Fox Run Management L.L.C. bought a new stake in Chesapeake Lodging Trust (NYSE:CHSP) in the fourth quarter, Holdings Channel reports. The institutional investor bought 32,358 shares of the real estate investment trust’s stock, valued at approximately $877,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of CHSP. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Chesapeake Lodging Trust by 9.0% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,843 shares of the real estate investment trust’s stock worth $119,000 after buying an additional 399 shares during the last quarter. Invictus RG acquired a new stake in shares of Chesapeake Lodging Trust in the third quarter worth $139,000. Flinton Capital Management LLC lifted its stake in shares of Chesapeake Lodging Trust by 78.4% in the second quarter. Flinton Capital Management LLC now owns 5,796 shares of the real estate investment trust’s stock worth $142,000 after buying an additional 2,548 shares during the last quarter. FNY Managed Accounts LLC acquired a new stake in shares of Chesapeake Lodging Trust in the third quarter worth $161,000. Finally, SG Americas Securities LLC lifted its stake in shares of Chesapeake Lodging Trust by 5.1% in the second quarter. SG Americas Securities LLC now owns 6,666 shares of the real estate investment trust’s stock worth $163,000 after buying an additional 325 shares during the last quarter. Hedge funds and other institutional investors own 99.83% of the company’s stock.

In related news, Director Jeffrey D. Nuechterlein sold 6,000 shares of the business’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $28.68, for a total transaction of $172,080.00. Following the transaction, the director now owns 19,485 shares of the company’s stock, valued at $558,829.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 2.20% of the company’s stock.

A number of analysts have recently weighed in on CHSP shares. Royal Bank of Canada restated a “hold” rating and issued a $25.00 price objective on shares of Chesapeake Lodging Trust in a research note on Friday, September 22nd. KeyCorp restated a “hold” rating on shares of Chesapeake Lodging Trust in a research note on Sunday, September 24th. Janney Montgomery Scott upgraded shares of Chesapeake Lodging Trust from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $25.00 to $32.00 in a research note on Wednesday, September 27th. BidaskClub upgraded shares of Chesapeake Lodging Trust from a “buy” rating to a “strong-buy” rating in a research note on Thursday, September 28th. Finally, Robert W. Baird set a $27.00 price objective on shares of Chesapeake Lodging Trust and gave the stock a “buy” rating in a research note on Sunday, October 1st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $27.17.

Shares of Chesapeake Lodging Trust (NYSE CHSP) opened at $27.43 on Friday. Chesapeake Lodging Trust has a one year low of $22.55 and a one year high of $29.36. The firm has a market cap of $1,687.43, a price-to-earnings ratio of 33.86, a PEG ratio of 2.36 and a beta of 1.10. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.56 and a quick ratio of 1.56.

Chesapeake Lodging Trust (NYSE:CHSP) last announced its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.64 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.65 by ($0.01). Chesapeake Lodging Trust had a return on equity of 5.11% and a net margin of 9.71%. The company had revenue of $158.28 million for the quarter, compared to the consensus estimate of $159.18 million. During the same period last year, the firm posted $0.71 EPS. The company’s revenue was down 3.8% compared to the same quarter last year. research analysts anticipate that Chesapeake Lodging Trust will post 2.19 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, January 12th. Investors of record on Friday, December 29th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 5.83%. The ex-dividend date was Thursday, December 28th. Chesapeake Lodging Trust’s dividend payout ratio (DPR) is currently 197.53%.

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Chesapeake Lodging Trust Company Profile

Chesapeake Lodging Trust is a real estate investment trust. The Company is focused on investments primarily in upper-upscale hotels in various business and convention markets and, on a selective basis, select-service hotels in urban settings or other locations in the United States. The Company operates through the hotel ownership segment.

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Institutional Ownership by Quarter for Chesapeake Lodging Trust (NYSE:CHSP)

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