Deutsche Bank AG Takes $3.13 Million Position in Sunstone Hotel Investors, Inc. $SHO

Key Points

• Deutsche Bank acquired 273,354 shares of Sunstone Hotel Investors during the second quarter, establishing a position worth approximately $3.13 million, or 0.15% of the REIT. Institutional investors collectively own 99.37% of the stock.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $10.67. Recent actions included upgrades from Weiss Ratings and target-price increases from JPMorgan and Citigroup, alongside downgrades from Wall Street Zen and Zacks Research.
• Sunstone exceeded quarterly expectations with adjusted earnings of $0.14 per share versus the $0.08 consensus and revenue of $277.11 million. The company declared a quarterly dividend of $0.09, equating to a 3.2% annualized yield, though its payout ratio is elevated at 163.64%.

Deutsche Bank AG purchased a new position in Sunstone Hotel Investors, Inc. (NYSE:SHO - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 273,354 shares of the real estate investment trust's stock, valued at approximately $3,130,000. Deutsche Bank AG owned about 0.15% of Sunstone Hotel Investors at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Kestra Advisory Services LLC acquired a new position in shares of Sunstone Hotel Investors in the 4th quarter valued at $26,000. North Star Investment Management Corp. acquired a new position in Sunstone Hotel Investors in the first quarter valued at $27,000. Mirae Asset Global Investments Co. Ltd. grew its position in Sunstone Hotel Investors by 27.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,274 shares of the real estate investment trust's stock valued at $47,000 after acquiring an additional 1,135 shares during the period. FIL Ltd increased its stake in Sunstone Hotel Investors by 57.2% during the fourth quarter. FIL Ltd now owns 9,010 shares of the real estate investment trust's stock worth $81,000 after acquiring an additional 3,280 shares during the last quarter. Finally, Cerity Partners LLC acquired a new position in shares of Sunstone Hotel Investors in the 2nd quarter valued at about $88,000. 99.37% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Sunstone Hotel Investors

In related news, insider Robert C. Springer sold 89,631 shares of the business's stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $11.62, for a total transaction of $1,041,512.22. Following the completion of the sale, the insider owned 573,743 shares of the company's stock, valued at $6,666,893.66. This represents a 13.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.40% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently issued reports on SHO shares. Wall Street Zen downgraded Sunstone Hotel Investors from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. Weiss Ratings upgraded shares of Sunstone Hotel Investors from a "hold (c)" rating to a "buy (b-)" rating in a research note on Tuesday, August 11th. JPMorgan Chase & Co. upped their target price on shares of Sunstone Hotel Investors from $9.00 to $10.00 and gave the company an "underweight" rating in a research note on Tuesday, July 21st. Citigroup upped their price objective on shares of Sunstone Hotel Investors from $9.50 to $10.00 and gave the company a "neutral" rating in a research report on Wednesday, May 6th. Finally, Zacks Research downgraded Sunstone Hotel Investors from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $10.67.

Sunstone Hotel Investors Price Performance

Shares of SHO opened at $11.24 on Thursday. Sunstone Hotel Investors, Inc. has a 52 week low of $8.69 and a 52 week high of $12.07. The company has a current ratio of 3.84, a quick ratio of 3.84 and a debt-to-equity ratio of 0.59. The firm has a market cap of $2.09 billion, a price-to-earnings ratio of 51.09, a PEG ratio of 2.69 and a beta of 0.97. The stock has a 50 day moving average of $11.43 and a 200-day moving average of $10.42.

Sunstone Hotel Investors (NYSE:SHO - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.06. The business had revenue of $277.11 million for the quarter, compared to analyst estimates of $266.67 million. Sunstone Hotel Investors had a return on equity of 3.21% and a net margin of 5.30%.Sunstone Hotel Investors has set its FY 2026 guidance at 0.930-0.980 EPS. As a group, analysts forecast that Sunstone Hotel Investors, Inc. will post 0.97 EPS for the current year.

Sunstone Hotel Investors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $0.09 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.36 annualized dividend and a dividend yield of 3.2%. Sunstone Hotel Investors's payout ratio is 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.

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