Shares of Sunstone Hotel Investors Inc (NYSE:SHO) have been given a consensus rating of “Hold” by the fifteen analysts that are covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is $16.06.

Several analysts recently weighed in on the company. B. Riley set a $16.00 price objective on Sunstone Hotel Investors and gave the company a “hold” rating in a research note on Monday. Raymond James Financial reaffirmed a “market perform” rating on shares of Sunstone Hotel Investors in a research note on Monday, January 8th. Wells Fargo & Co reaffirmed a “market perform” rating and issued a $17.50 price objective on shares of Sunstone Hotel Investors in a research note on Tuesday, December 19th. JPMorgan Chase & Co. lowered Sunstone Hotel Investors from a “neutral” rating to an “underweight” rating and set a $14.00 price objective on the stock. in a research note on Thursday, November 16th. Finally, Zacks Investment Research raised Sunstone Hotel Investors from a “sell” rating to a “hold” rating in a research note on Friday, November 3rd.

In related news, CFO Bryan Albert Giglia sold 18,426 shares of the firm’s stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $16.73, for a total value of $308,266.98. Following the sale, the chief financial officer now directly owns 229,833 shares of the company’s stock, valued at $3,845,106.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.84% of the company’s stock.

Hedge funds have recently made changes to their positions in the company. Ameritas Investment Partners Inc. boosted its stake in shares of Sunstone Hotel Investors by 3.2% during the second quarter. Ameritas Investment Partners Inc. now owns 19,388 shares of the real estate investment trust’s stock valued at $313,000 after purchasing an additional 609 shares in the last quarter. California Public Employees Retirement System boosted its stake in shares of Sunstone Hotel Investors by 6.6% during the third quarter. California Public Employees Retirement System now owns 648,218 shares of the real estate investment trust’s stock valued at $10,417,000 after purchasing an additional 40,279 shares in the last quarter. Prudential Financial Inc. boosted its stake in shares of Sunstone Hotel Investors by 6.1% during the third quarter. Prudential Financial Inc. now owns 2,496,710 shares of the real estate investment trust’s stock valued at $40,122,000 after purchasing an additional 143,639 shares in the last quarter. ClariVest Asset Management LLC boosted its stake in shares of Sunstone Hotel Investors by 3.4% during the third quarter. ClariVest Asset Management LLC now owns 196,500 shares of the real estate investment trust’s stock valued at $3,158,000 after purchasing an additional 6,500 shares in the last quarter. Finally, Nationwide Fund Advisors boosted its stake in shares of Sunstone Hotel Investors by 22.8% during the third quarter. Nationwide Fund Advisors now owns 464,047 shares of the real estate investment trust’s stock valued at $7,457,000 after purchasing an additional 86,234 shares in the last quarter.

Shares of Sunstone Hotel Investors (SHO) opened at $15.77 on Wednesday. The stock has a market capitalization of $3,550.00, a price-to-earnings ratio of 27.67, a PEG ratio of 2.63 and a beta of 1.04. Sunstone Hotel Investors has a 1-year low of $14.15 and a 1-year high of $17.46. The company has a current ratio of 4.76, a quick ratio of 4.75 and a debt-to-equity ratio of 0.40.

Sunstone Hotel Investors (NYSE:SHO) last released its earnings results on Monday, February 12th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.19). The company had revenue of $290.19 million for the quarter, compared to analyst estimates of $284.59 million. Sunstone Hotel Investors had a return on equity of 6.20% and a net margin of 13.78%. The business’s revenue for the quarter was up .2% compared to the same quarter last year. During the same period last year, the company posted $0.29 earnings per share. research analysts anticipate that Sunstone Hotel Investors will post 1.2 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. Investors of record on Friday, March 30th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.27%. The ex-dividend date of this dividend is Wednesday, March 28th. Sunstone Hotel Investors’s dividend payout ratio (DPR) is presently 407.02%.

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Sunstone Hotel Investors Company Profile

Sunstone Hotel Investors, Inc operates as a self-managed and self-administered real estate investment trust (REIT). The Company’s primary business is to acquire, own, asset manage and renovate primarily urban and resort upper upscale hotels in the United States. The Company operates through hotel ownership segment.

Analyst Recommendations for Sunstone Hotel Investors (NYSE:SHO)

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