Laurel Grove Capital Has Increased Its Enbridge (ENB) Position; LaSalle Hotel Properties (LHO) Covered By 1 Bullish Analysts Last Week

February 17, 2018 - By Vivian Currie

Among 25 analysts covering LaSalle Hotel Properties (NYSE:LHO), 1 have Buy rating, 8 Sell and 16 Hold. Therefore 4% are positive. LaSalle Hotel Properties had 77 analyst reports since July 21, 2015 according to SRatingsIntel. The company was downgraded on Friday, December 8 by Boenning & Scattergood. Zacks upgraded LaSalle Hotel Properties (NYSE:LHO) rating on Thursday, August 20. Zacks has “Hold” rating and $36 target. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, February 22. As per Monday, October 26, the company rating was maintained by Barclays Capital. The firm has “Neutral” rating by Citigroup given on Tuesday, December 15. The firm has “Outperform” rating by Credit Suisse given on Friday, December 11. The firm has “Hold” rating given on Friday, September 29 by Robert W. Baird. Robert W. Baird maintained LaSalle Hotel Properties (NYSE:LHO) on Monday, October 23 with “Hold” rating. The stock has “Neutral” rating by Bank of America on Wednesday, August 12. The firm earned “Hold” rating on Thursday, July 13 by Stifel Nicolaus. See LaSalle Hotel Properties (NYSE:LHO) latest ratings:

14/12/2017 Broker: Citigroup Rating: Sell New Target: $25.0 Downgrade
08/12/2017 Broker: Boenning & Scattergood Rating: Sell Downgrade
20/11/2017 Broker: Evercore Old Rating: In-Line New Rating: Underperform Downgrade
16/11/2017 Broker: J.P. Morgan Rating: Sell New Target: $24.0 Downgrade
16/11/2017 Broker: JP Morgan Old Rating: Neutral New Rating: Underweight Downgrade
30/10/2017 Broker: Raymond James Old Rating: Outperform New Rating: Market Perform Downgrade
25/10/2017 Broker: Citigroup Rating: Neutral Old Target: $29 New Target: $26.5 Maintain
23/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $30.0 Maintain
24/10/2017 Broker: Wells Fargo Rating: Market Perform Old Target: $30 New Target: $29 Maintain
23/10/2017 Broker: Barclays Capital Rating: Underweight Old Target: $28 New Target: $27 Maintain

Laurel Grove Capital Llc increased Enbridge Inc (ENB) stake by 94.34% reported in 2017Q3 SEC filing. Laurel Grove Capital Llc acquired 17,500 shares as Enbridge Inc (ENB)’s stock declined 5.78%. The Laurel Grove Capital Llc holds 36,050 shares with $1.51M value, up from 18,550 last quarter. Enbridge Inc now has $57.18B valuation. The stock decreased 0.81% or $0.28 during the last trading session, reaching $34.27. About 3.35 million shares traded or 12.29% up from the average. Enbridge Inc. (NYSE:ENB) has declined 0.40% since February 17, 2017 and is downtrending. It has underperformed by 17.10% 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 $3.25 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 17.68 P/E ratio. The firm qualifies as a REIT under the Internal Revenue Code of 1986.

The stock increased 0.67% or $0.19 during the last trading session, reaching $28.64. About 1.28M shares traded. LaSalle Hotel Properties (NYSE:LHO) has risen 29.62% since February 17, 2017 and is uptrending. It has outperformed by 12.92% the S&P500.

Investors sentiment decreased to 1.12 in 2017 Q3. Its down 0.01, from 1.13 in 2017Q2. It is negative, as 26 investors sold LaSalle Hotel Properties shares while 74 reduced holdings. 31 funds opened positions while 81 raised stakes. 118.77 million shares or 2.00% less from 121.19 million shares in 2017Q2 were reported. Quantbot Technologies Ltd Partnership owns 17,980 shares for 0.05% of their portfolio. Sumitomo Mitsui has 105,733 shares. Paragon Capital Limited has 8,599 shares. Chicago Equity Prns Lc holds 0.03% of its portfolio in LaSalle Hotel Properties (NYSE:LHO) for 35,125 shares. 435,131 were accumulated by Nationwide Fund. Tower Ltd Liability Company (Trc) reported 0.03% stake. Honeywell International Inc accumulated 32,186 shares. 1.44M were reported by Geode Capital Mngmt Ltd Liability Com. 67,879 were reported by Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Management. Royal Bancshares Of Canada holds 0.01% or 794,081 shares. Bnp Paribas Arbitrage Sa holds 90,035 shares or 0.01% of its portfolio. Swiss Comml Bank, a Switzerland-based fund reported 188,700 shares. 121,625 are owned by Cornerstone Capital Management Ltd. New Mexico Educational Retirement Board holds 0.02% in LaSalle Hotel Properties (NYSE:LHO) or 16,092 shares. Vanguard Grp Incorporated invested in 0.03% or 19.78 million shares.

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