Sunstone Hotel InvestorsSHO
Market Cap: $2.01B
About: Sunstone Hotel Investors Inc is a real estate investment trust that acquires, owns, manages, and renovates the full-service hotel and select-service hotel properties across various states in the United States. Its firm's portfolio consists upper upscale and luxury hotels located in convention, resort destination and urban markets. Its majority of the hotels operate under a brand owned by Marriott, Hilton, Hyatt, Four Seasons or Montage. It operates geographically in Califiornia which generates the majority of its revenue; Florida; and Hawaii. Sunstone's sole source of income is hotel revenue from its hotel ownership segment.
Employees: 40
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
776% more call options, than puts
Call options by funds: $219K | Put options by funds: $25K
13% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 32
2% more funds holding
Funds holding: 236 [Q1] → 240 (+4) [Q2]
1.12% more ownership
Funds ownership: 97.39% [Q1] → 98.51% (+1.12%) [Q2]
8% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 84
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
5% less capital invested
Capital invested by funds: $2.21B [Q1] → $2.09B (-$119M) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Wolfe Research Keegan Carl 50% 1-year accuracy 3 / 6 met price target | 21%upside $12 | Outperform Upgraded | 10 Jul 2024 |