VIRGINIA RETIREMENT SYSTEMS ET Al Acquires New Position in RLJ Lodging Trust $RLJ

Key Points

• Virginia Retirement Systems acquired 138,400 shares of RLJ Lodging Trust worth approximately $1.64 million, representing about 0.09% of the REIT. Institutional investors collectively own 92.35% of RLJ.
• RLJ reported quarterly revenue of $382.99 million and earnings of $0.52 per share, beating analyst estimates, while revenue increased 5.5% year over year. The company provided fiscal 2026 EPS guidance of $1.37–$1.50.
• RLJ pays a quarterly dividend of $0.15, or $0.60 annually, for a yield of approximately 5.5%. Despite some bullish analyst targets, the consensus rating is “Reduce,” with an average price target of $11.11.

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of RLJ Lodging Trust (NYSE:RLJ - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 138,400 shares of the real estate investment trust's stock, valued at approximately $1,640,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.09% of RLJ Lodging Trust at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RLJ. PNC Financial Services Group Inc. increased its stake in shares of RLJ Lodging Trust by 29.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 5,992 shares of the real estate investment trust's stock valued at $44,000 after purchasing an additional 1,374 shares during the last quarter. Federation des caisses Desjardins du Quebec boosted its stake in RLJ Lodging Trust by 17.8% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 10,972 shares of the real estate investment trust's stock valued at $82,000 after buying an additional 1,661 shares in the last quarter. State of Wyoming boosted its stake in RLJ Lodging Trust by 12.3% in the first quarter. State of Wyoming now owns 17,904 shares of the real estate investment trust's stock valued at $133,000 after buying an additional 1,963 shares in the last quarter. Deutsche Bank AG grew its position in RLJ Lodging Trust by 1.4% in the fourth quarter. Deutsche Bank AG now owns 181,568 shares of the real estate investment trust's stock valued at $1,353,000 after acquiring an additional 2,453 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in RLJ Lodging Trust by 2,721.1% in the second quarter. EverSource Wealth Advisors LLC now owns 3,470 shares of the real estate investment trust's stock valued at $25,000 after acquiring an additional 3,347 shares during the last quarter. 92.35% of the stock is currently owned by institutional investors.

RLJ Lodging Trust Stock Performance

NYSE:RLJ opened at $10.86 on Friday. The company has a market capitalization of $1.65 billion, a PE ratio of 7.60 and a beta of 1.08. The company has a 50 day simple moving average of $11.52 and a two-hundred day simple moving average of $9.88. The company has a debt-to-equity ratio of 1.50, a quick ratio of 5.71 and a current ratio of 5.71. RLJ Lodging Trust has a fifty-two week low of $6.54 and a fifty-two week high of $12.89.

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

RLJ Lodging Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a $0.15 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.60 annualized dividend and a yield of 5.5%.

Wall Street Analyst Weigh In

RLJ has been the subject of a number of research reports. Wells Fargo & Company increased their target price on shares of RLJ Lodging Trust from $9.00 to $11.00 and gave the stock an "underweight" rating in a report on Thursday, July 23rd. Zacks Research downgraded shares of RLJ Lodging Trust from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 4th. Truist Financial boosted their price objective on shares of RLJ Lodging Trust from $7.00 to $10.00 and gave the stock a "hold" rating in a research note on Friday, June 12th. UBS Group set a $13.00 price objective on RLJ Lodging Trust in a report on Thursday, June 18th. Finally, Oppenheimer reaffirmed an "outperform" rating and set a $13.00 target price (up from $10.00) on shares of RLJ Lodging Trust in a research report on Thursday, June 18th. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Reduce" and an average price target of $11.11.

RLJ Lodging Trust Company 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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