60,629 Shares in Chatham Lodging Trust (REIT) $CLDT Acquired by Marquette Asset Management LLC

Marquette Asset Management LLC bought a new stake in shares of Chatham Lodging Trust (REIT) (NYSE:CLDT) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 60,629 shares of the real estate investment trust’s stock, valued at approximately $802,000. Marquette Asset Management LLC owned about 0.13% of Chatham Lodging Trust at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Sculptor Capital LP purchased a new position in shares of Chatham Lodging Trust in the second quarter worth $14,901,000. Aegis Financial Corp purchased a new stake in shares of Chatham Lodging Trust during the fourth quarter valued at $4,621,000. Ameriprise Financial Inc. boosted its position in shares of Chatham Lodging Trust by 413.3% during the third quarter. Ameriprise Financial Inc. now owns 813,825 shares of the real estate investment trust’s stock valued at $5,464,000 after buying an additional 655,265 shares during the last quarter. AQR Capital Management LLC increased its holdings in Chatham Lodging Trust by 394.2% in the 2nd quarter. AQR Capital Management LLC now owns 486,346 shares of the real estate investment trust’s stock worth $3,390,000 after buying an additional 387,937 shares in the last quarter. Finally, Kennedy Capital Management LLC increased its holdings in Chatham Lodging Trust by 24.0% in the 3rd quarter. Kennedy Capital Management LLC now owns 801,619 shares of the real estate investment trust’s stock worth $5,379,000 after buying an additional 155,023 shares in the last quarter. Institutional investors own 88.37% of the company’s stock.

Chatham Lodging Trust Stock Performance

NYSE:CLDT opened at $12.43 on Tuesday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.72 and a current ratio of 0.72. The stock has a 50-day simple moving average of $12.91 and a two-hundred day simple moving average of $9.97. The firm has a market capitalization of $580.23 million, a PE ratio of 155.39 and a beta of 1.08. Chatham Lodging Trust has a 52-week low of $6.08 and a 52-week high of $13.88.

Chatham Lodging Trust (NYSE:CLDT) last posted its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.13 EPS for the quarter, topping the consensus estimate of $0.11 by $0.02. Chatham Lodging Trust had a return on equity of 1.56% and a net margin of 4.00%.The firm 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. Analysts forecast that Chatham Lodging Trust will post 1.33 EPS for the current year.

Chatham Lodging Trust Dividend Announcement

The company also recently announced 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 was Tuesday, June 30th. This represents a $0.40 dividend on an annualized basis and a yield of 3.2%. Chatham Lodging Trust’s dividend payout ratio (DPR) is presently 500.00%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CLDT. Zacks Research upgraded shares of Chatham Lodging Trust from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 9th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $12.00 target price on shares of Chatham Lodging Trust in a research 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. Weiss Ratings upgraded Chatham Lodging Trust from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday. Finally, Stifel Nicolaus lifted their price objective on Chatham Lodging Trust from $13.00 to $14.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $13.00.

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.