Quantinno Capital Management LP Buys 54,096 Shares of Chatham Lodging Trust (REIT) $CLDT

Quantinno Capital Management LP lifted its stake in Chatham Lodging Trust (REIT) (NYSE:CLDT) by 62.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 140,257 shares of the real estate investment trust’s stock after purchasing an additional 54,096 shares during the period. Quantinno Capital Management LP owned 0.30% of Chatham Lodging Trust worth $1,104,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of CLDT. Vanguard Group Inc. increased its position in shares of Chatham Lodging Trust by 0.4% during the third quarter. Vanguard Group Inc. now owns 5,105,021 shares of the real estate investment trust’s stock valued at $34,255,000 after buying an additional 21,541 shares during the period. Donald Smith & CO. Inc. lifted its holdings in Chatham Lodging Trust by 1.9% in the fourth quarter. Donald Smith & CO. Inc. now owns 4,684,548 shares of the real estate investment trust’s stock worth $31,902,000 after buying an additional 88,879 shares during the period. Sculptor Capital LP lifted its holdings in Chatham Lodging Trust by 10.6% in the fourth quarter. Sculptor Capital LP now owns 2,365,395 shares of the real estate investment trust’s stock worth $16,108,000 after buying an additional 227,500 shares during the period. Geode Capital Management LLC boosted its position in Chatham Lodging Trust by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 1,291,554 shares of the real estate investment trust’s stock valued at $8,797,000 after acquiring an additional 32,861 shares in the last quarter. Finally, AQR Capital Management LLC boosted its position in Chatham Lodging Trust by 23.4% during the 4th quarter. AQR Capital Management LLC now owns 1,075,565 shares of the real estate investment trust’s stock valued at $7,325,000 after acquiring an additional 204,290 shares in the last quarter. 88.37% of the stock is owned by hedge funds and other institutional investors.

Chatham Lodging Trust Trading Up 0.5%

NYSE:CLDT opened at $12.98 on Friday. Chatham Lodging Trust has a one year low of $6.08 and a one year high of $13.88. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.72 and a quick ratio of 0.72. The company’s 50-day simple moving average is $13.04 and its 200 day simple moving average is $10.10. The firm has a market capitalization of $605.91 million, a P/E ratio of 162.27 and a beta of 1.08.

Chatham Lodging Trust (NYSE:CLDT) last announced its earnings results on Tuesday, August 4th. The real estate investment trust reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. Chatham Lodging Trust had a net margin of 4.00% and a return on equity of 1.56%. The business had revenue of $87.80 million during the quarter, compared to the consensus estimate of $82.01 million. Chatham Lodging Trust has set its FY 2026 guidance at 1.280-1.340 EPS. As a group, analysts forecast that Chatham Lodging Trust will post 1.33 EPS for the current fiscal year.

Chatham Lodging Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Tuesday, June 30th. Chatham Lodging Trust’s dividend payout ratio (DPR) is 500.00%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Wall Street Zen upgraded Chatham Lodging Trust from a “hold” rating to a “buy” rating in a report on Saturday. Stifel Nicolaus lifted their price target on Chatham Lodging Trust from $13.00 to $14.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Zacks Research cut Chatham Lodging Trust from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. BMO Capital Markets reaffirmed a “market perform” rating and issued a $12.00 price target on shares of Chatham Lodging Trust in a research note on Friday, June 12th. Finally, Alliance Global Partners reiterated a “buy” rating on shares of Chatham Lodging Trust in a report on Tuesday, August 4th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $13.00.

Chatham Lodging Trust Profile

Chatham Lodging Trust is a self-advised, publicly traded real estate investment trust (REIT) focused primarily on investing in upscale, extended-stay hotels and premium-branded, select-service hotels. The company owns 39 hotels totaling 5,915 rooms/suites in 16 states and the District of Columbia.