SG Americas Securities LLC Has $306,000 Holdings in Chatham Lodging Trust (NYSE:CLDT)

SG Americas Securities LLC increased its position in shares of Chatham Lodging Trust (NYSE:CLDT) by 6.8% during the fourth quarter, Holdings Channel reports. The fund owned 28,577 shares of the real estate investment trust’s stock after acquiring an additional 1,825 shares during the quarter. SG Americas Securities LLC’s holdings in Chatham Lodging Trust were worth $306,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. LSV Asset Management grew its position in Chatham Lodging Trust by 3.4% during the third quarter. LSV Asset Management now owns 158,162 shares of the real estate investment trust’s stock valued at $1,514,000 after purchasing an additional 5,162 shares in the last quarter. Public Employees Retirement System of Ohio grew its position in Chatham Lodging Trust by 5.9% during the third quarter. Public Employees Retirement System of Ohio now owns 94,910 shares of the real estate investment trust’s stock valued at $908,000 after purchasing an additional 5,282 shares in the last quarter. Belpointe Asset Management LLC grew its position in Chatham Lodging Trust by 12.1% during the third quarter. Belpointe Asset Management LLC now owns 32,694 shares of the real estate investment trust’s stock valued at $313,000 after purchasing an additional 3,526 shares in the last quarter. Asset Management One Co. Ltd. grew its position in Chatham Lodging Trust by 3.4% during the third quarter. Asset Management One Co. Ltd. now owns 82,380 shares of the real estate investment trust’s stock valued at $788,000 after purchasing an additional 2,716 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in Chatham Lodging Trust by 0.4% during the third quarter. Vanguard Group Inc. now owns 5,779,061 shares of the real estate investment trust’s stock valued at $55,306,000 after purchasing an additional 21,758 shares in the last quarter. Institutional investors and hedge funds own 88.37% of the company’s stock.

Chatham Lodging Trust Stock Performance

Shares of CLDT opened at $10.15 on Wednesday. The company’s 50 day moving average price is $10.23 and its 200 day moving average price is $10.18. Chatham Lodging Trust has a 52 week low of $8.92 and a 52 week high of $11.32. The company has a market capitalization of $496.09 million, a PE ratio of -92.23 and a beta of 1.74. The company has a debt-to-equity ratio of 0.49, a quick ratio of 3.08 and a current ratio of 3.08.

Chatham Lodging Trust (NYSE:CLDT) last posted its earnings results on Tuesday, February 27th. The real estate investment trust reported ($0.23) EPS for the quarter, missing the consensus estimate of $0.15 by ($0.38). The business had revenue of $72.28 million for the quarter, compared to analyst estimates of $70.46 million. Chatham Lodging Trust had a return on equity of 0.33% and a net margin of 0.85%. During the same period in the previous year, the company earned $0.20 earnings per share. Research analysts expect that Chatham Lodging Trust will post 1.15 EPS for the current fiscal year.

Chatham Lodging Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Thursday, March 28th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $0.28 dividend on an annualized basis and a yield of 2.76%. Chatham Lodging Trust’s payout ratio is presently -254.55%.

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.