Sunstone Hotel Investors, Inc. (NYSE:SHO) Shares Bought by Inceptionr LLC

Inceptionr LLC raised its position in Sunstone Hotel Investors, Inc. (NYSE:SHO) by 53.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 16,529 shares of the real estate investment trust’s stock after acquiring an additional 5,731 shares during the quarter. Inceptionr LLC’s holdings in Sunstone Hotel Investors were worth $196,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Heritage Family Offices LLP boosted its holdings in Sunstone Hotel Investors by 7.2% in the 4th quarter. Heritage Family Offices LLP now owns 14,409 shares of the real estate investment trust’s stock worth $171,000 after buying an additional 969 shares during the last quarter. Vanderbilt University boosted its holdings in Sunstone Hotel Investors by 9.4% in the 4th quarter. Vanderbilt University now owns 14,808 shares of the real estate investment trust’s stock worth $175,000 after buying an additional 1,276 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Sunstone Hotel Investors by 114.1% in the 4th quarter. GAMMA Investing LLC now owns 3,271 shares of the real estate investment trust’s stock worth $39,000 after buying an additional 1,743 shares during the last quarter. Metis Global Partners LLC boosted its holdings in Sunstone Hotel Investors by 11.4% in the 4th quarter. Metis Global Partners LLC now owns 23,323 shares of the real estate investment trust’s stock worth $276,000 after buying an additional 2,381 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in Sunstone Hotel Investors by 442.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,001 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 2,448 shares during the last quarter. 99.37% of the stock is currently owned by institutional investors and hedge funds.

Sunstone Hotel Investors Stock Down 3.8 %

SHO stock opened at $10.16 on Tuesday. The firm has a market cap of $2.04 billion, a PE ratio of 13.36, a PEG ratio of 4.52 and a beta of 1.19. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.98 and a current ratio of 2.98. The firm’s 50 day moving average price is $11.31 and its 200-day moving average price is $10.92. Sunstone Hotel Investors, Inc. has a one year low of $9.39 and a one year high of $12.41.

Sunstone Hotel Investors (NYSE:SHO) last released its quarterly earnings results on Friday, February 21st. The real estate investment trust reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. The firm had revenue of $214.77 million for the quarter, compared to analyst estimates of $211.17 million. Sunstone Hotel Investors had a net margin of 18.61% and a return on equity of 9.04%. On average, equities research analysts anticipate that Sunstone Hotel Investors, Inc. will post 0.79 EPS for the current year.

Sunstone Hotel Investors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 3.55%. The ex-dividend date is Monday, March 31st. Sunstone Hotel Investors’s payout ratio is presently 257.14%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Jefferies Financial Group lifted their price objective on Sunstone Hotel Investors from $10.00 to $12.00 and gave the stock a “hold” rating in a report on Thursday, January 2nd. Wells Fargo & Company decreased their target price on shares of Sunstone Hotel Investors from $13.00 to $12.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 18th. Finally, Morgan Stanley reissued an “underweight” rating and issued a $10.00 target price on shares of Sunstone Hotel Investors in a research note on Tuesday, January 14th. Two research analysts have rated the stock with a sell rating, four have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $11.71.

About Sunstone Hotel Investors

Sunstone Hotel Investors, Inc is a lodging real estate investment trust ("REIT") that as of the date of this release owns 14 hotels comprised of 6,675 rooms, the majority of which are operated under nationally recognized brands. Sunstone's strategy is to create long-term stakeholder value through the acquisition, active ownership, and disposition of well-located hotel and resort real estate.