112,098 Shares in Chatham Lodging Trust (REIT) $CLDT Bought by Ieq Capital LLC

Ieq Capital LLC acquired a new position in shares of Chatham Lodging Trust (REIT) (NYSE:CLDT) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 112,098 shares of the real estate investment trust’s stock, valued at approximately $1,483,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Tower Research Capital LLC TRC raised its holdings in shares of Chatham Lodging Trust by 195.0% in the second quarter. Tower Research Capital LLC TRC now owns 5,836 shares of the real estate investment trust’s stock valued at $41,000 after buying 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 first quarter. PNC Financial Services Group Inc. now owns 6,652 shares of the real estate investment trust’s stock worth $52,000 after buying an additional 6,084 shares during the period. Advisory Services Network LLC purchased a new position in shares of Chatham Lodging Trust during the third quarter worth about $52,000. 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 during the last quarter. Finally, Strs Ohio acquired a new position in Chatham Lodging Trust in the 1st quarter valued at about $61,000. 88.37% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Alliance Global Partners reaffirmed a “buy” rating on shares of Chatham Lodging Trust in a research note on Tuesday, August 4th. Zacks Research downgraded Chatham Lodging Trust from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 12th. BMO Capital Markets reissued a “market perform” rating and issued a $12.00 target price on shares of Chatham Lodging Trust in a report on Friday, June 12th. Wall Street Zen raised Chatham Lodging Trust from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Finally, Stifel Nicolaus lifted 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. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $13.00.

Chatham Lodging Trust Price Performance

Shares of CLDT opened at $13.47 on Thursday. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.28. The stock’s 50 day moving average is $13.18 and its two-hundred day moving average is $10.48. Chatham Lodging Trust has a twelve month low of $6.08 and a twelve month high of $13.89. The firm has a market capitalization of $628.78 million, a PE ratio of 168.40 and a beta of 1.08.

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

Chatham Lodging Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $0.10 dividend. 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 500.00%.

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.