Hsbc Holdings PLC Has $5.35 Million Stake in Sunstone Hotel Investors, Inc. $SHO

Hsbc Holdings PLC boosted its position in shares of Sunstone Hotel Investors, Inc. (NYSE:SHO) by 23.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 598,257 shares of the real estate investment trust’s stock after acquiring an additional 112,332 shares during the quarter. Hsbc Holdings PLC’s holdings in Sunstone Hotel Investors were worth $5,353,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in SHO. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Sunstone Hotel Investors by 27.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,274 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 1,135 shares in the last quarter. California State Teachers Retirement System raised its stake in Sunstone Hotel Investors by 0.7% in 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 purchasing an additional 1,170 shares in the last quarter. AQR Capital Management LLC raised its stake in Sunstone Hotel Investors by 1.6% in 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 purchasing an additional 1,307 shares in the last quarter. Heritage Family Offices LLP lifted its position in Sunstone Hotel Investors by 9.9% during the fourth quarter. Heritage Family Offices LLP now owns 21,473 shares of the real estate investment trust’s stock worth $192,000 after purchasing an additional 1,938 shares during the period. Finally, Barclays PLC lifted its position in Sunstone Hotel Investors by 0.7% during the fourth quarter. Barclays PLC now owns 308,643 shares of the real estate investment trust’s stock worth $2,759,000 after purchasing an additional 2,011 shares during the period. Institutional investors and hedge funds own 99.37% of the company’s stock.

Analysts Set New Price Targets

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

Insider Buying and Selling

In related news, insider Robert C. Springer sold 89,631 shares of Sunstone Hotel Investors stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $11.62, for a total transaction of $1,041,512.22. Following the sale, the insider directly owned 573,743 shares in the company, valued at $6,666,893.66. This trade represents a 13.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.40% of the stock is currently owned by corporate insiders.

Sunstone Hotel Investors Price Performance

Shares of SHO opened at $11.25 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 stock has a market cap of $2.10 billion, a PE ratio of 102.29, a PEG ratio of 2.47 and a beta of 0.97. Sunstone Hotel Investors, Inc. has a 12-month low of $8.48 and a 12-month high of $12.07. The business has a 50-day simple moving average of $11.05 and a two-hundred day simple moving average of $9.87.

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

Sunstone Hotel Investors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Tuesday, June 30th. Sunstone Hotel Investors’s dividend payout ratio (DPR) is 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.