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Isthmus Partners LLC decreased its position in shares of Summit Hotel Properties, Inc. (NYSE:INN – Free Report) by 49.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 63,153 shares of the real estate investment trust’s stock after selling 60,954 shares during the quarter. […] ....
Summit Hotel Properties, Inc. (NYSE:INN – Get Rating) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totalling 3,210,000 shares, a decline of 9.1% from the April 15th total of 3,530,000 shares. Currently, 3.1% of the company’s stock are sold short. […] ....
Summit Hotel Properties (NYSE:INN – Get Rating) had its price objective lowered by Raymond James from $10.00 to $8.50 in a research report report published on Wednesday morning, Benzinga reports. Raymond James currently has an outperform rating on the real estate investment trust’s stock. Separately, Robert W. Baird cut Summit Hotel Properties from an outperform […] ....