Initiating Research Reports on REIT Equities -- MGM Growth Properties, Pebblebrook Hotel Trust, RLJ Lodging Trust, and Xenia Hotels & Resorts

NEW YORK, June 26, 2017 /PRNewswire/ --

If you want a Stock Review on MGP, PEB, RLJ or XHR then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Featured on DailyStockTracker.com research coverage this morning are four Hotel and Motel REITs: MGM Growth Properties LLC (NYSE: MGP), Pebblebrook Hotel Trust (NYSE: PEB), RLJ Lodging Trust (NYSE: RLJ), and Xenia Hotels & Resorts Inc. (NYSE: XHR). REITs generally offer above-average dividends, and have the ability to grow significantly over time as their properties appreciate in value. This combination can produce some impressive total returns. This morning's free research reports on the aforesaid equities are available upon registration on DailyStockTracker.com at:

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MGM Growth Properties
 

Last Friday, shares in Nevada-based MGM Growth Properties LLC ended the session 1.45% higher at $29.38. The stock recorded a trading volume of 422,467 shares. The Company's shares have advanced 5.08% in the last month, 11.80% in the previous three months, and 16.08% since the start of this year. The stock is trading 3.81% and 12.37% above its 50-day and 200-day moving averages, respectively. Moreover, shares of MGM Growth Properties, which engages in owning, acquiring, and leasing casino resort properties in the US, have a Relative Strength Index (RSI) of 66.33.  

On June 02nd, 2017, research firm Ladenburg Thalmann initiated a 'Buy' rating on the Company's stock, with a target price of $32 per share.

On June 15th, 2017, MGM Growth Properties announced that its board of directors declared a quarterly cash dividend of $0.3950 per Class A common share for Q2. The dividend will be payable on July 14th, 2017, to unit holders and shareholders of record as of the close of business on June 30th, 2017, as applicable. Visit us today and access our complete research report on MGP at:

http://dailystocktracker.com/registration/?symbol=MGP


Pebblebrook Hotel Trust 

Maryland-based Pebblebrook Hotel Trust's stock declined 0.85%, to close the day at $32.81. A total volume of 1.16 million shares was traded, which was above their three months average volume of 904,520 shares. The Company's shares have advanced 3.40% in the past month, 16.68% over the previous three months, and 10.29% since the start of this year. The stock is trading 4.98% and 13.29% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Pebblebrook Hotel Trust, which operates as a REIT, have an RSI of 56.36.

On June 15th, 2017, Pebblebrook Hotel Trust announced that its Board of Trustees has authorized a quarterly cash dividend of $0.38 per common share of beneficial interest, to be paid on July 17th, 2017, to shareholders of record as of June 30th, 2017. The common dividend represents an annualized yield of approximately 4.6% based on the closing price of the Company's common shares on June 14th, 2017. The complimentary report on PEB can be downloaded at:

http://dailystocktracker.com/registration/?symbol=PEB


RLJ Lodging Trust 

Shares in Maryland-domiciled RLJ Lodging Trust recorded a trading volume of 1.61 million shares at the close of the last trading session. The stock ended the day 1.01% lower at $20.56. The Company's shares are trading below their 50-day moving average by 3.49%. Furthermore, shares of RLJ Lodging Trust, which manages real estate funds, have an RSI of 42.03.  

On June 15th, 2017, RLJ Lodging Trust announced that its Board of Trustees declared a regular quarterly cash dividend of $0.33 per common share of beneficial interest. The dividend is payable on July 14th, 2017, to shareholders of record as of June 30th, 2017. Based on the Company's common stock closing price of $20.90 on June 14th, 2017, the annualized $1.32 dividend represents a 6.3% yield. Register for free on DailyStockTracker.com and access the latest research report on RLJ at:

http://dailystocktracker.com/registration/?symbol=RLJ


Xenia Hotels & Resorts 

Florida headquartered Xenia Hotels & Resorts Inc.'s shares finished Friday's session 1.22% higher at $19.88. A total volume of 1.52 million shares was traded, which was higher than their three months average volume of 603,850 shares. The stock has advanced 10.44% in the last one month, 19.83% in the previous three months, and 2.37% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 8.94% and 13.58%, respectively. Furthermore, shares of Xenia Hotels & Resorts, which operates as a self-advised and self-administered REIT that invests primarily in full service, lifestyle, and urban upscale hotels in the US, have an RSI of 66.63.  

On June 22nd, 2017, the Company announced the completion of the five-hotel, 812-guestroom portfolio sale to an affiliate of Summit Hotel Properties for a total purchase price of $163 million, or approximately $201,000 per key. The portfolio includes the 203-guestroom Courtyard Fort Worth Downtown/Blackstone, the 123-guestroom Courtyard Kansas City Country Club Plaza, the 182-guestroom Courtyard Pittsburgh Downtown, the 116-guestroom Hampton Inn & Suites Baltimore Inner Harbor, and the 188-guestroom Residence Inn Baltimore Downtown/Inner Harbor.

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