EPS for LaSalle Hotel Properties (LHO) Expected At $0.76

June 16, 2018 - By Marie Mckinney

LaSalle Hotel Properties (NYSE:LHO) LogoInvestors sentiment decreased to 0.81 in 2018 Q1. Its down 0.34, from 1.15 in 2017Q4. It dived, as 32 investors sold LaSalle Hotel Properties shares while 81 reduced holdings. 29 funds opened positions while 62 raised stakes. 113.67 million shares or 6.56% less from 121.65 million shares in 2017Q4 were reported.
Utah Retirement has invested 0.01% in LaSalle Hotel Properties (NYSE:LHO). Victory Cap Mngmt holds 1,640 shares. Citadel Ltd Llc accumulated 72,859 shares. Alliancebernstein L P invested in 0% or 232,069 shares. Moreover, Glenmede Com Na has 0% invested in LaSalle Hotel Properties (NYSE:LHO). Shelton Capital Mgmt has 0.02% invested in LaSalle Hotel Properties (NYSE:LHO) for 8,554 shares. Blackrock Inc invested in 0.02% or 15.32 million shares. Virginia Retirement Et Al stated it has 0% of its portfolio in LaSalle Hotel Properties (NYSE:LHO). Hg Vora Capital Ltd Liability Com has invested 15.54% in LaSalle Hotel Properties (NYSE:LHO). Ing Groep Nv holds 0.01% or 17,221 shares. Jpmorgan Chase Co holds 0% in LaSalle Hotel Properties (NYSE:LHO) or 457,034 shares. Ny State Teachers Retirement Sys reported 0.01% stake. Amalgamated Savings Bank has 16,185 shares. Kennedy Cap Management has 0.11% invested in LaSalle Hotel Properties (NYSE:LHO). Landscape Management holds 41,500 shares or 0.09% of its portfolio.

Since March 2, 2018, it had 1 insider purchase, and 0 selling transactions for $478,180 activity.

Analysts expect LaSalle Hotel Properties (NYSE:LHO) to report $0.76 EPS on July, 18.They anticipate $0.05 EPS change or 6.17 % from last quarter’s $0.81 EPS. LHO’s profit would be $84.01M giving it 11.61 P/E if the $0.76 EPS is correct. After having $0.30 EPS previously, LaSalle Hotel Properties’s analysts see 153.33 % EPS growth. The stock decreased 0.62% or $0.22 during the last trading session, reaching $35.3. About 4.03 million shares traded or 55.99% up from the average. LaSalle Hotel Properties (NYSE:LHO) has risen 16.81% since June 17, 2017 and is uptrending. It has outperformed by 4.24% the S&P500.

LaSalle Hotel Properties (NYSE:LHO) Ratings Coverage

Among 11 analysts covering LaSalle Hotel Properties (NYSE:LHO), 1 have Buy rating, 0 Sell and 10 Hold. Therefore 9% are positive. LaSalle Hotel Properties had 17 analyst reports since February 22, 2018 according to SRatingsIntel. SunTrust maintained LaSalle Hotel Properties (NYSE:LHO) rating on Thursday, February 22. SunTrust has “Hold” rating and $24.0 target. The firm has “In-Line” rating given on Monday, April 2 by Evercore. Robert W. Baird maintained LaSalle Hotel Properties (NYSE:LHO) on Thursday, February 22 with “Neutral” rating. Boenning \u0026 Scattergood upgraded LaSalle Hotel Properties (NYSE:LHO) on Thursday, March 29 to “Neutral” rating. Stifel Nicolaus maintained the stock with “Hold” rating in Tuesday, April 24 report. The stock of LaSalle Hotel Properties (NYSE:LHO) has “Hold” rating given on Thursday, February 22 by Deutsche Bank. Barclays Capital upgraded the stock to “Hold” rating in Monday, May 21 report. RBC Capital Markets maintained LaSalle Hotel Properties (NYSE:LHO) on Friday, February 23 with “Hold” rating. The stock of LaSalle Hotel Properties (NYSE:LHO) earned “Underweight” rating by Barclays Capital on Thursday, February 22. The stock has “Hold” rating by Robert W. Baird on Tuesday, May 22.

LaSalle Hotel Properties is a leading multi-operator real estate investment trust. The company has market cap of $3.90 billion. The Firm owns 41 properties, which are upscale, full-service hotels, totaling approximately 10,400 guest rooms in 11 markets in seven states and the District of Columbia. It has a 22.92 P/E ratio. The Firm focuses on owning, redeveloping and repositioning upscale, full-service hotels located in urban, resort and convention markets.

More recent LaSalle Hotel Properties (NYSE:LHO) news were published by: Digitaljournal.com which released: “NYSE:LHO Investor Alert: Investigation of Takeover of LaSalle Hotel Properties” on May 30, 2018. Also Streetinsider.com published the news titled: “Pebblebrook Hotel Trust (PEB) Made Verbal Bid for Lasalle Hotel Properties (LHO) at Exchange Ratio of 0.92 …” on June 07, 2018. Seekingalpha.com‘s news article titled: “LaSalle +1% after Pebblebrook revises bid in effort to thwart Blackstone deal” with publication date: June 11, 2018 was also an interesting one.

LaSalle Hotel Properties (NYSE:LHO) Institutional Positions Chart

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