First National Bank of Omaha Purchases Shares of 57,397 Sunstone Hotel Investors, Inc. $SHO

First National Bank of Omaha purchased a new stake in shares of Sunstone Hotel Investors, Inc. (NYSE:SHO) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 57,397 shares of the real estate investment trust’s stock, valued at approximately $657,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Royal Bank of Canada boosted its position in shares of Sunstone Hotel Investors by 13.9% during the 1st quarter. Royal Bank of Canada now owns 69,862 shares of the real estate investment trust’s stock valued at $658,000 after acquiring an additional 8,504 shares in the last quarter. AQR Capital Management LLC increased 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 acquiring an additional 1,307 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Sunstone Hotel Investors by 3.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 119,358 shares of the real estate investment trust’s stock worth $1,123,000 after purchasing an additional 3,607 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Sunstone Hotel Investors by 132.6% in 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 purchasing an additional 1,589,258 shares in the last quarter. Finally, United Services Automobile Association bought a new position in Sunstone Hotel Investors during the first quarter worth about $120,000. 99.37% of the stock is currently owned by institutional investors.

Insider Transactions at Sunstone Hotel Investors

In other Sunstone Hotel Investors news, insider Robert C. Springer sold 89,631 shares of Sunstone Hotel Investors stock in a transaction on 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 completion of the transaction, the insider 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

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

Sunstone Hotel Investors Price Performance

NYSE:SHO opened at $11.15 on Thursday. The company has a quick ratio of 3.84, a current ratio of 3.84 and a debt-to-equity ratio of 0.59. The firm has a market cap of $2.07 billion, a PE ratio of 50.71, a price-to-earnings-growth ratio of 2.62 and a beta of 0.97. Sunstone Hotel Investors, Inc. has a 12 month low of $8.69 and a 12 month high of $12.07. The company’s 50-day moving average price is $11.47 and its two-hundred day moving average price is $10.33.

Sunstone Hotel Investors (NYSE:SHO) last posted its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.14 earnings per share 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 company had revenue of $277.11 million during the quarter, compared to analyst estimates of $266.67 million. Sunstone Hotel Investors has set its FY 2026 guidance at 0.930-0.980 EPS. On average, equities analysts anticipate that Sunstone Hotel Investors, Inc. will post 0.97 EPS for the current fiscal year.

Sunstone Hotel Investors Announces Dividend

The firm also recently declared 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 yield of 3.2%. The ex-dividend date of this dividend is Wednesday, September 30th. Sunstone Hotel Investors’s dividend payout ratio (DPR) is currently 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.