Daiwa Securities Group Inc. Boosts Stake in Sunstone Hotel Investors, Inc. $SHO

Daiwa Securities Group Inc. lifted its holdings in Sunstone Hotel Investors, Inc. (NYSE:SHO) by 11.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 439,526 shares of the real estate investment trust’s stock after purchasing an additional 44,616 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Sunstone Hotel Investors were worth $3,929,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Hantz Financial Services Inc. raised its stake in shares of Sunstone Hotel Investors by 62.4% in the third quarter. Hantz Financial Services Inc. now owns 4,884 shares of the real estate investment trust’s stock worth $46,000 after purchasing an additional 1,876 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Sunstone Hotel Investors by 27.4% in the fourth 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 during the last quarter. Cerity Partners LLC purchased a new position in shares of Sunstone Hotel Investors in the second quarter worth $88,000. PNC Financial Services Group Inc. raised its stake in shares of Sunstone Hotel Investors by 16.7% in the third quarter. PNC Financial Services Group Inc. now owns 12,012 shares of the real estate investment trust’s stock worth $113,000 after purchasing an additional 1,720 shares during the last quarter. Finally, United Services Automobile Association purchased a new position in shares of Sunstone Hotel Investors in the first quarter worth $120,000. Hedge funds and other institutional investors own 99.37% of the company’s stock.

Sunstone Hotel Investors Stock Performance

Shares of SHO opened at $11.53 on Tuesday. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.42 and a quick ratio of 3.42. Sunstone Hotel Investors, Inc. has a one year low of $8.43 and a one year high of $11.63. The firm has a market capitalization of $2.15 billion, a P/E ratio of 104.78, a PEG ratio of 2.67 and a beta of 0.98. The business has a fifty day moving average of $10.04 and a 200 day moving average of $9.48.

Sunstone Hotel Investors (NYSE:SHO) last issued its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.27 EPS for the quarter, topping the consensus estimate of $0.22 by $0.05. Sunstone Hotel Investors had a return on equity of 2.27% and a net margin of 3.84%.The company had revenue of $259.71 million during the quarter, compared to analyst estimates of $244.30 million. During the same quarter in the previous year, the company posted $0.21 earnings per share. Sunstone Hotel Investors’s revenue was up 10.9% compared to the same quarter last year. Sunstone Hotel Investors has set its FY 2026 guidance at 0.880-0.960 EPS. As a group, sell-side analysts anticipate that Sunstone Hotel Investors, Inc. will post 0.91 EPS for the current year.

Sunstone Hotel Investors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Tuesday, June 30th. Sunstone Hotel Investors’s payout ratio is currently 327.27%.

Analyst Ratings Changes

Several research analysts have recently weighed in on SHO shares. Wall Street Zen upgraded Sunstone Hotel Investors from a “sell” rating to a “hold” rating in a research note on Saturday, February 28th. Zacks Research raised Sunstone Hotel Investors from a “hold” rating to a “strong-buy” rating in a report on Monday, May 18th. Truist Financial lifted their price objective on Sunstone Hotel Investors from $10.00 to $11.00 and gave the stock a “hold” rating in a report on Thursday, March 26th. LADENBURG THALM/SH SH assumed coverage on Sunstone Hotel Investors in a report on Thursday, March 26th. They issued a “hold” rating and a $10.00 price objective for the company. Finally, Citigroup lifted their price objective on Sunstone Hotel Investors from $9.50 to $10.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $10.29.

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.