Donald Smith & CO. Inc. Buys Shares of 3,974,821 Chatham Lodging Trust (REIT) $CLDT

Key Points

• Donald Smith & Co. acquired 3,974,821 shares of Chatham Lodging Trust in the second quarter, worth approximately $52.6 million and representing an 8.51% stake. Institutional investors collectively own 88.37% of the REIT.
• Chatham Lodging Trust reported quarterly EPS of $0.13, exceeding analyst expectations of $0.11, while revenue reached $87.8 million versus the $82.01 million consensus estimate. The company issued fiscal 2026 EPS guidance of $1.28–$1.34.
• CLDT shares opened at $13.57, near their 52-week high of $13.88. Analysts maintain a consensus “Hold” rating with a $13.00 price target, while the company continues paying a $0.10 quarterly dividend, yielding about 2.9% annually.

Donald Smith & CO. Inc. purchased a new stake in shares of Chatham Lodging Trust (REIT) (NYSE:CLDT - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,974,821 shares of the real estate investment trust's stock, valued at approximately $52,587,000. Donald Smith & CO. Inc. owned 8.51% of Chatham Lodging Trust as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Tower Research Capital LLC TRC lifted its position in Chatham Lodging Trust by 195.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,836 shares of the real estate investment trust's stock valued at $41,000 after purchasing an additional 3,858 shares during the last quarter. PNC Financial Services Group Inc. grew its position in Chatham Lodging Trust by 1,071.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,652 shares of the real estate investment trust's stock worth $52,000 after purchasing an additional 6,084 shares during the last quarter. Advisory Services Network LLC bought a new position in Chatham Lodging Trust in the 3rd quarter worth about $52,000. Quarry LP increased its stake in shares of Chatham Lodging Trust by 61.9% in the third quarter. Quarry LP now owns 8,629 shares of the real estate investment trust's stock valued at $58,000 after purchasing an additional 3,300 shares during the period. Finally, Strs Ohio acquired a new stake in shares of Chatham Lodging Trust in the first quarter valued at approximately $61,000. Institutional investors own 88.37% of the company's stock.

Chatham Lodging Trust Stock Up 1.3%

CLDT stock opened at $13.57 on Friday. Chatham Lodging Trust has a 52 week low of $6.08 and a 52 week high of $13.88. The company has a market capitalization of $633.45 million, a price-to-earnings ratio of 169.65 and a beta of 1.08. The firm's 50-day moving average is $13.14 and its two-hundred day 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 - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, beating 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 business had revenue of $87.80 million during the quarter, compared to analysts' expectations of $82.01 million. Chatham Lodging Trust has set its FY 2026 guidance at 1.280-1.340 EPS. On average, analysts forecast that Chatham Lodging Trust will post 1.33 earnings per share for the current fiscal 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 given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Tuesday, June 30th. Chatham Lodging Trust's dividend payout ratio is 500.00%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Weiss Ratings raised Chatham Lodging Trust from a "hold (c-)" rating to a "hold (c)" rating in a report on Thursday, August 6th. Stifel Nicolaus raised 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. Wall Street Zen raised Chatham Lodging Trust from a "hold" rating to a "buy" rating in a research note on Saturday, August 15th. Alliance Global Partners reiterated a "buy" rating on shares of Chatham Lodging Trust in a research report on Tuesday, August 4th. Finally, BMO Capital Markets reissued a "market perform" rating and issued a $12.00 price target on shares of Chatham Lodging Trust in a research note on Friday, June 12th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company 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.

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