Banco BTG Pactual S.A. Purchase Holding in FelCor Lodging Trust Incorporated (FCH)

Banco BTG Pactual S.A. Purchase Holding in FelCor Lodging Trust Incorporated (FCH)

Banco BTG Pactual S.A. purchased a new position in shares of FelCor Lodging Trust Incorporated (NYSE:FCH) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 334,807 shares of the real estate investment trust’s stock, valued at approximately $2,514,000. Banco BTG Pactual S.A. owned about 0.24% of FelCor Lodging Trust at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in FCH. Dynamic Technology Lab Private Ltd bought a new position in shares of FelCor Lodging Trust during the fourth quarter worth $112,000. Teza Capital Management LLC bought a new position in shares of FelCor Lodging Trust during the first quarter worth $136,000. RFG Advisory Group LLC bought a new position in shares of FelCor Lodging Trust during the fourth quarter worth $138,000. Gabelli Funds LLC bought a new position in shares of FelCor Lodging Trust during the first quarter worth $146,000. Finally, SG Americas Securities LLC bought a new position in shares of FelCor Lodging Trust during the first quarter worth $147,000. Institutional investors own 79.13% of the company’s stock.

FelCor Lodging Trust Incorporated (FCH) traded up 0.55% during trading on Friday, hitting $7.34. 1,413,543 shares of the company traded hands. FelCor Lodging Trust Incorporated has a one year low of $5.68 and a one year high of $9.13. The firm’s market cap is $1.02 billion. The firm has a 50 day moving average of $7.41 and a 200 day moving average of $7.55.

FelCor Lodging Trust (NYSE:FCH) last released its quarterly earnings data on Tuesday, May 9th. The real estate investment trust reported $0.09 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by $0.03. The company had revenue of $188.10 million during the quarter, compared to analyst estimates of $192.24 million. FelCor Lodging Trust had a negative net margin of 0.09% and a negative return on equity of 26.61%. The firm’s quarterly revenue was down 10.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.14 EPS. On average, analysts expect that FelCor Lodging Trust Incorporated will post ($0.21) earnings per share for the current fiscal year.

A number of equities analysts have weighed in on FCH shares. ValuEngine lowered shares of FelCor Lodging Trust from a “strong-buy” rating to a “buy” rating in a report on Friday. FBR & Co reiterated a “hold” rating and issued a $8.00 price target on shares of FelCor Lodging Trust in a report on Friday, February 24th. Finally, Zacks Investment Research lowered shares of FelCor Lodging Trust from a “buy” rating to a “hold” rating in a report on Thursday, February 16th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. FelCor Lodging Trust presently has an average rating of “Hold” and a consensus target price of $8.13.

FelCor Lodging Trust Company Profile

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “FCH”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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