Heitman Real Estate Securities Lowered Its Lasalle Hotel Properties (LHO) Holding; Profile of 7 Analysts Covering Ares Management LP (ARES)

November 15, 2017 - By Winifred Garcia

Among 10 analysts covering Ares Management (NYSE:ARES), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Ares Management had 29 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was initiated by Goldman Sachs on Tuesday, August 11 with “Neutral”. Wood maintained the stock with “Outperform” rating in Friday, April 7 report. The stock of Ares Management LP (NYSE:ARES) earned “Neutral” rating by Credit Suisse on Monday, March 14. Wood maintained Ares Management LP (NYSE:ARES) rating on Friday, October 14. Wood has “Outperform” rating and $21 target. The rating was downgraded by Keefe Bruyette & Woods to “Mkt Perform” on Monday, February 27. The firm earned “Buy” rating on Friday, November 3 by RBC Capital Markets. The firm has “Buy” rating by Keefe Bruyette & Woods given on Monday, September 4. The stock of Ares Management LP (NYSE:ARES) earned “Buy” rating by RBC Capital Markets on Wednesday, October 18. The stock of Ares Management LP (NYSE:ARES) earned “Buy” rating by Bank of America on Tuesday, December 8. The stock of Ares Management LP (NYSE:ARES) earned “Buy” rating by RBC Capital Markets on Friday, August 4. See Ares Management LP (NYSE:ARES) latest ratings:

03/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $22.0 Maintain
18/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $21.0 Maintain
21/09/2017 Broker: Oppenheimer Rating: Outperform New Target: $18 Initiates Coverage On
04/09/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $22.0 Maintain
04/08/2017 Broker: RBC Capital Markets Rating: Buy New Target: $21.0000 Maintain
04/08/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $22.0000 Maintain
14/06/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $22.0000 Maintain
30/06/2017 Broker: RBC Capital Markets Rating: Outperform New Target: $21.00 Initiate

Heitman Real Estate Securities Llc decreased Lasalle Hotel Properties (LHO) stake by 4.9% reported in 2017Q2 SEC filing. Heitman Real Estate Securities Llc sold 13,696 shares as Lasalle Hotel Properties (LHO)’s stock declined 4.23%. The Heitman Real Estate Securities Llc holds 265,676 shares with $7.92 million value, down from 279,372 last quarter. Lasalle Hotel Properties now has $3.21B valuation. It closed at $28.33 lastly. It is down 29.62% since November 15, 2016 and is uptrending. It has outperformed by 12.92% the S&P500.

Investors sentiment decreased to 1.13 in Q2 2017. Its down 0.11, from 1.24 in 2017Q1. It is negative, as 22 investors sold LHO shares while 79 reduced holdings. 31 funds opened positions while 83 raised stakes. 121.19 million shares or 1.10% more from 119.88 million shares in 2017Q1 were reported. Jennison Assocs holds 0% or 74,581 shares in its portfolio. Deutsche Commercial Bank Ag holds 0.01% of its portfolio in LaSalle Hotel Properties (NYSE:LHO) for 334,798 shares. Century Inc owns 0.01% invested in LaSalle Hotel Properties (NYSE:LHO) for 478,984 shares. Dupont Cap holds 118,450 shares. Utah Retirement Systems reported 8,493 shares. Koch Industries has invested 0.06% in LaSalle Hotel Properties (NYSE:LHO). 244,131 were accumulated by Miller Howard Inc New York. New Mexico Educational Retirement Board owns 16,092 shares. Weaver C Barksdale And Assoc owns 209 shares for 0.01% of their portfolio. Schroder Investment Management Gp holds 92,175 shares or 0.01% of its portfolio. Morgan Stanley stated it has 0.07% in LaSalle Hotel Properties (NYSE:LHO). 97,977 were reported by Glenmede Na. Kemper Master Retirement Trust owns 6,050 shares. Legal & General Grp Pcl holds 755,112 shares. Duff & Phelps Mngmt invested 0.01% of its portfolio in LaSalle Hotel Properties (NYSE:LHO).

Analysts await LaSalle Hotel Properties (NYSE:LHO) to report earnings on February, 28. They expect $0.53 EPS, down 14.52% or $0.09 from last year’s $0.62 per share. LHO’s profit will be $60.05 million for 13.36 P/E if the $0.53 EPS becomes a reality. After $0.68 actual EPS reported by LaSalle Hotel Properties for the previous quarter, Wall Street now forecasts -22.06% negative EPS growth.

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 has $40 highest and $24 lowest target. $29.26’s average target is 3.28% above currents $28.33 stock price. LaSalle Hotel Properties had 72 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Boenning & Scattergood on Friday, July 21 with “Buy”. As per Tuesday, December 13, the company rating was downgraded by Wells Fargo. The rating was maintained by RBC Capital Markets on Friday, June 23 with “Hold”. The firm has “Neutral” rating by Janney Capital given on Wednesday, December 2. Stifel Nicolaus maintained it with “Hold” rating and $28.5 target in Wednesday, September 13 report. Barclays Capital maintained LaSalle Hotel Properties (NYSE:LHO) on Monday, October 23 with “Underweight” rating. Deutsche Bank maintained LaSalle Hotel Properties (NYSE:LHO) on Friday, July 21 with “Hold” rating. The firm has “Neutral” rating given on Thursday, August 25 by BTIG Research. The stock of LaSalle Hotel Properties (NYSE:LHO) earned “Hold” rating by Stifel Nicolaus on Tuesday, March 29. The stock of LaSalle Hotel Properties (NYSE:LHO) earned “Hold” rating by Robert W. Baird on Monday, October 23.

Heitman Real Estate Securities Llc increased Acadia Realty Trust (NYSE:AKR) stake by 1.14M shares to 1.40 million valued at $38.88 million in 2017Q2. It also upped Macerich Co (NYSE:MAC) stake by 20,973 shares and now owns 139,457 shares. Kilroy Realty Corp (NYSE:KRC) was raised too.

Investors sentiment decreased to 1.56 in Q2 2017. Its down 1.69, from 3.25 in 2017Q1. It turned negative, as 8 investors sold Ares Management LP shares while 8 reduced holdings. 13 funds opened positions while 12 raised stakes. 11.45 million shares or 48.63% less from 22.28 million shares in 2017Q1 were reported. 623 were accumulated by Citigroup. James Inv owns 0.04% invested in Ares Management LP (NYSE:ARES) for 66,675 shares. Raymond James Associates holds 11,921 shares or 0% of its portfolio. Macquarie Limited reported 0% of its portfolio in Ares Management LP (NYSE:ARES). Greenwich Investment Mgmt has invested 1.26% in Ares Management LP (NYSE:ARES). 23,816 are held by Renaissance Technologies Limited Liability Com. Segall Bryant & Hamill Limited Liability has 0.21% invested in Ares Management LP (NYSE:ARES) for 483,450 shares. Jpmorgan Chase Communication stated it has 0% of its portfolio in Ares Management LP (NYSE:ARES). Barclays Pcl has invested 0% in Ares Management LP (NYSE:ARES). Ejf Limited Liability holds 927,260 shares or 1.41% of its portfolio. Century Inc has invested 0.02% of its portfolio in Ares Management LP (NYSE:ARES). Pnc Grp stated it has 141,707 shares or 0% of all its holdings. Wells Fargo Company Mn stated it has 0% in Ares Management LP (NYSE:ARES). Hsbc Public Ltd Com holds 12,379 shares or 0% of its portfolio. Clinton Group invested 0.03% of its portfolio in Ares Management LP (NYSE:ARES).

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