Quarterly Financial Review of FelCor Lodging Trust Incorporated (NYSE:FCH)

Chesapeake Lodging Trust is a real estate investment trust. Boenning Scattergood's price target points to a potential downside of 5.79% from the company's current price.

Several research firms have recently weighed in on FCH. RLJ Lodging Trust's payout ratio is 83.54%.

On 9/19/2016 Chesapeake Lodging Trust announced a Quarterly dividend of $0.40 6.86% with an ex dividend date of 9/28/2016 which will be payable on 10/14/2016. Investors of record on Friday, July 14th will be given a dividend of $0.06 per share. Zacks Investment Research downgraded shares of FelCor Lodging Trust from a "hold" rating to a "sell" rating in a research report on Tuesday, April 25th. BidaskClub lowered RLJ Lodging Trust from a "hold" rating to a "sell" rating in a report on Wednesday, July 5th. Chesapeake Lodging Trust now has a consensus rating of "Buy" and a consensus price target of $25.25. 636,824 shares of the company's stock traded hands. The firm's market capitalization is $1.01 billion.

In its latest closing price kept its distance from the simple moving average of 20 days at 4.92% and 3.73% from SMA 50, while it was Bearish -4.04% from the SMA price of 200 days. RLJ Lodging Trust has a 12 month low of $18.92 and a 12 month high of $25.10.

FBR Capital downgraded FelCor Lodging Trust Incorporated (NYSE:FCH) on Wednesday, January 4 to "Mkt Perform" rating.

Chesapeake Lodging Trust is a real estate investment trust.

4 number of analysts have estimated the sales of the company for the quarter, analysts estimated mean sale target of 196.1 million while high and low sale targets are estimated at 201 million and 191.5 million respectively. RLJ Lodging Trust had a return on equity of 8.95% and a net margin of 17.19%. The business's quarterly revenue was down 4.1% compared to the same quarter previous year.

Shares of the company have shown an EPS growth of 69.00% in the last 5 years. Five analysts have made estimates for FelCor Lodging Trust's earnings, with estimates ranging from $0.27 to $0.30.

WARNING: This news story was first reported by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this article on another publication, it was illegally stolen and reposted in violation of United States & worldwide trademark & copyright legislation. Robert W. Baird reissued an "outperform" rating and set a $27.00 price objective (up previously from $26.00) on shares of Chesapeake Lodging Trust in a research note on Friday, June 16th. Regardless, closing prices are a useful tool that investors use to quantify changes in stock prices over time. Cornerstone Real Estate Advisers Llc sold 64,536 shares as Felcor Lodging Trust Inc (FCH)'s stock declined 0.55%. Vanguard Group Inc. now owns 9,753,885 shares of the real estate investment trust's stock worth $233,703,000 after buying an additional 131,144 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. According to the most recently released broker notes, 1 analyst has a rating of "strong buy" on the stock, 2 analysts "buy", 5 analysts "neutral", 1 analysts "sell" and 0 analysts "strong sell". Adelante Capital Management Llc owns 1.20 million shares or 1.54% of their U.S. portfolio.

Shares of Chesapeake Lodging Trust (CHSP) opened at 25.53 on Wednesday. Spirit of America Management Corp NY now owns 52,900 shares of the real estate investment trust's stock worth $1,267,000 after buying an additional 7,800 shares in the last quarter. Thrivent Financial for Lutherans now owns 63,054 shares of the real estate investment trust's stock worth $1,631,000 after buying an additional 1,300 shares during the last quarter. Finally, Foundry Partners LLC purchased a new stake in shares of FelCor Lodging Trust during the first quarter worth about $201,000. Boston Private Wealth LLC now owns 16,373 shares of the real estate investment trust's stock worth $385,000 after buying an additional 716 shares during the last quarter.

The RLJ Special Meeting will be held at RLJ's corporate headquarters at 3 Bethesda Metro Center, Suite 1000, Bethesda, Maryland 20814 and the FelCor Special Meeting will be held at FelCor's corporate headquarters at 125 E. John Carpenter Freeway, Suite 1600, Irving, Texas 75062.

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