FelCor Lodging Trust Incorporated (FCH) Position Reduced by Two Sigma Advisers LP

Two Sigma Advisers LP decreased its stake in shares of FelCor Lodging Trust Incorporated (NYSE:FCH) by 4.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 587,880 shares of the company’s stock after selling 24,996 shares during the period. Two Sigma Advisers LP owned about 0.43% of FelCor Lodging Trust worth $3,780,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Acrospire Investment Management LLC increased its stake in shares of FelCor Lodging Trust by 36.6% in the third quarter. Acrospire Investment Management LLC now owns 20,095 shares of the company’s stock valued at $129,000 after buying an additional 5,389 shares during the last quarter. Mizuho Trust & Banking Co. Ltd. increased its stake in shares of FelCor Lodging Trust by 28.3% in the third quarter. Mizuho Trust & Banking Co. Ltd. now owns 31,841 shares of the company’s stock valued at $205,000 after buying an additional 7,015 shares during the last quarter. Princeton Alpha Management LP increased its stake in shares of FelCor Lodging Trust by 20.1% in the third quarter. Princeton Alpha Management LP now owns 44,653 shares of the company’s stock valued at $287,000 after buying an additional 7,466 shares during the last quarter. KBC Group NV increased its stake in shares of FelCor Lodging Trust by 54.4% in the third quarter. KBC Group NV now owns 56,565 shares of the company’s stock valued at $364,000 after buying an additional 19,931 shares during the last quarter. Finally, Quantitative Systematic Strategies LLC increased its stake in shares of FelCor Lodging Trust by 221.5% in the second quarter. Quantitative Systematic Strategies LLC now owns 60,420 shares of the company’s stock valued at $379,000 after buying an additional 41,626 shares during the last quarter. 79.49% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for FelCor Lodging Trust (NYSE:FCH)

FelCor Lodging Trust Incorporated (NYSE:FCH) traded down 0.78% during mid-day trading on Friday, hitting $7.64. The stock had a trading volume of 412,377 shares. FelCor Lodging Trust Incorporated has a 1-year low of $5.68 and a 1-year high of $9.13. The stock has a 50 day moving average of $7.82 and a 200-day moving average of $7.04. The firm’s market cap is $1.05 billion.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 31st. Stockholders of record on Friday, January 13th were paid a $0.06 dividend. The ex-dividend date was Wednesday, January 11th. This represents a $0.24 annualized dividend and a dividend yield of 3.14%. FelCor Lodging Trust’s dividend payout ratio is currently -133.33%.

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Several analysts have weighed in on FCH shares. Zacks Investment Research raised FelCor Lodging Trust from a “sell” rating to a “buy” rating and set a $9.00 target price on the stock in a research note on Friday, January 6th. FBR & Co set a $8.00 target price on FelCor Lodging Trust and gave the company a “buy” rating in a research note on Wednesday, November 2nd. Finally, JMP Securities reaffirmed a “market perform” rating on shares of FelCor Lodging Trust in a research note on Thursday, January 26th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $8.13.

In other news, SVP Jeffrey D. Symes sold 7,100 shares of the company’s stock in a transaction that occurred on Thursday, November 17th. The stock was sold at an average price of $7.09, for a total value of $50,339.00. Following the sale, the senior vice president now directly owns 88,938 shares in the company, valued at approximately $630,570.42. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 3.30% of the company’s stock.

About FelCor Lodging Trust

FelCor Lodging Trust Incorporated is a real estate investment trust. The Company, through its subsidiary, FelCor Lodging Limited Partnership, holds ownership interests in approximately 40 hotels with over 12,440 rooms. The Company sells, acquires, rebrands and redevelops hotels. The Company’s hotels are located in approximately 20 states of the United States.

5 Day Chart for NYSE:FCH

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