Engineers Gate Manager LP Invests $2.81 Million in Sunstone Hotel Investors, Inc. $SHO

Key Points

• Engineers Gate Manager LP initiated a $2.81 million position in Sunstone Hotel Investors, purchasing 245,344 shares, while institutional investors collectively own 99.37% of the company.
• Sunstone exceeded quarterly earnings expectations, reporting $0.14 in EPS versus the $0.08 consensus estimate and $277.11 million in revenue. The company guided for fiscal 2026 EPS of $0.93–$0.98.
• The REIT declared a quarterly dividend of $0.09 per share, equal to a 3.3% annualized yield. Analysts maintain a consensus “Hold” rating with an $11.00 target price, near the stock’s reported $10.98 price.

Engineers Gate Manager LP bought a new position in shares of Sunstone Hotel Investors, Inc. (NYSE:SHO - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm bought 245,344 shares of the real estate investment trust's stock, valued at approximately $2,809,000. Engineers Gate Manager LP owned approximately 0.13% of Sunstone Hotel Investors as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. North Star Investment Management Corp. bought a new stake in Sunstone Hotel Investors during the first quarter worth about $27,000. Sequoia Financial Advisors LLC bought a new position in shares of Sunstone Hotel Investors in the first quarter valued at approximately $91,000. Longboard Asset Management LP bought a new position in shares of Sunstone Hotel Investors in the second quarter valued at approximately $124,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Sunstone Hotel Investors in the 2nd quarter worth approximately $136,000. Finally, Two Sigma Securities LLC acquired a new position in shares of Sunstone Hotel Investors in the 2nd quarter worth approximately $157,000. 99.37% of the stock is owned by institutional investors.

Sunstone Hotel Investors Price Performance

Shares of SHO stock opened at $10.98 on Tuesday. Sunstone Hotel Investors, Inc. has a 1 year low of $8.69 and a 1 year 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's 50 day moving average is $11.29 and its 200-day moving average is $10.58. The firm has a market capitalization of $2.04 billion, a price-to-earnings ratio of 49.93, a PEG ratio of 2.60 and a beta of 0.97.

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

Sunstone Hotel Investors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be paid a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Wednesday, September 30th. Sunstone Hotel Investors's dividend payout ratio (DPR) is 163.64%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on SHO. Wall Street Zen cut Sunstone Hotel Investors from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. Wells Fargo & Company raised Sunstone Hotel Investors to a "strong-buy" rating in a research note on Thursday, July 23rd. Zacks Research lowered Sunstone Hotel Investors from a "strong-buy" rating to a "hold" rating in a research note on Thursday, July 23rd. JPMorgan Chase & Co. increased their target price on Sunstone Hotel Investors from $9.00 to $10.00 and gave the stock an "underweight" rating in a report on Tuesday, July 21st. Finally, Weiss Ratings upgraded Sunstone Hotel Investors from a "hold (c)" rating to a "buy (b-)" rating in a research note on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Sunstone Hotel Investors presently has a consensus rating of "Hold" and a consensus target price of $11.00.

Insider Buying and Selling at Sunstone Hotel Investors

In other news, insider Robert Springer sold 89,631 shares of the business's stock in a transaction on Wednesday, June 24th. The stock was 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 in the company, valued at $6,666,893.66. The trade was a 13.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.40% of the stock is currently owned by insiders.

Sunstone Hotel Investors Profile

Sunstone Hotel Investors, Inc is a real estate investment trust that owns and invests in luxury and upper-upscale hotels in the United States. The company focuses on acquiring, renovating, repositioning and managing a portfolio of full-service lodging properties located primarily in high-demand, coastal and urban gateway markets.

Sunstone's hotels serve business and leisure travelers and typically offer accommodations, restaurants and bars, meeting and event facilities, and other hospitality amenities.

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