Quantinno Capital Management LP Boosts Holdings in Chatham Lodging Trust (REIT) $CLDT

Quantinno Capital Management LP increased its position in Chatham Lodging Trust (REIT) (NYSE:CLDT) by 62.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 140,257 shares of the real estate investment trust’s stock after purchasing an additional 54,096 shares during the period. Quantinno Capital Management LP’s holdings in Chatham Lodging Trust were worth $1,104,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Chatham Lodging Trust by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 5,105,021 shares of the real estate investment trust’s stock valued at $34,255,000 after purchasing an additional 21,541 shares in the last quarter. Donald Smith & CO. Inc. grew its holdings in shares of Chatham Lodging Trust by 1.9% during the fourth quarter. Donald Smith & CO. Inc. now owns 4,684,548 shares of the real estate investment trust’s stock valued at $31,902,000 after buying an additional 88,879 shares during the last quarter. Sculptor Capital LP grew its holdings in shares of Chatham Lodging Trust by 10.6% during the fourth quarter. Sculptor Capital LP now owns 2,365,395 shares of the real estate investment trust’s stock valued at $16,108,000 after buying an additional 227,500 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Chatham Lodging Trust by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 1,291,554 shares of the real estate investment trust’s stock valued at $8,797,000 after acquiring an additional 32,861 shares in the last quarter. Finally, AQR Capital Management LLC increased its position in shares of Chatham Lodging Trust by 23.4% during the fourth quarter. AQR Capital Management LLC now owns 1,075,565 shares of the real estate investment trust’s stock valued at $7,325,000 after acquiring an additional 204,290 shares in the last quarter. 88.37% of the stock is owned by hedge funds and other institutional investors.

Chatham Lodging Trust Stock Performance

Shares of CLDT stock opened at $12.98 on Friday. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.28. The company has a 50 day moving average price of $13.04 and a 200-day moving average price of $10.10. Chatham Lodging Trust has a 52 week low of $6.08 and a 52 week high of $13.88. The firm has a market capitalization of $605.91 million, a PE ratio of 162.27 and a beta of 1.08.

Chatham Lodging Trust (NYSE:CLDT) last issued its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates 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 company had revenue of $87.80 million for the quarter, compared to the consensus estimate of $82.01 million. Chatham Lodging Trust has set its FY 2026 guidance at 1.280-1.340 EPS. As a group, equities research analysts expect that Chatham Lodging Trust will post 1.33 earnings per share for the current year.

Chatham Lodging Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Tuesday, June 30th. Chatham Lodging Trust’s dividend payout ratio is presently 500.00%.

Wall Street Analysts Forecast Growth

CLDT has been the subject of a number of recent analyst reports. BMO Capital Markets restated a “market perform” rating and issued a $12.00 price objective on shares of Chatham Lodging Trust in a report on Friday, June 12th. Alliance Global Partners reiterated a “buy” rating on shares of Chatham Lodging Trust in a research note on Tuesday, August 4th. Stifel Nicolaus lifted their target price on Chatham Lodging Trust from $13.00 to $14.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Zacks Research cut Chatham Lodging Trust from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Finally, Weiss Ratings raised Chatham Lodging Trust from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, August 6th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $13.00.

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.