Sunstone Hotel Investors Inc (NYSE:SHO)‘s stock had its “neutral” rating reissued by equities research analysts at B. Riley in a research note issued to investors on Wednesday.

Other research analysts have also recently issued research reports about the company. Zacks Investment Research raised Sunstone Hotel Investors from a “sell” rating to a “hold” rating in a research note on Friday. BidaskClub cut Sunstone Hotel Investors from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Canaccord Genuity increased their price target on Sunstone Hotel Investors from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Thursday, August 3rd. FBR & Co reissued a “hold” rating on shares of Sunstone Hotel Investors in a research note on Tuesday. Finally, Robert W. Baird set a $17.00 price target on Sunstone Hotel Investors and gave the stock a “hold” rating in a research note on Monday, October 23rd. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company’s stock. Sunstone Hotel Investors presently has a consensus rating of “Hold” and an average target price of $15.89.

Sunstone Hotel Investors (NYSE:SHO) traded down $0.09 during trading hours on Wednesday, hitting $16.48. The stock had a trading volume of 915,338 shares, compared to its average volume of 1,450,000. Sunstone Hotel Investors has a 12 month low of $12.15 and a 12 month high of $17.15. The company has a market capitalization of $3,710.00, a PE ratio of 13.59, a price-to-earnings-growth ratio of 2.77 and a beta of 1.10. The company has a debt-to-equity ratio of 0.40, a quick ratio of 6.04 and a current ratio of 4.76.

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

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

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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