Mitsubishi UFJ Asset Management Co. Ltd. Makes New $549,000 Investment in Chatham Lodging Trust (REIT) $CLDT

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Chatham Lodging Trust (REIT) (NYSE:CLDT) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 41,500 shares of the real estate investment trust’s stock, valued at approximately $549,000. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.09% of Chatham Lodging Trust as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CLDT. Tower Research Capital LLC TRC lifted its position 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 worth $41,000 after purchasing an additional 3,858 shares in the last quarter. PNC Financial Services Group Inc. grew its position in Chatham Lodging Trust by 1,071.1% in the first quarter. PNC Financial Services Group Inc. now owns 6,652 shares of the real estate investment trust’s stock valued at $52,000 after purchasing an additional 6,084 shares in the last quarter. Advisory Services Network LLC bought a new position in Chatham Lodging Trust in the third quarter valued at $52,000. Strs Ohio acquired a new stake in Chatham Lodging Trust in the 1st quarter valued at $61,000. Finally, Quarry LP increased its stake in Chatham Lodging Trust by 61.9% in the 3rd quarter. Quarry LP now owns 8,629 shares of the real estate investment trust’s stock valued at $58,000 after buying an additional 3,300 shares during the last quarter. 88.37% of the stock is currently owned by institutional investors and hedge funds.

Chatham Lodging Trust Price Performance

Shares of CLDT opened at $13.57 on Friday. The company has a market cap of $633.45 million, a price-to-earnings ratio of 169.65 and a beta of 1.08. Chatham Lodging Trust has a 1-year low of $6.08 and a 1-year high of $13.88. The company’s fifty day simple moving average is $13.14 and its 200 day simple moving average is $10.32. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.28.

Chatham Lodging Trust (NYSE:CLDT) last posted its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $87.80 million for the quarter, compared to analyst estimates of $82.01 million. Chatham Lodging Trust has set its FY 2026 guidance at 1.280-1.340 EPS. On average, research analysts forecast that Chatham Lodging Trust will post 1.33 earnings per share for the current fiscal year.

Chatham Lodging Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Tuesday, June 30th. Chatham Lodging Trust’s dividend payout ratio is presently 500.00%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on CLDT. Wall Street Zen upgraded shares of Chatham Lodging Trust from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Stifel Nicolaus lifted their target price on Chatham Lodging Trust from $13.00 to $14.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Weiss Ratings upgraded Chatham Lodging Trust from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, August 6th. Zacks Research lowered Chatham Lodging Trust from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 12th. Finally, BMO Capital Markets reissued a “market perform” rating and set a $12.00 price target on shares of Chatham Lodging Trust in a research report on Friday, June 12th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Chatham Lodging Trust has a consensus rating of “Hold” and a consensus price target of $13.00.

Chatham Lodging Trust Company 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.