Trust Point Inc. Sells 36,091 Shares of Sunstone Hotel Investors, Inc. (NYSE:SHO)

Market Beat
2025.02.07 08:40
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Trust Point Inc. reduced its stake in Sunstone Hotel Investors, Inc. (NYSE:SHO) by 66.8% in Q4, selling 36,091 shares, leaving it with 17,931 shares valued at $212,000. Other hedge funds adjusted their positions, with GAMMA Investing LLC increasing its stake by 114.1%. Analyst ratings for SHO vary, with an average target price of $11.86. The stock opened at $11.21, with a 12-month range of $9.39 to $12.41. Sunstone reported Q4 earnings of $0.18 EPS, missing estimates, and announced a quarterly dividend of $0.09.