RLJ Lodging TrustRLJ
Market Cap: $1.54B
About: RLJ Lodging Trust is a real estate investment trust that acquires focused-service and compact full-service hotels. Its portfolio consists of hotels in various states across the United States and the District of Columbia. Its hotels are under the Marriott, Hilton, and Hyatt brand names. These hotels are concentrated in urban areas, dense suburban markets, and business districts within metropolitan areas. Its revenue streams include hotel operations revenue, which is composed of the sale of rooms, food, and beverages, and other property revenue. The company derives the substantial majority of its revenue from the operation of hotels.
Employees: 79
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
540% more call options, than puts
Call options by funds: $64K | Put options by funds: $10K
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
10% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 31
1% less funds holding
Funds holding: 202 [Q1] → 199 (-3) [Q2]
2.71% less ownership
Funds ownership: 92.57% [Q1] → 89.87% (-2.71%) [Q2]
10% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 77
21% less capital invested
Capital invested by funds: $1.71B [Q1] → $1.35B (-$355M) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Wells Fargo Dori Kesten 67% 1-year accuracy 18 / 27 met price target | 9%downside $9 | Underweight Downgraded | 13 Sept 2024 |
Compass Point Floris Van Dijkum 79% 1-year accuracy 11 / 14 met price target | 1%upside $10 | Neutral Downgraded | 5 Aug 2024 |
B of A Securities Shaun Kelley 75% 1-year accuracy 9 / 12 met price target | 1%upside $10 | Underperform Maintained | 22 Jul 2024 |
Financial journalist opinion
Based on 4 articles about RLJ published over the past 30 days