Honeywell International Decreased Its Lasalle Hotel Pptys (LHO) Holding; Saba Capital Management LP Boosted By $5.86 Million Its Delaware Enhanced Gbl Div & (DEX) Stake

January 14, 2018 - By Peter Erickson

Saba Capital Management Lp increased Delaware Enhanced Gbl Div & (DEX) stake by 50.83% reported in 2017Q3 SEC filing. Saba Capital Management Lp acquired 532,393 shares as Delaware Enhanced Gbl Div & (DEX)’s stock rose 7.47%. The Saba Capital Management Lp holds 1.58 million shares with $18.74M value, up from 1.05 million last quarter. Delaware Enhanced Gbl Div & now has $ valuation. The stock decreased 0.24% or $0.03 during the last trading session, reaching $12.46. About 34,189 shares traded. Delaware Enhanced Global Dividend and Income Fund (NYSE:DEX) has risen 22.39% since January 14, 2017 and is uptrending. It has outperformed by 5.69% the S&P500.

Honeywell International Inc decreased Lasalle Hotel Pptys (LHO) stake by 39.65% reported in 2017Q3 SEC filing. Honeywell International Inc sold 21,149 shares as Lasalle Hotel Pptys (LHO)’s stock declined 4.23%. The Honeywell International Inc holds 32,186 shares with $934,000 value, down from 53,335 last quarter. Lasalle Hotel Pptys now has $3.25 billion valuation. The stock increased 0.85% or $0.24 during the last trading session, reaching $28.64. About 1.29M shares traded. LaSalle Hotel Properties (NYSE:LHO) has risen 29.62% since January 14, 2017 and is uptrending. It has outperformed by 12.92% the S&P500.

Honeywell International Inc increased Canadian Pac Ry Ltd (NYSE:CP) stake by 50,200 shares to 180,000 valued at $30.25 million in 2017Q3. It also upped Salesforce Com Inc (NYSE:CRM) stake by 80,000 shares and now owns 204,400 shares. Ggp Inc was raised too.

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 $60.09 million for 13.51 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.

Investors sentiment decreased to 1.12 in Q3 2017. Its down 0.01, from 1.13 in 2017Q2. It dived, as 26 investors sold LHO 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. Moreover, Tiaa Cref Investment Limited Co has 0.01% invested in LaSalle Hotel Properties (NYSE:LHO). 247,200 were accumulated by Manufacturers Life Insur The. The New York-based Tower Research Cap Ltd (Trc) has invested 0.03% in LaSalle Hotel Properties (NYSE:LHO). Natixis, France-based fund reported 21,765 shares. Moreover, Seizert Capital Ptnrs Ltd Liability Corp has 0.15% invested in LaSalle Hotel Properties (NYSE:LHO). Moreover, Great West Life Assurance Can has 0.01% invested in LaSalle Hotel Properties (NYSE:LHO). Advantus Capital reported 46,693 shares. California-based Wells Fargo & Mn has invested 0.02% in LaSalle Hotel Properties (NYSE:LHO). Morgan Stanley holds 0.07% or 8.01 million shares. Strs Ohio has invested 0.04% of its portfolio in LaSalle Hotel Properties (NYSE:LHO). Moreover, Sei Invs has 0.01% invested in LaSalle Hotel Properties (NYSE:LHO) for 132,461 shares. Dupont Capital Mngmt stated it has 43,870 shares. American Century reported 422,372 shares. Moreover, Vident Inv Advisory Limited Liability Com has 0.08% invested in LaSalle Hotel Properties (NYSE:LHO). Moreover, Chicago Equity Prtnrs Limited has 0.03% invested in LaSalle Hotel Properties (NYSE:LHO).

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. Canaccord Genuity maintained the stock with “Hold” rating in Monday, October 26 report. The stock of LaSalle Hotel Properties (NYSE:LHO) has “Sell” rating given on Tuesday, January 19 by Ladenburg Thalmann. RBC Capital Markets maintained LaSalle Hotel Properties (NYSE:LHO) on Monday, January 4 with “Sector Perform” rating. SunTrust maintained it with “Hold” rating and $26.0 target in Tuesday, October 17 report. Wells Fargo downgraded the stock to “Market Perform” rating in Tuesday, December 13 report. Deutsche Bank maintained LaSalle Hotel Properties (NYSE:LHO) rating on Friday, July 21. Deutsche Bank has “Hold” rating and $27 target. Citigroup maintained it with “Neutral” rating and $26.5 target in Wednesday, October 25 report. The firm has “Hold” rating by Stifel Nicolaus given on Friday, January 6. Boenning & Scattergood maintained LaSalle Hotel Properties (NYSE:LHO) on Tuesday, June 27 with “Buy” rating. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, October 16.

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