PowerShares DWA Industrials Momentum ETF (PRN) Forms $61.31 Double Top; RLJ Lodging Trust (RLJ) Had 9 Bulls

PowerShares DWA Industrials Momentum ETF (PRN) formed double top with $64.99 target or 6.00% above today’s $61.31 share price. PowerShares DWA Industrials Momentum ETF (PRN) has $126.15M valuation. The ETF increased 0.38% or $0.23 during the last trading session, reaching $61.31. About 4,304 shares traded. PowerShares DWA Industrials Momentum ETF (NASDAQ:PRN) has risen 13.97% since December 29, 2016 and is uptrending. It has underperformed by 2.73% the S&P500.

Among 18 analysts covering RLJ Lodging Trust (NYSE:RLJ), 9 have Buy rating, 2 Sell and 7 Hold. Therefore 50% are positive. RLJ Lodging Trust had 47 analyst reports since August 7, 2015 according to SRatingsIntel. The company was maintained on Tuesday, July 18 by Boenning & Scattergood. The company was downgraded on Thursday, May 19 by Bank of America. Bank of America downgraded the stock to “Underperform” rating in Wednesday, August 12 report. Instinet initiated the stock with “Buy” rating in Wednesday, December 14 report. The firm has “Hold” rating by Deutsche Bank given on Tuesday, September 19. The firm has “Underweight” rating given on Wednesday, March 9 by Barclays Capital. The firm earned “Buy” rating on Tuesday, August 11 by Canaccord Genuity. The firm has “Buy” rating by RBC Capital Markets given on Friday, June 23. The stock of RLJ Lodging Trust (NYSE:RLJ) has “Overweight” rating given on Wednesday, August 12 by Barclays Capital. Robert W. Baird maintained RLJ Lodging Trust (NYSE:RLJ) rating on Tuesday, December 19. Robert W. Baird has “Hold” rating and $24.0 target. See RLJ Lodging Trust (NYSE:RLJ) latest ratings:

19/12/2017 Broker: Robert W. Baird Rating: Hold New Target: $24.0 Maintain
19/12/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $25.0 Upgrade
28/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $24.0 Maintain
08/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $25.0 Maintain
27/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $23.0 Maintain
23/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
19/10/2017 Broker: SunTrust Rating: Hold New Target: $22 Initiates Coverage On
06/10/2017 Broker: Barclays Capital Rating: Equal Weight New Target: $24.00 Reinitiate
22/09/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
22/09/2017 Broker: RBC Capital Markets Rating: Buy New Target: $25.0 Maintain

Investors sentiment increased to 2.43 in 2017 Q3. Its up 0.54, from 1.89 in 2017Q2. It increased, as 19 investors sold RLJ Lodging Trust shares while 42 reduced holdings. 53 funds opened positions while 95 raised stakes. 162.99 million shares or 29.18% more from 126.18 million shares in 2017Q2 were reported. Hexavest has 4,243 shares for 0% of their portfolio. Macquarie Gp reported 66,023 shares. Amundi Pioneer Asset Management, a Massachusetts-based fund reported 96,500 shares. Dupont Capital Mgmt accumulated 216,164 shares. Martingale Asset L P owns 72,019 shares. Cornerstone Mngmt Limited Liability Corp holds 95,813 shares or 0.02% of its portfolio. New Mexico Educational Retirement Board has 24,877 shares. Renaissance Technologies Lc reported 0.02% stake. 80,044 are owned by Hudson Bay Cap Management L P. Amer Century invested in 0.01% or 355,088 shares. Great West Life Assurance Can holds 0.01% of its portfolio in RLJ Lodging Trust (NYSE:RLJ) for 126,558 shares. Sei Invs reported 0.04% of its portfolio in RLJ Lodging Trust (NYSE:RLJ). Paloma Ptnrs holds 0% or 9,858 shares. Meeder Asset holds 966 shares or 0% of its portfolio. Barclays Public Limited Company has invested 0% in RLJ Lodging Trust (NYSE:RLJ).

The stock increased 0.58% or $0.13 during the last trading session, reaching $22.41. About 979,664 shares traded. RLJ Lodging Trust (NYSE:RLJ) has risen 6.15% since December 29, 2016 and is uptrending. It has underperformed by 10.55% the S&P500.

RLJ Lodging Trust is an independent equity real estate investment trust. The company has market cap of $3.92 billion. The firm also manages real estate funds. It has a 20.47 P/E ratio. It invests in the real estate markets of the United States.

Since September 5, 2017, it had 0 insider purchases, and 1 insider sale for $201,100 activity. Shares for $201,100 were sold by DAVIS NATHANIEL A.