Louisiana State Employees Retirement System Makes New $759,000 Investment in Sunstone Hotel Investors, Inc. $SHO

Posted by Geri Gentry on Jul 7th, 2026

Louisiana State Employees Retirement System purchased a new position in shares of Sunstone Hotel Investors, Inc. (NYSE:SHO – Free Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 84,200 shares of the real estate investment trust’s stock, valued at approximately $759,000.

Several other hedge funds have also bought and sold shares of SHO. Royal Bank of Canada increased its position in shares of Sunstone Hotel Investors by 13.9% during the first quarter. Royal Bank of Canada now owns 69,862 shares of the real estate investment trust’s stock worth $658,000 after acquiring an additional 8,504 shares in the last quarter. AQR Capital Management LLC grew its holdings in Sunstone Hotel Investors by 1.6% during the first quarter. AQR Capital Management LLC now owns 83,864 shares of the real estate investment trust’s stock valued at $789,000 after purchasing an additional 1,307 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Sunstone Hotel Investors by 3.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 119,358 shares of the real estate investment trust’s stock worth $1,123,000 after purchasing an additional 3,607 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Sunstone Hotel Investors by 132.6% in the first quarter. Goldman Sachs Group Inc. now owns 2,787,519 shares of the real estate investment trust’s stock worth $26,231,000 after buying an additional 1,589,258 shares in the last quarter. Finally, United Services Automobile Association bought a new stake in Sunstone Hotel Investors during the first quarter valued at $120,000. Institutional investors and hedge funds own 99.37% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on SHO shares. Wells Fargo & Company raised their price target on Sunstone Hotel Investors from $12.00 to $13.00 and gave the company an “overweight” rating in a research report on Wednesday, June 24th. Citigroup boosted their price objective on shares of Sunstone Hotel Investors from $9.50 to $10.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. LADENBURG THALM/SH SH began coverage on Sunstone Hotel Investors in a research note on Thursday, March 26th. They set a “hold” rating and a $10.00 target price on the stock. Zacks Research raised shares of Sunstone Hotel Investors from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 18th. Finally, Truist Financial lifted their target price on shares of Sunstone Hotel Investors from $10.00 to $11.00 and gave the company a “hold” rating in a research note on Thursday, March 26th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Sunstone Hotel Investors presently has a consensus rating of “Moderate Buy” and a consensus target price of $10.83.

Check Out Our Latest Report on Sunstone Hotel Investors

Insider Buying and Selling

In other Sunstone Hotel Investors news, insider Robert C. Springer sold 89,631 shares of the stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $11.62, for a total transaction of $1,041,512.22. Following the completion of the sale, the insider directly owned 573,743 shares of the company’s stock, valued at $6,666,893.66. This trade represents a 13.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.40% of the stock is currently owned by corporate insiders.

Sunstone Hotel Investors Stock Down 0.6%

Sunstone Hotel Investors stock traded down $0.07 on Tuesday, hitting $11.12. 38,767 shares of the stock traded hands, compared to its average volume of 2,135,935. Sunstone Hotel Investors, Inc. has a 1 year low of $8.48 and a 1 year high of $12.07. The firm has a market cap of $2.07 billion, a P/E ratio of 100.75, a price-to-earnings-growth ratio of 2.55 and a beta of 0.97. The company has a current ratio of 3.42, a quick ratio of 3.42 and a debt-to-equity ratio of 0.58. The business’s fifty day simple moving average is $10.96 and its 200 day simple moving average is $9.83.

Sunstone Hotel Investors (NYSE:SHO – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.05. Sunstone Hotel Investors had a net margin of 3.84% and a return on equity of 2.27%. The company had revenue of $259.71 million during the quarter, compared to analyst estimates of $244.29 million. During the same period last year, the business earned $0.21 EPS. Sunstone Hotel Investors’s quarterly revenue was up 10.9% compared to the same quarter last year. Sunstone Hotel Investors has set its FY 2026 guidance at 0.880-0.960 EPS. As a group, sell-side analysts forecast that Sunstone Hotel Investors, Inc. will post 0.91 earnings per share for the current year.

Sunstone Hotel Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Tuesday, June 30th. Sunstone Hotel Investors’s dividend payout ratio is presently 327.27%.

About Sunstone Hotel Investors

(Free Report)

Sunstone Hotel Investors, Inc (NYSE:SHO) is a publicly traded real estate investment trust (REIT) focused on acquiring, owning and asset‐managing upper‐upscale extended‐stay and premium‐branded hotel properties in the United States. The company’s business model centers on generating stable, long‐term cash flows through franchise agreements and third‐party management contracts with established hotel operators.

As of the most recent reporting period, Sunstone’s portfolio includes approximately 97 hotels and nearly 25,000 guest rooms across 19 states, with concentrations in major metropolitan and select high‐growth secondary markets.