StockNews.com assumed protection on shares of Sunstone Hotel Traders (NYSE:SHO – Get Score) in a report produced on Thursday. The brokerage issued a offer rating on the genuine estate financial commitment trust’s stock.
A range of other equities analysts also just lately issued reports on SHO. Barclays downgraded Sunstone Lodge Buyers from an chubby score to an underweight ranking and slice their concentrate on selling price for the stock from $15.00 to $11.00 in a research be aware on Tuesday, March 1st. Evercore ISI elevated Sunstone Resort Buyers from an in-line ranking to an outperform score in a study report on Tuesday, March 1st. Morgan Stanley elevated Sunstone Hotel Buyers from an equal bodyweight rating to an over weight rating and upped their goal price for the business from $13.00 to $14.00 in a analysis report on Tuesday, January 18th. Lender of The usa downgraded Sunstone Resort Buyers from a invest in score to an underperform score and lowered their value objective for the inventory from $14.00 to $12.00 in a investigate note on Monday, January 10th. Lastly, Truist Economical improved their rate goal on Sunstone Hotel Investors from $11.00 to $12.00 and gave the inventory a keep rating in a investigate notice on Friday, December 3rd. Three investment decision analysts have rated the stock with a promote ranking, a few have issued a hold ranking and 3 have provided a purchase ranking to the stock. Centered on facts from MarketBeat.com, the business has a consensus rating of Keep and an regular selling price concentrate on of $12.71.
NYSE SHO traded down $.13 on Thursday, achieving $11.54. 46,198 shares of the corporation were being exchanged, in comparison to its normal quantity of 4,080,394. The business’s fifty day going regular price is $11.29 and its 200 day relocating typical rate is $11.70. The stock has a market capitalization of $2.53 billion, a P/E ratio of 194.50 and a beta of 1.30. The corporation has a recent ratio of 1.61, a speedy ratio of 1.61 and a personal debt-to-equity ratio of .30. Sunstone Resort Investors has a fifty-two 7 days small of $9.93 and a fifty-two week superior of $13.91.
Sunstone Hotel Buyers (NYSE:SHO – Get Ranking) past posted its quarterly earnings knowledge on Tuesday, February 22nd. The real estate expense trust reported $.61 earnings for every share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $.11 by $.50. Sunstone Resort Investors had a return on fairness of 1.66% and a internet margin of 6.08%. The organization had income of $173.89 million for the quarter, when compared to the consensus estimate of $177.06 million. Equities exploration analysts forecast that Sunstone Lodge Buyers will write-up .72 earnings per share for the latest year.
Many institutional traders have just lately purchased and bought shares of SHO. Metropolitan Life Insurance policy Co NY raised its stake in shares of Sunstone Hotel Traders by 1.4% for the duration of the 3rd quarter. Metropolitan Lifestyle Insurance coverage Co NY now owns 70,118 shares of the actual estate expenditure trust’s stock valued at $837,000 immediately after acquiring an added 958 shares during the time period. GSA Cash Partners LLP boosted its stake in Sunstone Lodge Investors by 2.2% through the 3rd quarter. GSA Money Associates LLP now owns 53,973 shares of the actual estate expenditure trust’s inventory valued at $644,000 after paying for an supplemental 1,175 shares during the past quarter. Van ECK Associates Corp boosted its stake in shares of Sunstone Hotel Buyers by 17.1% in the 3rd quarter. Van ECK Associates Corp now owns 10,152 shares of the genuine estate investment decision trust’s stock value $121,000 after purchasing an more 1,483 shares in the course of the very last quarter. FourThought Economic LLC elevated its holdings in Sunstone Lodge Buyers by 34.1% in the 4th quarter. FourThought Economical LLC now owns 6,327 shares of the actual estate investment trust’s stock worthy of $74,000 immediately after purchasing an extra 1,610 shares throughout the time period. Ultimately, Pictet Asset Management SA lifted its holdings in Sunstone Hotel Investors by 2.1% all through the fourth quarter. Pictet Asset Administration SA now owns 84,338 shares of the genuine estate investment decision trust’s stock valued at $989,000 following acquiring an more 1,747 shares in the course of the time period. 93.41% of the stock is at present owned by hedge resources and other institutional investors.
Sunstone Lodge Traders Enterprise Profile (Get Rating)
Sunstone Lodge Traders, Inc is a lodging actual estate investment rely on (“REIT”) that as of the date of this launch has passions in 19 resorts comprised of 9,997 rooms. Sunstone’s business enterprise is to get, possess, asset handle and renovate or reposition inns deemed to be Extensive-Time period Appropriate True EstateÂ®, the greater part of which are operated below nationally acknowledged makes, this kind of as Marriott, Hilton and Hyatt.
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