Research Reports on REIT Equities -- Host Hotels & Resorts, Diamondrock Hospitality, Sunstone Hotel Investors, and LaSalle Hotel Properties
NEW YORK, October 20, 2016 /PRNewswire/ --
Stock-Callers.com turns investors' attention to the Hotel and Motel REITs industry which owns and operates hospitality properties including limited, full-service, and extended-stay hotels and motels. Companies in this space tend to offer dividend yields that are well above the wider market average. Equities to assess are Host Hotels & Resorts Inc. (NYSE: HST), Diamondrock Hospitality Co. (NYSE: DRH), Sunstone Hotel Investors Inc. (NYSE: SHO), and LaSalle Hotel Properties (NYSE: LHO). Learn more about these stocks by accessing their free research reports at:
http://stock-callers.com/registration
Host Hotels & Resorts
On Wednesday, shares in Bethesda, Maryland-based Host Hotels & Resorts Inc. recorded a trading volume of 5.70 million shares. The stock ended the session 0.13% higher at $15.72. The Company's shares have gained 6.52% on an YTD basis. The stock is trading 0.77% above its 200-day moving average. Moreover, shares of Host Hotels & Resorts, which primarily engages in the ownership and operation of hotel properties, have a Relative Strength Index (RSI) of 42.69.
On September 15th, 2016, the company announced that it will report financial results for Q3 2016 prior to market open on November 2nd, 2016, followed by a conference call at 10:00 a.m. ET. Management will discuss the company's Q3 2016 results and its business outlook for the remainder of 2016.
On September 26th, 2016, research firm Goldman initiated a 'Neutral' rating on the Company's stock. Free research report on HST is available at:
http://stock-callers.com/registration/?symbol=HST
Diamondrock Hospitality
Bethesda, Maryland-based Diamondrock Hospitality Co.'s stock closed the day 1.61% higher at $9.46 and with a total trading volume of 1.59 million shares. The Company's shares have advanced 4.75% in the past month and 2.21% since the start of this year. The stock is trading 4.54% above its 200-day moving average. Additionally, shares of Diamondrock Hospitality, which owns premium hotels and resorts in North America, have an RSI of 55.49.
On September 26th, 2016, research firm Morgan Stanley downgraded the Company's stock rating from 'Equal-Weight' to 'Underweight'.
As per notes filed with the SEC, on September 29th, 2016, DiamondRock's Board of Directors appointed Mr. William J. Shaw to the Board, effective October 1st, 2016, thus increasing the size of the Board from seven members to eight. Mr. Shaw was also appointed as a member of each of the Audit, Compensation and Nominating & Corporate Governance Committees. Mr. Shaw, 70, is the Chairman of the Board of Marriott Vacations Worldwide Corporation. The complimentary research report on DRH can be downloaded at:
http://stock-callers.com/registration/?symbol=DRH
Sunstone Hotel Investors
Shares in Aliso Viejo, California-based Sunstone Hotel Investors Inc. recorded a trading volume of 1.55 million shares, and ended yesterday's trading session 1.45% higher at $13.28. The stock has advanced 7.27% in the past month and 7.63% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 1.74% and 5.63%, respectively. Furthermore, shares of Sunstone Hotel Investors, which engages in the acquisition, ownership, asset management, renovation, and sale of luxury, upper upscale, and upscale full-service hotels in the US, have an RSI of 59.87.
On September 26th, 2016, research firm Morgan Stanley downgraded the Company's stock rating from 'Equal-Weight' to 'Underweight'.
On October 04th, 2016, Sunstone Hotel announced that it will report financial results for Q3 2016 on November 1st, 2016 after the market closes. Management will hold its quarterly conference call the next day, on November 2nd, 2016 at 12:00 p.m. ET. Visit us today and access our complete research report on SHO at:
http://stock-callers.com/registration/?symbol=SHO
LaSalle Hotel Properties
Bethesda, Maryland-based LaSalle Hotel Properties' stock finished the session 1.24% higher at $25.23. A total volume of 1.74 million shares was traded, which was above their three months average volume of 1.55 million shares. The Company's shares have advanced 5.43% in the last one month and 6.23% since the start of this year. The stock is trading above its 200-day moving average by 6.32%. Additionally, shares of LaSalle Hotel Properties, which 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 US, have an RSI of 55.97.
On October 19th, 2016, the company reported that during Q3 2016 its net income attributable to common shareholders increased 242.6% to $152.1 million, due in part to a $104.8 million gain relating to the sale of the Indianapolis Marriott Downtown. The company's hotel EBITDA margin has expanded by 29 basis points from Q3 2015 to 36.8%. LaSalle Hotel Properties generated adjusted FFO of $96.4 million, or $0.85 per diluted share/unit, compared to $98.8 million, or $0.87 per diluted share/unit, in Q3 2015, a per share/unit decrease of 2.3%. Get free access to your research report on LHO at:
http://stock-callers.com/registration/?symbol=LHO
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