LSV Asset Management boosted its holdings in shares of Chatham Lodging Trust (NYSE:CLDT) by 9.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 909,767 shares of the real estate investment trust’s stock after purchasing an additional 76,800 shares during the period. LSV Asset Management’s holdings in Chatham Lodging Trust were worth $20,706,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. lifted its position in Chatham Lodging Trust by 8.3% during the second quarter. Vanguard Group Inc. now owns 4,927,364 shares of the real estate investment trust’s stock valued at $98,990,000 after purchasing an additional 376,788 shares during the period. Fuller & Thaler Asset Management Inc. lifted its position in Chatham Lodging Trust by 0.5% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 3,325,682 shares of the real estate investment trust’s stock valued at $70,904,000 after purchasing an additional 17,912 shares during the period. State Street Corp lifted its position in Chatham Lodging Trust by 28.5% during the second quarter. State Street Corp now owns 1,133,956 shares of the real estate investment trust’s stock valued at $22,774,000 after purchasing an additional 251,188 shares during the period. Boston Partners lifted its position in Chatham Lodging Trust by 3.1% during the third quarter. Boston Partners now owns 1,124,547 shares of the real estate investment trust’s stock valued at $23,975,000 after purchasing an additional 33,450 shares during the period. Finally, Northern Trust Corp lifted its position in Chatham Lodging Trust by 65.7% during the second quarter. Northern Trust Corp now owns 1,078,405 shares of the real estate investment trust’s stock valued at $21,665,000 after purchasing an additional 427,418 shares during the period. Institutional investors own 77.20% of the company’s stock.

A number of research analysts recently issued reports on the stock. BidaskClub upgraded shares of Chatham Lodging Trust from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. Zacks Investment Research downgraded shares of Chatham Lodging Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. Barclays restated a “hold” rating and set a $23.00 target price on shares of Chatham Lodging Trust in a research report on Friday, December 15th. Finally, B. Riley restated a “neutral” rating on shares of Chatham Lodging Trust in a research report on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the stock. Chatham Lodging Trust currently has a consensus rating of “Hold” and an average target price of $21.25.

Chatham Lodging Trust (NYSE CLDT) opened at $20.41 on Friday. The firm has a market cap of $944.20, a PE ratio of 9.29 and a beta of 1.01. Chatham Lodging Trust has a 1 year low of $18.66 and a 1 year high of $23.91. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.42 and a quick ratio of 1.42.

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 23rd. Shareholders of record on Wednesday, January 31st will be given a $0.11 dividend. The ex-dividend date is Tuesday, January 30th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 6.47%. Chatham Lodging Trust’s dividend payout ratio (DPR) is currently 194.12%.

TRADEMARK VIOLATION NOTICE: This news story was posted by Watch List News and is owned by of Watch List News. If you are accessing this news story on another website, it was stolen and republished in violation of US and international trademark & copyright legislation. The legal version of this news story can be viewed at https://www.watchlistnews.com/lsv-asset-management-boosts-position-in-chatham-lodging-trust-cldt/1854472.html.

Chatham Lodging Trust Company Profile

Chatham Lodging Trust is a real estate investment trust. The Company invests primarily in upscale extended-stay and premium-branded select-service hotels. All of the Company’s assets are held by, and all of its operations are conducted through Chatham Lodging, L.P. (the Operating Partnership). The Company owned 41 hotels with an aggregate of 6,163 rooms located in 16 states and the District of Columbia.

Want to see what other hedge funds are holding CLDT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Chatham Lodging Trust (NYSE:CLDT).

Institutional Ownership by Quarter for Chatham Lodging Trust (NYSE:CLDT)

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.com's FREE daily email newsletter.