Sunstone Hotel Investors Inc. (NYSE:SHO) shares fell 2.3% on Tuesday . The company traded as low as $13.22 and last traded at $13.31, with a volume of 2,072,273 shares trading hands. The stock had previously closed at $13.62.

A number of brokerages have recently weighed in on SHO. Zacks Investment Research raised Sunstone Hotel Investors from a “sell” rating to a “hold” rating in a report on Wednesday, April 6th. BB&T Corp. assumed coverage on Sunstone Hotel Investors in a report on Wednesday, May 18th. They issued a “hold” rating on the stock. FBR & Co restated a “buy” rating on shares of Sunstone Hotel Investors in a research note on Monday, May 2nd. Deutsche Bank AG restated a “hold” rating and issued a $14.00 target price on shares of Sunstone Hotel Investors in a research note on Monday, June 27th. Finally, Bank of America Corp. restated a “buy” rating and issued a $14.50 target price (up previously from $13.00) on shares of Sunstone Hotel Investors in a research note on Friday, May 20th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $14.59.

The stock has a market capitalization of $2.85 billion and a price-to-earnings ratio of 8.21. The company’s 50-day moving average price is $12.33 and its 200 day moving average price is $12.48.

Sunstone Hotel Investors (NYSE:SHO) last posted its quarterly earnings data on Monday, May 2nd. The company reported $0.21 EPS for the quarter, beating the Zacks’ consensus estimate of $0.20 by $0.01. The company had revenue of $274.30 million for the quarter, compared to analyst estimates of $277.91 million. During the same quarter in the prior year, the business earned $0.22 EPS. Sunstone Hotel Investors’s revenue was down 3.6% compared to the same quarter last year. Equities analysts expect that Sunstone Hotel Investors Inc. will post $1.22 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 15th. Investors of record on Thursday, June 30th were paid a dividend of $0.05 per share. The ex-dividend date was Tuesday, June 28th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.52%.

In related news, SVP David Ryan Sloan sold 35,209 shares of the firm’s stock in a transaction that occurred on Tuesday, May 3rd. The shares were sold at an average price of $12.44, for a total transaction of $437,999.96. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Keith Locker sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 29th. The shares were sold at an average price of $11.80, for a total transaction of $118,000.00. Following the transaction, the director now owns 50,703 shares in the company, valued at approximately $598,295.40. The disclosure for this sale can be found here.

Several hedge funds and institutional investors recently bought and sold shares of SHO. First Trust Advisors LP raised its position in Sunstone Hotel Investors by 30.0% in the fourth quarter. First Trust Advisors LP now owns 99,344 shares of the company’s stock worth $1,241,000 after buying an additional 22,951 shares in the last quarter. ProShare Advisors LLC raised its position in Sunstone Hotel Investors by 21.2% in the fourth quarter. ProShare Advisors LLC now owns 105,749 shares of the company’s stock worth $1,321,000 after buying an additional 18,463 shares in the last quarter. Bank of Montreal Can raised its position in Sunstone Hotel Investors by 873.3% in the fourth quarter. Bank of Montreal Can now owns 184,034 shares of the company’s stock worth $2,299,000 after buying an additional 165,125 shares in the last quarter. Cornerstone Capital Management Holdings LLC. raised its position in Sunstone Hotel Investors by 40.5% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 296,558 shares of the company’s stock worth $3,704,000 after buying an additional 85,410 shares in the last quarter. Finally, Rhumbline Advisers raised its position in Sunstone Hotel Investors by 2.3% in the fourth quarter. Rhumbline Advisers now owns 325,317 shares of the company’s stock worth $4,063,000 after buying an additional 7,220 shares in the last quarter.

Sunstone Hotel Investors, Inc is a self-managed and self-administered real estate investment trust (REIT). The Company’s business is to acquire, own, asset manage and renovate full-service hotel and select focus-service hotel properties in the United States. The Company operates through hotel ownership segment.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.