Lazard Asset Management LLC Takes Position in Chatham Lodging Trust (REIT) $CLDT

Lazard Asset Management LLC purchased a new position in shares of Chatham Lodging Trust (REIT) (NYSE:CLDT) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 125,827 shares of the real estate investment trust’s stock, valued at approximately $990,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Tower Research Capital LLC TRC increased its stake in Chatham Lodging Trust by 195.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,836 shares of the real estate investment trust’s stock worth $41,000 after buying an additional 3,858 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Chatham Lodging Trust by 1,071.1% during the first quarter. PNC Financial Services Group Inc. now owns 6,652 shares of the real estate investment trust’s stock valued at $52,000 after acquiring an additional 6,084 shares during the last quarter. Advisory Services Network LLC purchased a new position in shares of Chatham Lodging Trust in the third quarter valued at approximately $52,000. Strs Ohio purchased a new position in shares of Chatham Lodging Trust in the first quarter valued at approximately $61,000. Finally, Quarry LP increased its position in shares of Chatham Lodging Trust by 61.9% during the third quarter. Quarry LP now owns 8,629 shares of the real estate investment trust’s stock worth $58,000 after purchasing an additional 3,300 shares in the last quarter. 88.37% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have issued reports on CLDT. BMO Capital Markets reaffirmed a “market perform” rating and set a $12.00 target price on shares of Chatham Lodging Trust in a research note on Friday, June 12th. Weiss Ratings upgraded shares of Chatham Lodging Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, June 1st. Stifel Nicolaus raised their price target on shares of Chatham Lodging Trust from $13.00 to $14.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Zacks Research upgraded shares of Chatham Lodging Trust from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 9th. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of Chatham Lodging Trust in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $13.00.

Chatham Lodging Trust Trading Down 0.7%

CLDT opened at $13.39 on Thursday. Chatham Lodging Trust has a 52 week low of $6.08 and a 52 week high of $13.88. The company has a quick ratio of 0.73, a current ratio of 0.72 and a debt-to-equity ratio of 0.28. The business has a fifty day simple moving average of $12.81 and a 200-day simple moving average of $9.85. The firm has a market cap of $625.05 million, a P/E ratio of 167.40 and a beta of 1.08.

Chatham Lodging Trust (NYSE:CLDT) last announced its earnings results on Tuesday, August 4th. The real estate investment trust reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. The company had revenue of $87.80 million during the quarter, compared to analysts’ expectations 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 analysts expect that Chatham Lodging Trust will post 1.35 earnings per share for the current year.

Chatham Lodging Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a $0.10 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.0%. Chatham Lodging Trust’s payout ratio is 2,000.00%.

More Chatham Lodging Trust News

Here are the key news stories impacting Chatham Lodging Trust this week:

• Positive Sentiment: Second-quarter EPS was $0.13, exceeding the $0.11 analyst consensus, while revenue rose to $87.8 million versus expectations of $82.0 million. Chatham Lodging Announces Second Quarter 2026 Results
• Positive Sentiment: FFO increased to $0.48 per share from $0.36 a year earlier and topped the $0.45 consensus estimate, providing a stronger measure of recurring REIT performance. Chatham Lodging Q2 FFO and Revenues Top Estimates
• Positive Sentiment: Comparable hotel RevPAR reached a record second-quarter level of $158, up more than 3%, while July RevPAR surged 10% to $169 across 39 hotels. GOP and hotel EBITDA margins were strong at 47% and 41%, respectively. Chatham Lodging Q2 Net Income Rises as RevPAR Hits Record
• Positive Sentiment: Adjusted EBITDA reached $32.7 million, AFFO per share increased 22% to $0.48, and management raised or maintained 2026 expectations at $312 million–$316 million of hotel revenue and $1.28–$1.34 of EPS, above consensus on EPS. The board also declared a $0.10 common dividend and repurchased approximately 300,000 shares at an average of $9.07. Chatham Lodging Announces Second Quarter 2026 Results
• Neutral Sentiment: The earnings call provided additional management commentary on quarterly performance and the outlook, but the available reports do not identify a material new risk or strategic change. Chatham Lodging Trust Q2 2026 Earnings Call Transcript
• Negative Sentiment: Despite higher net income, the company’s guidance still calls for a net loss attributable to common shareholders of approximately $4.7 million to $1.6 million for 2026. In addition, CLDT’s elevated price-to-earnings ratio and sharp advance toward its 52-week high may leave limited room for further upside after the earnings beat.

About Chatham Lodging Trust

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.