LaSalle Hotel Properties (LHO) Analysts See $0.73 EPS

September 17, 2017 - By Stephen Andrade

 LaSalle Hotel Properties (LHO) Analysts See $0.73 EPS
Investors sentiment is 1.01 in Q4 2016. Its the same as in 2016Q3. It is flat, 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.
Virginia Retirement Et Al reported 0% of its portfolio in LaSalle Hotel Properties (NYSE:LHO). Blackrock Fund Advisors invested in 0.04% or 7.21M shares. California State Teachers Retirement Sys reported 220,154 shares. Lasalle Invest Management Secs Ltd Liability owns 5.98M shares or 1.92% of their US portfolio. Voya Investment Mngmt Ltd Company has invested 0.05% in LaSalle Hotel Properties (NYSE:LHO). Citadel Advsrs Limited Liability Co reported 290,571 shares. Profund Advsrs Limited Liability Company reported 29,658 shares. Tiaa Cref Investment Mngmt Lc owns 344,653 shares or 0.01% of their US portfolio. Edge Asset Mngmt reported 1.20 million shares stake. Bancshares Of Montreal Can has 1,909 shares. Northern Trust Corp stated it has 0.04% of its portfolio in LaSalle Hotel Properties (NYSE:LHO). The Colorado-based Janus Capital Mngmt Ltd Liability Corporation has invested 0% in LaSalle Hotel Properties (NYSE:LHO). Finemark National Bank Trust reported 65 shares. Moreover, Principal Fincl Gru Inc has 0.04% invested in LaSalle Hotel Properties (NYSE:LHO) for 1.06 million shares. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0.01% invested in LaSalle Hotel Properties (NYSE:LHO) for 21,789 shares.

Wall Street await LaSalle Hotel Properties (NYSE:LHO) to release earnings on October, 18. Analysts forecast earnings per share of $0.73, down exactly $0.12 or 14.12 % from 2014’s $0.85 EPS. The expected LHO’s profit could reach $82.73 million giving the stock 9.94 P/E in the case that $0.73 earnings per share is reported. After posting $0.81 EPS for the previous quarter, LaSalle Hotel Properties’s analysts now forecast -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 stock has “Mkt Perform” rating by Raymond James on Monday, October 26. The firm has “Equalweight” rating given on Monday, October 26 by Morgan Stanley. The stock has “Outperform” rating by Credit Suisse on Tuesday, February 16. The firm has “Hold” rating given on Thursday, July 23 by Evercore. The rating was initiated by BTIG Research on Thursday, August 25 with “Neutral”. The stock of LaSalle Hotel Properties (NYSE:LHO) has “Market Perform” rating given on Tuesday, December 13 by Wells Fargo. Boenning \u0026 Scattergood downgraded the stock to “Neutral” rating in Thursday, August 24 report. The firm earned “Hold” rating on Wednesday, September 2 by Zacks. Credit Suisse maintained the shares of LHO in report on Wednesday, March 23 with “Outperform” rating. The firm has “Hold” rating given on Wednesday, August 12 by Zacks.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.