GSA Capital Partners LLP Makes New $1.43 Million Investment in Sunstone Hotel Investors, Inc. $SHO

GSA Capital Partners LLP bought a new position in shares of Sunstone Hotel Investors, Inc. (NYSE:SHO) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 124,581 shares of the real estate investment trust’s stock, valued at approximately $1,426,000.

Several other institutional investors also recently modified their holdings of SHO. Longboard Asset Management LP acquired a new stake in shares of Sunstone Hotel Investors in the 2nd quarter valued at approximately $124,000. Bank of America Corp DE grew its holdings in Sunstone Hotel Investors by 21.1% during the first quarter. Bank of America Corp DE now owns 10,099,538 shares of the real estate investment trust’s stock valued at $90,997,000 after purchasing an additional 1,757,965 shares during the period. Amundi grew its holdings in Sunstone Hotel Investors by 29.8% during the first quarter. Amundi now owns 132,464 shares of the real estate investment trust’s stock valued at $1,194,000 after purchasing an additional 30,384 shares during the period. California State Teachers Retirement System increased its stake in Sunstone Hotel Investors by 33.1% in the first quarter. California State Teachers Retirement System now owns 228,623 shares of the real estate investment trust’s stock valued at $2,060,000 after purchasing an additional 56,837 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in Sunstone Hotel Investors by 1.2% in the first quarter. Royal Bank of Canada now owns 103,294 shares of the real estate investment trust’s stock valued at $931,000 after purchasing an additional 1,204 shares in the last quarter. 99.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Sunstone Hotel Investors

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

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on SHO shares. Wells Fargo & Company upgraded shares of Sunstone Hotel Investors to a “strong-buy” rating in a report on Thursday, July 23rd. Weiss Ratings raised shares of Sunstone Hotel Investors from a “hold (c)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. JPMorgan Chase & Co. upped their price objective on shares of Sunstone Hotel Investors from $9.00 to $10.00 and gave the company an “underweight” rating in a research report on Tuesday, July 21st. Wall Street Zen downgraded Sunstone Hotel Investors from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Citigroup lifted their target price on Sunstone Hotel Investors from $9.50 to $10.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $10.67.

Sunstone Hotel Investors Price Performance

NYSE SHO opened at $10.91 on Monday. The business has a 50 day simple moving average of $11.50 and a 200 day simple moving average of $10.29. Sunstone Hotel Investors, Inc. has a 52-week low of $8.69 and a 52-week high of $12.07. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.84 and a current ratio of 3.84. The stock has a market cap of $2.03 billion, a price-to-earnings ratio of 49.60, a PEG ratio of 2.63 and a beta of 0.97.

Sunstone Hotel Investors (NYSE:SHO) last announced its earnings results on Thursday, August 6th. The real estate investment trust reported $0.14 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $277.11 million for 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 0.96 earnings per share for the current fiscal year.

Sunstone Hotel Investors Dividend Announcement

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 issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Wednesday, September 30th. Sunstone Hotel Investors’s dividend payout ratio (DPR) is presently 163.64%.

Sunstone Hotel Investors Company 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.