Yousif Capital Management LLC Sells 1,928 Shares of Sunstone Hotel Investors, Inc. (NYSE:SHO)

Yousif Capital Management LLC lessened its position in shares of Sunstone Hotel Investors, Inc. (NYSE:SHO) by 3.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 55,349 shares of the real estate investment trust’s stock after selling 1,928 shares during the period. Yousif Capital Management LLC’s holdings in Sunstone Hotel Investors were worth $655,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of SHO. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Sunstone Hotel Investors by 460.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,414,372 shares of the real estate investment trust’s stock worth $14,596,000 after buying an additional 1,161,792 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Sunstone Hotel Investors by 31.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,775,533 shares of the real estate investment trust’s stock valued at $49,284,000 after purchasing an additional 1,130,558 shares in the last quarter. Heitman Real Estate Securities LLC boosted its stake in shares of Sunstone Hotel Investors by 976.5% in the 3rd quarter. Heitman Real Estate Securities LLC now owns 1,238,002 shares of the real estate investment trust’s stock valued at $12,776,000 after purchasing an additional 1,123,001 shares in the last quarter. NFJ Investment Group LLC purchased a new stake in shares of Sunstone Hotel Investors in the 3rd quarter valued at $3,220,000. Finally, Barclays PLC boosted its stake in shares of Sunstone Hotel Investors by 304.9% in the 3rd quarter. Barclays PLC now owns 343,018 shares of the real estate investment trust’s stock valued at $3,540,000 after purchasing an additional 258,302 shares in the last quarter. Institutional investors own 99.37% of the company’s stock.

Sunstone Hotel Investors Trading Up 0.6 %

Sunstone Hotel Investors stock opened at $11.20 on Monday. The stock has a market cap of $2.25 billion, a P/E ratio of 14.73, a PEG ratio of 3.78 and a beta of 1.20. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.98 and a quick ratio of 2.98. Sunstone Hotel Investors, Inc. has a 1 year low of $9.39 and a 1 year high of $12.41. The firm’s 50 day moving average price is $11.74 and its 200-day moving average price is $10.83.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on SHO. Wells Fargo & Company upped their price objective on shares of Sunstone Hotel Investors from $11.00 to $13.00 and gave the company an “equal weight” rating in a research note on Monday, December 9th. Morgan Stanley reaffirmed an “underweight” rating and issued a $10.00 price objective on shares of Sunstone Hotel Investors in a research note on Tuesday, January 14th. Finally, Jefferies Financial Group upped their price target on shares of Sunstone Hotel Investors from $10.00 to $12.00 and gave the company a “hold” rating in a report on Thursday, January 2nd. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $11.86.

Sunstone Hotel Investors Profile

Sunstone Hotel Investors, Inc is a lodging real estate investment trust ("REIT") that as of the date of this release owns 14 hotels comprised of 6,675 rooms, the majority of which are operated under nationally recognized brands. Sunstone's strategy is to create long-term stakeholder value through the acquisition, active ownership, and disposition of well-located hotel and resort real estate.