Summit Hotel Properties, Inc. (INN) entered into a $650 million senior unsecured credit facility on June 29, 2026, replacing its prior credit agreement. The facility includes a $400 million revolving credit line, a $200 million term loan, and a $50 million delayed draw term loan, with maturities in 2030 and 2031. The filing also details financial covenants such as a maximum leverage ratio of 7.25x and a minimum fixed charge coverage ratio of 1.50x.
Who are the top institutional investors holding SUMMIT HOTEL PROPERTIES INC (INN)?
Major stakeholders currently include UBS Group AG ($56.9M), Long Pond Capital, LP ($41.5M), H/2 Credit Manager LP ($40.3M). Based on the latest 13F filings, there are a total of 185 tracked investment funds and institutions maintaining positions in INN.
What is the overall institutional sentiment toward INN recently?
Institutional sentiment appears Bearish (Net Selling). During the most recent reporting quarter, the stock experienced a net outflow of $56.6M, driven by 81 managers accumulating shares while 124 reduced their exposure.
Which institutions have been selling or reducing their INN positions?
In the latest period, 72 funds trimmed their holdings, and 52 managers completely exited their positions. The aggregate reported sell value was $226.8M.
Are there any notable investors adding INN to their portfolios?
Yes, buying activity remains notable. 30 institutions opened new positions in {ticker}, and 51 existing holders added to their shares. The total reported buy value for the quarter amounted to $178.4M.
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