LaSalle Hotel Properties (LHO) EPS Estimated At $0.73

September 17, 2017 - By Migdalia James

 LaSalle Hotel Properties (LHO) EPS Estimated At $0.73
Investors sentiment is 1.01 in 2016 Q4. Its the same as in 2016Q3. It has no change, as 25 investors sold LaSalle Hotel Properties shares while 78 reduced holdings. only 34 funds opened positions while 70 raised stakes. 118.33 million shares or 4.40% less from 123.77 million shares in 2016Q3 were reported.
Convergence Inv Prtn Ltd Liability Com has invested 0.69% in LaSalle Hotel Properties (NYSE:LHO). Raymond James Fincl Advsrs accumulated 9,110 shares. Riverhead Mgmt Limited Liability Company reported 0.01% of its portfolio in LaSalle Hotel Properties (NYSE:LHO). Panagora Asset Management Inc holds 0% in LaSalle Hotel Properties (NYSE:LHO) or 2,665 shares. Century owns 296,714 shares. Nomura Asset Mngmt Limited has 0.04% invested in LaSalle Hotel Properties (NYSE:LHO) for 75,170 shares. Sumitomo Mitsui Asset Limited reported 0.18% stake. Goldman Sachs holds 0.05% or 5.25 million shares. Victory Cap Mngmt has invested 0.08% of its portfolio in LaSalle Hotel Properties (NYSE:LHO). Nationwide Fund holds 515,503 shares or 0.07% of its portfolio. Arizona State Retirement Systems reported 50,569 shares or 0.02% of all its holdings. Alliancebernstein Lp has invested 0.01% of its portfolio in LaSalle Hotel Properties (NYSE:LHO). Credit Suisse Ag has invested 0.01% in LaSalle Hotel Properties (NYSE:LHO). Balyasny Asset Management Ltd Liability Co accumulated 7,600 shares. Moreover, Geode Capital Ltd Limited Liability Company has 0.01% invested in LaSalle Hotel Properties (NYSE:LHO) for 1.04 million shares.

Analysts expect LaSalle Hotel Properties (NYSE:LHO) to report $0.73 EPS on October, 18.They anticipate $0.12 EPS change or 14.12 % from last quarter’s $0.85 EPS. LHO’s profit would be $82.73 million giving it 9.94 P/E if the $0.73 EPS is correct. After having $0.81 EPS previously, LaSalle Hotel Properties’s analysts see -9.88 % EPS growth. The stock increased 0.62% or $0.18 on September 15, reaching $29.03. About 944,138 shares traded or 7.89% up from the average. LaSalle Hotel Properties (NYSE:LHO) has risen 29.62% since September 17, 2016 and is uptrending. It has outperformed by 12.92% the S&P500.

LaSalle Hotel Properties (NYSE:LHO) Ratings Coverage

Among 22 analysts covering LaSalle Hotel Properties (NYSE:LHO), 3 have Buy rating, 3 Sell and 16 Hold. Therefore 14% are positive. LaSalle Hotel Properties had 62 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of LaSalle Hotel Properties (NYSE:LHO) earned “Sector Perform” rating by RBC Capital Markets on Wednesday, October 28. The firm has “Neutral” rating by BTIG Research given on Thursday, August 25. Morgan Stanley downgraded the shares of LHO in report on Monday, October 26 to “Equalweight” rating. The rating was maintained by Stifel Nicolaus on Thursday, July 13 with “Hold”. Credit Suisse maintained LaSalle Hotel Properties (NYSE:LHO) on Tuesday, February 16 with “Outperform” rating. Janney Capital initiated the stock with “Neutral” rating in Wednesday, December 2 report. Ladenburg Thalmann downgraded LaSalle Hotel Properties (NYSE:LHO) on Tuesday, January 19 to “Sell” rating. The stock has “Hold” rating by Zacks on Thursday, August 20. Zacks downgraded the shares of LHO in report on Wednesday, September 2 to “Hold” rating. The firm has “Hold” rating given on Monday, October 26 by Evercore.

LaSalle Hotel Properties is a self-administered and self-managed real estate investment trust. The company has market cap of $3.29 billion. The Firm primarily buys, owns, redevelops and leases upscale and luxury full-service hotels located in convention, resort and urban business markets. It has a 16.46 P/E ratio. As of December 31, 2016, the Company owned interests in 46 hotels with approximately 11,450 guest rooms located in nine states of the United States and the District of Columbia .

More notable recent LaSalle Hotel Properties (NYSE:LHO) news were published by: which released: “Technical Reports on REIT Equities – Host Hotels & Resorts, LaSalle Hotel …” on August 31, 2017, also with their article: “BRIEF-Lasalle Hotel properties provides Hurricane Irma impact update” published on September 12, 2017, published: “LaSalle Hotel Properties Declares Dividend for the Third Quarter 2017” on September 15, 2017. More interesting news about LaSalle Hotel Properties (NYSE:LHO) were released by: and their article: “Technical Insights on REIT Stocks — Host Hotels & Resorts, LaSalle Hotel …” published on July 28, 2017 as well as‘s news article titled: “LaSalle: Time To Buy This Well-Managed REIT?” with publication date: March 21, 2017.

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