Sunstone Hotel Investors Inc (NYSE:SHO)‘s stock had its “neutral” rating reiterated by stock analysts at B. Riley in a report issued on Wednesday.

Other research analysts have also issued reports about the company. Canaccord Genuity raised their price objective on Sunstone Hotel Investors from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Thursday, August 3rd. Zacks Investment Research lowered Sunstone Hotel Investors from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Boenning Scattergood reissued a “hold” rating on shares of Sunstone Hotel Investors in a research report on Wednesday. FBR & Co reissued a “hold” rating on shares of Sunstone Hotel Investors in a research report on Tuesday. Finally, Robert W. Baird set a $17.00 price objective on Sunstone Hotel Investors and gave the company a “hold” rating in a research report on Monday, October 23rd. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $15.89.

Shares of Sunstone Hotel Investors (SHO) traded down $0.09 during trading hours on Wednesday, reaching $16.48. The company’s stock had a trading volume of 915,338 shares, compared to its average volume of 1,450,000. The company has a current ratio of 4.76, a quick ratio of 6.04 and a debt-to-equity ratio of 0.40. Sunstone Hotel Investors has a fifty-two week low of $12.15 and a fifty-two week high of $17.15. The stock has a market cap of $3,710.00, a price-to-earnings ratio of 13.59, a price-to-earnings-growth ratio of 2.77 and a beta of 1.10.

Sunstone Hotel Investors (NYSE:SHO) last released its quarterly earnings data on Monday, October 30th. The real estate investment trust reported $0.31 EPS for the quarter, beating the consensus estimate of $0.13 by $0.18. Sunstone Hotel Investors had a return on equity of 6.20% and a net margin of 13.78%. The company had revenue of $303.91 million for the quarter, compared to analyst estimates of $299.90 million. During the same period last year, the company posted $0.33 earnings per share. The firm’s revenue was up .2% compared to the same quarter last year. sell-side analysts anticipate that Sunstone Hotel Investors will post 1.2 EPS for the current year.

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Several hedge funds and other institutional investors have recently made changes to their positions in SHO. BlackRock Inc. increased its position in shares of Sunstone Hotel Investors by 5,722.3% during the first quarter. BlackRock Inc. now owns 19,544,184 shares of the real estate investment trust’s stock worth $299,613,000 after acquiring an additional 19,208,506 shares during the last quarter. Vanguard Group Inc. grew its stake in Sunstone Hotel Investors by 4.5% in the second quarter. Vanguard Group Inc. now owns 37,717,053 shares of the real estate investment trust’s stock worth $607,999,000 after purchasing an additional 1,619,745 shares in the last quarter. Franklin Resources Inc. grew its stake in Sunstone Hotel Investors by 41.8% in the second quarter. Franklin Resources Inc. now owns 5,061,301 shares of the real estate investment trust’s stock worth $81,588,000 after purchasing an additional 1,490,802 shares in the last quarter. Frontier Capital Management Co. LLC grew its stake in Sunstone Hotel Investors by 43.3% in the second quarter. Frontier Capital Management Co. LLC now owns 4,184,909 shares of the real estate investment trust’s stock worth $67,461,000 after purchasing an additional 1,263,508 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in Sunstone Hotel Investors by 49.3% in the second quarter. Ameriprise Financial Inc. now owns 2,643,022 shares of the real estate investment trust’s stock worth $42,605,000 after purchasing an additional 873,060 shares in the last quarter.

About Sunstone Hotel Investors

Sunstone Hotel Investors, Inc operates as a self-managed and self-administered real estate investment trust. The Company’s primary business is to acquire, own, asset manage and renovate primarily urban and resort upper upscale hotels in the United States. It operates through hotel ownership segment. It owns primarily urban and resort upper upscale hotels in the United States.

Analyst Recommendations for Sunstone Hotel Investors (NYSE:SHO)

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