Legal & General Group Plc Purchases New Stake in RLJ Lodging Trust $RLJ

Posted by Stanley Muller on Sep 3rd, 2026

Legal & General Group Plc acquired a new position in shares of RLJ Lodging Trust (NYSE:RLJ – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 547,651 shares of the real estate investment trust’s stock, valued at approximately $6,490,000.

A number of other large investors have also recently made changes to their positions in the business. EverSource Wealth Advisors LLC grew its holdings in shares of RLJ Lodging Trust by 2,721.1% during 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 buying an additional 3,347 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of RLJ Lodging Trust by 166.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 4,618 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 2,887 shares in the last quarter. Danske Bank A S acquired a new stake in shares of RLJ Lodging Trust in the 3rd quarter worth about $50,000. Los Angeles Capital Management LLC acquired a new stake in shares of RLJ Lodging Trust in the 4th quarter worth about $51,000. Finally, Focus Partners Wealth bought a new position in RLJ Lodging Trust in the 3rd quarter valued at about $73,000. 92.35% of the stock is owned by institutional investors.

Analysts Set New Price Targets

RLJ has been the subject of a number of analyst reports. Zacks Research downgraded RLJ Lodging Trust from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Truist Financial increased their price objective on RLJ Lodging Trust from $7.00 to $10.00 and gave the stock a “hold” rating in a research note on Friday, June 12th. Raymond James Financial lowered RLJ Lodging Trust from a “strong-buy” rating to an “outperform” rating and raised their target price for the company from $9.00 to $11.00 in a report on Thursday, May 28th. Wells Fargo & Company lifted their target price on RLJ Lodging Trust from $9.00 to $11.00 and gave the company an “underweight” rating in a research report on Thursday, July 23rd. Finally, Barclays upped their price target on RLJ Lodging Trust from $9.50 to $11.00 and gave the stock an “underweight” rating in a report on Thursday, August 27th. Two research analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, RLJ Lodging Trust has a consensus rating of “Reduce” and a consensus price target of $11.11.

Get Our Latest Analysis on RLJ

RLJ Lodging Trust Stock Up 0.5%

RLJ opened at $11.07 on Thursday. RLJ Lodging Trust has a fifty-two week low of $6.54 and a fifty-two week high of $12.89. The firm has a market capitalization of $1.69 billion, a P/E ratio of 7.67 and a beta of 1.08. The company’s 50-day moving average is $11.65 and its 200 day moving average is $9.76. The company has a debt-to-equity ratio of 1.50, a current ratio of 5.71 and a quick ratio of 5.71.

RLJ Lodging Trust (NYSE:RLJ – Get Free Report) last issued its quarterly earnings data 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. The business had revenue of $382.99 million during the quarter, compared to the consensus estimate of $370.49 million. RLJ Lodging Trust had a net margin of 2.00% and a return on equity of 1.52%. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.48 EPS. RLJ Lodging Trust has set its FY 2026 guidance at 1.370-1.500 EPS. Research analysts expect that RLJ Lodging Trust will post 1.33 earnings per share for the current fiscal year.

RLJ Lodging Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date was Tuesday, June 30th.

RLJ Lodging Trust Company Profile

(Free Report)

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.