GSA Capital Partners LLP Sells 212,468 Shares of Chatham Lodging Trust (REIT) $CLDT

GSA Capital Partners LLP lowered its stake in Chatham Lodging Trust (REIT) (NYSE:CLDT) by 55.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 173,380 shares of the real estate investment trust’s stock after selling 212,468 shares during the period. GSA Capital Partners LLP owned approximately 0.36% of Chatham Lodging Trust worth $1,181,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. AlphaQuest LLC increased its position in shares of Chatham Lodging Trust by 1,617.3% in the third quarter. AlphaQuest LLC now owns 84,576 shares of the real estate investment trust’s stock worth $568,000 after purchasing an additional 79,651 shares during the period. Evergreen Capital Management LLC bought a new position in shares of Chatham Lodging Trust in the fourth quarter worth $127,000. Copeland Capital Management LLC bought a new position in shares of Chatham Lodging Trust in the fourth quarter worth $70,000. Wealth Enhancement Advisory Services LLC increased its position in shares of Chatham Lodging Trust by 19.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 27,759 shares of the real estate investment trust’s stock worth $193,000 after purchasing an additional 4,480 shares during the period. Finally, Tudor Investment Corp ET AL increased its position in shares of Chatham Lodging Trust by 9.6% in the third quarter. Tudor Investment Corp ET AL now owns 218,975 shares of the real estate investment trust’s stock worth $1,469,000 after purchasing an additional 19,132 shares during the period. Institutional investors own 88.37% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on CLDT. Alliance Global Partners restated a “buy” rating on shares of Chatham Lodging Trust in a research report on Friday, May 8th. Weiss Ratings cut Chatham Lodging Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. Zacks Research cut Chatham Lodging Trust from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Finally, Stifel Nicolaus lifted their target price on Chatham Lodging Trust from $10.00 to $11.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $11.00.

Chatham Lodging Trust Stock Performance

Chatham Lodging Trust stock opened at $10.65 on Thursday. Chatham Lodging Trust has a 12-month low of $6.08 and a 12-month high of $10.67. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.30. The business’s 50-day moving average price is $8.57 and its two-hundred day moving average price is $7.58. The stock has a market cap of $497.10 million, a PE ratio of 532.45 and a beta of 1.05.

Chatham Lodging Trust (NYSE:CLDT) last released its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.11). Chatham Lodging Trust had a net margin of 3.14% and a return on equity of 1.18%. The business had revenue of $67.74 million during the quarter, compared to the consensus estimate of $67.22 million. Chatham Lodging Trust has set its FY 2026 guidance at 1.040-1.140 EPS. As a group, analysts expect that Chatham Lodging Trust will post 1.27 earnings per share for the current fiscal year.

Chatham Lodging Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a $0.10 dividend. This is a boost from Chatham Lodging Trust’s previous quarterly dividend of $0.09. This represents a $0.40 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Tuesday, March 31st. Chatham Lodging Trust’s dividend payout ratio (DPR) is presently 2,000.00%.

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.