Wells Fargo Upgrades Sunstone Hotel Investors, Inc. - Preferred Stock (SHO.PRI)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 14 2024
0mins
Should l Buy ?
Source: NASDAQ.COM
Wells Fargo Upgrade: On September 13, 2024, Wells Fargo upgraded Sunstone Hotel Investors, Inc. - Preferred Stock from Underweight to Equal-Weight, amidst a decrease in institutional ownership by 12.50% over the last quarter.
Institutional Shareholder Activity: Various funds reported changes in their holdings of SHO.PRI, with PFF and Griffin Institutional Access Real Estate Fund both adjusting their shares, while Fidelity Real Estate Income Fund and Nuveen Real Asset Income Fund maintained their positions.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
