LaSalle Hotel Properties (LHO) EPS Estimated At $0.76

June 14, 2018 - By Dolores Ford

LaSalle Hotel Properties (NYSE:LHO) LogoInvestors sentiment decreased to 0.81 in Q1 2018. Its down 0.34, from 1.15 in 2017Q4. It turned negative, 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.
San Francisco Sentry Invest (Ca) has invested 0.01% in LaSalle Hotel Properties (NYSE:LHO). California Employees Retirement System accumulated 347,269 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt invested in 30,526 shares or 0.01% of the stock. Clearbridge Limited Liability Company holds 0% of its portfolio in LaSalle Hotel Properties (NYSE:LHO) for 1,171 shares. 296,923 were reported by Amer. Proshare Advsr Lc reported 0.01% in LaSalle Hotel Properties (NYSE:LHO). Goldman Sachs Gp has 1.33 million shares for 0.01% of their portfolio. Cap Advisers Limited Liability Company owns 0% invested in LaSalle Hotel Properties (NYSE:LHO) for 21,136 shares. Independent Order Of Foresters reported 0.41% in LaSalle Hotel Properties (NYSE:LHO). Moors And Cabot reported 0.04% of its portfolio in LaSalle Hotel Properties (NYSE:LHO). Commercial Bank Of America Corporation De has 2.86 million shares. Morgan Stanley has invested 0.04% in LaSalle Hotel Properties (NYSE:LHO). Amp Cap Invsts has invested 0.03% of its portfolio in LaSalle Hotel Properties (NYSE:LHO). Royal National Bank Of Canada invested 0% of its portfolio in LaSalle Hotel Properties (NYSE:LHO). Security Cap Research Management has invested 0.5% in LaSalle Hotel Properties (NYSE:LHO).

Since March 2, 2018, it had 1 insider purchase, and 0 insider sales 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 $84.00 million giving it 11.68 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. It closed at $35.52 lastly. It is down 16.81% since June 15, 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. Robert W. Baird downgraded the stock to “Hold” rating in Tuesday, May 22 report. The company was upgraded on Monday, April 2 by Evercore. The stock of LaSalle Hotel Properties (NYSE:LHO) has “Buy” rating given on Friday, May 18 by BTIG Research. The rating was upgraded by J.P. Morgan on Thursday, May 10 to “Hold”. Stifel Nicolaus maintained it with “Hold” rating and $30.5000 target in Monday, April 16 report. Robert W. Baird maintained it with “Neutral” rating and $27 target in Thursday, February 22 report. The stock of LaSalle Hotel Properties (NYSE:LHO) has “Equal-Weight” rating given on Thursday, February 22 by Morgan Stanley. Stifel Nicolaus maintained LaSalle Hotel Properties (NYSE:LHO) rating on Tuesday, April 24. Stifel Nicolaus has “Hold” rating and $31.5000 target. The rating was maintained by Evercore on Sunday, May 20 with “Hold”. The company was maintained on Thursday, February 22 by Deutsche Bank.

LaSalle Hotel Properties is a leading multi-operator real estate investment trust. The company has market cap of $3.93 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 23.06 P/E ratio. The Firm focuses on owning, redeveloping and repositioning upscale, full-service hotels located in urban, resort and convention markets.

More news for LaSalle Hotel Properties (NYSE:LHO) were recently published by: Digitaljournal.com, which released: “NYSE:LHO Investor Alert: Investigation of Takeover of LaSalle Hotel Properties” on May 30, 2018. Seekingalpha.com‘s article titled: “LaSalle +1% after Pebblebrook revises bid in effort to thwart Blackstone deal” and published on June 11, 2018 is yet another important article.

LaSalle Hotel Properties (NYSE:LHO) Institutional Positions Chart

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