Evercore ISI Upgrades Sunstone Hotel Investors’ Preferred Stock Outlook

On May 16, 2025, Evercore ISI Group upgraded their outlook for Sunstone Hotel Investors, Inc. – Preferred Stock (NYSE: SHO.PRI) from In-Line to Outperform.

Fund Sentiment Overview

Currently, there are 14 funds or institutions reporting stakes in Sunstone Hotel Investors, Inc. – Preferred Stock, a figure that remains unchanged from the previous quarter. The average portfolio weight for all funds designated to SHO.PRI is 0.38%, marking an increase of 9.72%. In the last three months, total shares held by institutions rose by 2.94%, reaching 1,207K shares.

Institutional Shareholders’ Activity

PFF – iShares Preferred and Income Securities ETF maintains 377K shares, showing no change since the last quarter.

FRIFX – Fidelity Real Estate Income Fund holds 240K shares, also unchanged from the previous quarter.

PFFA – Virtus InfraCap U.S. Preferred Stock ETF increased its holdings from 97K shares to 105K shares, reflecting a 7.33% rise. However, the firm decreased its overall portfolio allocation in SHO.PRI by 3.08% over the last quarter.

NRIAX – Nuveen Real Asset Income Fund saw an increase from 85K shares to 98K shares, representing a 12.42% growth. This firm also increased its allocation in SHO.PRI by 15.45% during the last quarter.

Griffin Institutional Access Real Estate Fund continues to hold 76K shares, with no changes reported in the last quarter.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.