Teachers Retirement System of The State of Kentucky lowered its holdings in La Quinta Holdings Inc (NYSE:LQ) by 30.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 45,289 shares of the company’s stock after selling 19,588 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in La Quinta were worth $836,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Neuberger Berman Group LLC bought a new position in shares of La Quinta during the 3rd quarter worth approximately $182,000. Stone Ridge Asset Management LLC purchased a new stake in La Quinta during the 4th quarter worth approximately $206,000. Virtu Financial LLC purchased a new stake in La Quinta during the 4th quarter worth approximately $219,000. SG Americas Securities LLC purchased a new stake in La Quinta during the 3rd quarter worth approximately $232,000. Finally, Brown Advisory Inc. purchased a new stake in La Quinta during the 4th quarter worth approximately $253,000. Institutional investors and hedge funds own 99.14% of the company’s stock.

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Shares of La Quinta Holdings Inc (NYSE:LQ) opened at $18.57 on Friday. La Quinta Holdings Inc has a twelve month low of $12.87 and a twelve month high of $21.06. The stock has a market cap of $2,204.86, a price-to-earnings ratio of 62.63, a P/E/G ratio of 8.66 and a beta of 1.80. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 2.02.

La Quinta (NYSE:LQ) last announced its quarterly earnings results on Wednesday, February 28th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.04). The firm had revenue of $214.30 million for the quarter, compared to analysts’ expectations of $222.41 million. La Quinta had a return on equity of 4.85% and a net margin of 15.50%. The business’s quarterly revenue was down 3.7% on a year-over-year basis. During the same period last year, the company posted $0.01 earnings per share. analysts anticipate that La Quinta Holdings Inc will post 0.43 EPS for the current fiscal year.

LQ has been the topic of several research analyst reports. Stifel Nicolaus reissued a “hold” rating on shares of La Quinta in a research report on Thursday, February 1st. Zacks Investment Research raised shares of La Quinta from a “sell” rating to a “hold” rating in a research report on Wednesday, January 3rd. Wells Fargo downgraded shares of La Quinta from an “outperform” rating to a “market perform” rating in a report on Monday, January 22nd. Morgan Stanley raised shares of La Quinta from an “equal weight” rating to an “overweight” rating in a report on Wednesday, January 17th. Finally, Goldman Sachs raised shares of La Quinta from a “sell” rating to a “neutral” rating in a report on Friday, January 19th. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $21.00.

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La Quinta Company Profile

La Quinta Holdings Inc is an owner, operator and franchisor of select-service hotels primarily serving the midscale and upper-midscale sectors under the La Quinta brand. The Company’s segments include owned hotels, franchise and management, and corporate and other. The owned hotels segment is engaged in the operation of owned hotel properties.

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Institutional Ownership by Quarter for La Quinta (NYSE:LQ)

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