1 day Ago By Defense World Staff
Legal & General Group Plc cut its position in shares of Chatham Lodging Trust ( NYSE:CLDT – Free Report ) by 4.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 44,329 shares of the real estate investment trust’s stock after selling 2,041 shares during the quarter.
Legal & General Group Plc owned 0.09% of Chatham Lodging Trust worth $397,000 as of its most recent filing with the SEC. A number of other institutional investors also recently bought and sold shares of the company.
Nomura Asset Management Co. Ltd. raised its position in shares of Chatham Lodging Trust by 2.
7% during the 4th quarter. Nomura Asset Management Co. Ltd.
now owns 63,600 shares of the real estate investment trust’s stock worth $569,000 after purchasing an additional 1,700 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of Chatham Lodging Trust in the fourth quarter worth $25,000. ExodusPoint Capital Management LP lifted its position in shares of Chatham Lodging Trust by 5.
2% in the fourth quarter. ExodusPoint Capital Management LP now owns 60,997 shares of the real estate investment trust’s stock valued at $546,000 after acquiring an additional 3,016 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Chatham Lodging Trust by 15.
1% during the fourth quarter. SG Americas Securities LLC now owns 24,942 shares of the real estate investment trust’s stock valued at $223,000 after acquiring an additional 3,264 shares during the last quarter. Finally, Asset Management One Co.
Ltd. increased its position in Chatham Lodging Trust by 8.2% during the 4th quarter.
Asset Management One Co. Ltd. now owns 75,660 shares of the real estate investment trust’s stock worth $679,000 after purchasing an additional 5,703 shares in the last quarter.
88.37% of the stock is currently owned by hedge funds and other institutional investors. Wall Street Analyst Weigh In A number of brokerages have recently commented on CLDT.
Stifel Nicolaus lowered their price target on shares of Chatham Lodging Trust from $11.00 to $9.50 and set a “buy” rating for the company in a report on Wednesday, April 16th.
StockNews.com downgraded Chatham Lodging Trust from a “buy” rating to a “hold” rating in a report on Wednesday, March 26th. Chatham Lodging Trust Price Performance Chatham Lodging Trust stock opened at $6.
95 on Wednesday. Chatham Lodging Trust has a 1 year low of $5.83 and a 1 year high of $10.
00. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.
96 and a current ratio of 0.96. The firm has a 50 day moving average price of $7.
30 and a 200 day moving average price of $8.31. The company has a market cap of $340.
18 million, a price-to-earnings ratio of -30.19 and a beta of 1.49.
Chatham Lodging Trust Cuts Dividend The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a dividend of $0.02 per share.
The ex-dividend date was Monday, March 31st. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.
15%. Chatham Lodging Trust’s payout ratio is -450.00%.
Chatham Lodging Trust Company Profile ( Free Report ) 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. See Also Five stocks we like better than Chatham Lodging Trust Retail Stocks Investing, Explained Don’t Be Fooled by the Bounce: The Market Storm Isn’t Over Yet Most active stocks: Dollar volume vs share volume Coca-Cola Company Stock Can Bubble to New Highs This Year Uptrend Stocks Explained: Learn How to Trade Using Uptrends 3 Stocks Lifting 2025 Guidance Despite Market Jitters Receive News & Ratings for Chatham Lodging Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chatham Lodging Trust and related companies with MarketBeat.
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