GSA Capital Partners LLP Invests $727,000 in Chatham Lodging Trust (REIT) $CLDT

GSA Capital Partners LLP acquired a new stake in shares of Chatham Lodging Trust (REIT) (NYSE:CLDT) during the second quarter, HoldingsChannel reports. The institutional investor acquired 54,987 shares of the real estate investment trust’s stock, valued at approximately $727,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CLDT. Tower Research Capital LLC TRC raised its stake in Chatham Lodging Trust by 195.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,836 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 3,858 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Chatham Lodging Trust by 1,071.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 6,652 shares of the real estate investment trust’s stock worth $52,000 after purchasing an additional 6,084 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of Chatham Lodging Trust during the 3rd quarter worth about $52,000. Strs Ohio acquired a new stake in shares of Chatham Lodging Trust during the 1st quarter worth about $61,000. Finally, Quarry LP grew its holdings in shares of Chatham Lodging Trust by 61.9% during the third quarter. Quarry LP now owns 8,629 shares of the real estate investment trust’s stock worth $58,000 after buying an additional 3,300 shares in the last quarter. Hedge funds and other institutional investors own 88.37% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on CLDT. Stifel Nicolaus boosted their price objective on shares of Chatham Lodging Trust from $13.00 to $14.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Wall Street Zen upgraded shares of Chatham Lodging Trust from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $12.00 target price on shares of Chatham Lodging Trust in a research note on Friday, June 12th. Weiss Ratings upgraded Chatham Lodging Trust from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, August 6th. Finally, Alliance Global Partners reissued a “buy” rating on shares of Chatham Lodging Trust in a research note on Tuesday, August 4th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $13.00.

Chatham Lodging Trust Stock Up 2.4%

CLDT opened at $13.29 on Thursday. Chatham Lodging Trust has a 12 month low of $6.08 and a 12 month high of $13.88. The business has a 50-day moving average of $13.11 and a two-hundred day moving average of $10.25. 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 stock has a market capitalization of $620.19 million, a price-to-earnings ratio of 166.10 and a beta of 1.08.

Chatham Lodging Trust (NYSE:CLDT) last announced its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.13 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $82.01 million. Chatham Lodging Trust has set its FY 2026 guidance at 1.280-1.340 EPS. On average, research analysts expect that Chatham Lodging Trust will post 1.33 earnings per share for the current year.

Chatham Lodging Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.40 dividend on an annualized basis and a yield of 3.0%. Chatham Lodging Trust’s dividend payout ratio (DPR) is currently 500.00%.

About Chatham Lodging Trust

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.