Analyst Activity – Deutsche Bank Lowers Its Price Target On Summit Hotel Properties (NYSE:INN) to $16.00

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Analyst Ratings For Summit Hotel Properties (NYSE:INN)

Today, Deutsche Bank lowered its price target on Summit Hotel Properties (NYSE:INN) to $16.00 per share.

Some recent analyst ratings include

  • 11/20/2017-Janney Montgomery Scott was Downgraded by analysts at Janney Montgomery Scott from a “Buy ” rating to a ” Neutral” rating.
  • 10/30/2017-Raymond James Financial Upgrade from a “Market Perform ” rating to a ” Outperform” rating.
  • 9/8/2017-Robert W. Baird Reiterated Rating of Buy.
  • 8/14/2017-Bank of America was Downgraded by analysts at Bank of America from a “Buy ” rating to a ” Underperform” rating. They now have a $14.00 price target on the stock, up previously from $19.00 .

Dividend information for Summit Hotel Properties (NYSE:INN)

Summit Hotel Properties (NYSE:INN) pays an annual dividend of $0.72 with a yield of 5.23% and an average dividend growth of 13.50% based on a 3 Year Average..

Dividend History for Summit Hotel Properties (NYSE:INN)

  • On 2/6/2018 Summit Hotel Properties announced a quarterly dividend of $0.18 4.92% with an ex dividend date of 2/15/2018 which will be payable on 2/28/2018.
  • On 10/30/2017 Summit Hotel Properties announced a Quarterly dividend of $0.17 4.3% with an ex dividend date of 11/15/2017 which will be payable on 11/30/2017.
  • On 7/31/2017 Summit Hotel Properties announced a quarterly dividend of $0.17 3.79% with an ex dividend date of 8/14/2017 which will be payable on 8/31/2017.
  • On 5/1/2017 Summit Hotel Properties announced a quarterly dividend of $0.17 4.04% with an ex dividend date of 5/12/2017 which will be payable on 5/31/2017.
  • On 1/25/2017 Summit Hotel Properties announced a quarterly dividend of $0.16 4.03% with an ex dividend date of 2/10/2017 which will be payable on 2/28/2017.
  • On 11/1/2016 Summit Hotel Properties announced a quarterly dividend of $0.16 5.06% with an ex dividend date of 11/14/2016 which will be payable on 11/30/2016.
  • On 8/1/2016 Summit Hotel Properties announced a quarterly dividend of $0.13 3.76% with an ex dividend date of 8/12/2016 which will be payable on 8/31/2016.

Recent Insider Trading Activity For Summit Hotel Properties (NYSE:INN)
Summit Hotel Properties (NYSE:INN) has insider ownership of 1.71% and institutional ownership of 94.56%.

  • On 8/10/2017 Craig J Aniszewski, COO, bought 750 with an average share price of $15.52 per share and the total transaction amounting to $11,640.00.
  • On 8/9/2017 Daniel P Hansen, Chairman, bought 10,000 with an average share price of $15.60 per share and the total transaction amounting to $156,000.00.
  • On 8/14/2015 Greg A Dowell, CFO, sold 2,000 with an average share price of $12.21 per share and the total transaction amounting to $24,420.00.
  • On 8/12/2015 Daniel P Hansen, CEO, bought 10,000 with an average share price of $12.19 per share and the total transaction amounting to $121,900.00.
  • On 9/15/2014 Wayne Wielgus, Director, bought 2,000 with an average share price of $10.31 per share and the total transaction amounting to $20,620.00.
  • On 9/12/2014 Wayne Wielgus, Director, bought 8,000 with an average share price of $10.51 per share and the total transaction amounting to $84,080.00.
  • On 12/10/2013 Craig Aniszewski, COO, bought 1,190 with an average share price of $8.83 per share and the total transaction amounting to $10,507.70.

Recent Trading Activity for Summit Hotel Properties (NYSE:INN)
Shares of Summit Hotel Properties closed the previous trading session at 13.77 down -0.28 1.99% with 13.739999771118164 shares trading hands.