Dimensional Fund Advisors LP Trims Stake in RLJ Lodging Trust $RLJ

Key Points

• Dimensional Fund Advisors reduced its RLJ Lodging Trust stake by 18.1% in the first quarter, selling 333,906 shares and retaining 1.51 million shares worth approximately $11.2 million. Institutional investors collectively own 92.35% of RLJ.
• Analyst sentiment remains cautious: RLJ has a consensus “Reduce” rating from MarketBeat, with two Buy, five Hold, and three Sell ratings and an average price target of $10.83.
• RLJ’s recent operating results were stronger, with second-quarter revenue rising 5.5% to $383 million and FFO reaching $0.52 per share. The company raised its 2026 outlook and continues to pay a quarterly dividend of $0.15 per share, representing a 5.4% annualized yield.

Dimensional Fund Advisors LP reduced its stake in RLJ Lodging Trust (NYSE:RLJ - Free Report) by 18.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,509,818 shares of the real estate investment trust's stock after selling 333,906 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.99% of RLJ Lodging Trust worth $11,204,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Donald Smith & CO. Inc. increased its position in RLJ Lodging Trust by 23.1% in the fourth quarter. Donald Smith & CO. Inc. now owns 13,140,744 shares of the real estate investment trust's stock worth $97,899,000 after buying an additional 2,463,189 shares in the last quarter. Centersquare Investment Management LLC bought a new position in shares of RLJ Lodging Trust during the 4th quarter valued at approximately $13,254,000. Aegis Financial Corp purchased a new stake in RLJ Lodging Trust in the 4th quarter worth approximately $9,475,000. Ameriprise Financial Inc. increased its holdings in RLJ Lodging Trust by 286.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,618,413 shares of the real estate investment trust's stock worth $11,783,000 after acquiring an additional 1,199,318 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in RLJ Lodging Trust by 179.5% during the 2nd quarter. AQR Capital Management LLC now owns 1,434,974 shares of the real estate investment trust's stock worth $10,447,000 after acquiring an additional 921,548 shares during the period. 92.35% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Weiss Ratings upgraded shares of RLJ Lodging Trust from a "hold (c-)" rating to a "hold (c)" rating in a research report on Friday, July 24th. Zacks Research downgraded shares of RLJ Lodging Trust from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 4th. Truist Financial increased their price target on RLJ Lodging Trust from $7.00 to $10.00 and gave the stock a "hold" rating in a research note on Friday, June 12th. Oppenheimer reissued an "outperform" rating and set a $13.00 price target (up from $10.00) on shares of RLJ Lodging Trust in a report on Thursday, June 18th. Finally, Bank of America boosted their price objective on RLJ Lodging Trust from $9.25 to $10.50 and gave the company an "underperform" rating in a research report on Monday, July 20th. Two equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Reduce" and an average target price of $10.83.

More RLJ Lodging Trust News

Here are the key news stories impacting RLJ Lodging Trust this week:

• Positive Sentiment: RLJ reported second-quarter revenue of $383.0 million, up 5.5% year over year and above the $370.5 million analyst estimate. Net income increased 9.4% to $31.3 million, while adjusted EBITDA rose 6.1% to $110.4 million. RLJ Lodging Trust Reports Second Quarter 2026 Results
• Positive Sentiment: Funds from operations (FFO) came in at $0.52 per share, ahead of the $0.49 consensus estimate and up from $0.48 a year earlier. Reported EPS of $0.52 also exceeded the $0.15 consensus estimate. RLJ Lodging Tops Q2 FFO and Revenue Estimates
• Positive Sentiment: Comparable RevPAR increased 6.8% to $167.15, supported by higher hotel revenue and operating performance. RLJ raised its full-year 2026 outlook for comparable RevPAR growth to 3.5%-4.5% and adjusted FFO per share to $1.37-$1.50, above the $1.26 consensus estimate. RLJ Lodging Trust Q2 Revenue Rises as Outlook Increases
• Neutral Sentiment: The company declared its regular $0.15-per-share quarterly common dividend and sold one hotel in Fremont, California, for $13.2 million. RLJ owned 91 hotels at the end of June. RLJ Lodging Trust Reports Second Quarter 2026 Results
• Negative Sentiment: Zacks Research downgraded RLJ from “Strong Buy” to “Hold.” The downgrade may be weighing on sentiment and offsetting the favorable earnings surprise and increased guidance. Zacks Research

RLJ Lodging Trust Trading Up 0.2%

RLJ Lodging Trust stock opened at $11.16 on Monday. RLJ Lodging Trust has a 1 year low of $6.54 and a 1 year high of $12.89. The firm's 50 day moving average price is $11.52 and its 200-day moving average price is $9.32. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.89 and a quick ratio of 2.89. The stock has a market cap of $1.69 billion, a P/E ratio of 8.28 and a beta of 1.09.

RLJ Lodging Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.4%.

RLJ Lodging Trust Profile

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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