93,188 Shares in Sunstone Hotel Investors, Inc. $SHO Purchased by Jupiter Topco LLC

Jupiter Topco LLC acquired a new position in 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 institutional investor acquired 93,188 shares of the real estate investment trust’s stock, valued at approximately $1,067,000. Jupiter Topco LLC owned 0.05% of Sunstone Hotel Investors as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Kestra Advisory Services LLC bought a new stake in shares of Sunstone Hotel Investors in the 4th quarter worth approximately $26,000. North Star Investment Management Corp. bought a new position in Sunstone Hotel Investors during the 1st quarter valued at approximately $27,000. FIL Ltd increased its position in Sunstone Hotel Investors by 57.2% during the 4th quarter. FIL Ltd now owns 9,010 shares of the real estate investment trust’s stock valued at $81,000 after buying an additional 3,280 shares in the last quarter. Cerity Partners LLC bought a new position in Sunstone Hotel Investors during the 2nd quarter valued at approximately $88,000. Finally, Sequoia Financial Advisors LLC purchased a new position in Sunstone Hotel Investors during the first quarter valued at $91,000. Institutional investors own 99.37% of the company’s stock.

Insider Buying and Selling

In other news, insider Robert Springer sold 89,631 shares of the 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 transaction, the insider directly owned 573,743 shares of the company’s stock, valued at $6,666,893.66. This represents a 13.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.40% of the company’s stock.

Sunstone Hotel Investors Price Performance

NYSE SHO opened at $11.08 on Friday. Sunstone Hotel Investors, Inc. has a one year low of $8.69 and a one year high of $12.07. The stock has a 50-day moving average of $11.34 and a 200 day moving average of $10.50. 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 company has a market capitalization of $2.06 billion, a price-to-earnings ratio of 50.37, a PEG ratio of 2.62 and a beta of 0.97.

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

Sunstone Hotel Investors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a $0.09 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $0.36 annualized dividend and a yield of 3.2%. Sunstone Hotel Investors’s dividend payout ratio (DPR) is currently 163.64%.

Wall Street Analyst Weigh In

SHO has been the topic of several analyst reports. Wall Street Zen downgraded Sunstone Hotel Investors from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Zacks Research downgraded Sunstone Hotel Investors from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 23rd. Wells Fargo & Company raised Sunstone Hotel Investors to a “strong-buy” rating in a research report on Thursday, July 23rd. JPMorgan Chase & Co. upped their price target on shares of 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, Weiss Ratings raised shares of Sunstone Hotel Investors from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Sunstone Hotel Investors has a consensus rating of “Hold” and a consensus price target 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.