Inspire Investing LLC Sells 118,990 Shares of Chatham Lodging Trust (REIT) $CLDT

Key Points

• Inspire Investing cut its Chatham Lodging Trust position by 71.3%, selling 118,990 shares and retaining 47,978 shares worth approximately $642,000. Institutional investors and hedge funds collectively own 88.37% of CLDT.
• Analyst sentiment is generally positive, with a consensus rating of “Moderate Buy” and an average price target of $13.75, although ratings range from Hold to Strong Buy.
• CLDT shares rose 2.1% to $14.87, near their 12-month high of $14.92. The company recently reported quarterly EPS of $0.13, exceeding estimates, and maintains a quarterly dividend of $0.10, yielding about 2.7% annually.

Inspire Investing LLC trimmed its holdings in shares of Chatham Lodging Trust (REIT) (NYSE:CLDT - Free Report) by 71.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,978 shares of the real estate investment trust's stock after selling 118,990 shares during the period. Inspire Investing LLC owned about 0.10% of Chatham Lodging Trust worth $642,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its stake in Chatham Lodging Trust by 102.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,856 shares of the real estate investment trust's stock valued at $25,000 after buying an additional 938 shares in the last quarter. State of Alaska Department of Revenue increased its position in Chatham Lodging Trust by 5.6% during the third quarter. State of Alaska Department of Revenue now owns 24,023 shares of the real estate investment trust's stock worth $320,000 after buying an additional 1,269 shares in the last quarter. GAMMA Investing LLC increased its position in Chatham Lodging Trust by 146.8% during the third quarter. GAMMA Investing LLC now owns 2,335 shares of the real estate investment trust's stock worth $31,000 after buying an additional 1,389 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of Chatham Lodging Trust in the second quarter worth $34,000. Finally, Susquehanna International Group LLP raised its holdings in shares of Chatham Lodging Trust by 19.1% in the second quarter. Susquehanna International Group LLP now owns 20,454 shares of the real estate investment trust's stock worth $271,000 after acquiring an additional 3,287 shares during the last quarter. 88.37% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on CLDT shares. Wall Street Zen upgraded Chatham Lodging Trust from a "hold" rating to a "buy" rating in a research report on Saturday, August 15th. Weiss Ratings upgraded Chatham Lodging Trust from a "hold (c)" rating to a "hold (c+)" rating in a research report on Thursday, October 8th. Zacks Research raised shares of Chatham Lodging Trust from a "hold" rating to a "strong-buy" rating in a research note on Monday. Morgan Stanley lowered shares of Chatham Lodging Trust to an "outperform" rating in a report on Friday, October 16th. Finally, Alliance Global Partners reiterated a "buy" rating on shares of Chatham Lodging Trust in a report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $13.75.

Chatham Lodging Trust Trading Up 2.1%

Shares of CLDT opened at $14.87 on Thursday. Chatham Lodging Trust has a twelve month low of $6.08 and a twelve month high of $14.92. The firm has a market capitalization of $694.18 million, a P/E ratio of 185.91 and a beta of 1.11. 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 fifty day simple moving average is $13.51 and its 200 day simple moving average is $10.82.

Chatham Lodging Trust (NYSE:CLDT - Get Free Report) 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, beating analysts' consensus estimates of $0.11 by $0.02. The firm 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. On average, equities research analysts forecast that Chatham Lodging Trust will post 1.35 earnings per share for the current year.

Chatham Lodging Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Wednesday, September 30th. Chatham Lodging Trust's payout ratio is currently 500.00%.

Chatham Lodging Trust Profile

Chatham Lodging Trust was a real estate investment trust that owned and operated upscale hotels and premium-branded select-service hotels in the United States. Its portfolio included properties affiliated with nationally recognized hotel brands, serving business and leisure travelers in urban, suburban and resort-oriented markets.

The company's lodging portfolio included full-service and select-service hotels operating under brands such as Hilton, Marriott and Hyatt. Chatham focused on acquiring, owning and enhancing hotel properties, while working with third-party management companies to oversee day-to-day operations.

Founded in 2009 and based in New York, Chatham Lodging Trust became a publicly traded company on the New York Stock Exchange in 2010.

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