Horizon Investments LLC Buys Shares of 68,255 Sunstone Hotel Investors, Inc. $SHO

Horizon Investments LLC purchased a new position in Sunstone Hotel Investors, Inc. (NYSE:SHO) in the fourth quarter, Holdings Channel reports. The fund purchased 68,255 shares of the real estate investment trust’s stock, valued at approximately $610,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. State of New Jersey Common Pension Fund D lifted its position in shares of Sunstone Hotel Investors by 1.1% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 236,239 shares of the real estate investment trust’s stock worth $2,112,000 after buying an additional 2,496 shares during the last quarter. M&T Bank Corp acquired a new stake in shares of Sunstone Hotel Investors in the fourth quarter worth about $249,000. Universal Beteiligungs und Servicegesellschaft mbH lifted its position in shares of Sunstone Hotel Investors by 16.2% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 103,645 shares of the real estate investment trust’s stock worth $927,000 after buying an additional 14,429 shares during the last quarter. Tributary Capital Management LLC lifted its position in shares of Sunstone Hotel Investors by 14.2% in the fourth quarter. Tributary Capital Management LLC now owns 1,537,256 shares of the real estate investment trust’s stock worth $13,743,000 after buying an additional 191,403 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Sunstone Hotel Investors by 27.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,274 shares of the real estate investment trust’s stock worth $47,000 after buying an additional 1,135 shares during the last quarter. Institutional investors and hedge funds own 99.37% of the company’s stock.

Sunstone Hotel Investors Price Performance

NYSE SHO opened at $10.48 on Friday. Sunstone Hotel Investors, Inc. has a twelve month low of $8.29 and a twelve month high of $10.58. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.94 and a current ratio of 3.42. The stock has a market capitalization of $1.95 billion, a PE ratio of 95.25, a P/E/G ratio of 2.92 and a beta of 0.96. The stock has a 50-day simple moving average of $9.40 and a 200 day simple moving average of $9.25.

Sunstone Hotel Investors (NYSE:SHO) last posted its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.05. Sunstone Hotel Investors had a return on equity of 2.27% and a net margin of 3.84%.The business had revenue of $259.71 million during the quarter, compared to analysts’ expectations of $244.30 million. During the same quarter in the previous year, the firm earned $0.21 EPS. The firm’s revenue was up 10.9% compared to the same quarter last year. Sunstone Hotel Investors has set its FY 2026 guidance at 0.880-0.960 EPS. Research analysts anticipate that Sunstone Hotel Investors, Inc. will post 0.9 EPS for the current year.

Sunstone Hotel Investors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Tuesday, June 30th. Sunstone Hotel Investors’s payout ratio is currently 327.27%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. LADENBURG THALM/SH SH assumed coverage on Sunstone Hotel Investors in a research report on Thursday, March 26th. They issued a “hold” rating and a $10.00 price target for the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Sunstone Hotel Investors in a research report on Wednesday, January 21st. Zacks Research raised Sunstone Hotel Investors from a “strong sell” rating to a “hold” rating in a research report on Friday, April 17th. Wall Street Zen raised Sunstone Hotel Investors from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, Robert W. Baird reaffirmed a “neutral” rating and issued a $10.00 price target on shares of Sunstone Hotel Investors in a research report on Monday, January 12th. Two analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Sunstone Hotel Investors currently has a consensus rating of “Hold” and an average price target of $10.00.

Sunstone Hotel Investors Profile

Sunstone Hotel Investors, Inc (NYSE:SHO) is a publicly traded real estate investment trust (REIT) focused on acquiring, owning and asset‐managing upper‐upscale extended‐stay and premium‐branded hotel properties in the United States. The company’s business model centers on generating stable, long‐term cash flows through franchise agreements and third‐party management contracts with established hotel operators.

As of the most recent reporting period, Sunstone’s portfolio includes approximately 97 hotels and nearly 25,000 guest rooms across 19 states, with concentrations in major metropolitan and select high‐growth secondary markets.