FMR LLC (NYSE: WH) discloses 1.8% Hotels & Resorts Inc stake in 13G/A
Rhea-AI Filing Summary
FMR LLC and Abigail P. Johnson report beneficial ownership of 1,328,021.07 shares of Hotels & Resorts Inc common stock, representing 1.8% of the outstanding class. FMR has sole voting power over 1,306,632.18 shares and sole dispositive power over 1,328,021.07 shares.
The filing confirms that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the company. The report also notes that one or more other persons may receive dividends or sale proceeds, but no other person holds more than 5% of the common stock.
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FAQ
What ownership stake does FMR LLC report in WH (Hotels & Resorts Inc)?
FMR LLC reports beneficial ownership of 1,328,021.07 shares of Hotels & Resorts Inc common stock, representing 1.8% of the outstanding class. FMR holds sole voting power over 1,306,632.18 shares and sole dispositive power over 1,328,021.07 shares.
Who are the reporting persons in the WH Schedule 13G/A filing?
The Schedule 13G/A lists FMR LLC and Abigail P. Johnson as reporting persons for their beneficial ownership in Hotels & Resorts Inc. Johnson is reported with sole dispositive power over 1,328,021.07 shares, representing 1.8% of the company’s common stock.
Does FMR LLC intend to influence control of WH according to this filing?
The filing certifies that the securities were acquired and are held in the ordinary course of business and are not held for the purpose or effect of changing or influencing control of Hotels & Resorts Inc, consistent with a passive investment under Schedule 13G.