29,301 Shares in Sunstone Hotel Investors (SHO) Acquired by Jump Trading LLC

Jump Trading LLC purchased a new stake in shares of Sunstone Hotel Investors (NYSE:SHO) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 29,301 shares of the real estate investment trust’s stock, valued at approximately $484,000.

A number of other institutional investors have also recently bought and sold shares of the business. Teachers Retirement System of The State of Kentucky grew its stake in Sunstone Hotel Investors by 3.8% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 94,881 shares of the real estate investment trust’s stock valued at $1,525,000 after purchasing an additional 3,497 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Sunstone Hotel Investors by 23.6% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 19,655 shares of the real estate investment trust’s stock valued at $325,000 after purchasing an additional 3,757 shares during the last quarter. American International Group Inc. grew its stake in Sunstone Hotel Investors by 2.7% during the 4th quarter. American International Group Inc. now owns 152,086 shares of the real estate investment trust’s stock valued at $2,514,000 after purchasing an additional 3,995 shares during the last quarter. Martingale Asset Management L P grew its stake in Sunstone Hotel Investors by 2.9% during the 4th quarter. Martingale Asset Management L P now owns 148,622 shares of the real estate investment trust’s stock valued at $2,457,000 after purchasing an additional 4,182 shares during the last quarter. Finally, Great West Life Assurance Co. Can grew its stake in Sunstone Hotel Investors by 3.4% during the 3rd quarter. Great West Life Assurance Co. Can now owns 133,276 shares of the real estate investment trust’s stock valued at $2,143,000 after purchasing an additional 4,335 shares during the last quarter.

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SHO has been the subject of several analyst reports. Boenning Scattergood reissued an “outperform” rating on shares of Sunstone Hotel Investors in a report on Wednesday, February 14th. Raymond James Financial reissued a “market perform” rating on shares of Sunstone Hotel Investors in a report on Monday, January 8th. Robert W. Baird set a $17.00 price objective on Sunstone Hotel Investors and gave the company a “hold” rating in a report on Wednesday, February 14th. Wells Fargo reissued a “market perform” rating and issued a $17.50 price objective on shares of Sunstone Hotel Investors in a report on Tuesday, December 19th. Finally, B. Riley set a $16.00 price objective on Sunstone Hotel Investors and gave the company a “hold” rating in a report on Monday, February 12th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $15.93.

Sunstone Hotel Investors stock opened at $15.12 on Monday. The stock has a market capitalization of $3,406.86, a PE ratio of 25.20, a PEG ratio of 2.69 and a beta of 1.16. The company has a quick ratio of 3.00, a current ratio of 3.00 and a debt-to-equity ratio of 0.42. Sunstone Hotel Investors has a fifty-two week low of $14.09 and a fifty-two week high of $17.46.

Sunstone Hotel Investors (NYSE:SHO) last released its quarterly earnings results on Monday, February 12th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.19). The business had revenue of $290.19 million during the quarter, compared to analyst estimates of $284.59 million. Sunstone Hotel Investors had a return on equity of 5.56% and a net margin of 12.53%. The business’s revenue for the quarter was up .2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.29 EPS. sell-side analysts expect that Sunstone Hotel Investors will post 1.12 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 16th. Investors of record on Friday, March 30th will be issued a $0.05 dividend. The ex-dividend date is Wednesday, March 28th. This represents a $0.20 dividend on an annualized basis and a yield of 1.32%. Sunstone Hotel Investors’s payout ratio is 386.67%.

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Sunstone Hotel Investors Company Profile

Sunstone Hotel Investors, Inc is a lodging real estate investment trust ("REIT") that as of February 12, 2018 has interests in 25 hotels comprised of 12,450 rooms. Sunstone's hotels are primarily in the urban and resort upper upscale segment and are predominantly operated under nationally recognized brands, such as Marriott, Hilton and Hyatt.

Institutional Ownership by Quarter for Sunstone Hotel Investors (NYSE:SHO)

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