RLJ Lodging (RLJ) - FREE Research Report

Gormsen Christopher Andrew who is Chief Accounting Officer at RLJ Lodging sold 125 shares at $25.12 on Nov. 5, 2013. Following this transaction, the Chief Accounting Officer owned 5,928 shares meaning that the stake was reduced by 2.07% with the 125 share transaction.

The shares most recently traded at $25.02, down $0.10, or 0.4% since the insider transaction. Historical insider transactions for RLJ Lodging go as follows:

  • 12-Week # shares sold: 15,000
  • 24-Week # shares sold: 15,000

The average volume for RLJ Lodging has been 747,800 shares per day over the past 30 days. RLJ Lodging has a market cap of $3.1 billion and is part of the financial sector and real estate industry. Shares are up 30.87% year to date as of the close of trading on Tuesday.

RLJ Lodging Trust is an independent equity real estate investment trust. The firm also manages real estate funds. It invests in the real estate markets of the United States. The firm primarily invests in premium-branded, focused service, and compact full-service hotels. The stock currently has a dividend yield of 3.23%. The company has a P/E ratio of 37.3. Currently there are 5 analysts that rate RLJ Lodging a buy, no analysts rate it a sell, and 1 rates it a hold.

Exclusive Offer: Get the latest Stock Analysis on RLJ - FREE

TheStreet Quant Ratings rates RLJ Lodging as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full RLJ Lodging Ratings Report from TheStreet Quant Ratings now.

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