FelCor Lodging Trust VP Sells $527,000 in Stock (FCH)
FelCor Lodging Trust (NYSE:FCH) VP Jonathan H. Yellen sold 50,000 shares of the stock on the open market in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $10.54, for a total value of $527,000.00. Following the sale, the vice president now directly owns 215,210 shares of the company’s stock, valued at approximately $2,268,313. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Shares of FelCor Lodging Trust (NYSE:FCH) traded up 0.77% on Thursday, hitting $10.51. The stock had a trading volume of 232,556 shares. FelCor Lodging Trust has a 52-week low of $5.49 and a 52-week high of $10.67. The stock’s 50-day moving average is $9.9 and its 200-day moving average is $8.9. The company’s market cap is $1.305 billion.
FelCor Lodging Trust (NYSE:FCH) last released its earnings data on Thursday, May 1st. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.02. The company had revenue of $221.35 million for the quarter, compared to the consensus estimate of $214.14 million. During the same quarter in the previous year, the company posted ($0.01) earnings per share. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. On average, analysts predict that FelCor Lodging Trust will post $0.56 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, July 31st. Shareholders of record on Tuesday, July 15th will be paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.77%. The ex-dividend date is Friday, July 11th.
FelCor Lodging Trust Incorporated is a real estate investment trust (NYSE:FCH).
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