Hot Financial Companies To Invest In 2015

Hot Financial Companies To Invest In 2015: FelCor Lodging Trust Incorporated (FCH)

FelCor Lodging Trust Incorporated is a publicly owned real estate investment trust. The firm engages in investment and management of properties in the hospitality industry. It invests in the real estate markets of the United States. The firm primarily invests in hotels with a focus on the ownership of upper-upscale, full-service hotels and resorts. It was formerly known as FelCor Suite Hotels, Inc. FelCor Lodging Trust was founded in 1994 and is based in Irving, Texas.

Advisors' Opinion:

• [By George Putnam]

  Steve Halpern: Now, one of the positions that you've looked at is FelCor Lodging (FCH). Could you tell us a little about that?

  George Putnam: Sure. Well, it grew fairly rapidly before the downturn in 2008 and didn't really have a great focus. With the new management team after 2008, they have sold off a lot of non-core properties and are focusing on more upscale properties and strong markets, and they've used the proceeds from asset sales to help the balance sheet. They have paid down a lot of high-priced debt, which also helps the bottom line.

• [By Rich Smith]

  Irving, Texas-based FelCor Lodging Trust (NYSE: FCH  ) will soon have a new chief financial officer.

  On Monday, the real estate investment trust announced that CFO Andrew J. Welch intends to retire from the company at the end of this year. He will resign his post on July 1 but remain with the company a few months longer to facilitate the transition to a new CFO. Said new CFO will be Michael C. Hughes, the current company treasurer and senior vice president for finance, who will be promoted to CFO on July 1.

• [By Rich Duprey]

  Luxury hotel REIT FelCor Lodging Trust (NYSE: FCH  ) announced yesterday its second-quarter dividends for two se! ries of preferred shares. For its Series A cumulative convertible preferred stock, it would pay $0.4875 per share, while on its 8% Series C cumulative redeemable preferred stock it would pay $0.50 per depositary share.

source from Top Stocks For 2015:http://www.topstocksblog.com/hot-financial-companies-to-invest-in-2015-2.html