MQS Management LLC Takes Position in Sunstone Hotel Investors, Inc. $SHO

MQS Management LLC purchased a new stake in shares of Sunstone Hotel Investors, Inc. (NYSE:SHO) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 75,037 shares of the real estate investment trust’s stock, valued at approximately $671,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Sunstone Hotel Investors by 27.4% during 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 purchasing an additional 1,135 shares in the last quarter. California State Teachers Retirement System increased its position in 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 acquiring an additional 1,170 shares during the last quarter. AQR Capital Management LLC increased its position in Sunstone Hotel Investors by 1.6% during the first quarter. AQR Capital Management LLC now owns 83,864 shares of the real estate investment trust’s stock valued at $789,000 after acquiring an additional 1,307 shares during the last quarter. PNC Financial Services Group Inc. increased its position in Sunstone Hotel Investors by 16.7% during the third quarter. PNC Financial Services Group Inc. now owns 12,012 shares of the real estate investment trust’s stock valued at $113,000 after acquiring an additional 1,720 shares during the last quarter. Finally, Hantz Financial Services Inc. increased its position in Sunstone Hotel Investors by 62.4% during the third quarter. Hantz Financial Services Inc. now owns 4,884 shares of the real estate investment trust’s stock valued at $46,000 after acquiring an additional 1,876 shares during the last quarter. 99.37% of the stock is owned by institutional investors.

Sunstone Hotel Investors Stock Performance

Shares of SHO opened at $10.63 on Friday. The company has a quick ratio of 3.42, a current ratio of 3.42 and a debt-to-equity ratio of 0.58. The business has a 50-day simple moving average of $9.60 and a two-hundred day simple moving average of $9.34. The stock has a market cap of $1.98 billion, a price-to-earnings ratio of 96.60, a PEG ratio of 2.51 and a beta of 0.96. Sunstone Hotel Investors, Inc. has a 52 week low of $8.43 and a 52 week high of $10.74.

Sunstone Hotel Investors (NYSE:SHO) last issued its quarterly earnings results on Tuesday, May 5th. The real estate investment trust reported $0.27 EPS for the quarter, topping 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 business’s quarterly revenue was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.21 earnings per share. Sunstone Hotel Investors has set its FY 2026 guidance at 0.880-0.960 EPS. On average, analysts expect that Sunstone Hotel Investors, Inc. will post 0.91 EPS for the current year.

Sunstone Hotel Investors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a $0.09 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.36 dividend on an annualized basis and a yield of 3.4%. Sunstone Hotel Investors’s dividend payout ratio is presently 327.27%.

Analyst Ratings Changes

A number of research firms recently commented on SHO. Zacks Research upgraded Sunstone Hotel Investors from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 18th. Truist Financial upped their price objective on Sunstone Hotel Investors from $10.00 to $11.00 and gave the company a “hold” rating in a research report on Thursday, March 26th. Wells Fargo & Company reduced their price objective on Sunstone Hotel Investors from $11.00 to $10.00 and set an “overweight” rating for the company in a research report on Tuesday, March 24th. LADENBURG THALM/SH SH began coverage on Sunstone Hotel Investors in a research report 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 report on Saturday, February 28th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $10.00.

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.