EPS for LaSalle Hotel Properties (LHO) Expected At $0.76 on July, 18

June 27, 2018 - By Michael Higginson

LaSalle Hotel Properties (NYSE:LHO) Corporate Logo
During Q1 2018 the big money sentiment decreased to 0.81. That’s change of 0.34, from 2017Q4’s 1.15. 32 investors sold all, 81 reduced holdings as LaSalle Hotel Properties ratio is negative. 62 grew holdings while 29 funds bought holdings. Funds hold 113.67 million shares thus 6.56% less from 2017Q4’s 121.65 million shares.
First Mercantile Trust reported 268 shs. Davis Selected Advisers has 204,732 shs for 0.03% of their capital. Arizona State Retirement Sys invested 0.02% of its capital in LaSalle Hotel Properties (NYSE:LHO). Prudential Finance accumulated 78,228 shs. Royal Bank & Trust Of Canada invested in 106,979 shs or 0% of the stock. Pub Employees Retirement Association Of Colorado holds 0% or 21,258 shs in its capital. Ny State Common Retirement Fund, a New York-based fund reported 143,390 shs. Jpmorgan Chase And Com holds 0% of its capital in LaSalle Hotel Properties (NYSE:LHO) for 457,034 shs. Deutsche State Bank Ag has 0.08% invested in LaSalle Hotel Properties (NYSE:LHO) for 4.49M shs. Bowling Portfolio Management Ltd Liability Com holds 0.23% of its capital in LaSalle Hotel Properties (NYSE:LHO) for 57,984 shs. Mason Street Advisors Ltd Liability Co has invested 0.04% in LaSalle Hotel Properties (NYSE:LHO). Axa invested in 252,140 shs or 0.03% of the stock. Retail Bank Of America De reported 0.01% in LaSalle Hotel Properties (NYSE:LHO). Amundi Pioneer Asset Mngmt invested in 166,924 shs or 0.01% of the stock. Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys holds 0.01% or 30,526 shs in its capital.

LaSalle Hotel Properties had 0 selling transactions and 1 buying transaction since March 2, 2018. This’s net activity of $478,180.

Investors expect LaSalle Hotel Properties (NYSE:LHO)’s quarterly earnings on July, 18., as reported by Faxor. Analysts predict 6.17 % diference or $0.76 from the $0.81 EPS from 2017. This could hit $83.99 million profit for LHO assuming the current $0.76 EPS will become reality. Analysts at Wall Street see LaSalle Hotel Properties’s 153.33 % EPS growth compared to $0.30 EPS for previous quarter. The stock increased 0.35% or $0.12 during the last trading session, hitting $34.81.LaSalle Hotel Properties has volume of 601,745 shares. Since June 27, 2017 LHO has risen 16.81% and is uptrending. LHO outperformed the S&P 500 by 4.24%.

LaSalle Hotel Properties (NYSE:LHO) Ratings Coverage

In total 11 analysts cover LaSalle Hotel Properties (NYSE:LHO). “Buy” rating has 1, “Sell” are 0, while 10 are “Hold”. 9% are bullish. 17 are the (NYSE:LHO)’s analyst reports since February 22, 2018 according to StockzIntelligence Inc. On Friday, February 23 the stock has “Hold” rating by RBC Capital Markets. On Thursday, February 22 the firm earned “Hold” rating by Deutsche Bank. On Monday, April 2 the stock of LaSalle Hotel Properties (NYSE:LHO) earned “In-Line” rating by Evercore. In Thursday, May 10 report J.P. Morgan upgraded the stock to “Hold” rating. On Tuesday, May 22 Robert W. Baird downgraded LaSalle Hotel Properties (NYSE:LHO) rating. Robert W. Baird has “Hold” rating and $3400 target. In Thursday, February 22 report SunTrust maintained it with “Hold” rating and $24.0 target. On Thursday, February 22 the firm earned “Underweight” rating by Barclays Capital. On Tuesday, April 24 the stock has “Hold” rating by Stifel Nicolaus. In Tuesday, April 3 report Robert W. Baird maintained it with “Buy” rating and $3000 target. The company rating was upgraded by BTIG Research on Friday, May 18.

LaSalle Hotel Properties is a leading multi-operator real estate investment trust.The company has $3.85 billion market cap. 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.The P/E ratio is 45.09. The Firm focuses on owning, redeveloping and repositioning upscale, full-service hotels located in urban, resort and convention markets.

A couple more LaSalle Hotel Properties (NYSE:LHO) news were posted by: Seekingalpha.com which released on June 18, 2018 “Pebblebrook Hotel Trust boosts stake in LaSalle Hotel; LHO backs Blackstone deal”, also Businesswire.com on June 18, 2018 posted “Bragar Eagel & Squire, PC Reminds Investors of an Investigation of LaSalle Hotel Properties, Inc. (LHO) on Behalf of …”, the next Seekingalpha.com is “LaSalle +1% after Pebblebrook revises bid in effort to thwart Blackstone deal” on June 11, 2018. Digitaljournal.com has article titled “NYSE:LHO Investor Alert: Investigation of Takeover of LaSalle Hotel Properties”.

LaSalle Hotel Properties (NYSE:LHO) Institutional Investors Chart

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