Daiwa Securities Group Inc. Grows Position in Sunstone Hotel Investors, Inc. $SHO

Daiwa Securities Group Inc. increased its position in Sunstone Hotel Investors, Inc. (NYSE:SHO) by 11.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 439,526 shares of the real estate investment trust’s stock after purchasing an additional 44,616 shares during the quarter. Daiwa Securities Group Inc. owned approximately 0.23% of Sunstone Hotel Investors worth $3,929,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in SHO. Balyasny Asset Management L.P. purchased a new position in shares of Sunstone Hotel Investors in the 2nd quarter valued at approximately $41,332,000. Woodline Partners LP purchased a new position in shares of Sunstone Hotel Investors in the 3rd quarter valued at approximately $44,295,000. Alyeska Investment Group L.P. lifted its stake in shares of Sunstone Hotel Investors by 252.8% in the 3rd quarter. Alyeska Investment Group L.P. now owns 2,873,875 shares of the real estate investment trust’s stock valued at $26,928,000 after purchasing an additional 2,059,222 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Sunstone Hotel Investors by 132.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,787,519 shares of the real estate investment trust’s stock valued at $26,231,000 after purchasing an additional 1,589,258 shares during the period. Finally, Bank of America Corp DE lifted its stake in shares of Sunstone Hotel Investors by 13.6% in the 2nd quarter. Bank of America Corp DE now owns 7,240,157 shares of the real estate investment trust’s stock valued at $62,845,000 after purchasing an additional 867,137 shares during the period. Hedge funds and other institutional investors own 99.37% of the company’s stock.

Sunstone Hotel Investors Stock Up 0.4%

Shares of NYSE:SHO opened at $11.53 on Tuesday. The stock has a fifty day simple moving average of $10.04 and a two-hundred day simple moving average of $9.48. The stock has a market capitalization of $2.15 billion, a price-to-earnings ratio of 104.78, a PEG ratio of 2.67 and a beta of 0.98. Sunstone Hotel Investors, Inc. has a 12-month low of $8.43 and a 12-month high of $11.63. The company has a current ratio of 3.42, a quick ratio of 3.42 and a debt-to-equity ratio of 0.58.

Sunstone Hotel Investors (NYSE:SHO) last announced its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.05. The business had revenue of $259.71 million during the quarter, compared to analysts’ expectations of $244.30 million. Sunstone Hotel Investors had a return on equity of 2.27% and a net margin of 3.84%.The firm’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.21 earnings per share. Sunstone Hotel Investors has set its FY 2026 guidance at 0.880-0.960 EPS. On average, research analysts anticipate that Sunstone Hotel Investors, Inc. will post 0.91 earnings per share for the current fiscal year.

Sunstone Hotel Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a $0.09 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.36 annualized dividend and a dividend yield of 3.1%. Sunstone Hotel Investors’s payout ratio is currently 327.27%.

Wall Street Analyst Weigh In

SHO has been the subject of a number of research analyst reports. Zacks Research upgraded Sunstone Hotel Investors from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. Wells Fargo & Company lifted their price objective on Sunstone Hotel Investors from $10.00 to $12.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Citigroup lifted their price objective 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. LADENBURG THALM/SH SH started coverage on Sunstone Hotel Investors in a research note on Thursday, March 26th. They set a “hold” rating and a $10.00 price objective for the company. Finally, Wall Street Zen upgraded Sunstone Hotel Investors from a “sell” rating to a “hold” rating in a research note on Saturday, February 28th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $10.29.

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.