The shares of Sunstone Hotel Investors, Inc. (NYSE:SHO) has been pegged with a rating of Equal Weight by Barclays in its latest research note that was published on December 18th, 2018. The research company has also assigned a $16 price target. Barclays wasn’t the only research firm that published a report of Sunstone Hotel Investors, Inc., with other equities research analysts also giving their opinion on the stock. Jefferies advised investors in its research note published on May 31st, 2018, to Hold the SHO stock while also putting a $17 price target. The stock had earned Outperform rating from Boenning & Scattergood when it published its report on February 21st, 2018. The stock was given Mkt Perform rating by Raymond James in its report released on January 8th, 2018. Wells Fargo was of a view that SHO is Market Perform in its latest report on December 19th, 2017. JP Morgan thinks that SHO is worth Underweight rating. This was contained in the firm’s report on November 16th, 2017.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 10 believe it has the potential for further growth, thus rating it as Hold while 0 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $14.77. The price of the stock the last time has raised by 15.43% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 47.80.
The shares of the company dipped by -0.27% during the trading session on Thursday, reaching a low of $14.49 while ending the day at $14.66. During the trading session, a total of 4.06 million shares were traded which represents a -66.96% decline from the average session volume which is 2.43M shares. SHO had ended its last session trading at 14.70. Sunstone Hotel Investors, Inc. currently has a market cap of $3.34B, while its P/E ratio stands at 14.07, while its P/E earnings growth sits at 2.88, with a beta of 1.23. Sunstone Hotel Investors, Inc. debt-to-equity ratio currently stands at 0.41, while its quick ratio hovers at 3.90. SHO 52-week low price stands at $12.70 while its 52-week high price is $17.60.
The company in its last quarterly report recorded $0.29 earnings per share which is above the $0.27 predicted by most analysts. The Sunstone Hotel Investors, Inc. generated $280.85 million in revenue during the last quarter, which is slightly higher than the $276.64 million predicted by analysts. In the second quarter last year, the firm recorded $0.30 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -3.45%. Sunstone Hotel Investors, Inc. has the potential to record 1.04 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Buckingham Research published a research note on January 23rd, 2019 where it informed investors and clients that Masco Corporation (NYSE:MAS) is now rated as Buy. Jefferies also rated MAS as Initiated on May 31st, 2018, with its price target of $44 suggesting that MAS could surge by 10.3% from its current share price. Even though the stock has been trading at $38.96/share, analysts expect it to surge higher by -0.13% to reach $43.38/share. It started the day trading at $39.22 and traded between $38.67 and $38.91 throughout the trading session.
A look at its technical shows that MAS’s 50-day SMA is 34.96 while its 200-day SMA stands at 35.21. At the moment, only of Masco Corporation shares were sold short. The company’s average trading volume currently stands at 4.21M shares, which means that the short-interest ratio is just 1.86 days. Over the past seven days, the company moved, with its shift of -0.15%. Looking further, the stock has raised 32.66% over the past 90 days while it gained 2.21% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more MAS shares, increasing its portfolio by +1.25% during the last quarter. This move now sees The Vanguard Group Inc purchasing 381,765 shares in the last quarter, thus it now holds 30,969,738 shares of MAS, with a total valuation of $1,163,223,359. BlackRock Fund Advisors meanwhile bought more MAS shares in the recently filed quarter, changing its stake to $582,336,513 worth of shares. SSgA Funds Management Inc followed the path by decreasing its MAS portfolio by -3.29% in the quarter. This means that SSgA Funds Management Inc sold -434,366 shares in the last quarter and now controls 12,752,569 shares of the MAS stock, with the valuation hitting $478,986,492.
Similarly, Capital Research Management Co decreased its Masco Corporation shares by -2.56% during the recently filed quarter. After selling -235,888 shares in the last quarter, the firm now controls 8,975,119 shares of Masco Corporation which are valued at $337,105,470. In the same vein, Boston Partners Global Investors decreased its Masco Corporation shares by during the most recent reported quarter. The firm sold -1,632,790 shares during the quarter which decreased its stakes to 8,469,613 shares and is now valued at $318,118,664. Following these latest developments, around 0.60% of Masco Corporation stocks are owned by institutional investors and hedge funds.