Bank of America Corp DE Raises Stock Position in Sunstone Hotel Investors, Inc. $SHO

Bank of America Corp DE grew its stake in Sunstone Hotel Investors, Inc. (NYSE:SHO) by 21.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,099,538 shares of the real estate investment trust’s stock after purchasing an additional 1,757,965 shares during the quarter. Bank of America Corp DE owned about 0.05% of Sunstone Hotel Investors worth $90,997,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Balyasny Asset Management L.P. bought a new stake in shares of Sunstone Hotel Investors during the 2nd quarter valued at about $41,332,000. Woodline Partners LP bought a new position in Sunstone Hotel Investors in the third quarter worth about $44,295,000. Alyeska Investment Group L.P. raised its stake in Sunstone Hotel Investors by 86.8% in the fourth quarter. Alyeska Investment Group L.P. now owns 5,369,789 shares of the real estate investment trust’s stock worth $48,006,000 after buying an additional 2,495,914 shares in the last quarter. SG Americas Securities LLC lifted its holdings in Sunstone Hotel Investors by 1,899.5% in the first quarter. SG Americas Securities LLC now owns 2,244,427 shares of the real estate investment trust’s stock worth $20,222,000 after buying an additional 2,132,180 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in Sunstone Hotel Investors by 132.6% in the first quarter. Goldman Sachs Group Inc. now owns 2,787,519 shares of the real estate investment trust’s stock worth $26,231,000 after buying an additional 1,589,258 shares during the period. 99.37% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Sunstone Hotel Investors news, insider Robert C. Springer sold 89,631 shares of Sunstone Hotel Investors stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $11.62, for a total transaction of $1,041,512.22. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.40% of the stock is currently owned by company insiders.

Sunstone Hotel Investors Price Performance

Shares of SHO opened at $11.11 on Friday. The stock has a market cap of $2.07 billion, a PE ratio of 50.52, a price-to-earnings-growth ratio of 2.25 and a beta of 0.97. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.42 and a current ratio of 7.01. Sunstone Hotel Investors, Inc. has a fifty-two week low of $8.61 and a fifty-two week high of $12.07. The firm’s 50-day simple moving average is $11.55 and its two-hundred day simple moving average is $10.22.

Sunstone Hotel Investors (NYSE:SHO) last announced its earnings results on Thursday, August 6th. The real estate investment trust reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.06. Sunstone Hotel Investors had a net margin of 5.30% and a return on equity of 3.21%. The business had revenue of $277.11 million during the quarter, compared to the consensus estimate of $266.67 million. Sunstone Hotel Investors has set its FY 2026 guidance at 0.930-0.980 EPS. Analysts anticipate that Sunstone Hotel Investors, Inc. will post 0.97 earnings per share for the current fiscal year.

Sunstone Hotel Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Wednesday, September 30th. Sunstone Hotel Investors’s dividend payout ratio (DPR) is 327.27%.

Sunstone Hotel Investors News Roundup

Here are the key news stories impacting Sunstone Hotel Investors this week:

• Positive Sentiment: Q2 results beat expectations: Sunstone reported EPS of $0.14 versus the $0.08 consensus estimate and revenue of $277.1 million versus expectations of $266.7 million. Net income increased to $26.0 million from $10.8 million a year earlier. Sunstone Hotel Q2 Earnings Snapshot
• Positive Sentiment: Funds from operations improved: Adjusted FFO rose 14.3% year over year to $0.32 per share, exceeding the $0.30 consensus estimate and supporting the REIT’s ability to maintain its dividend. Sunstone Hotel Investors Tops Q2 FFO and Revenue Estimates
• Positive Sentiment: 2026 guidance was raised: Management now expects full-year EPS of $0.93-$0.98, above the $0.91 analyst consensus. It also projects 2026 net income of $79 million-$89 million. Sunstone Hotel Investors Reports Second Quarter 2026 Results
• Positive Sentiment: Hotel fundamentals strengthened: Companywide RevPAR increased 9.3% to $263.61, while total RevPAR rose 7.7% to $434.00. Adjusted EBITDAre also increased 5.5% to $76.7 million.
• Positive Sentiment: Asset sale improved liquidity: Sunstone completed the $279 million sale of the Hyatt Regency San Francisco to Blackstone-affiliated funds, giving the hotel REIT additional capital flexibility.
• Neutral Sentiment: Dividend announcements: Sunstone declared its regular $0.09-per-share quarterly common dividend, payable October 15, and a $0.3562 dividend on its 5.70% Series I preferred stock. These reinforce shareholder returns but are not new earnings drivers.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Wall Street Zen downgraded Sunstone Hotel Investors from a “buy” rating to a “hold” rating in a report on Saturday. Citigroup raised their target price on Sunstone Hotel Investors from $9.50 to $10.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Weiss Ratings restated a “hold (c)” rating on shares of Sunstone Hotel Investors in a research report on Friday, July 10th. JPMorgan Chase & Co. upped their price target on Sunstone Hotel Investors from $9.00 to $10.00 and gave the stock an “underweight” rating in a research note on Tuesday, July 21st. Finally, Zacks Research downgraded Sunstone Hotel Investors from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $10.67.

About Sunstone Hotel Investors

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.