LaSalle Hotel Properties (LHO) Analysts See $0.82 EPS

July 18, 2017 - By Peter Erickson

 LaSalle Hotel Properties (LHO) Analysts See $0.82 EPS
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.
Tiaa Cref Investment Mgmt Limited stated it has 344,653 shares or 0.01% of all its holdings. Clearbridge Limited Liability Corporation accumulated 0% or 30,890 shares. Ohio-based Fifth Third Bankshares has invested 0% in LaSalle Hotel Properties (NYSE:LHO). Moreover, Citadel Advsrs Lc has 0.01% invested in LaSalle Hotel Properties (NYSE:LHO) for 290,571 shares. Blackrock Fund Advsrs reported 0.04% in LaSalle Hotel Properties (NYSE:LHO). Martingale Asset Management Lp invested in 21,031 shares. Blackrock Institutional Trust Na reported 4.57 million shares. Illinois-based Lsv Asset Management has invested 0% in LaSalle Hotel Properties (NYSE:LHO). Federated Inc Pa owns 63,264 shares or 0.01% of their US portfolio. Rhumbline Advisers accumulated 258,882 shares. Nationwide Fund Advisors owns 515,503 shares. Credit Agricole S A holds 22,938 shares or 0% of its portfolio. 10,850 are held by Fisher Asset Limited Co. Parametric Port Assoc Llc reported 282,434 shares. Moreover, Schwab Charles Investment Management Inc has 0.04% invested in LaSalle Hotel Properties (NYSE:LHO).

Analysts await LaSalle Hotel Properties (NYSE:LHO) to report earnings on July, 19. They expect $0.82 earnings per share, down 13.68 % or $0.13 from last year’s $0.95 per share. LHO’s profit will be $94.66M for 9.40 P/E if the $0.82 EPS becomes a reality. After $0.45 actual earnings per share reported by LaSalle Hotel Properties for the previous quarter, Wall Street now forecasts 82.22 % EPS growth. The stock increased 1.95% or $0.59 on July 17, reaching $30.84. About shares traded. LaSalle Hotel Properties (NYSE:LHO) has risen 29.62% since July 18, 2016 and is uptrending. It has outperformed by 12.92% the S&P500.

LaSalle Hotel Properties (NYSE:LHO) Ratings Coverage

Among 19 analysts covering LaSalle Hotel Properties (NYSE:LHO), 3 have Buy rating, 2 Sell and 14 Hold. Therefore 16% are positive. LaSalle Hotel Properties had 56 analyst reports since July 21, 2015 according to SRatingsIntel. Goldman Sachs initiated LaSalle Hotel Properties (NYSE:LHO) on Monday, April 10 with “Neutral” rating. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, December 17. On Monday, October 5 the stock rating was upgraded by Evercore to “Buy”. The rating was maintained by Barclays Capital with “Equal Weight” on Saturday, August 15. The rating was downgraded by Barclays Capital on Friday, December 18 to “Underweight”. The firm earned “Hold” rating on Monday, October 26 by Canaccord Genuity. Stifel Nicolaus maintained the shares of LHO in report on Friday, January 6 with “Hold” rating. As per Tuesday, January 19, the company rating was downgraded by Ladenburg Thalmann. The rating was maintained by Credit Suisse with “Outperform” on Wednesday, March 23. The firm has “Market Perform” rating by Wells Fargo given on Tuesday, December 13.

LaSalle Hotel Properties is a self-administered and self-managed real estate investment trust. The company has market cap of $3.56 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 17.5 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 important recent LaSalle Hotel Properties (NYSE:LHO) news were published by: Seekingalpha.com which released: “LaSalle Hotel Properties’ (LHO) CEO Mike Barnello on Q1 2017 Results …” on April 21, 2017, also Seekingalpha.com published article titled: “LaSalle Hotel Properties’ (LHO) CEO Mike Barnello on Q4 2016 Results …”, Forbes.com published: “LaSalle Hotel Properties is Oversold” on September 26, 2016. More interesting news about LaSalle Hotel Properties (NYSE:LHO) was released by: Nasdaq.com and their article: “Reminder: LaSalle Hotel Properties’s 6.3% Series J Cumulative Redeemable …” with publication date: June 26, 2017.

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