SEC Form SC 13G/A filed by Diamondrock Hospitality Company (Amendment)

2/9/24 8:50:21 AM ET

Real Estate Investment Trusts

Real Estate

Get the next $DRH alert in real time by email

SC 13G/A 1 filing.txt SCHEDULE 13G Amendment No.8 DIAMONDROCK HOSPITALITY CO COMMON STOCK Cusip #252784301 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #252784301 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 14,885,256 Item 6: 0 Item 7: 14,894,967 Item 8: 0 Item 9: 14,894,967 Item 11: 7.105% Item 12: HC Cusip #252784301 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 14,894,967 Item 8: 0 Item 9: 14,894,967 Item 11: 7.105% Item 12: IN Item 1(a). Name of Issuer: DIAMONDROCK HOSPITALITY CO Item 1(b). Address of Issuer's Principal Executive Offices: 2 BETHESDA METRO CENTER, SUITE 1400 BETHESDA, MD 20817 USA Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 252784301 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 14,894,967 (b) Percent of Class: 7.105% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 14,894,967 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of DIAMONDROCK HOSPITALITY CO. No one other person's interest in the COMMON STOCK of DIAMONDROCK HOSPITALITY CO is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 8, 2024 Date /s/ Stephanie J. Brown Signature Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. Exhibit A Pursuant to the instructions in Item 7 of Schedule 13G, the following table lists the identity and Item 3 classification, if applicable, of each relevant entity that beneficially owns shares of the security class being reported on this Schedule 13G. Entity ITEM 3 Classification FIAM LLC IA Fidelity Management & Research Company LLC IA Strategic Advisers LLC IA Abigail P. Johnson is a Director, the Chairman and the Chief Executive Officer of FMR LLC. Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC. The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares. Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC. This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the "FMR Reporters"). This filing does not reflect securities, if any, beneficially owned by certain other companies whose beneficial ownership of securities is disaggregated from that of the FMR Reporters in accordance with Securities and Exchange Commission Release No. 34-39538 (January 12, 1998). RULE 13d-1(k)(1) AGREEMENT The undersigned persons, on February 8, 2024, agree and consent to the joint filing on their behalf of this Schedule 13G in connection with their beneficial ownership of the COMMON STOCK of DIAMONDROCK HOSPITALITY CO at December 29, 2023. FMR LLC By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* Abigail P. Johnson By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson** * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.

Get the next $DRH alert in real time by email

Recent Analyst Ratings for

$DRH

Date	Price Target	Rating	Analyst
1/13/2026	$12.00	Hold → Buy	Deutsche Bank
1/9/2026	$11.00	Hold → Buy	Truist
1/6/2026	$10.00	Equal Weight	Barclays
4/30/2025	$9.50	Underperform → Buy	BofA Securities
11/22/2024	$10.75 → $10.25	Buy → Hold	Stifel
11/15/2024	$10.50	Outperform → In-line	Evercore ISI
8/5/2024	$10.00	Neutral → Buy	Compass Point
1/10/2024	$11.00	Outperform	Wolfe Research

More analyst ratings

SEC Form SC 13G/A filed by Diamondrock Hospitality Company (Amendment)

2/9/24 8:50:21 AM ET

$DRH

Real Estate Investment Trusts

Real Estate

Get the next $DRH alert in real time by email

Recent Analyst Ratings for

$DRH

Date	Price Target	Rating	Analyst
1/13/2026	$12.00	Hold → Buy	Deutsche Bank
1/9/2026	$11.00	Hold → Buy	Truist
1/6/2026	$10.00	Equal Weight	Barclays
4/30/2025	$9.50	Underperform → Buy	BofA Securities
11/22/2024	$10.75 → $10.25	Buy → Hold	Stifel
11/15/2024	$10.50	Outperform → In-line	Evercore ISI
8/5/2024	$10.00	Neutral → Buy	Compass Point
1/10/2024	$11.00	Outperform	Wolfe Research

More analyst ratings

SEC Form SC 13G/A filed by Diamondrock Hospitality Company (Amendment)

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for
$DRH

SEC Form SC 13G/A filed by Diamondrock Hospitality Company (Amendment)

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for
$DRH

$DRH
SEC Filings

Diamondrock Hospitality Company filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits

SEC Form 25-NSE filed by Diamondrock Hospitality Company

Diamondrock Hospitality Company filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

$DRH
Press Releases

DIAMONDROCK HOSPITALITY ANNOUNCES RETIREMENT OF CHAIRMAN WILLIAM W. MCCARTEN

DIAMONDROCK HOSPITALITY COMPANY ANNOUNCES TAX TREATMENT OF 2025 DIVIDENDS

DIAMONDROCK HOSPITALITY ANNOUNCES FOURTH QUARTER 2025 EARNINGS RELEASE AND CONFERENCE CALL

$DRH
Insider Trading

SVP & General Counsel Fischer Anika covered exercise/tax liability with 2,107 shares, decreasing direct ownership by 5% to 36,250 units (SEC Form 4)

President & COO Leonard Justin L. was granted 44,393 shares and covered exercise/tax liability with 21,429 shares, increasing direct ownership by 16% to 170,505 units (SEC Form 4)

Director Wayton Kathleen was granted 14,493 shares, increasing direct ownership by 18% to 93,582 units (SEC Form 4)

$DRH
Analyst Ratings

Diamondrock Hospitality upgraded by Deutsche Bank with a new price target

Diamondrock Hospitality upgraded by Truist with a new price target

Barclays initiated coverage on Diamondrock Hospitality with a new price target

$DRH
Insider Purchases

Chief Executive Officer Donnelly Jeffrey bought $79,800 worth of shares (10,000 units at $7.98), increasing direct ownership by 2% to 672,894 units (SEC Form 4)

$DRH
Leadership Updates

DIAMONDROCK HOSPITALITY ANNOUNCES RETIREMENT OF CHAIRMAN WILLIAM W. MCCARTEN

DIAMONDROCK HOSPITALITY APPOINTS STEPHANIE LEPORI TO BOARD OF DIRECTORS

DiamondRock Hospitality Company Implements Leadership Changes and Simplified Organizational Structure

$DRH
Financials

DIAMONDROCK HOSPITALITY COMPANY ANNOUNCES TAX TREATMENT OF 2025 DIVIDENDS

DIAMONDROCK HOSPITALITY ANNOUNCES FOURTH QUARTER 2025 EARNINGS RELEASE AND CONFERENCE CALL

DIAMONDROCK HOSPITALITY DECLARES FOURTH QUARTER DIVIDEND

$DRH
Large Ownership Changes

Amendment: SEC Form SC 13G/A filed by Diamondrock Hospitality Company