Sunstone Hotel Investors (NYSE:SHO) was downgraded by research analysts at ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Friday, ValuEngine reports.

A number of other research firms have also recently issued reports on SHO. TheStreet cut Weibo from a “b-” rating to a “c+” rating in a report on Friday, May 31st. Wedbush upgraded Sunstone Hotel Investors from a “neutral” rating to an “outperform” rating in a report on Wednesday, June 26th. Zacks Investment Research upgraded Garrett Motion from a “sell” rating to a “hold” rating in a report on Friday, May 10th. Finally, Wells Fargo & Co reiterated a “buy” rating on shares of Helmerich & Payne in a report on Thursday, June 27th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $16.50.

Sunstone Hotel Investors stock opened at $13.51 on Friday. Sunstone Hotel Investors has a 52 week low of $12.70 and a 52 week high of $17.03. The business’s 50-day simple moving average is $13.66. The company has a debt-to-equity ratio of 0.42, a quick ratio of 7.05 and a current ratio of 7.05. The stock has a market capitalization of $3.06 billion, a PE ratio of 11.55, a price-to-earnings-growth ratio of 2.07 and a beta of 1.07.

Sunstone Hotel Investors (NYSE:SHO) last posted its earnings results on Monday, May 6th. The real estate investment trust reported $0.21 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.02. Sunstone Hotel Investors had a return on equity of 9.13% and a net margin of 20.15%. The business had revenue of $257.68 million during the quarter, compared to analysts’ expectations of $256.64 million. During the same period in the previous year, the business earned $0.20 earnings per share. The firm’s revenue was down 5.1% on a year-over-year basis. Equities research analysts predict that Sunstone Hotel Investors will post 1.08 EPS for the current year.

Institutional investors and hedge funds have recently bought and sold shares of the company. Oppenheimer Asset Management Inc. bought a new stake in shares of Sunstone Hotel Investors in the 1st quarter valued at about $76,000. Pearl River Capital LLC bought a new stake in shares of Sunstone Hotel Investors in the 1st quarter valued at about $144,000. Nisa Investment Advisors LLC lifted its stake in shares of Sunstone Hotel Investors by 82.2% in the 1st quarter. Nisa Investment Advisors LLC now owns 12,570 shares of the real estate investment trust’s stock valued at $181,000 after acquiring an additional 5,670 shares during the last quarter. Quantitative Systematic Strategies LLC bought a new stake in shares of Sunstone Hotel Investors in the 1st quarter valued at about $185,000. Finally, Brinker Capital Inc. lifted its stake in shares of Sunstone Hotel Investors by 10.5% in the 1st quarter. Brinker Capital Inc. now owns 14,300 shares of the real estate investment trust’s stock valued at $206,000 after acquiring an additional 1,360 shares during the last quarter.

About Sunstone Hotel Investors

Sunstone Hotel Investors, Inc is a lodging real estate investment trust ("REIT") that as of February 12, 2019 has interests in 21 hotels comprised of 10,780 rooms. Sunstone's primary business is to acquire, own, asset manage and renovate hotels considered to be Long-Term Relevant Real EstateĀ®, the majority of which are operated under nationally recognized brands, such as Marriott, Hilton and Hyatt.

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