|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||30.59 - 31.00|
|52 Week Range||24.10 - 31.75|
|PE Ratio (TTM)||20.05|
|Earnings Date||Apr 17, 2018 - Apr 23, 2018|
|Forward Dividend & Yield||1.80 (6.01%)|
|1y Target Est||25.86|
LONDON, UK / ACCESSWIRE / April 18, 2018 / Active-Investors.com has just released a free research report on Pebblebrook Hotel Trust (NYSE: PEB) ("PEB"). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=PEB as the Company's latest news hit the wire. On April 16, 2018, the Company announced that it has made a revised non-binding offer to acquire LaSalle Hotel Properties (NYSE: LHO) ("LHO").
LaSalle Hotel Properties, the target of a $3.6 billion takeover offer from Pebblebrook Hotel Trust, has attracted interest from other potential buyers, according to people with knowledge of the matter....
Pebblebrook Hotel Trust has sweetened its $3 billion-plus offer to buy U.S. peer LaSalle Hotel Properties after the owner of high-end locations including 'W' Los Angeles saw an initial bid rebuffed last month. Pebblebrook Chief Executive Officer Jon Bortz is seeking to regain control of LaSalle a decade after he left the company, which he founded and headed while working for global real estate group Jones Lang LaSalle in the early 1990s. LaSalle said it would review Pebblebrook's revised proposal.
LaSalle Hotel Properties (NYSE:LHO), a reits company based in United States, saw a significant share price rise of over 20% in the past couple of months on the NYSE. AsRead More...
LaSalle Hotel Properties today confirmed that it received a revised unsolicited proposal from Pebblebrook Hotel Trust on April 13, 2018 to acquire LaSalle in a transaction with consideration of 0.8944 common shares of Pebblebrook per common share of LaSalle, with the option for LaSalle shareholders to elect to receive cash up to a maximum of 15% in aggregate of the consideration, subject to pro ration....
LONDON, UK / ACCESSWIRE / April 03, 2018 / Active-Investors.com has just released a free earnings report on LaSalle Hotel Properties (NYSE: LHO ) ("LaSalle"). If you want access to this report ...
Hedge fund HG Vora Capital Management LLC on Monday urged LaSalle Hotel Properties Inc to negotiate with fellow U.S. hotel owner Pebblebrook Hotel Trust for a better offer after taking about 7.1 percent stake in LaSalle. Pebblebrook had last week disclosed that it had offered to buy LaSalle in an all-stock deal that valued the company at more than $3 billion. The offer was rejected by LaSalle's board.
•...highlight a proposed merger between two small hotel companies, LaSalle Hotel Properties (LHO) and Pebblebrook Hotel Trust (PEB). While the Nasdaq Composite fell almost 1%, the Dow barely dipped, and the S&P 500's damage was well contained. William O'Neil's Randy Watts notes that while the S&P 500 typically does well during the second quarter, averaging a gain of about 2%, the second quarter of the second year of a presidential term is generally quite painful: The S&P has dropped nearly 3% on average.
Stocks that moved substantially or traded heavily Wednesday: Equifax Inc., up $2.62 to $119.04 The credit reporting company named long-time financial industry executive Mark Begor as its new CEO. Tesla ...
Pebblebrook Hotel Trust said on Wednesday it was ready to discuss the pricing of its all-stock offer with fellow U.S. hotel owner LaSalle Hotel Properties Inc , which rejected the bid, saying it undervalued the company. Earlier this month, Pebblebrook offered 0.8655 of its common shares for each of LaSalle's share, implying an offer price of $29.95 per share. The offer represented a premium of 17.4 percent to LaSalle's trailing 10-day volume weighted average price as of Tuesday, Pebblebrook said.
LaSalle Hotel Properties today confirmed that its Board of Trustees unanimously rejected an unsolicited proposal received on March 6, 2018 from Pebblebrook Hotel Trust to acquire all outstanding shares of LaSalle in an all-stock transaction with consideration of 0.8655 common shares of Pebblebrook per common share of LaSalle.
U.S. hotel owner Pebblebrook Hotel Trust on Tuesday offered to buy peer LaSalle Hotel Properties Inc in an all-stock deal, valuing the company at more than $3 billion. Pebblebrook has offered 0.8655 of ...
Shares of LaSalle Hotel Properties (NYSE:LHO) will begin trading ex-dividend in 3 days. To qualify for the dividend check of $0.45 per share, investors must have owned the shares priorRead More...
LaSalle Hotel Properties (LHO) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
LaSalle Hotel Properties today declared a quarterly dividend of $0.45 per common share of beneficial interest for the quarter ending March 31, 2018. The first quarter dividend will be paid on April 16, 2018 to common shareholders of record as of March 29, 2018.
President and CEO of Lasalle Hotel Properties (NYSE:LHO) Michael D Barnello bought 19,398 shares of LHO on 03/02/2018 at an average price of $24.65 a share.
LaSalle Hotel Properties today reported that, since February 26, 2018, it has repurchased 1,876,900 common shares of the Company at a cost of $46.5 million and a weighted average price of $24.76 per share under the Company’s previously announced share repurchase program.