Intech Investment Management LLC Increases Position in Summit Hotel Properties, Inc. $INN

Posted by Stanley Muller on Jun 8th, 2026

Intech Investment Management LLC lifted its position in shares of Summit Hotel Properties, Inc. (NYSE:INN – Free Report) by 102.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 180,884 shares of the real estate investment trust’s stock after buying an additional 91,335 shares during the quarter. Intech Investment Management LLC’s holdings in Summit Hotel Properties were worth $881,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Quarry LP purchased a new position in Summit Hotel Properties during the third quarter worth approximately $35,000. BNP Paribas Financial Markets raised its stake in Summit Hotel Properties by 53.6% during the second quarter. BNP Paribas Financial Markets now owns 10,807 shares of the real estate investment trust’s stock worth $55,000 after purchasing an additional 3,773 shares during the period. Tower Research Capital LLC TRC raised its stake in Summit Hotel Properties by 148.1% during the second quarter. Tower Research Capital LLC TRC now owns 10,793 shares of the real estate investment trust’s stock worth $55,000 after purchasing an additional 6,442 shares during the period. M&T Bank Corp purchased a new position in Summit Hotel Properties during the fourth quarter worth approximately $58,000. Finally, CIBC Bancorp USA Inc. purchased a new position in Summit Hotel Properties during the third quarter worth approximately $64,000. Hedge funds and other institutional investors own 96.47% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Weiss Ratings raised shares of Summit Hotel Properties from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, May 29th. Wall Street Zen raised shares of Summit Hotel Properties from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, Zacks Research raised shares of Summit Hotel Properties from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $5.00.

View Our Latest Analysis on INN

Summit Hotel Properties Price Performance

Summit Hotel Properties stock opened at $5.75 on Monday. Summit Hotel Properties, Inc. has a 52-week low of $3.97 and a 52-week high of $6.04. The firm has a fifty day moving average of $5.09 and a 200-day moving average of $4.84. The firm has a market capitalization of $622.53 million, a P/E ratio of -19.81 and a beta of 1.29. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.16.

Summit Hotel Properties (NYSE:INN – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported ($0.10) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.02. The business had revenue of $185.05 million during the quarter, compared to analyst estimates of $180.51 million. Summit Hotel Properties had a negative net margin of 1.75% and a negative return on equity of 1.03%. Summit Hotel Properties has set its FY 2026 guidance at 0.750-0.850 EPS. As a group, analysts predict that Summit Hotel Properties, Inc. will post 0.72 EPS for the current year.

Summit Hotel Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend was Friday, May 15th. Summit Hotel Properties’s dividend payout ratio (DPR) is presently -110.34%.

Summit Hotel Properties Company Profile

(Free Report)

Summit Hotel Properties is a real estate investment trust (REIT) that acquires, owns and operates branded select-service hotels and extended-stay properties across the United States. The company focuses on upper-midscale and upscale lodging segments, targeting established national brands to combine the operational efficiencies of limited-service properties with strong franchise affiliation.

The company’s portfolio comprises over thirty hotels carrying well-known flags such as Marriott, Hilton, Hyatt and IHG.