First National Bank of Omaha Buys Shares of 57,397 Sunstone Hotel Investors, Inc. $SHO

First National Bank of Omaha bought a new stake in Sunstone Hotel Investors, Inc. (NYSE:SHO) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 57,397 shares of the real estate investment trust’s stock, valued at approximately $657,000.

A number of other hedge funds have also made changes to their positions in SHO. BlackRock Inc. purchased a new position in Sunstone Hotel Investors during the second quarter valued at approximately $402,089,000. Deutsche Bank AG purchased a new stake in Sunstone Hotel Investors in the 2nd quarter worth approximately $3,130,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Sunstone Hotel Investors during the 2nd quarter valued at $1,822,000. Bank of New York Mellon Corp acquired a new stake in shares of Sunstone Hotel Investors during the 2nd quarter valued at $16,288,000. Finally, State of Wyoming purchased a new position in shares of Sunstone Hotel Investors during the 2nd quarter valued at $317,000. 99.37% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Sunstone Hotel Investors

In other Sunstone Hotel Investors news, insider Robert C. Springer sold 89,631 shares of the stock in a transaction that occurred 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 transaction, the insider owned 573,743 shares in the company, valued at $6,666,893.66. This trade represents a 13.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.40% of the stock is owned by insiders.

Sunstone Hotel Investors Trading Up 0.9%

Shares of NYSE:SHO opened at $11.15 on Thursday. 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 stock has a market capitalization of $2.07 billion, a PE ratio of 50.71, a P/E/G ratio of 2.62 and a beta of 0.97. Sunstone Hotel Investors, Inc. has a 1 year low of $8.69 and a 1 year high of $12.07. The firm has a fifty day moving average price of $11.47 and a 200 day moving average price of $10.33.

Sunstone Hotel Investors (NYSE:SHO) last posted its earnings results on Thursday, August 6th. The real estate investment trust reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.06. The company 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. Analysts expect that Sunstone Hotel Investors, Inc. will post 0.97 EPS for the current fiscal year.

Sunstone Hotel Investors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 3.2%. The ex-dividend date is Wednesday, September 30th. Sunstone Hotel Investors’s payout ratio is 163.64%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Weiss Ratings raised 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. lifted their price objective on Sunstone Hotel Investors from $9.00 to $10.00 and gave the company an “underweight” rating in a research report on Tuesday, July 21st. Wall Street Zen downgraded Sunstone Hotel Investors from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Zacks Research downgraded Sunstone Hotel Investors from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 23rd. Finally, Wells Fargo & Company raised Sunstone Hotel Investors to a “strong-buy” rating in a research note 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 assigned a Sell rating to the company. According to data from MarketBeat, Sunstone Hotel Investors presently has an average rating of “Hold” and a consensus target price of $10.67.

About Sunstone Hotel Investors

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.