Arrowstreet Capital Limited Partnership Has $8.68 Million Position in Chatham Lodging Trust (NYSE:CLDT)

Arrowstreet Capital Limited Partnership lessened its stake in shares of Chatham Lodging Trust (NYSE:CLDT – Free Report) by 6.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 970,137 shares of the real estate investment trust’s stock after selling 64,017 shares during the quarter.

Arrowstreet Capital Limited Partnership owned about 1.98% of Chatham Lodging Trust worth $8,683,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also modified their holdings of CLDT.



Nomura Asset Management Co. Ltd. grew its holdings in Chatham Lodging Trust by 2.

7% in the 4th quarter. Nomura Asset Management Co. Ltd.

now owns 63,600 shares of the real estate investment trust’s stock valued at $569,000 after buying an additional 1,700 shares in the last quarter. Quantbot Technologies LP acquired a new position in shares of Chatham Lodging Trust in the fourth quarter valued at about $25,000. SG Americas Securities LLC grew its stake in shares of Chatham Lodging Trust by 15.

1% in 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 in the last quarter. Public Employees Retirement System of Ohio increased its position in Chatham Lodging Trust by 4.

2% during the third quarter. Public Employees Retirement System of Ohio now owns 95,824 shares of the real estate investment trust’s stock worth $816,000 after acquiring an additional 3,870 shares during the period. Finally, Asset Management One Co.

Ltd. raised its stake in Chatham Lodging Trust by 8.2% in 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.

Institutional investors own 88.37% of the company’s stock. Chatham Lodging Trust Price PerformanceCLDT stock opened at $6.

21 on Monday. The company’s 50-day moving average price is $8.03 and its two-hundred day moving average price is $8.

56. The firm has a market cap of $304.18 million, a P/E ratio of -27.

00 and a beta of 1.49. The company has a quick ratio of 0.

96, a current ratio of 0.96 and a debt-to-equity ratio of 0.37.

Chatham Lodging Trust has a 12 month low of $6.01 and a 12 month high of $10.16.

Chatham Lodging Trust Cuts DividendThe company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.02 dividend.

The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.08 dividend on an annualized basis and a yield of 1.

29%. Chatham Lodging Trust’s dividend payout ratio (DPR) is -450.00%.

Analyst Upgrades and DowngradesSeveral research analysts have recently commented on CLDT shares. StockNews.com cut shares of Chatham Lodging Trust from a “buy” rating to a “hold” rating in a report on Wednesday, March 26th.

Alliance Global Partners started coverage on Chatham Lodging Trust in a research note on Wednesday, December 11th. They set a “buy” rating and a $12.00 price objective on the stock.

Check Out Our Latest Stock Analysis on Chatham Lodging TrustChatham 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. Read MoreFive stocks we like better than Chatham Lodging TrustWhat Investors Need to Know to Beat the MarketNewsmax’s IPO Whiplash: Meme Stock Hype or Growth Potential?What is MarketRank? How to Use itDisney 2025 Shareholders: Major Updates for InvestorsAirline Stocks – Top Airline Stocks to Buy NowAdvance Auto Parts Stock: A Classic Rebound Play in the MakingWant to see what other hedge funds are holding CLDT? Visit HoldingsChannel.

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