Nationwide Fund Advisors reduced its stake in shares of FelCor Lodging Trust Incorporated (NYSE:FCH) by 9.9% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 105,084 shares of the real estate investment trust’s stock after selling 11,591 shares during the period. Nationwide Fund Advisors’ holdings in FelCor Lodging Trust were worth $789,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Dalton Greiner Hartman Maher & Co. boosted its stake in FelCor Lodging Trust by 0.4% in the first quarter. Dalton Greiner Hartman Maher & Co. now owns 485,718 shares of the real estate investment trust’s stock valued at $3,648,000 after buying an additional 1,811 shares in the last quarter. State of Alaska Department of Revenue boosted its stake in FelCor Lodging Trust by 34.0% in the first quarter. State of Alaska Department of Revenue now owns 82,280 shares of the real estate investment trust’s stock valued at $617,000 after buying an additional 20,880 shares in the last quarter. Fox Run Management L.L.C. boosted its stake in FelCor Lodging Trust by 31.4% in the first quarter. Fox Run Management L.L.C. now owns 25,500 shares of the real estate investment trust’s stock valued at $192,000 after buying an additional 6,100 shares in the last quarter. Alpha Windward LLC bought a new stake in FelCor Lodging Trust during the first quarter valued at approximately $496,000. Finally, Contravisory Investment Management Inc. bought a new stake in FelCor Lodging Trust during the first quarter valued at approximately $187,000. 76.20% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for FelCor Lodging Trust (NYSE:FCH)

Shares of FelCor Lodging Trust Incorporated (NYSE FCH) opened at 7.61 on Tuesday. The company has a 50 day moving average price of $7.35 and a 200 day moving average price of $7.58. FelCor Lodging Trust Incorporated has a 12-month low of $5.68 and a 12-month high of $9.13. The firm’s market cap is $1.05 billion.

FelCor Lodging Trust (NYSE:FCH) last issued its quarterly earnings data on Tuesday, May 9th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by $0.03. FelCor Lodging Trust had a negative return on equity of 25.32% and a negative net margin of 3.25%. The company had revenue of $188.10 million for the quarter, compared to analyst estimates of $192.24 million. During the same quarter in the prior year, the firm earned $0.14 earnings per share. The company’s revenue for the quarter was down 10.5% on a year-over-year basis. On average, analysts forecast that FelCor Lodging Trust Incorporated will post ($0.19) earnings per share for the current fiscal year.

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Several equities research analysts recently commented on the company. ValuEngine cut FelCor Lodging Trust from a “strong-buy” rating to a “buy” rating in a report on Friday, June 2nd. Zacks Investment Research cut FelCor Lodging Trust from a “hold” rating to a “sell” rating in a report on Tuesday, April 25th. Finally, FBR & Co reaffirmed a “hold” rating and issued a $8.00 price target on shares of FelCor Lodging Trust in a report on Friday, February 24th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. FelCor Lodging Trust currently has an average rating of “Hold” and a consensus price target of $8.13.

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.

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