Sunstone Hotel Investors Inc (NYSE:SHO) Institutional Investor Sentiment

July 18, 2017 - By Henry Gaston

 Sunstone Hotel Investors Inc (NYSE:SHO) Institutional Investor Sentiment

Sentiment for Sunstone Hotel Investors Inc (NYSE:SHO)

Sunstone Hotel Investors Inc (NYSE:SHO) institutional sentiment increased to 0.99 in Q4 2016. Its up 0.08, from 0.91 in 2016Q3. The ratio improved, as 90 hedge funds opened new or increased positions, while 91 reduced and sold their equity positions in Sunstone Hotel Investors Inc. The hedge funds in our partner’s database reported: 240.81 million shares, down from 245.09 million shares in 2016Q3. Also, the number of hedge funds holding Sunstone Hotel Investors Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 22 Reduced: 69 Increased: 56 New Position: 34.

Sunstone Hotel Investors, Inc. operates as a self-managed and self-administered real estate investment trust. The company has market cap of $3.68 billion. 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 has a 19.89 P/E ratio. It operates through hotel ownership segment.

The stock increased 1.51% or $0.25 on July 17, reaching $16.43. About shares traded. Sunstone Hotel Investors Inc (NYSE:SHO) has risen 34.87% since July 18, 2016 and is uptrending. It has outperformed by 18.17% the S&P500.

Analysts expect Sunstone Hotel Investors Inc (NYSE:SHO) to report $0.37 EPS on August, 14.They anticipate $0.02 EPS change or 5.13 % from last quarter’s $0.39 EPS. SHO’s profit would be $82.87 million giving it 11.10 P/E if the $0.37 EPS is correct. After having $0.24 EPS previously, Sunstone Hotel Investors Inc’s analysts see 54.17 % EPS growth.

Presima Inc. holds 3.18% of its portfolio in Sunstone Hotel Investors Inc for 1.41 million shares. Heitman Real Estate Securities Llc owns 1.98 million shares or 1.87% of their US portfolio. Moreover, Daiwa Securities Group Inc. has 1.52% invested in the company for 15.53 million shares. The Maryland-based Lasalle Investment Management Securities Llc has invested 1.23% in the stock. Cbre Clarion Securities Llc, a Pennsylvania-based fund reported 6.91 million shares.#img1#

Sunstone Hotel Investors Inc (NYSE:SHO) Ratings Coverage

Ratings analysis reveals 29% of Sunstone Hotel Investors Inc’s analysts are positive. Out of 14 Wall Street analysts rating Sunstone Hotel Investors Inc, 4 give it “Buy”, 1 “Sell” rating, while 9 recommend “Hold”. The lowest target is $12.50 while the high is $17. The stock’s average target of $15.14 is -7.85% below today’s ($16.43) share price. SHO was included in 28 notes of analysts from July 21, 2015. Robert W. Baird downgraded Sunstone Hotel Investors Inc (NYSE:SHO) on Wednesday, January 11 to “Neutral” rating. On Friday, March 3 the stock rating was downgraded by Bank of America to “Neutral”. The firm has “Outperform” rating given on Thursday, January 7 by Robert W. Baird. The rating was upgraded by Barclays Capital on Wednesday, August 12 to “Equal-Weight”. The company was upgraded on Friday, July 15 by Canaccord Genuity. Bank of America downgraded Sunstone Hotel Investors Inc (NYSE:SHO) rating on Tuesday, July 21. Bank of America has “Underperform” rating and $16.5 target. The stock of Sunstone Hotel Investors Inc (NYSE:SHO) has “Buy” rating given on Thursday, February 18 by Jefferies. The rating was initiated by FBR Capital with “Outperform” on Friday, November 20. Evercore maintained it with “Hold” rating and $16 target in Monday, September 7 report. The firm earned “Outperform” rating on Friday, January 8 by Raymond James.

Another recent and important Sunstone Hotel Investors Inc (NYSE:SHO) news was published by Prnewswire.com which published an article titled: “Sunstone Hotel Investors Schedules Second Quarter 2017 Earnings Release and …” on July 11, 2017.

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