The Summit Hotel Properties' (INN) Buy Rating Reiterated at Canaccord Genuity

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It has underperformed by 4.09% the S&P500.

Investors sentiment increased to 1.16 in 2016 Q4. Its the same as in 2016Q3.

LaSalle Hotel Properties (NYSE:LHO)'s latest quote $31.6 $-0.02 1.18% will find technical support in $31.3 a share and a breakdown below this region would be a significantly bearish signal for LaSalle Hotel Properties traders. For the next fiscal year, analysts expect that the firm will report sales of $541.34 million per share, with estimates ranging from $513.04 million to $559.43 million. Edge Asset Management has 0.28% invested in LaSalle Hotel Properties (NYSE:LHO) for 1.20M shares. Summit Hotel Properties had 16 analyst reports since July 21, 2015 according to SRatingsIntel. Strs Ohio holds 0.05% or 363,212 shares in its portfolio. Moreover, Millennium Mgmt Limited Liability Corporation has 0.02% invested in Summit Hotel Properties Inc (NYSE:INN). Macquarie Group Ltd reported 0.05% in LaSalle Hotel Properties (NYSE:LHO). Moreover, First Trust Advisors Ltd Partnership has 0.01% invested in LaSalle Hotel Properties (NYSE:LHO). Pub Employees Retirement Association Of Colorado holds 23,108 shares or 0.01% of its portfolio. LaSalle Hotel Properties (NYSE:LHO) has risen 29.62% since June 19, 2016 and is uptrending. State Board Of Administration Of Florida Retirement stated it has 0.01% of its portfolio in LaSalle Hotel Properties (NYSE:LHO). Arizona State Retirement Systems reported 0.02% of its portfolio in LaSalle Hotel Properties (NYSE:LHO). Dimensional Fund Advsrs LP has invested 0.01% in Summit Hotel Properties Inc (NYSE:INN). Ironsides Asset Ltd accumulated 26,813 shares. Sg Americas Limited Liability Corp accumulated 11,108 shares or 0% of the stock.

US based company, LaSalle Hotel Properties (LHO)'s latest closing price distance was 11.02% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 7.49% and 6.50% compared with the 20 Day Moving Average. Zacks Investment Research upgraded shares of Summit Hotel Properties from a "sell" rating to a "hold" rating in a research note on Tuesday, May 9th. (The) started coverage on shares of LaSalle Hotel Properties in a report on Monday, April 10th. As per Monday, October 26, the company rating was maintained by Barclays Capital.

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11/14/2016 - LaSalle Hotel Properties had its " rating reiterated by analysts at Morgan Stanley. The stock has "Buy" rating by Berenberg on Tuesday, April 12. The firm earned "Outperform" rating on Tuesday, February 16 by Credit Suisse. As per Friday, July 15, the company rating was upgraded by KeyBanc Capital Markets. The stock has "Hold" rating by Pacific Crest on Thursday, August 27. Instinet has "Neutral" rating and $31 target. The stock has a market capitalization of $3.58 billion, a PE ratio of 11.75 and a beta of 1.19.

Blackrock Advisors Llc decreased Genworth Finl Inc (NYSE:GNW) stake by 4.37M shares to 682,179 valued at $2.60M in 2016Q4. Kraton Corporation (NYSE:KRA) was reduced too. (NASDAQ:AAPL), 35 have Buy rating, 1 Sell and 9 Hold. Therefore 20% are positive. The ex-dividend date of this dividend is Wednesday, June 28th. On Tuesday, February 16 the stock rating was maintained by Credit Suisse with "Outperform". The rating was downgraded by Bank of America on Monday, November 7 to "Underperform". The stock has "Neutral" rating by Citigroup on Wednesday, October 5. The correct version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/06/20/robert-w-baird-reiterates-outperform-rating-for-summit-hotel-properties-inc-inn.html. The rating was maintained by RBC Capital Markets on Wednesday, October 28 with "Sector Perform". Its up 0.06, from 1.1 in 2016Q3. Texas Permanent School Fund invested in 82,480 shares. 25 funds opened positions while 52 raised stakes. Bnp Paribas Arbitrage has 354,522 shares.

Since December 27, 2016, it had 0 insider purchases, and 32 selling transactions for $162.84 million activity. Deutsche Bancorporation Ag accumulated 0% or 95,685 shares. Brookfield Asset Mngmt invested in 3.52M shares. Pinnacle Associate owns 37,161 shares. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.60%. The institutional ownership stake in the corporation is 98.00%. The Kansas-based Creative Planning has invested 0% in GoPro Inc (NASDAQ:GPRO). The New Jersey-based Kcg Inc has invested 0.01% in Mantech International Corp (NASDAQ:MANT). Independent Consultants Inc owns 10,270 shares. It is positive, as 22 investors sold INN shares while 72 reduced holdings.

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