Commonwealth of Pennsylvania Public School Empls Retrmt SYS Increases Stake in Sunstone Hotel Investors, Inc. $SHO

Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Sunstone Hotel Investors, Inc. (NYSE:SHO) by 99.7% in the first quarter, HoldingsChannel reports. The fund owned 211,528 shares of the real estate investment trust’s stock after purchasing an additional 105,629 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Sunstone Hotel Investors were worth $1,906,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Balyasny Asset Management L.P. acquired a new stake in shares of Sunstone Hotel Investors during the 2nd quarter worth approximately $41,332,000. Woodline Partners LP acquired a new position in shares of Sunstone Hotel Investors in the 3rd quarter valued at $44,295,000. Alyeska Investment Group L.P. lifted its stake in shares of Sunstone Hotel Investors by 86.8% in the 4th quarter. Alyeska Investment Group L.P. now owns 5,369,789 shares of the real estate investment trust’s stock valued at $48,006,000 after purchasing an additional 2,495,914 shares during the period. SG Americas Securities LLC lifted its stake in shares of Sunstone Hotel Investors by 1,899.5% in the 1st quarter. SG Americas Securities LLC now owns 2,244,427 shares of the real estate investment trust’s stock valued at $20,222,000 after purchasing an additional 2,132,180 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in Sunstone Hotel Investors by 132.6% during the first quarter. Goldman Sachs Group Inc. now owns 2,787,519 shares of the real estate investment trust’s stock worth $26,231,000 after buying an additional 1,589,258 shares in the last quarter. Hedge funds and other institutional investors own 99.37% of the company’s stock.

Insider Transactions at Sunstone Hotel Investors

In related news, insider Robert C. Springer sold 89,631 shares of Sunstone Hotel Investors stock in a transaction dated Wednesday, June 24th. The stock was 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 in the company, valued at approximately $6,666,893.66. The trade was a 13.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on SHO shares. Truist Financial raised their price target on shares of Sunstone Hotel Investors from $10.00 to $11.00 and gave the company a “hold” rating in a research report on Thursday, March 26th. LADENBURG THALM/SH SH assumed coverage on shares of Sunstone Hotel Investors in a research report on Thursday, March 26th. They issued a “hold” rating and a $10.00 price objective for the company. Citigroup increased their target price on shares of Sunstone Hotel Investors from $9.50 to $10.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Wells Fargo & Company raised their target price on Sunstone Hotel Investors from $12.00 to $13.00 and gave the company an “overweight” rating in a research report on Wednesday, June 24th. Finally, Zacks Research upgraded Sunstone Hotel Investors from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Sunstone Hotel Investors has an average rating of “Moderate Buy” and an average price target of $10.83.

Sunstone Hotel Investors Stock Performance

NYSE:SHO opened at $11.48 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 3.42 and a current ratio of 3.42. The stock has a market capitalization of $2.14 billion, a PE ratio of 104.42, a P/E/G ratio of 2.58 and a beta of 0.97. Sunstone Hotel Investors, Inc. has a fifty-two week low of $8.48 and a fifty-two week high of $12.07. The company has a fifty day moving average of $11.18 and a two-hundred day moving average of $9.95.

Sunstone Hotel Investors (NYSE:SHO) last announced its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.05. The business had revenue of $259.71 million for the quarter, compared to analyst estimates of $244.29 million. Sunstone Hotel Investors had a net margin of 3.84% and a return on equity of 2.27%. The company’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.21 earnings per share. Sunstone Hotel Investors has set its FY 2026 guidance at 0.880-0.960 EPS. As a group, research analysts forecast that Sunstone Hotel Investors, Inc. will post 0.91 earnings per share for the current fiscal year.

Sunstone Hotel Investors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.09 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.36 dividend on an annualized basis and a yield of 3.1%. Sunstone Hotel Investors’s dividend payout ratio (DPR) is currently 327.27%.

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.