock valued at $25,856,000 after buying an additional 80,213 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in shares of FelCor Lodging Trust by 94.0% in the second quarter. JPMorgan Chase & Co. now owns 3,126,881 shares of the real estate investment trust’s stock valued at $22,545,000 after buying an additional 1,515,090 shares during the period. 75.42% of the stock is owned by hedge funds and other institutional investors.

About FelCor Lodging Trust

FelCor Lodging Trust Incorporated is a real estate investment trust (REIT). The Company, through its subsidiary, FelCor Lodging Limited Partnership, held ownership interests in 39 hotels with 11,500 rooms, as of December 31, 2016. The Company sells, acquires, rebrands and redevelops hotels. As of December 31, 2016, the Company’s hotels were located in 14 states of the United States.

Earnings History and Estimates for FelCor Lodging Trust (NYSE:FCH)

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