Momentum Stock in Concentration: FelCor Lodging Trust Incorporated (NYSE:FCH)
- Author: Zachary Reyes Mar 01, 2017,
Mar 01, 2017, 7:03
Finally, Mizuho Trust & Banking Co. FelCors diversified portfolio of hotels and resorts are flagged under global brands such as: Doubletree?, Embassy Suites Hotels?, Hilton?, Fairmont?, Marriott?, Renaissance?, Sheraton?, Westin? and Holiday Inn?. FelCor Lodging Trust Inc., formerly known as FelCor Suite Hotels, Inc., is based in Irving, Texas.
FCH has been the subject of a number of other research reports. FelCor Lodging Trust updated its FY17 guidance to $0.83-0.90 EPS. The stock, after opening at $7.11, hit $7.33 through the close by scoring 3.53%. FelCor Lodging Trust Incorporated P/E (price to earnings) ratio is 0 and Forward P/E ratio of 94.4. JMP Securities reissued a market perform rating on shares of FelCor Lodging Trust in a report on Thursday, January 26th. The company has a Low Price Target of $6.5 and the Mean Target of $7.79, according to the Brokers.
FelCor Lodging Trust (NYSE:FCH) opened at 7.08 on Monday. 776,288 shares of the stock traded hands.
FelCor Lodging Trust Incorporated (NYSE:FCH) has a market capitalization of 1.02 Billion. "In short, Ashford Trust is proposing a slate of seven board members for the upcoming shareholders meeting in response to FelCor's lack of meaningful engagement and/or willingness to accept Ashford's $9.27/share takeover offer.", FBR & Co's analyst wrote. The company has a 50-day moving average of $7.71 and a 200-day moving average of $6.77.
FelCor Lodging Trust Incorporated (NYSE:FCH) shares declined -6.23% and ended the day at $7.08. According to the Analysts, the Low Earnings estimate for the current quarter is $0, while the High earnings estimate is $0.13.Comparatively, EPS for the same quarter previous year was $0.08. The higher end of the revenue estimate is $200 Million and the lower end is $183.5 Million.
For the ongoing Fiscal Quarter, 11 analysts have an average earnings forecast of $0.07 per share. The 52-week high of FelCor Lodging Trust Incorporated (NYSE:FCH) is $9.13 and the 52-week low is $5.68.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 31st. Stockholders of record on Friday, January 13th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 2.94%. The ex-dividend date was Wednesday, January 11th. FelCor Lodging Trust's dividend payout ratio is presently -133.33%. The company's shares were closed at 1.38. 2 Insider Sales transactions were made totaling 24018 shares traded. The company's outstanding shares are 140.84 Million. Another insider trade includes General Counsel Yellen (Jonathan H) who also initiated a transaction in which 33488 shares were traded on 15 Feb 2017 as "Buy". There may be various price targets for a stock.
The company's consensus rating on Reuter's scale improved from 2.59 to 2.65 during a month. The disclosure for this sale can be found here. Its last month's stock price volatility remained 5.88% which for the week stands at 3.4%. Acrospire Investment Management LLC increased its position in FelCor Lodging Trust by 36.6% in the third quarter. The company reported the earnings of $-0.04/Share in the last quarter where the estimated EPS by analysts was $-0.05/share. RFG Advisory Group LLC acquired a new stake in FelCor Lodging Trust during the fourth quarter worth approximately $138,000. Penn Capital Management Co.
FelCor Lodging Trust Incorporated is a real estate investment trust. Inc. now owns 2,400,606 shares of the company's stock valued at $17,524,000 after buying an additional 849,099 shares during the last quarter. Analytic Investors LLC bought a new position in shares of FelCor Lodging Trust during the third quarter worth about $156,000. The stock has a quick ratio of 4.70 and a current ratio of 4.70. The Insider Ownership of the company now is 1.4 percent, and Institutional Ownership is 80.2 percent.
The Company, through its subsidiary, FelCor Lodging Limited Partnership, holds ownership interests in approximately 40 hotels with over 12,440 rooms.