About LaSalle Hotel Properties
Lasalle Hotel Properties is a self-administered and self-managed real estate investment trust (REIT). The Company primarily buys, owns, redevelops and leases upscale and luxury hotels located in convention, resort and urban business markets. The Company owns interest in approximately 50 hotels with over 12,000 guest rooms located in approximately 10 states and the District of Columbia. LaSalle Hotel Lessee, Inc. (LHL) is the Company's subsidiary. The Company's hotels are leased to LHL that provides for rental payments. The Company's assets are held by, and all of its operations are conducted through, LaSalle Hotel Operating Partnership, L.P. (the Operating Partnership). The Company is the general partner of the Operating Partnership. The hotels, in which the Company has interests include Hotel Amarano Burbank, Hilton San Diego Gaslamp Quarter, Hotel Solamar, San Diego Paradise Point Resort and Spa, The Hilton San Diego Resort and Spa, and Harbor Court Hotel.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: REIT - Hotel/Motel
- Sub-Industry: Specialized REITs
- Exchange: NYSE
- Symbol: LHO
- CUSIP: 51794210
- Previous Close: $28.90
- 50 Day Moving Average: $30.15
- 200 Day Moving Average: $27.67
- 52-Week Range: $21.56 - $31.87
- Trailing P/E Ratio: 14.12
- Foreward P/E Ratio: 28.06
- P/E Growth: -1.37
- Market Cap: $3.31B
- Outstanding Shares: 113,087,000
- Beta: 1.17
- Net Margins: 20.49%
- Return on Equity: 10.61%
- Return on Assets: 6.38%
Companies Related to LaSalle Hotel Properties:
- Debt-to-Equity Ratio: 0.43%
- Current Ratio: 1.02%
- Quick Ratio: 1.02%
What is LaSalle Hotel Properties' stock symbol?
LaSalle Hotel Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "LHO."
How often does LaSalle Hotel Properties pay dividends? What is the dividend yield for LaSalle Hotel Properties?
LaSalle Hotel Properties declared a quarterly dividend on Thursday, December 15th. Investors of record on Friday, December 30th will be given a dividend of $0.45 per share on Tuesday, January 17th. This represents a $1.80 annualized dividend and a yield of 6.23%. The ex-dividend date is Wednesday, December 28th.
Where is LaSalle Hotel Properties' stock going? Where will LaSalle Hotel Properties' stock price be in 2017?
15 brokerages have issued twelve-month price targets for LaSalle Hotel Properties' shares. Their predictions range from $21.00 to $33.00. On average, they anticipate LaSalle Hotel Properties' stock price to reach $26.81 in the next twelve months.
When will LaSalle Hotel Properties announce their earnings?
LaSalle Hotel Properties is scheduled to release their next quarterly earnings announcement on Wednesday, April, 19th 2017.
Who owns LaSalle Hotel Properties stock?
LaSalle Hotel Properties' stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (4.89%), Dimensional Fund Advisors LP (1.37%), Edge Asset Management Inc. (1.06%), Russell Investments Group Ltd. (0.89%), Asset Management One Co. Ltd. (0.23%) and New York State Teachers Retirement System (0.21%). Company insiders that own LaSalle Hotel Properties stock include Alfred L Young, Bruce A Riggins, Michael D Barnello and William S Mccalmont.
Who sold LaSalle Hotel Properties stock? Who is selling LaSalle Hotel Properties stock?
LaSalle Hotel Properties' stock was sold by a variety of institutional investors in the last quarter, including Federated Investors Inc. PA, Thrivent Financial for Lutherans, Asset Management One Co. Ltd., State Street Corp, Employees Retirement System of Texas, Independent Order of Foresters, New York State Teachers Retirement System and Foresters Investment Management Company Inc.. Company insiders that have sold LaSalle Hotel Properties stock in the last year include Alfred L Young, Bruce A Riggins, Michael D Barnello and William S Mccalmont.
Who bought LaSalle Hotel Properties stock? Who is buying LaSalle Hotel Properties stock?
LaSalle Hotel Properties' stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Shelton Capital Management, Renaissance Technologies LLC, Edge Asset Management Inc., Guggenheim Capital LLC, Teachers Retirement System of The State of Kentucky, Heitman Real Estate Securities LLC and Putnam Investments LLC.
How do I buy LaSalle Hotel Properties stock?
Shares of LaSalle Hotel Properties can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of LaSalle Hotel Properties stock cost?
One share of LaSalle Hotel Properties stock can currently be purchased for approximately $28.90.