Tudor Investment Corp ET AL Sells 902,203 Shares of Sunstone Hotel Investors, Inc. $SHO

Key Points

• Tudor Investment Corp. sold 902,203 shares of Sunstone Hotel Investors, cutting its stake by 88.2% to 120,943 shares valued at about $1.13 million at quarter-end.
• Several other institutions reshuffled holdings—most notably Tributary Capital added 1,292,691 shares to hold 2,691,706 shares (~$25.2M)—and institutional investors now own about 99.37% of the stock.
• Sunstone trades near $9.56 with a $1.81B market cap, recently beat quarterly estimates ($0.20 EPS vs. $0.18) and pays a $0.09 quarterly dividend (annualized yield ~3.8%) despite a reported payout ratio of 900%; consensus analyst rating is "Hold" with a $9.63 target.

Tudor Investment Corp ET AL lessened its holdings in Sunstone Hotel Investors, Inc. (NYSE:SHO - Free Report) by 88.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 120,943 shares of the real estate investment trust's stock after selling 902,203 shares during the period. Tudor Investment Corp ET AL owned about 0.06% of Sunstone Hotel Investors worth $1,133,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SHO. Squarepoint Ops LLC bought a new stake in shares of Sunstone Hotel Investors during the second quarter worth about $1,997,000. Tributary Capital Management LLC grew its holdings in shares of Sunstone Hotel Investors by 92.4% during the third quarter. Tributary Capital Management LLC now owns 2,691,706 shares of the real estate investment trust's stock worth $25,221,000 after purchasing an additional 1,292,691 shares during the last quarter. Westwood Holdings Group Inc. grew its holdings in shares of Sunstone Hotel Investors by 10.7% during the second quarter. Westwood Holdings Group Inc. now owns 3,961,174 shares of the real estate investment trust's stock worth $34,383,000 after purchasing an additional 384,277 shares during the last quarter. Davis Selected Advisers grew its holdings in shares of Sunstone Hotel Investors by 13.5% during the third quarter. Davis Selected Advisers now owns 1,311,800 shares of the real estate investment trust's stock worth $12,292,000 after purchasing an additional 156,320 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of Sunstone Hotel Investors during the third quarter worth about $844,000. Institutional investors own 99.37% of the company's stock.

Sunstone Hotel Investors Price Performance

Sunstone Hotel Investors stock opened at $9.56 on Tuesday. The stock's 50 day moving average is $9.22 and its 200 day moving average is $9.19. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.94 and a quick ratio of 2.94. The firm has a market cap of $1.81 billion, a P/E ratio of 238.93, a P/E/G ratio of 2.63 and a beta of 0.97. Sunstone Hotel Investors, Inc. has a one year low of $7.93 and a one year high of $10.27.

Sunstone Hotel Investors (NYSE:SHO - Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $236.97 million for the quarter, compared to analyst estimates of $226.18 million. Sunstone Hotel Investors had a return on equity of 1.44% and a net margin of 2.56%.The firm's quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.16 earnings per share. Sunstone Hotel Investors has set its FY 2026 guidance at 0.810-0.940 EPS. As a group, research analysts expect that Sunstone Hotel Investors, Inc. will post 0.79 EPS for the current year.

Sunstone Hotel Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Tuesday, March 31st. Sunstone Hotel Investors's payout ratio is currently 900.00%.

Analysts Set New Price Targets

Several analysts have recently weighed in on SHO shares. LADENBURG THALM/SH SH started coverage on Sunstone Hotel Investors in a report on Thursday, March 26th. They set a "hold" rating and a $10.00 price target on the stock. Truist Financial boosted their price target on Sunstone Hotel Investors from $10.00 to $11.00 and gave the stock a "hold" rating in a report on Thursday, March 26th. Robert W. Baird restated a "neutral" rating and set a $10.00 price target on shares of Sunstone Hotel Investors in a report on Monday, January 12th. Wells Fargo & Company reduced their price target on Sunstone Hotel Investors from $11.00 to $10.00 and set an "overweight" rating on the stock in a report on Tuesday, March 24th. Finally, Wall Street Zen upgraded Sunstone Hotel Investors from a "sell" rating to a "hold" rating in a report on Saturday, February 28th. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $9.63.

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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