Savant Capital LLC Purchases New Stake in Chatham Lodging Trust (REIT) $CLDT

Savant Capital LLC purchased a new stake in shares of Chatham Lodging Trust (REIT) (NYSE:CLDT) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 11,661 shares of the real estate investment trust’s stock, valued at approximately $81,000.

A number of other large investors have also added to or reduced their stakes in CLDT. State of Wyoming bought a new position in shares of Chatham Lodging Trust during the first quarter valued at about $47,000. Strs Ohio bought a new stake in shares of Chatham Lodging Trust in the first quarter worth about $61,000. Acadian Asset Management LLC purchased a new position in Chatham Lodging Trust during the 1st quarter valued at about $62,000. Quarry LP raised its position in Chatham Lodging Trust by 38.1% during the 1st quarter. Quarry LP now owns 10,341 shares of the real estate investment trust’s stock valued at $74,000 after purchasing an additional 2,854 shares during the last quarter. Finally, Nissay Asset Management Corp Japan ADV bought a new position in Chatham Lodging Trust during the 1st quarter valued at approximately $74,000. Institutional investors own 88.37% of the company’s stock.

Chatham Lodging Trust Trading Up 4.2%

Shares of CLDT opened at $6.67 on Friday. Chatham Lodging Trust has a 1-year low of $5.83 and a 1-year high of $10.00. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.27. The firm’s 50-day moving average price is $6.62 and its 200-day moving average price is $6.97. The firm has a market capitalization of $323.60 million, a price-to-earnings ratio of 222.33 and a beta of 1.44.

Chatham Lodging Trust (NYSE:CLDT) last released its quarterly earnings results on Wednesday, November 5th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.32. Chatham Lodging Trust had a net margin of 3.04% and a return on equity of 1.19%. The company had revenue of $78.41 million during the quarter, compared to the consensus estimate of $79.68 million. Chatham Lodging Trust has set its FY 2025 guidance at 0.960-0.990 EPS. Q4 2025 guidance at 0.140-0.17 EPS. Sell-side analysts anticipate that Chatham Lodging Trust will post 1.07 EPS for the current year.

Chatham Lodging Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were given a dividend of $0.09 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.36 annualized dividend and a dividend yield of 5.4%. Chatham Lodging Trust’s payout ratio is currently 3,600.00%.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Chatham Lodging Trust in a research report on Wednesday. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $10.75.

Chatham Lodging Trust Company 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.