Algert Global LLC Makes New Investment in RLJ Lodging Trust $RLJ

Key Points

• Algert Global LLC acquired 614,550 shares of RLJ Lodging Trust in the second quarter, valued at approximately $7.3 million and representing a 0.40% stake. Institutional investors and hedge funds collectively own 92.35% of RLJ’s shares.
• RLJ reported quarterly EPS of $0.52, exceeding the $0.15 analyst consensus, while revenue reached $383.0 million versus expectations of $370.5 million. The company provided fiscal 2026 EPS guidance of $1.37–$1.50.
• Analyst sentiment remains cautious, with a consensus rating of “Reduce” and an average price target of $10.94. RLJ’s quarterly dividend is $0.15 per share, equivalent to an annualized $0.60 payout and a 5.2% yield.

Algert Global LLC acquired a new position in shares of RLJ Lodging Trust (NYSE:RLJ - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 614,550 shares of the real estate investment trust's stock, valued at approximately $7,282,000. Algert Global LLC owned 0.40% of RLJ Lodging Trust as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the business. Amundi grew its stake in RLJ Lodging Trust by 12.3% during the first quarter. Amundi now owns 90,874 shares of the real estate investment trust's stock worth $717,000 after buying an additional 9,983 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of RLJ Lodging Trust by 11.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 993,552 shares of the real estate investment trust's stock valued at $7,839,000 after buying an additional 103,065 shares in the last quarter. Norges Bank bought a new position in shares of RLJ Lodging Trust in the second quarter valued at about $1,248,000. Invesco Ltd. lifted its position in RLJ Lodging Trust by 47.5% during the 2nd quarter. Invesco Ltd. now owns 1,634,179 shares of the real estate investment trust's stock worth $11,897,000 after buying an additional 526,172 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in RLJ Lodging Trust by 2,721.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,470 shares of the real estate investment trust's stock worth $25,000 after acquiring an additional 3,347 shares during the last quarter. 92.35% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Truist Financial lifted their target price on RLJ Lodging Trust from $7.00 to $10.00 and gave the company a "hold" rating in a research note on Friday, June 12th. Wall Street Zen upgraded RLJ Lodging Trust from a "sell" rating to a "hold" rating in a research report on Sunday, June 7th. Zacks Research cut RLJ Lodging Trust from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 4th. Raymond James Financial lowered shares of RLJ Lodging Trust from a "strong-buy" rating to an "outperform" rating and raised their target price for the company from $9.00 to $11.00 in a research note on Thursday, May 28th. Finally, LADENBURG THALM/SH SH boosted their price target on shares of RLJ Lodging Trust from $12.00 to $13.00 and gave the stock a "neutral" rating in a research note on Monday, August 10th. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Reduce" and a consensus target price of $10.94.

RLJ Lodging Trust Stock Performance

RLJ opened at $11.45 on Thursday. The company has a market capitalization of $1.74 billion, a price-to-earnings ratio of 8.03 and a beta of 1.09. The business's 50-day moving average price is $11.66 and its two-hundred day moving average price is $9.66. RLJ Lodging Trust has a 1 year low of $6.54 and a 1 year high of $12.89. The company has a debt-to-equity ratio of 1.50, a current ratio of 5.71 and a quick ratio of 5.71.

RLJ Lodging Trust (NYSE:RLJ - Get Free Report) last released its earnings results on Thursday, August 6th. The real estate investment trust reported $0.52 earnings per share for the quarter, beating analysts' consensus estimates of $0.15 by $0.37. The business had revenue of $382.99 million during the quarter, compared to the consensus estimate of $370.49 million. RLJ Lodging Trust had a net margin of 2.00% and a return on equity of 1.52%. The firm's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.48 earnings per share. RLJ Lodging Trust has set its FY 2026 guidance at 1.370-1.500 EPS. Equities analysts expect that RLJ Lodging Trust will post 1.33 EPS for the current fiscal year.

RLJ Lodging Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend was Tuesday, June 30th.

About RLJ Lodging Trust

RLJ Lodging Trust is a self-managed, publicly traded real estate investment trust (REIT) that acquires, owns and operates premium-branded, focused-service and compact full-service hotels. The company's portfolio is concentrated in major U.S. markets, targeting properties that benefit from strong corporate and leisure demand, limited new supply and established brand affiliations.

The trust's hotels are affiliated with leading global lodging brands across the spectrum of service levels, including lifestyle and upscale segments.

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