Teachers Advisors LLC boosted its stake in FelCor Lodging Trust Incorporated (NYSE:FCH) by 19.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 286,771 shares of the real estate investment trust’s stock after buying an additional 47,550 shares during the period. Teachers Advisors LLC owned approximately 0.21% of FelCor Lodging Trust worth $2,297,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently bought and sold shares of the company. Dynamic Technology Lab Private Ltd bought a new stake in FelCor Lodging Trust during the fourth quarter valued at $112,000. RFG Advisory Group LLC acquired a new position in FelCor Lodging Trust during the fourth quarter valued at approximately $138,000. Analytic Investors LLC acquired a new position in FelCor Lodging Trust during the third quarter valued at approximately $156,000. Pacad Investment Ltd. purchased a new stake in shares of FelCor Lodging Trust during the fourth quarter worth about $205,000. Finally, WFG Advisors LP raised its stake in shares of FelCor Lodging Trust by 53,500.0% in the fourth quarter. WFG Advisors LP now owns 1,608 shares of the real estate investment trust’s stock worth $220,000 after buying an additional 1,605 shares during the period. Institutional investors and hedge funds own 76.20% of the company’s stock.
FelCor Lodging Trust Incorporated (FCH) traded down 0.3114% during trading on Tuesday, hitting $7.5863. 259,157 shares of the stock traded hands. FelCor Lodging Trust Incorporated has a 52-week low of $5.68 and a 52-week high of $9.13. The stock’s market cap is $1.05 billion. The stock has a 50 day moving average price of $7.35 and a 200-day moving average price of $7.58.
FelCor Lodging Trust (NYSE:FCH) last posted its quarterly earnings data on Tuesday, May 9th. The real estate investment trust reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by $0.03. The company had revenue of $188.10 million for the quarter, compared to analyst estimates of $192.24 million. FelCor Lodging Trust had a negative net margin of 3.25% and a negative return on equity of 25.32%. The firm’s revenue was down 10.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.14 EPS. On average, analysts anticipate that FelCor Lodging Trust Incorporated will post ($0.19) EPS for the current fiscal year.
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FCH has been the topic of a number of research reports. FBR & Co reaffirmed a “hold” rating and set a $8.00 target price on shares of FelCor Lodging Trust in a research note on Friday, February 24th. Zacks Investment Research cut shares of FelCor Lodging Trust from a “hold” rating to a “sell” rating in a report on Thursday, April 6th. Finally, ValuEngine raised shares of FelCor Lodging Trust from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 20th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. FelCor Lodging Trust has an average rating of “Hold” and a consensus price target of $8.13.
About FelCor Lodging Trust
FelCor Lodging Trust Incorporated is a real estate investment trust (REIT). The Company, through its subsidiary, FelCor Lodging Limited Partnership, held ownership interests in 39 hotels with 11,500 rooms, as of December 31, 2016. The Company sells, acquires, rebrands and redevelops hotels. As of December 31, 2016, the Company’s hotels were located in 14 states of the United States.
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