GSA Capital Partners LLP Purchases New Position in Sunstone Hotel Investors, Inc. $SHO

GSA Capital Partners LLP purchased a new stake in Sunstone Hotel Investors, Inc. (NYSE:SHOFree Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 124,581 shares of the real estate investment trust’s stock, valued at approximately $1,426,000. GSA Capital Partners LLP owned approximately 0.07% of Sunstone Hotel Investors as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in SHO. Mirae Asset Global Investments Co. Ltd. raised its stake 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 valued at $47,000 after acquiring an additional 1,135 shares during the last quarter. California State Teachers Retirement System grew its position in Sunstone Hotel Investors by 0.7% during the 2nd quarter. California State Teachers Retirement System now owns 178,604 shares of the real estate investment trust’s stock worth $1,550,000 after acquiring an additional 1,170 shares during the last quarter. Royal Bank of Canada grew its position in Sunstone Hotel Investors by 1.2% during the 1st quarter. Royal Bank of Canada now owns 103,294 shares of the real estate investment trust’s stock worth $931,000 after acquiring an additional 1,204 shares during the last quarter. AQR Capital Management LLC increased its holdings in Sunstone Hotel Investors by 1.6% during the 1st quarter. AQR Capital Management LLC now owns 83,864 shares of the real estate investment trust’s stock valued at $789,000 after purchasing an additional 1,307 shares in the last quarter. Finally, Barclays PLC increased its holdings in Sunstone Hotel Investors by 0.7% during the 4th quarter. Barclays PLC now owns 308,643 shares of the real estate investment trust’s stock valued at $2,759,000 after purchasing an additional 2,011 shares in the last quarter. 99.37% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Sunstone Hotel Investors news, insider Robert C. Springer sold 89,631 shares of the company’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $11.62, for a total transaction of $1,041,512.22. Following the completion of the sale, the insider owned 573,743 shares in the company, valued at approximately $6,666,893.66. The trade was a 13.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.40% of the company’s stock.

Sunstone Hotel Investors Price Performance

Sunstone Hotel Investors stock opened at $10.91 on Monday. The business’s 50-day simple moving average is $11.50 and its 200 day simple moving average is $10.29. The company has a quick ratio of 3.84, a current ratio of 3.84 and a debt-to-equity ratio of 0.59. The stock has a market cap of $2.03 billion, a price-to-earnings ratio of 49.60, a P/E/G ratio of 2.63 and a beta of 0.97. Sunstone Hotel Investors, Inc. has a 12-month low of $8.69 and a 12-month high of $12.07.

Sunstone Hotel Investors (NYSE:SHOGet Free Report) last announced its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.06. The firm had revenue of $277.11 million during the quarter, compared to analysts’ expectations of $266.67 million. Sunstone Hotel Investors had a return on equity of 3.21% and a net margin of 5.30%.Sunstone Hotel Investors has set its FY 2026 guidance at 0.930-0.980 EPS. As a group, research analysts anticipate that Sunstone Hotel Investors, Inc. will post 0.96 earnings per share for the current year.

Sunstone Hotel Investors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be paid a $0.09 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.36 dividend on an annualized basis and a yield of 3.3%. Sunstone Hotel Investors’s dividend payout ratio (DPR) is presently 163.64%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SHO. Weiss Ratings raised Sunstone Hotel Investors from a “hold (c)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. JPMorgan Chase & Co. upped their price target on shares of Sunstone Hotel Investors from $9.00 to $10.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 21st. Wall Street Zen cut shares of Sunstone Hotel Investors from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Zacks Research downgraded shares of Sunstone Hotel Investors from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 23rd. Finally, Wells Fargo & Company upgraded shares of Sunstone Hotel Investors to a “strong-buy” rating in a research report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Sunstone Hotel Investors has a consensus rating of “Hold” and a consensus target price of $10.67.

Check Out Our Latest Stock Analysis on Sunstone Hotel Investors

Sunstone Hotel Investors Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Sunstone Hotel Investors (NYSE:SHO)

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