NEW YORK, May 11, 2017 /PRNewswire/ --
For this morning coverage, Stock-Callers.com shifts focus on four Hotel and Motel REITs, namely: FelCor Lodging Trust Inc. (NYSE: FCH), Apple Hospitality REIT Inc. (NYSE: APLE), Pebblebrook Hotel Trust (NYSE: PEB), and RLJ Lodging Trust (NYSE: RLJ). Lodging REITs own different classes of hotels based on features such as the hotels' level of service and amenities. These properties also service a wide spectrum of customers - from business travelers to vacationers. Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
FelCor Lodging Trust
Irving, Texas-based FelCor Lodging Trust Inc.'s stock finished Wednesday's session 2.08% higher at $7.35. A total volume of 3.77 million shares was traded, which was above their three months average volume of 1.88 million shares. The Company's shares have advanced 1.94% in the past month. The stock is trading above its 200-day moving average by 4.01%. Furthermore, shares of FelCor Lodging Trust, which engages in investment and management of properties in the hospitality industry, have a Relative Strength Index (RSI) of 44.37.
On May 09th, 2017, FelCor Lodging Trust reported results for Q1 ended March 31st, 2017. Same-store RevPAR for Q1 2017 was $142.15; net loss attributable to common stockholders was $42.2 million; adjusted FFO per share was $0.09; and same-store adjusted EBITDA was $40.1 million. In addition, the Company paid its Q1 common stock dividend of $0.06 per share at the end of April. Visit us today and access our complete research report on FCH at:
Apple Hospitality REIT
Shares in Richmond, Virginia-based Apple Hospitality REIT Inc. ended at $18.61, up 0.05% from the last trading session. The stock recorded a trading volume of 853,037 shares. The Company's shares are trading 0.48% below their 200-day moving average. Moreover, shares of Apple Hospitality REIT, which invests in the real estate markets of US, have an RSI of 41.23.
On May 03rd, 2017, research firm Wells Fargo initiated a 'Market Perform' rating on the Company's stock.
On May 04th, 2017, Apple Hospitality REIT announced results of operations for Q1 2017. For the three months ended March 31st, 2017, the Company reported net income of $34.4 million, adjusted EBITDA of $99.1 million, and total debt outstanding of $1.4 billion. In addition, the Company paid distributions of $0.30 per common share during Q1 2017. The complimentary report on APLE can be downloaded at:
Pebblebrook Hotel Trust
Bethesda, Maryland-based Pebblebrook Hotel Trust's stock ended yesterday's session 1.43% higher at $31.24. A total volume of 1.38 million shares was traded, which was above their three months average volume of 926,740 shares. The Company's shares have advanced 6.69% in the past month, 8.89% over the previous three months, and 6.44% on an YTD basis. The stock is trading 7.67% and 11.29% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Pebblebrook Hotel Trust, which through Pebblebrook Hotel, L.P., operates as a REIT, have an RSI of 61.40.
On April 27th, 2017, the Company reported results for Q1 ended March 31st, 2017. The Company's net income was $14.1 million in Q1 2017, declining $2.5 million compared to the same period of 2016. Same-property RevPAR was $192.92; same-property EBITDA was $53.5 million; adjusted EBITDA was $49.0 million; and adjusted FFO was $38.7 million for the quarter. Register for free on Stock-Callers.com and access the latest research report on PEB at:
RLJ Lodging Trust
On Wednesday, shares in Bethesda, Maryland-domiciled RLJ Lodging Trust recorded a trading volume of 3.01 million shares, which was above their three months average volume of 1.20 million shares. The stock finished 2.45% higher at $20.88. The Company's shares are trading below their 200-day moving average by 5.82%. Furthermore, shares of RLJ Lodging Trust, which manages real estate funds, have an RSI of 36.77.
On May 08th, 2017, the Company reported results for the three months ended March 31st, 2017. Net income for the quarter was $21.8 million; pro-forma RevPAR decreased 0.6%; pro-forma hotel EBITDA margin was 32.9%; pro-forma consolidated hotel EBITDA was $85.6 million; and adjusted FFO was $64.4 million. Additionally, the Company's Board of Trustees declared a cash dividend of $0.33 per common share of beneficial interest in Q1 2017. Get free access to your research report on RLJ at:
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SOURCE Chelmsford Park SA