Yesterday, a Director at RLJ Lodging (RLJ), Robert La Forgia, bought shares of RLJ for $85.25K.
Following this transaction Robert La Forgia’s holding in the company was increased by 10.28% to a total of $944.8K.
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RLJ’s market cap is $3.01B and the company has a P/E ratio of 18.59. Currently, RLJ Lodging has an average volume of 937.6K.
Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $21.50, reflecting a 22.0% upside.
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RLJ Lodging Trust is a real estate investment trust, with interests in hotels. It operates through the following hotel brands: Marriott, Hilton, and Hyatt or Wyndham . The company was founded by Robert L. Johnson on January 31, 2011 and is headquartered in Bethesda, MD.
