Analysts See $0.68 EPS for LaSalle Hotel Properties (LHO)

September 16, 2018 - By Carolyn Hewitt

LaSalle Hotel Properties (NYSE:LHO) LogoInvestors sentiment increased to 0.93 in Q2 2018. Its up 0.12, from 0.81 in 2018Q1. It improved, as 34 investors sold LaSalle Hotel Properties shares while 87 reduced holdings. 70 funds opened positions while 42 raised stakes. 100.10 million shares or 11.94% less from 113.67 million shares in 2018Q1 were reported.
The Pennsylvania-based Pnc Fin Services Group Inc has invested 0% in LaSalle Hotel Properties (NYSE:LHO). Aperio Ltd owns 0.01% invested in LaSalle Hotel Properties (NYSE:LHO) for 37,147 shares. Morgan Stanley invested 0% of its portfolio in LaSalle Hotel Properties (NYSE:LHO). Franklin holds 102,050 shares. Georgia-based Invesco Ltd has invested 0.01% in LaSalle Hotel Properties (NYSE:LHO). Gabelli Funds Limited Co reported 0.06% stake. Amp Ltd reported 148,640 shares. Jefferies Grp Inc Ltd Liability Corporation holds 0.01% or 44,400 shares. State Street reported 5.15 million shares or 0.01% of all its holdings. Carlson Capital L P has invested 0.58% in LaSalle Hotel Properties (NYSE:LHO). Polar Asset Mngmt Ptnrs Inc invested in 0.06% or 100,000 shares. Qs Investors Ltd Liability Corporation owns 0.06% invested in LaSalle Hotel Properties (NYSE:LHO) for 186,201 shares. Gideon Capital Incorporated owns 6,726 shares or 0.12% of their US portfolio. Boothbay Fund Mgmt Ltd Liability Com has invested 0.02% in LaSalle Hotel Properties (NYSE:LHO). Massmutual Tru Fsb Adv has 0% invested in LaSalle Hotel Properties (NYSE:LHO).

Analysts expect LaSalle Hotel Properties (NYSE:LHO) to report $0.68 EPS on October, 18.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $0.68 EPS. LHO’s profit would be $75.20 million giving it 12.60 P/E if the $0.68 EPS is correct. After having $0.80 EPS previously, LaSalle Hotel Properties’s analysts see -15.00 % EPS growth. The stock decreased 0.26% or $0.09 during the last trading session, reaching $34.26. About 2.51M shares traded or 93.88% up from the average. LaSalle Hotel Properties (NYSE:LHO) has risen 19.18% since September 16, 2017 and is uptrending. It has outperformed by 3.56% the S&P500.

LaSalle Hotel Properties (NYSE:LHO) Ratings Coverage

Among 8 analysts covering LaSalle Hotel Props (NYSE:LHO), 1 have Buy rating, 0 Sell and 7 Hold. Therefore 13% are positive. LaSalle Hotel Props had 11 analyst reports since March 29, 2018 according to SRatingsIntel. The company was maintained on Friday, August 10 by JP Morgan. The firm has “Buy” rating given on Friday, May 18 by BTIG Research. The stock of LaSalle Hotel Properties (NYSE:LHO) earned “Hold” rating by J.P. Morgan on Thursday, May 10. The firm has “Neutral” rating given on Thursday, March 29 by Boenning \u0026 Scattergood. The firm has “Hold” rating given on Tuesday, May 22 by Robert W. Baird. The stock has “Hold” rating by Stifel Nicolaus on Monday, April 16. The rating was maintained by Stifel Nicolaus on Tuesday, April 24 with “Hold”. As per Tuesday, April 3, the company rating was maintained by Robert W. Baird. Evercore upgraded LaSalle Hotel Properties (NYSE:LHO) on Monday, April 2 to “In-Line” rating. The stock has “Hold” rating by Barclays Capital on Monday, May 21.

LaSalle Hotel Properties is a leading multi-operator real estate investment trust. The company has market cap of $3.79 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 60.96 P/E ratio. The Firm focuses on owning, redeveloping and repositioning upscale, full-service hotels located in urban, resort and convention markets.

More notable recent LaSalle Hotel Properties (NYSE:LHO) news were published by: Seekingalpha.com which released: “The Battle For Lasalle” on August 28, 2018, also Seekingalpha.com with their article: “Merger Arbitrage Mondays – September 3, 2018” published on September 04, 2018, Seekingalpha.com published: “LaSalle Hotel board calls Pebblebrook’s bid a `superior proposal’ to Blackstone’s” on September 05, 2018. More interesting news about LaSalle Hotel Properties (NYSE:LHO) were released by: Digitaljournal.com and their article: “NYSE:LHO Investor Alert: Investigation of Takeover of LaSalle Hotel Properties by Pebblebrook Hotel Trust” published on September 10, 2018 as well as Bizjournals.com‘s news article titled: “Two financial advisers recommend ‘no’ votes on LaSalle-Blackstone deal” with publication date: August 24, 2018.

LaSalle Hotel Properties (NYSE:LHO) Institutional Positions Chart

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