UBS reports 8.08% stake in Summit Hotel Properties
Summit Hotel Properties, Inc. is reported to have a significant shareholder, UBS Group AG and certain wholly owned subsidiaries, which collectively report beneficial ownership of 8,757,861 shares of common stock.
Rhea-AI Filing Summary
Summit Hotel Properties, Inc. is reported to have a significant shareholder, UBS Group AG and certain wholly owned subsidiaries, which collectively report beneficial ownership of 8,757,861 shares of common stock. This represents 8.08% of the company’s common stock.
UBS Group reports no sole voting or dispositive power over these shares. Instead, it reports shared voting power over 8,753,313 shares and shared dispositive power over 8,757,861 shares, reflecting holdings spread across entities including UBS Financial Services Inc., UBS Securities LLC, UBS AG London Branch and UBS Switzerland AG.
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Key Figures
Key Terms
Schedule 13G regulatory
beneficially owned financial
parent holding company regulatory
FAQ
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What percentage of Summit Hotel Properties (INN) does UBS Group report owning?
Which UBS subsidiaries are involved in the Summit Hotel Properties (INN) position?
What class of Summit Hotel Properties (INN) security is reported in this Schedule 13G?
AI-generated analysis. How Rhea-AI works. Not financial advice.