Archrock Partners LP (APLP) Trades at $12.40 After Triangle; Lasalle Hotel Properties (LHO) Sellers Increased By 14.28% Their Shorts

November 15, 2017 - By Adrian Erickson

Archrock Partners LP (APLP) formed triangle with $13.14 target or 6.00% above today’s $12.40 share price. Archrock Partners LP (APLP) has $870.31M valuation. The stock decreased 4.98% or $0.65 on November 14, reaching $12.4. About shares traded. Archrock Partners LP (NASDAQ:APLP) has risen 11.95% since November 15, 2016 and is uptrending. It has underperformed by 4.75% the S&P500.

Lasalle Hotel Properties (NYSE:LHO) had an increase of 14.28% in short interest. LHO’s SI was 9.92M shares in November as released by FINRA. Its up 14.28% from 8.68M shares previously. With 1.97M avg volume, 5 days are for Lasalle Hotel Properties (NYSE:LHO)’s short sellers to cover LHO’s short positions. The SI to Lasalle Hotel Properties’s float is 8.82%. The stock decreased 0.25% or $0.07 during the last trading session, reaching $28.33. About shares traded. LaSalle Hotel Properties (NYSE:LHO) has risen 29.62% since November 15, 2016 and is uptrending. It has outperformed by 12.92% the S&P500.

Among 3 analysts covering Archrock Partners L.P. – Common Units representing Limited Partner Interests (NASDAQ:APLP), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Archrock Partners L.P. – Common Units representing Limited Partner Interests had 6 analyst reports since November 9, 2015 according to SRatingsIntel. The rating was upgraded by RBC Capital Markets on Wednesday, August 23 to “Outperform”. The firm has “Buy” rating by Goldman Sachs given on Tuesday, June 21. Barclays Capital maintained Archrock Partners LP (NASDAQ:APLP) rating on Monday, November 9. Barclays Capital has “Equal-Weight” rating and $21 target. RBC Capital Markets maintained the shares of APLP in report on Friday, August 5 with “Sector Perform” rating.

Analysts await Archrock Partners LP (NASDAQ:APLP) to report earnings on February, 22. They expect $0.10 earnings per share, down 37.50% or $0.06 from last year’s $0.16 per share. APLP’s profit will be $7.02 million for 31.00 P/E if the $0.10 EPS becomes a reality. After $0.02 actual earnings per share reported by Archrock Partners LP for the previous quarter, Wall Street now forecasts 400.00% EPS growth.

LaSalle Hotel Properties is a self-administered and self-managed real estate investment trust. The company has market cap of $3.21 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 17.48 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 .

Among 23 analysts covering LaSalle Hotel Properties (NYSE:LHO), 2 have Buy rating, 3 Sell and 18 Hold. Therefore 9% are positive. LaSalle Hotel Properties had 72 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Wednesday, September 13 by Stifel Nicolaus. The company was maintained on Thursday, July 13 by Stifel Nicolaus. The firm earned “Hold” rating on Thursday, December 17 by Stifel Nicolaus. The rating was maintained by Boenning & Scattergood on Wednesday, April 19 with “Outperform”. Citigroup maintained the stock with “Neutral” rating in Wednesday, October 5 report. The stock of LaSalle Hotel Properties (NYSE:LHO) earned “Market Perform” rating by Wells Fargo on Tuesday, December 13. The firm has “Market Perform” rating by Wells Fargo given on Tuesday, October 24. The firm earned “Neutral” rating on Wednesday, October 25 by Citigroup. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, February 22. The company was downgraded on Wednesday, September 2 by Zacks.

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