Evercore ISI Upgrades Outlook for Sunstone Hotel Investors
Fintel reports that on May 16, 2025, Evercore ISI Group adjusted their outlook for Sunstone Hotel Investors, Inc. – Preferred Stock (NYSE:SHO.PRH) from In-Line to Outperform.
Fund Sentiment Analysis
Currently, 20 funds or institutions are reporting positions in Sunstone Hotel Investors, Inc. – Preferred Stock, which shows no change from the previous quarter. The average portfolio weight for these funds allocated to SHO.PRH stands at 0.37%, reflecting a significant increase of 9.51%. Additionally, total institutional ownership rose by 1.52% in the last three months, reaching 1,722K shares.
Institutional Shareholder Movements
PFF – iShares Preferred and Income Securities ETF holds 414K shares, up from 411K shares previously, indicating an increase of 0.76%. This fund also raised its allocation in SHO.PRH by 6.89% over the past quarter.
Cbre Clarion Global Real Estate Income Fund maintains its position with 265K shares, reporting no change from the last quarter.
FRIFX – Fidelity Real Estate Income Fund holds a steady 180K shares without any changes.
KIFYX – Westwood Salient Select Income Fund Institutional Shares also remains unchanged, holding 167K shares.
Lastly, Griffin Institutional Access Real Estate Fund has 154K shares, showing no variation from the prior quarter.
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.