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Macys (M) Shareholder Avalon Global Asset Management Decreased Its Holding by $2.50 Million; Rlj Lodging Trust (RLJ) Shareholder Real Estate Management Services Raised Its Position by $2.03 Million

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Real Estate Management Services Llc increased its stake in Rlj Lodging Trust (RLJ) by 9.5% based on its latest 2017Q4 regulatory filing with the SEC. Real Estate Management Services Llc bought 96,829 shares as the company’s stock declined 16.14% with the market. The institutional investor held 1.12M shares of the real estate investment trusts company at the end of 2017Q4, valued at $24.53 million, up from 1.02M at the end of the previous reported quarter. Real Estate Management Services Llc who had been investing in Rlj Lodging Trust for a number of months, seems to be bullish on the $3.87 billion market cap company. The stock increased 2.84% or $0.61 during the last trading session, reaching $22.1. About 1.39 million shares traded. RLJ Lodging Trust (NYSE:RLJ) has declined 15.31% since May 20, 2017 and is downtrending. It has underperformed by 26.86% the S&P500.

Avalon Global Asset Management Llc decreased its stake in Macys Inc (M) by 33.33% based on its latest 2017Q4 regulatory filing with the SEC. Avalon Global Asset Management Llc sold 100,000 shares as the company’s stock rose 8.53% while stock markets declined. The hedge fund held 200,000 shares of the department and specialty retail stores company at the end of 2017Q4, valued at $5.04 million, down from 300,000 at the end of the previous reported quarter. Avalon Global Asset Management Llc who had been investing in Macys Inc for a number of months, seems to be less bullish one the $10.39 billion market cap company. The stock increased 0.35% or $0.12 during the last trading session, reaching $33.96. About 14.06 million shares traded or 29.80% up from the average. Macy's, Inc. (NYSE:M) has declined 0.25% since May 20, 2017 and is downtrending. It has underperformed by 11.80% the S&P500.

Investors sentiment decreased to 1.13 in Q4 2017. Its down 1.30, from 2.43 in 2017Q3. It dived, as 32 investors sold RLJ shares while 62 reduced holdings. 29 funds opened positions while 77 raised stakes. 172.20 million shares or 5.65% more from 162.99 million shares in 2017Q3 were reported. Pub Employees Retirement Sys Of Ohio invested in 224,785 shares. Oberweis Asset Management Incorporated, a Illinois-based fund reported 28,450 shares. Anchor Advisors Ltd Liability Com holds 17,822 shares. Utah Retirement stated it has 14,807 shares or 0.01% of all its holdings. Rhumbline Advisers reported 220,106 shares. 683,486 are owned by Thompson Siegel & Walmsley Limited. Swiss Comml Bank reported 297,758 shares. Pennsylvania-based Cim Mangement has invested 0.28% in RLJ Lodging Trust (NYSE:RLJ). Moreover, Federated Investors Pa has 0% invested in RLJ Lodging Trust (NYSE:RLJ). Price T Rowe Assocs Md, a Maryland-based fund reported 107,043 shares. Manufacturers Life The has 127,986 shares for 0% of their portfolio. Schwab Charles Investment Inc has invested 0.04% of its portfolio in RLJ Lodging Trust (NYSE:RLJ). Congress Asset Management Ma reported 33,131 shares. Vanguard Grp Incorporated invested 0.03% in RLJ Lodging Trust (NYSE:RLJ). Moreover, Bnp Paribas Asset Mgmt Hldg Sa has 0.3% invested in RLJ Lodging Trust (NYSE:RLJ) for 1.63 million shares.

Among 18 analysts covering RLJ Lodging Trust (NYSE:RLJ), 9 have Buy rating, 3 Sell and 6 Hold. Therefore 50% are positive. RLJ Lodging Trust had 51 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of RLJ Lodging Trust (NYSE:RLJ) has “Underweight” rating given on Wednesday, March 7 by Barclays Capital. The firm has “Buy” rating by RBC Capital Markets given on Thursday, August 3. The stock has “Hold” rating by Deutsche Bank on Tuesday, September 19. Barclays Capital downgraded RLJ Lodging Trust (NYSE:RLJ) rating on Wednesday, August 12. Barclays Capital has “Overweight” rating and $30 target. The firm earned “Buy” rating on Friday, June 23 by RBC Capital Markets. On Tuesday, July 18 the stock rating was maintained by Boenning & Scattergood with “Sell”. Barclays Capital maintained the stock with “Underweight” rating in Wednesday, March 9 report. The firm has “Market Perform” rating by Wells Fargo given on Wednesday, October 14. Bank of America maintained the shares of RLJ in report on Monday, August 14 with “Neutral” rating. The firm has “Hold” rating given on Sunday, August 6 by Canaccord Genuity.

Real Estate Management Services Llc, which manages about $741.04 million and $430.63 million US Long portfolio, decreased its stake in Crown Castle International Co. (NYSE:CCI) by 150,400 shares to 78,400 shares, valued at $8.70M in 2017Q4, according to the filing. It also reduced its holding in Colony Northstar Inc. by 57,500 shares in the quarter, leaving it with 2.55M shares, and cut its stake in Hersha Hospitality.

Since March 6, 2018, it had 1 insider purchase, and 0 insider sales for $19,400 activity.

Another recent and important RLJ Lodging Trust (NYSE:RLJ) news was published by Bizjournals.com which published an article titled: “RLJ staves off board seat challenge from activist investor” on April 25, 2018.

More notable recent Macy's, Inc. (NYSE:M) news were published by: Seekingalpha.com which released: “Why Macy’s Looks So Much Better Than JC Penney” on May 18, 2018, also Seekingalpha.com with their article: “Macy’s Shows Up The Shorts” published on May 17, 2018, Seekingalpha.com published: “Macy’s: Defying Expectations” on May 17, 2018. More interesting news about Macy's, Inc. (NYSE:M) were released by: Investorplace.com and their article: “Profit From the Flash Sale in Macy’s Inc Stock” published on May 10, 2018 as well as Livetradingnews.com‘s news article titled: “Macy’s, Inc. (NYSE:M) Heffx Trading Outlook” with publication date: May 11, 2018.

RLJ Lodging Trust (NYSE:RLJ) Institutional Positions Chart

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