How Many LaSalle Hotel Properties (NYSE:LHO)’s Analysts Are Bearish?

April 16, 2018 - By Jason Grubb

LaSalle Hotel Properties (NYSE:LHO) LogoInvestors sentiment increased to 1.15 in Q4 2017. Its up 0.03, from 1.12 in 2017Q3. It improved, as 26 investors sold LaSalle Hotel Properties shares while 73 reduced holdings. 38 funds opened positions while 76 raised stakes. 121.65 million shares or 2.43% more from 118.77 million shares in 2017Q3 were reported.
Arrow Invest Advsr Limited Liability Company stated it has 21,318 shares. Jennison Assocs Limited accumulated 71,022 shares or 0% of the stock. Strs Ohio holds 0.02% of its portfolio in LaSalle Hotel Properties (NYSE:LHO) for 179,936 shares. Dimensional Fund Limited Partnership holds 0.02% or 1.79M shares. Citadel Advsrs Limited Co reported 60,822 shares or 0% of all its holdings. Old Mutual Global (Uk) holds 0% or 12,452 shares in its portfolio. Stevens L P accumulated 19,270 shares or 0.02% of the stock. Advantus Cap Management owns 34,545 shares. Prudential stated it has 78,388 shares or 0% of all its holdings. Frontier Investment Mgmt Com has invested 1.18% in LaSalle Hotel Properties (NYSE:LHO). Schroder Investment Mngmt Group Inc holds 0.01% of its portfolio in LaSalle Hotel Properties (NYSE:LHO) for 110,437 shares. Smithfield Company stated it has 95 shares or 0% of all its holdings. Seizert Capital Ptnrs Limited stated it has 0.2% in LaSalle Hotel Properties (NYSE:LHO). Zurcher Kantonalbank (Zurich Cantonalbank) has 19,951 shares. Renaissance Gp Ltd reported 0.01% stake.

Since March 2, 2018, it had 1 insider purchase, and 0 selling transactions for $478,180 activity.

LaSalle Hotel Properties (NYSE:LHO) Ratings Coverage

Among 14 analysts covering Lasalle Hotel Properties (NYSE:LHO), 1 have Buy rating, 5 Sell and 8 Hold. Therefore 7% are positive. Lasalle Hotel Properties had 22 analyst reports since October 17, 2017 according to SRatingsIntel. Citigroup maintained it with “Neutral” rating and $26.5 target in Wednesday, October 25 report. Evercore downgraded the shares of LHO in report on Monday, November 20 to “Underperform” rating. The stock of LaSalle Hotel Properties (NYSE:LHO) earned “Market Perform” rating by Wells Fargo on Tuesday, October 24. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, October 23. Boenning \u0026 Scattergood upgraded the stock to “Neutral” rating in Thursday, March 29 report. JP Morgan downgraded the stock to “Underweight” rating in Thursday, November 16 report. The stock has “Market Perform” rating by Raymond James on Monday, October 30. The firm has “Hold” rating given on Thursday, February 22 by Deutsche Bank. The firm earned “Neutral” rating on Thursday, February 22 by Robert W. Baird. The rating was upgraded by Robert W. Baird on Monday, March 5 to “Buy”. Below is a list of LaSalle Hotel Properties (NYSE:LHO) latest ratings and price target changes.

03/04/2018 Broker: Robert W. Baird Rating: Buy New Target: $30.0000 Maintain
02/04/2018 Broker: Evercore Old Rating: Underperform New Rating: In-Line Old Target: $26 New Target: $31 Upgrade
29/03/2018 Broker: Boenning \u0026 Scattergood Old Rating: Underperform New Rating: Neutral Upgrade
05/03/2018 Broker: Robert W. Baird Rating: Buy Upgrade
22/02/2018 Broker: SunTrust Rating: Hold New Target: $24.0 Maintain
23/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $26.0 Maintain
22/02/2018 Broker: Barclays Capital Old Rating: Underweight New Rating: Underweight Old Target: $27 New Target: $24 Maintain
22/02/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $27 New Target: $24 Maintain
22/02/2018 Broker: Robert W. Baird Old Rating: Neutral New Rating: Neutral Old Target: $30 New Target: $27 Maintain
22/02/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $28 New Target: $24 Maintain

The stock increased 2.40% or $0.72 during the last trading session, reaching $30.66. About 352,042 shares traded. LaSalle Hotel Properties (NYSE:LHO) has declined 11.57% since April 16, 2017 and is downtrending. It has underperformed by 23.12% the S&P500.

LaSalle Hotel Properties, a real estate investment trust , engages in the purchase, ownership, redevelopment, and leasing of primarily upscale and luxury full-service hotels in convention, resort, and urban business markets in the United States. The company has market cap of $3.48 billion. It owns 34 hotels, totaling approximately 9,200 guest rooms in 15 markets in 11 states and the District of Columbia. It has a 19.91 P/E ratio. The firm qualifies as a REIT under the Internal Revenue Code of 1986.

LaSalle Hotel Properties (NYSE:LHO) Institutional Positions Chart

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