2 days Ago By Defense World Staff
KLP Kapitalforvaltning AS acquired a new position in Chatham Lodging Trust (NYSE:CLDT – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 7,500 shares of the real estate investment trust’s stock, valued at approximately $68,000. Several other institutional investors also recently added to or reduced their stakes in CLDT.
Quantbot Technologies LP acquired a new stake in shares of Chatham Lodging Trust in the fourth quarter worth $25,000. Ballentine Partners LLC bought a new stake in Chatham Lodging Trust in the 4th quarter valued at $102,000. Pensionfund Sabic grew its position in Chatham Lodging Trust by 66.
7% in the 4th quarter. Pensionfund Sabic now owns 15,000 shares of the real estate investment trust’s stock worth $134,000 after purchasing an additional 6,000 shares during the last quarter. Intech Investment Management LLC acquired a new stake in Chatham Lodging Trust in the 4th quarter worth $155,000.
Finally, Mesirow Financial Investment Management Inc. bought a new position in shares of Chatham Lodging Trust during the 4th quarter worth about $209,000. 88.
37% of the stock is owned by institutional investors. Chatham Lodging Trust Price PerformanceNYSE:CLDT opened at $6.54 on Friday.
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 company has a 50-day moving average of $7.70 and a 200-day moving average of $8.
44. Chatham Lodging Trust has a 52 week low of $5.83 and a 52 week high of $10.
00. The company has a market capitalization of $320.54 million, a price-to-earnings ratio of -28.
45 and a beta of 1.49. Chatham Lodging Trust Cuts DividendThe business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th.
Shareholders of record on Monday, March 31st will be issued a dividend of $0.02 per share. This represents a $0.
08 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend is Monday, March 31st.
Chatham Lodging Trust’s payout ratio is -450.00%. Analyst Upgrades and DowngradesSeparately, StockNews.
com cut shares of Chatham Lodging Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, March 26th.Check Out Our Latest Research Report on CLDTChatham 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.
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