Sunstone Hotel Investors, Inc. (SHO) Trading at $16.80 Forms Multiple Bottom

June 27, 2018 - By Daniel Cummings

During 2018 Q1 the big money sentiment decreased to 1.03. That’s change of 0.04, from 2017Q4’s 1.07. 28 investors sold all, 61 reduced holdings as Sunstone Hotel Investors, Inc. ratio is negative. 62 increased stakes while 30 funds amassed stakes. Funds hold 237.24 million shares thus 4.65% less from 2017Q4’s 248.82 million shares.
Royal Bank Of Canada accumulated 0% or 17,260 shs. Millennium Management Ltd Company holds 0.02% or 917,641 shs. 25,934 are owned by Amer Century. Rothschild Asset Mgmt holds 0.12% or 718,756 shs in its capital. Wellington Mgmt Llp, Massachusetts-based fund reported 1.72M shs. Federated Pa invested 0% in Sunstone Hotel Investors, Inc. (NYSE:SHO). Grantham Mayo Van Otterloo And Limited Liability Corp holds 21,300 shs or 0% of its capital. Price T Rowe Associates Md owns 11.30M shs or 0.03% of their US capital. Green Street Limited Com holds 196,300 shs or 1.69% of its capital. New York State Common Retirement Fund holds 0% or 244,329 shs. 615,286 are owned by Alliancebernstein Lp. Stevens Cap Management Ltd Partnership owns 192,895 shs or 0.11% of their US capital. Legal & General Group Public Ltd holds 0.01% of its capital in Sunstone Hotel Investors, Inc. (NYSE:SHO) for 807,323 shs. 218,942 are owned by Sumitomo Mitsui Holding. Aqr Cap Management Ltd stated it has 0% in Sunstone Hotel Investors, Inc. (NYSE:SHO).

Sunstone Hotel Investors, Inc. (SHO) has multiple bottom. It has $15.29 price target or $16.80 share price. On Jun, 27 this technical pattern was reported by Finviz.com. At $15.29 price target, the company’s valuation could be $341.10 million less.

SHO is touching $16.8 during the last trading session, after increased 0.78%.Sunstone Hotel Investors, Inc. is uptrending after having risen 9.14% since June 27, 2017. SHO has 3.14 million volume or 35.32% up from normal. The stock underperformed the S&P500 by 3.43%.

Sunstone Hotel Investors, Inc. (NYSE:SHO)’s earnings release is expected by WallStreet on August, 7, according to RTT. Analysts forecast $0.36 earnings per share, which is $0.02 down or 5.26 % from 2017’s $0.38 earnings per share. If reported the P/E will be 11.67 with $81.21M profit. After $0.20 EPS report last quarter, Wall Street now sees 80.00 % EPS growth of Sunstone Hotel Investors, Inc..

Sunstone Hotel Investors, Inc. (NYSE:SHO) Ratings Coverage

Total analysts of 8 have positions in Sunstone Hotel Investors (NYSE:SHO) as follows: 2 rated it a “Buy”, 0 with “Sell” and 6 with “Hold”. The positive are 25%. The firm has $18.0 highest while $16.0 is the lowest target. The average target $16.90 is 0.60% above the last ($16.8) price. Since January 8, 2018 according to StockzIntelligence Inc Sunstone Hotel Investors has 9 analyst reports. On Wednesday, February 21 the firm earned “Buy” rating by Boenning \u0026 Scattergood. On Wednesday, February 14 the stock of Sunstone Hotel Investors, Inc. (NYSE:SHO) earned “Hold” rating by Robert W. Baird. In Monday, January 8 report Raymond James downgraded the stock to “Market Perform” rating. On Thursday, May 31 Jefferies initiated Sunstone Hotel Investors, Inc. (NYSE:SHO) with “Hold” rating. On Friday, June 1 the firm earned “Overweight” rating by Barclays Capital. On Wednesday, February 14 the firm has “Hold” rating by Boenning & Scattergood given. On Sunday, May 20 Evercore upgraded Sunstone Hotel Investors, Inc. (NYSE:SHO) rating. Evercore has “Hold” rating and $16.5000 target. On Friday, January 12 Robert W. Baird maintained Sunstone Hotel Investors, Inc. (NYSE:SHO) rating. Robert W. Baird has “Hold” rating and $18.0 target.

There’s a substantial Sunstone Hotel Investors, Inc. (NYSE:SHO) news published by Globenewswire.com. It’s an article titled: “Report: Developing Opportunities within American Homes 4 Rent, Invitation Home, Graphic Packaging Holding, Flotek …” on June 27, 2018.

Sunstone Hotel Investors, Inc. (NYSE:SHO) Institutional Investors Chart

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