Cbre Investment Management Listed Real Assets LLC Cuts Stock Holdings in Sunstone Hotel Investors, Inc. $SHO

Key Points

• CBRE Investment Management Listed Real Assets LLC reduced its stake in Sunstone Hotel Investors by 18.2% in Q3, selling 974,178 shares and retaining 4,385,483 shares (about 2.31% of the company) valued at roughly $41.09 million.
• Sunstone beat quarterly expectations and set FY‑2026 guidance, reporting $0.20 EPS versus $0.18 expected and $236.97M in revenue (up 10.3% y/y), announced a $0.09 quarterly dividend (3.9% yield, ex‑dividend March 31), and trades near $9.26 with a MarketBeat consensus rating of "Hold" and an average target of $9.38.

Cbre Investment Management Listed Real Assets LLC reduced its stake in Sunstone Hotel Investors, Inc. (NYSE:SHO - Free Report) by 18.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,385,483 shares of the real estate investment trust's stock after selling 974,178 shares during the period. Cbre Investment Management Listed Real Assets LLC owned approximately 2.31% of Sunstone Hotel Investors worth $41,092,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Assetmark Inc. grew its position in shares of Sunstone Hotel Investors by 210.4% during the second quarter. Assetmark Inc. now owns 3,635 shares of the real estate investment trust's stock valued at $32,000 after purchasing an additional 2,464 shares in the last quarter. Hantz Financial Services Inc. lifted its position 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 buying an additional 1,876 shares in the last quarter. Cerity Partners LLC purchased a new stake in shares of Sunstone Hotel Investors in the second quarter worth about $88,000. CWM LLC boosted its stake in Sunstone Hotel Investors by 21.7% during the third quarter. CWM LLC now owns 9,773 shares of the real estate investment trust's stock valued at $92,000 after buying an additional 1,744 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in Sunstone Hotel Investors by 16.7% during the third quarter. PNC Financial Services Group Inc. now owns 12,012 shares of the real estate investment trust's stock valued at $113,000 after buying an additional 1,720 shares during the last quarter. Hedge funds and other institutional investors own 99.37% of the company's stock.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Sunstone Hotel Investors in a research note on Wednesday, January 21st. Zacks Research downgraded Sunstone Hotel Investors from a "hold" rating to a "strong sell" rating in a research report on Wednesday, January 14th. Wall Street Zen raised shares of Sunstone Hotel Investors from a "sell" rating to a "hold" rating in a report on Saturday, February 28th. Robert W. Baird restated a "neutral" rating and issued a $10.00 price target on shares of Sunstone Hotel Investors in a research report on Monday, January 12th. Finally, Wells Fargo & Company raised shares of Sunstone Hotel Investors from an "equal weight" rating to an "overweight" rating and upped their price target for the company from $10.00 to $11.00 in a research note on Monday, January 5th. Three equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $9.38.

Sunstone Hotel Investors Trading Down 0.3%

Shares of SHO stock opened at $9.26 on Thursday. The company has a market cap of $1.76 billion, a PE ratio of 231.63, a price-to-earnings-growth ratio of 2.55 and a beta of 0.97. Sunstone Hotel Investors, Inc. has a 1 year low of $7.45 and a 1 year high of $10.27. The stock's 50 day simple moving average is $9.21 and its two-hundred day simple moving average is $9.26. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.94 and a quick ratio of 2.94.

Sunstone Hotel Investors (NYSE:SHO - Get Free Report) last announced its earnings results on Friday, February 27th. The real estate investment trust reported $0.20 EPS for the quarter, topping analysts' consensus estimates of $0.18 by $0.02. Sunstone Hotel Investors had a return on equity of 1.44% and a net margin of 2.56%.The firm had revenue of $236.97 million during the quarter, compared to analysts' expectations of $226.18 million. During the same quarter in the previous year, the business earned $0.16 EPS. The company's quarterly revenue was up 10.3% on a year-over-year basis. Sunstone Hotel Investors has set its FY 2026 guidance at 0.810-0.940 EPS. Research analysts predict that Sunstone Hotel Investors, Inc. will post 0.79 earnings per share for the current year.

Sunstone Hotel Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.09 per share. The ex-dividend date is Tuesday, March 31st. This represents a $0.36 dividend on an annualized basis and a yield of 3.9%. Sunstone Hotel Investors's payout ratio is 900.00%.

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.

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