Sunstone Hotel Investors, Inc. (NYSE:SHO) has earned an average rating of “Hold” from the fourteen ratings firms that are covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $15.88.

A number of analysts recently weighed in on the stock. Zacks Investment Research raised shares of Sunstone Hotel Investors from a “sell” rating to a “hold” rating in a research report on Friday. B. Riley reissued a “neutral” rating on shares of Sunstone Hotel Investors in a research report on Wednesday, November 1st. Boenning Scattergood reissued a “hold” rating on shares of Sunstone Hotel Investors in a research report on Wednesday, November 1st. J P Morgan Chase & Co upped their price objective on shares of Sunstone Hotel Investors from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Wednesday, November 1st. Finally, Robert W. Baird set a $17.00 price objective on shares of Sunstone Hotel Investors and gave the company a “hold” rating in a research report on Monday, October 23rd.

Several hedge funds have recently modified their holdings of SHO. BlackRock Inc. lifted its position in shares of Sunstone Hotel Investors by 5,722.3% during the first quarter. BlackRock Inc. now owns 19,544,184 shares of the real estate investment trust’s stock worth $299,613,000 after purchasing an additional 19,208,506 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Sunstone Hotel Investors by 4.5% during the second quarter. Vanguard Group Inc. now owns 37,717,053 shares of the real estate investment trust’s stock worth $607,999,000 after purchasing an additional 1,619,745 shares during the last quarter. Franklin Resources Inc. lifted its position in shares of Sunstone Hotel Investors by 41.8% during the second quarter. Franklin Resources Inc. now owns 5,061,301 shares of the real estate investment trust’s stock worth $81,588,000 after purchasing an additional 1,490,802 shares during the last quarter. Frontier Capital Management Co. LLC lifted its position in shares of Sunstone Hotel Investors by 43.3% during the second quarter. Frontier Capital Management Co. LLC now owns 4,184,909 shares of the real estate investment trust’s stock worth $67,461,000 after purchasing an additional 1,263,508 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of Sunstone Hotel Investors by 49.3% during the second quarter. Ameriprise Financial Inc. now owns 2,643,022 shares of the real estate investment trust’s stock worth $42,605,000 after purchasing an additional 873,060 shares during the last quarter.

Shares of Sunstone Hotel Investors (NYSE:SHO) opened at $16.48 on Monday. The company has a current ratio of 4.76, a quick ratio of 4.75 and a debt-to-equity ratio of 0.40. Sunstone Hotel Investors has a 12-month low of $12.15 and a 12-month high of $17.15. The firm has a market cap of $3,713.30, a price-to-earnings ratio of 13.51, a P/E/G ratio of 2.76 and a beta of 1.11.

Sunstone Hotel Investors (NYSE:SHO) last announced its quarterly earnings results on Monday, October 30th. The real estate investment trust reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.18. Sunstone Hotel Investors had a net margin of 13.78% and a return on equity of 6.20%. The firm had revenue of $303.91 million during the quarter, compared to analysts’ expectations of $299.90 million. During the same period in the prior year, the company earned $0.33 EPS. The firm’s revenue was up .2% on a year-over-year basis. analysts anticipate that Sunstone Hotel Investors will post 1.2 earnings per share for the current year.

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Sunstone Hotel Investors Company Profile

Sunstone Hotel Investors, Inc operates as a self-managed and self-administered real estate investment trust. The Company’s primary business is to acquire, own, asset manage and renovate primarily urban and resort upper upscale hotels in the United States. It operates through hotel ownership segment. It owns primarily urban and resort upper upscale hotels in the United States.

Analyst Recommendations for Sunstone Hotel Investors (NYSE:SHO)

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