Russell Investments Group Ltd. Lowers Holdings in Summit Resort Properties, Inc. (NYSE:INN)

Summit Hotel Properties logoRussell Investments Group Ltd. lowered its stake in shares of Summit Resort Properties, Inc. (NYSE:INN – Get Score) by 17.3% within the first quarter, Holdings Channel experiences. The institutional investor owned 267,434 shares of the true property funding belief’s inventory after promoting 55,882 shares throughout the interval. Russell Investments Group Ltd.’s holdings in Summit Resort Properties had been value $2,663,000 as of its most up-to-date SEC submitting.

Quite a few different hedge funds additionally lately purchased and offered shares of the inventory. Rhumbline Advisers lifted its holdings in Summit Resort Properties by 0.3% throughout the fourth quarter. Rhumbline Advisers now owns 337,111 shares of the true property funding belief’s inventory value $3,290,000 after shopping for an extra 1,077 shares throughout the interval. abrdn plc lifted its holdings in Summit Resort Properties by 6.1% throughout the fourth quarter. abrdn plc now owns 22,292 shares of the true property funding belief’s inventory value $218,000 after shopping for an extra 1,276 shares throughout the interval. Natixis Advisors LP lifted its holdings in Summit Resort Properties by 2.4% throughout the fourth quarter. Natixis Advisors LP now owns 60,440 shares of the true property funding belief’s inventory value $590,000 after shopping for an extra 1,409 shares throughout the interval. Advisor Companions LLC lifted its holdings in Summit Resort Properties by 7.7% throughout the fourth quarter. Advisor Companions LLC now owns 20,627 shares of the true property funding belief’s inventory value $202,000 after shopping for an extra 1,480 shares throughout the interval. Lastly, First Belief Advisors LP lifted its holdings in Summit Resort Properties by 7.7% throughout the fourth quarter. First Belief Advisors LP now owns 21,233 shares of the true property funding belief’s inventory value $207,000 after shopping for an extra 1,527 shares throughout the interval. Hedge funds and different institutional buyers personal 99.19% of the corporate’s inventory.

Summit Resort Properties Inventory Efficiency

Shares of INN opened at $8.88 on Monday. Summit Resort Properties, Inc. has a 12 month low of $6.70 and a 12 month excessive of $10.94. The inventory has a fifty day shifting common worth of $7.73 and a 200-day shifting common worth of $8.90. The corporate has a present ratio of 1.77, a fast ratio of 1.77 and a debt-to-equity ratio of 1.06. The agency has a market cap of $949.26 million, a PE ratio of -29.60 and a beta of 1.98.

Summit Resort Properties Publicizes Dividend

The agency additionally lately disclosed a — dividend, which can be paid on Wednesday, August thirty first. Stockholders of report on Wednesday, August seventeenth can be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Tuesday, August sixteenth.

Wall Avenue Analyst Weigh In

Individually, TheStreet lowered Summit Resort Properties from a “c-” score to a “d+” score in a report on Wednesday, July thirteenth.

About Summit Resort Properties

(Get Score)

Summit Resort Properties, Inc is a publicly traded actual property funding belief targeted on proudly owning premium-branded motels with environment friendly working fashions primarily within the Upscale phase of the lodging trade. As of November 3, 2020, the Firm’s portfolio consists of 72 motels, 67 of that are wholly owned, with a complete of 11,288 guestrooms positioned in 23 states.

Featured Tales

Need to see what different hedge funds are holding INN? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Summit Resort Properties, Inc. (NYSE:INN – Get Score).

Institutional Ownership by Quarter for Summit Hotel Properties (NYSE:INN)

Need Extra Nice Investing Concepts?

Obtain Information & Rankings for Summit Resort Properties Each day – Enter your electronic mail tackle beneath to obtain a concise day by day abstract of the most recent information and analysts’ scores for Summit Resort Properties and associated firms with MarketBeat.com’s FREE day by day electronic mail publication.

Similar Posts