BlackRock, Inc. Reduces Stake in Braemar Hotels & Resorts Inc.

BlackRock, Inc. has filed a Schedule 13G/A amendment with the SEC, disclosing a reduction in its stake in Braemar Hotels & Resorts Inc. As of September 30, 2025, BlackRock owns 4,450,138 shares, representing a 6.5% ownership in the company. This marks a significant decrease from its previous holdings, with a reduction of 4,385,822 shares, or 49.64%, and a decrease in value by $9,899,738.68, or 45.73%. The filing indicates that BlackRock's shares were acquired and are held in the ordinary course of business and not for the purpose of influencing the control of the issuer. The amendment also includes certifications and exhibits, such as a Power of Attorney and details on subsidiary identification and classification.