Tudor Investment Corp ET AL Buys 280,123 Shares of RLJ Lodging Trust $RLJ

Key Points

• Tudor Investment Corp ET AL raised its stake in RLJ Lodging Trust by 363.1% in Q3, adding 280,123 shares to hold 357,266 shares (about 0.24% of the company) valued at roughly $2.57 million.
• RLJ declared a quarterly dividend of $0.15 (annualized $0.60) with an ex-dividend date of March 31 and payment on April 15, implying a ~7.6% yield despite an unusually high reported payout ratio of 3,000%.
• The REIT has a $1.19 billion market cap and a high P/E of 392.8, beat quarterly EPS expectations ($0.32 vs. $0.28), set FY2026 guidance of 1.210–1.410 EPS, and carries an analyst consensus of “Hold” with an average target of $8.00.

Tudor Investment Corp ET AL raised its stake in RLJ Lodging Trust (NYSE:RLJ - Free Report) by 363.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 357,266 shares of the real estate investment trust's stock after acquiring an additional 280,123 shares during the period. Tudor Investment Corp ET AL owned approximately 0.24% of RLJ Lodging Trust worth $2,572,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. EverSource Wealth Advisors LLC grew its stake in shares of RLJ Lodging Trust by 2,721.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,470 shares of the real estate investment trust's stock worth $25,000 after buying an additional 3,347 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in shares of RLJ Lodging Trust in the 3rd quarter worth $36,000. Danske Bank A S purchased a new stake in shares of RLJ Lodging Trust in the 3rd quarter worth approximately $50,000. State of Wyoming lifted its position in shares of RLJ Lodging Trust by 23.6% in the 3rd quarter. State of Wyoming now owns 9,120 shares of the real estate investment trust's stock worth $66,000 after purchasing an additional 1,741 shares during the period. Finally, Focus Partners Wealth purchased a new stake in shares of RLJ Lodging Trust in the 3rd quarter worth approximately $73,000. 92.35% of the stock is owned by hedge funds and other institutional investors.

RLJ Lodging Trust Stock Performance

RLJ opened at $7.86 on Friday. The firm's fifty day simple moving average is $7.82 and its two-hundred day simple moving average is $7.52. The company has a market cap of $1.19 billion, a price-to-earnings ratio of 392.80 and a beta of 1.08. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.21. RLJ Lodging Trust has a 52-week low of $6.51 and a 52-week high of $8.63.

RLJ Lodging Trust (NYSE:RLJ - Get Free Report) last issued its earnings results on Thursday, February 26th. The real estate investment trust reported $0.32 EPS for the quarter, beating analysts' consensus estimates of $0.28 by $0.04. RLJ Lodging Trust had a net margin of 2.11% and a return on equity of 1.54%. The business had revenue of $328.59 million during the quarter, compared to analysts' expectations of $317.95 million. During the same period in the prior year, the business earned $0.33 earnings per share. The company's quarterly revenue was down .4% compared to the same quarter last year. RLJ Lodging Trust has set its FY 2026 guidance at 1.210-1.410 EPS. Equities analysts anticipate that RLJ Lodging Trust will post 1.37 earnings per share for the current fiscal year.

RLJ Lodging Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a $0.15 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 7.6%. RLJ Lodging Trust's payout ratio is 3,000.00%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Barclays assumed coverage on shares of RLJ Lodging Trust in a research report on Tuesday, January 6th. They issued an "underweight" rating and a $6.00 price target for the company. Weiss Ratings reaffirmed a "sell (d)" rating on shares of RLJ Lodging Trust in a research report on Monday, December 29th. LADENBURG THALM/SH SH assumed coverage on shares of RLJ Lodging Trust in a research report on Thursday, March 26th. They issued a "neutral" rating and a $8.50 price target for the company. Zacks Research raised shares of RLJ Lodging Trust from a "strong sell" rating to a "hold" rating in a research report on Monday, January 12th. Finally, Truist Financial reduced their price objective on shares of RLJ Lodging Trust from $8.00 to $7.00 and set a "hold" rating for the company in a research note on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $8.00.

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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