Real Estate Management Services LLC increased its stake in shares of FelCor Lodging Trust Incorporated (NYSE:FCH) by 0.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,444,113 shares of the real estate investment trust’s stock after buying an additional 1,300 shares during the period. FelCor Lodging Trust comprises approximately 4.9% of Real Estate Management Services LLC’s holdings, making the stock its 8th largest position. Real Estate Management Services LLC owned 2.49% of FelCor Lodging Trust worth $24,832,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the stock. LSV Asset Management bought a new position in FelCor Lodging Trust during the first quarter valued at approximately $802,000. DUPONT CAPITAL MANAGEMENT Corp increased its position in FelCor Lodging Trust by 74.4% in the first quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 108,758 shares of the real estate investment trust’s stock valued at $817,000 after buying an additional 46,404 shares in the last quarter. Clear Harbor Asset Management LLC increased its position in FelCor Lodging Trust by 233.1% in the first quarter. Clear Harbor Asset Management LLC now owns 54,795 shares of the real estate investment trust’s stock valued at $412,000 after buying an additional 38,345 shares in the last quarter. Dalton Greiner Hartman Maher & Co. increased its position 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. Finally, State of Alaska Department of Revenue increased its position 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. Hedge funds and other institutional investors own 76.20% of the company’s stock.

Shares of FelCor Lodging Trust Incorporated (NYSE FCH) traded up 0.28% during midday trading on Friday, hitting $7.15. 1,323,316 shares of the stock were exchanged. The firm’s market capitalization is $989.71 million. FelCor Lodging Trust Incorporated has a 1-year low of $6.00 and a 1-year high of $9.13. The stock’s 50-day moving average price is $7.31 and its 200-day moving average price is $7.46.

FelCor Lodging Trust (NYSE:FCH) last announced its quarterly earnings data on Tuesday, May 9th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing the 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 firm had revenue of $188.10 million during the quarter, compared to analysts’ expectations of $192.24 million. During the same period last year, the business posted $0.14 EPS. The company’s revenue was down 10.5% compared to the same quarter last year. On average, analysts forecast that FelCor Lodging Trust Incorporated will post ($0.19) EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 31st. Investors of record on Friday, July 14th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 3.37%. The ex-dividend date of this dividend is Wednesday, July 12th. FelCor Lodging Trust’s dividend payout ratio (DPR) is currently -63.16%.

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Several equities analysts have commented on the stock. Zacks Investment Research downgraded shares of FelCor Lodging Trust from a “hold” rating to a “sell” rating in a report on Tuesday, April 25th. ValuEngine downgraded shares of FelCor Lodging Trust from a “strong-buy” rating to a “buy” rating in a report on Friday, June 2nd. Finally, BidaskClub upgraded shares of FelCor Lodging Trust from a “strong sell” rating to a “sell” rating in a report on Wednesday. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $8.17.

FelCor Lodging Trust Company Profile

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

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