Cbre Investment Management Listed Real Assets LLC Sells 974,178 Shares of Sunstone Hotel Investors, Inc. $SHO

Cbre Investment Management Listed Real Assets LLC reduced its position in Sunstone Hotel Investors, Inc. (NYSE:SHO) by 18.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,385,483 shares of the real estate investment trust’s stock after selling 974,178 shares during the quarter. Cbre Investment Management Listed Real Assets LLC’s holdings in Sunstone Hotel Investors were worth $41,092,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. California State Teachers Retirement System boosted its position in shares of Sunstone Hotel Investors by 0.7% during the second quarter. California State Teachers Retirement System now owns 178,604 shares of the real estate investment trust’s stock valued at $1,550,000 after buying an additional 1,170 shares during the period. AQR Capital Management LLC raised its holdings in shares of Sunstone Hotel Investors by 1.6% in the first quarter. AQR Capital Management LLC now owns 83,864 shares of the real estate investment trust’s stock worth $789,000 after buying an additional 1,307 shares during the period. PNC Financial Services Group Inc. raised its holdings in shares of Sunstone Hotel Investors by 16.7% in the third quarter. PNC Financial Services Group Inc. now owns 12,012 shares of the real estate investment trust’s stock worth $113,000 after buying an additional 1,720 shares during the period. CWM LLC lifted its stake in shares of Sunstone Hotel Investors by 21.7% during the 3rd quarter. CWM LLC now owns 9,773 shares of the real estate investment trust’s stock worth $92,000 after acquiring an additional 1,744 shares during the last quarter. Finally, Hantz Financial Services Inc. lifted its stake in shares of Sunstone Hotel Investors by 62.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 4,884 shares of the real estate investment trust’s stock worth $46,000 after acquiring an additional 1,876 shares during the last quarter. Institutional investors own 99.37% of the company’s stock.

Sunstone Hotel Investors Stock Down 0.3%

Shares of NYSE:SHO opened at $9.26 on Thursday. The business’s 50 day moving average is $9.21 and its 200 day moving average is $9.26. The stock has a market cap of $1.76 billion, a P/E ratio of 231.63, a price-to-earnings-growth ratio of 2.55 and a beta of 0.97. Sunstone Hotel Investors, Inc. has a 52-week low of $7.45 and a 52-week high of $10.27. The company has a quick ratio of 2.94, a current ratio of 2.94 and a debt-to-equity ratio of 0.55.

Sunstone Hotel Investors (NYSE:SHO) last issued its earnings results on Friday, February 27th. The real estate investment trust reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. Sunstone Hotel Investors had a return on equity of 1.44% and a net margin of 2.56%.The business had revenue of $236.97 million during the quarter, compared to analyst estimates of $226.18 million. During the same period in the previous year, the company posted $0.16 EPS. Sunstone Hotel Investors’s revenue was up 10.3% on a year-over-year basis. Sunstone Hotel Investors has set its FY 2026 guidance at 0.810-0.940 EPS. Sell-side analysts predict that Sunstone Hotel Investors, Inc. will post 0.79 EPS for the current year.

Sunstone Hotel Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Tuesday, March 31st. Sunstone Hotel Investors’s payout ratio is presently 900.00%.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Zacks Research downgraded Sunstone Hotel Investors from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 14th. Wall Street Zen upgraded Sunstone Hotel Investors from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Robert W. Baird reissued a “neutral” rating and set a $10.00 target price on shares of Sunstone Hotel Investors in a research note on Monday, January 12th. Weiss Ratings restated a “hold (c-)” rating on shares of Sunstone Hotel Investors in a report on Wednesday, January 21st. Finally, Wells Fargo & Company raised shares of Sunstone Hotel Investors from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $10.00 to $11.00 in a research note on Monday, January 5th. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Sunstone Hotel Investors presently has an average rating of “Hold” and an average price target of $9.38.

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.