LaSalle Hotel Properties (LHO) EPS Estimated At $0.73

September 17, 2017 - By Maria Brooks

 LaSalle Hotel Properties (LHO) EPS Estimated At $0.73
Investors sentiment is 1.01 in 2016 Q4. Its the same as in 2016Q3. It is the same, 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.
Manning & Napier Advsr Limited Liability Company owns 109,440 shares. Renaissance Technology Limited Liability Co owns 97,700 shares. Invesco Ltd holds 0.04% of its portfolio in LaSalle Hotel Properties (NYSE:LHO) for 3.74M shares. The Illinois-based Guggenheim Capital has invested 0.02% in LaSalle Hotel Properties (NYSE:LHO). Pensionfund Dsm Netherlands holds 58,600 shares. Rhumbline Advisers reported 0.02% of its portfolio in LaSalle Hotel Properties (NYSE:LHO). Vanguard holds 17.86 million shares or 0.03% of its portfolio. South Dakota Inv Council holds 0.06% of its portfolio in LaSalle Hotel Properties (NYSE:LHO) for 95,500 shares. Delta Lloyd Nv stated it has 27,521 shares. Nomura Asset Management Limited reported 75,170 shares. Victory Capital Management reported 1.07 million shares. Capstone Asset Mgmt holds 0.01% or 10,165 shares. Goldman Sachs Group Incorporated holds 5.25 million shares or 0.05% of its portfolio. Jane Street Gp Limited Co owns 33,617 shares for 0% of their portfolio. 3,950 are held by First Mercantile Tru.

Analysts await LaSalle Hotel Properties (NYSE:LHO) to report earnings on October, 18. They expect $0.73 EPS, down 14.12 % or $0.12 from last year’s $0.85 per share. LHO’s profit will be $82.73 million for 9.94 P/E if the $0.73 EPS becomes a reality. After $0.81 actual EPS reported by LaSalle Hotel Properties for the previous quarter, Wall Street now forecasts -9.88 % negative 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 firm earned “Neutral” rating on Thursday, August 24 by Boenning \u0026 Scattergood. The stock of LaSalle Hotel Properties (NYSE:LHO) earned “Hold” rating by Zacks on Wednesday, September 2. The stock of LaSalle Hotel Properties (NYSE:LHO) has “Hold” rating given on Wednesday, August 12 by Zacks. The rating was initiated by BTIG Research with “Neutral” on Thursday, August 25. On Tuesday, February 16 the stock rating was maintained by Credit Suisse with “Outperform”. The rating was downgraded by Stifel Nicolaus on Thursday, December 17 to “Hold”. Boenning & Scattergood maintained it with “Buy” rating and $3500 target in Friday, July 21 report. The company was maintained on Wednesday, April 19 by Boenning & Scattergood. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, September 13. Deutsche Bank maintained it with “Hold” rating and $27 target in Friday, July 21 report.

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: “BRIEF-Lasalle Hotel properties provides Hurricane Irma impact update” on September 12, 2017, also with their article: “LaSalle Hotel Properties Reports Second Quarter 2017 Results” published on July 19, 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: “LaSalle Hotel Properties’ (LHO) CEO Mike Barnello on Q4 2016 Results …” published on February 24, 2017 as well as‘s news article titled: “Technical Insights on REIT Stocks — Host Hotels & Resorts, LaSalle Hotel …” with publication date: July 28, 2017.

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