BlackRock Amends Apple Hospitality REIT Stake (SC 13G/A)
Ticker: APLE · Form: SC 13G/A · Filed: Jan 22, 2024 · CIK: 1418121
| Field | Detail |
|---|---|
| Company | Apple Hospitality Reit, Inc. (APLE) |
| Form Type | SC 13G/A |
| Filed Date | Jan 22, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment, real-estate
TL;DR
**BlackRock updated its passive stake in Apple Hospitality REIT.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 22, 2024, indicating a change in its ownership stake in Apple Hospitality REIT, Inc. as of December 31, 2023. This filing, Amendment No. 7, updates BlackRock's passive investment position in the real estate investment trust. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in its confidence or strategy regarding Apple Hospitality REIT, Inc. stock.
Why It Matters
This filing shows BlackRock's updated passive ownership in Apple Hospitality REIT, Inc., which can influence market perception and potentially stock price due to the size and influence of BlackRock.
Risk Assessment
Risk Level: low — This is a routine update from a large institutional investor and does not inherently signal high risk, but rather a change in a passive holding.
Analyst Insight
Investors should note BlackRock's updated position as a large institutional holder, but without specific share count changes, this filing primarily serves as a routine disclosure of a passive investment update.
Key Players & Entities
- BlackRock Inc. (company) — the entity filing the SC 13G/A, reporting its ownership in Apple Hospitality REIT, Inc.
- Apple Hospitality REIT, Inc. (company) — the subject company whose securities are being reported on
- December 31, 2023 (date) — the date of the event which required the filing of this statement
- January 22, 2024 (date) — the date the SC 13G/A amendment was filed
- 03784Y200 (other) — the CUSIP number for Apple Hospitality REIT, Inc. Common Stock
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, specifically Amendment No. 7, as stated in the filing.
Who is the 'Name of Issuer' in this filing?
The 'Name of Issuer' is APPLE HOSPITALITY REIT, INC, as clearly stated under the 'SCHEDULE 13G' section.
What is the 'Title of Class of Securities' being reported?
The 'Title of Class of Securities' is Common Stock, as indicated in the filing.
What is the CUSIP Number for the securities mentioned?
The CUSIP Number is 03784Y200, as listed in the filing under the 'Title of Class of Securities'.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, as specified in the document.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 22, 2024 regarding Apple Hospitality REIT, Inc. (APLE).