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Sunstone Hotel Invs New (SHO) Holder Clarivest Asset Management Cut Position; As Icici Bk LTD (IBN) Market Valuation Declined, Shareholder Jhl Capital Group Increased Its Stake

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Clarivest Asset Management Llc decreased its stake in Sunstone Hotel Invs Inc New (SHO) by 22.8% based on its latest 2017Q4 regulatory filing with the SEC. Clarivest Asset Management Llc sold 44,800 shares as the company’s stock declined 14.42% with the market. The institutional investor held 151,700 shares of the consumer services company at the end of 2017Q4, valued at $2.51M, down from 196,500 at the end of the previous reported quarter. Clarivest Asset Management Llc who had been investing in Sunstone Hotel Invs Inc New for a number of months, seems to be less bullish one the $3.51B market cap company. The stock increased 0.62% or $0.095 during the last trading session, reaching $15.545. About 1.55 million shares traded. Sunstone Hotel Investors, Inc. (NYSE:SHO) has declined 0.75% since April 16, 2017 and is downtrending. It has underperformed by 12.30% the S&P500.

James H. Litinsky increased its stake in Icici Bk Ltd (IBN) by 78.75% based on its latest 2017Q4 regulatory filing with the SEC. Jhl Capital Group Llc bought 3.15M shares as the company’s stock declined 11.13% with the market. The hedge fund run by James H. Litinsky held 7.15M shares of the commercial banks company at the end of 2017Q4, valued at $69.57M, up from 4.00M at the end of the previous reported quarter. Jhl Capital Group Llc who had been investing in Icici Bk Ltd for a number of months, seems to be bullish on the $28.36 billion market cap company. The stock decreased 0.34% or $0.03 during the last trading session, reaching $8.72. About 3.73 million shares traded. ICICI Bank Limited (NYSE:IBN) has risen 12.06% since April 16, 2017 and is uptrending. It has outperformed by 0.51% the S&P500.

Jhl Capital Group Llc, which manages about $2.26 billion and $228.66 million US Long portfolio, decreased its stake in Zayo Group Hldgs Inc (NYSE:ZAYO) by 500,000 shares to 900,000 shares, valued at $33.12M in 2017Q4, according to the filing.

Among 7 analysts covering ICICI Bank (NYSE:IBN), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. ICICI Bank had 11 analyst reports since August 19, 2015 according to SRatingsIntel. The company was upgraded on Friday, October 21 by UBS. The rating was downgraded by Goldman Sachs to “Neutral” on Tuesday, May 3. The rating was upgraded by Credit Suisse on Thursday, April 21 to “Outperform”. The stock has “Hold” rating by Zacks on Thursday, September 3. The company was upgraded on Tuesday, August 25 by Zacks. Morgan Stanley initiated it with “Buy” rating and $15.0 target in Tuesday, January 16 report. On Wednesday, August 19 the stock rating was upgraded by Zacks to “Sell”. The firm has “Buy” rating given on Monday, September 14 by Goldman Sachs. The stock of ICICI Bank Limited (NYSE:IBN) has “Hold” rating given on Wednesday, August 26 by Standpoint Research. As per Monday, October 24, the company rating was upgraded by Goldman Sachs.

Among 19 analysts covering Sunstone Hotel Investors Inc (NYSE:SHO), 4 have Buy rating, 3 Sell and 12 Hold. Therefore 21% are positive. Sunstone Hotel Investors Inc had 45 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Friday, March 3 by Bank of America. Canaccord Genuity maintained the stock with “Hold” rating in Wednesday, February 24 report. The rating was maintained by Credit Suisse on Wednesday, March 23 with “Outperform”. Robert W. Baird maintained Sunstone Hotel Investors, Inc. (NYSE:SHO) on Wednesday, September 20 with “Hold” rating. The rating was maintained by Boenning & Scattergood with “Hold” on Wednesday, February 14. The firm has “Hold” rating given on Monday, March 21 by Evercore. The stock has “Underweight” rating by JP Morgan on Thursday, November 16. The stock has “Hold” rating by Robert W. Baird on Monday, October 23. The rating was downgraded by Robert W. Baird on Wednesday, January 11 to “Neutral”. JP Morgan maintained the shares of SHO in report on Wednesday, November 1 with “Neutral” rating.

Analysts await Sunstone Hotel Investors, Inc. (NYSE:SHO) to report earnings on May, 1. They expect $0.19 earnings per share, down 20.83% or $0.05 from last year’s $0.24 per share. SHO’s profit will be $42.86M for 20.45 P/E if the $0.19 EPS becomes a reality. After $0.28 actual earnings per share reported by Sunstone Hotel Investors, Inc. for the previous quarter, Wall Street now forecasts -32.14% negative EPS growth.

Investors sentiment decreased to 1.07 in 2017 Q4. Its down 0.51, from 1.58 in 2017Q3. It turned negative, as 27 investors sold SHO shares while 63 reduced holdings. 32 funds opened positions while 64 raised stakes. 248.82 million shares or 1.33% more from 245.55 million shares in 2017Q3 were reported. Albert D Mason holds 13,417 shares. Smith Asset Mgmt Lp invested in 34,560 shares or 0% of the stock. Foundry Prns Limited Liability Com holds 0.07% of its portfolio in Sunstone Hotel Investors, Inc. (NYSE:SHO) for 99,404 shares. Quantitative Invest Mngmt Ltd Llc invested in 0.01% or 37,000 shares. Echo Street Cap Limited Com stated it has 0.2% in Sunstone Hotel Investors, Inc. (NYSE:SHO). Parametric Portfolio Associates Limited Liability Company owns 483,612 shares for 0.01% of their portfolio. Barclays Public Lc reported 0.01% in Sunstone Hotel Investors, Inc. (NYSE:SHO). Lourd Cap Limited Co owns 12,351 shares. 260,636 are held by Jacobs Levy Equity Mngmt. Envestnet Asset holds 0% or 8,946 shares. Alliancebernstein LP holds 0.01% of its portfolio in Sunstone Hotel Investors, Inc. (NYSE:SHO) for 614,566 shares. Voloridge Invest Mgmt Lc accumulated 0.04% or 100,528 shares. New York-based Rothschild Asset Management has invested 0.13% in Sunstone Hotel Investors, Inc. (NYSE:SHO). California Pub Employees Retirement System invested in 688,364 shares. Ellington Mngmt Gp Limited Liability Com holds 0.03% or 10,700 shares in its portfolio.

Clarivest Asset Management Llc, which manages about $3.41 billion and $5.82 billion US Long portfolio, upped its stake in Constellation Brands Inc (NYSE:STZ) by 37,753 shares to 189,155 shares, valued at $43.24M in 2017Q4, according to the filing. It also increased its holding in Progress Software Corp (NASDAQ:PRGS) by 56,389 shares in the quarter, for a total of 179,711 shares, and has risen its stake in Unitedhealth Group Inc (NYSE:UNH).

Sunstone Hotel Investors, Inc. (NYSE:SHO) Institutional Positions Chart

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