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Things appear to be looking up for Sunstone Hotel Investors Inc (SHO)

Sunstone Hotel Investors Inc (NYSE: SHO) is -5.41% lower on its value in year-to-date trading and has touched a low of $8.84 and a high of $11.59 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SHO stock was last observed hovering at around $10.04 in the last trading session, with the day’s gains setting it 0.11%.

Currently trading at $10.15, the stock is 0.28% and -0.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.69 million and changing 1.10% at the moment leaves the stock -3.14% off its SMA200. SHO registered 12.64% gain for a year compared to 6-month loss of -8.31%.

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The stock witnessed a 4.00% gain in the last 1 month and extending the period to 3 months gives it a 0.20%, and is 2.63% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.79% over the week and 1.90% over the month.

Sunstone Hotel Investors Inc (SHO) has around 40 employees, a market worth around $2.06B and $931.57M in sales. Current P/E ratio is 12.39 and Fwd P/E is 35.75. Profit margin for the company is 18.00%. Distance from 52-week low is 14.80% and -12.42% from its 52-week high. The company has generated returns on investments over the last 12 months (5.60%).

The EPS is expected to shrink by -75.31% this year.

Sunstone Hotel Investors Inc (SHO) Top Institutional Holders

361.0 institutions hold shares in Sunstone Hotel Investors Inc (SHO), with institutional investors hold 102.14% of the company’s shares. The shares outstanding are 203.48M, and float is at 201.04M with Short Float at 7.64%. Institutions hold 100.99% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 37.32 million shares valued at $390.38 million. The investor’s holdings represent 18.4184% of the SHO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 31.65 million shares valued at $331.06 million to account for 15.6198 of the shares outstanding. The other top investors are STATE STREET CORP which holds 12.03 million shares representing 5.9371% and valued at over $126.9 million, while RUSH ISLAND MANAGEMENT, LP holds 4.7692 of the shares totaling 9.66 million with a market value of $101.09 million.

Sunstone Hotel Investors Inc (SHO) Insider Activity

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