GSA Capital Partners LLP Increases Stock Holdings in Chatham Lodging Trust (NYSE:CLDT)

GSA Capital Partners LLP boosted its position in shares of Chatham Lodging Trust (NYSE:CLDT - Free Report) by 30.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 307,777 shares of the real estate investment trust's stock after purchasing an additional 72,420 shares during the quarter. GSA Capital Partners LLP owned approximately 0.63% of Chatham Lodging Trust worth $2,622,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Meeder Asset Management Inc. purchased a new stake in shares of Chatham Lodging Trust in the second quarter valued at $46,000. Quarry LP boosted its stake in Chatham Lodging Trust by 303.7% in the 2nd quarter. Quarry LP now owns 5,515 shares of the real estate investment trust's stock worth $47,000 after buying an additional 4,149 shares during the last quarter. Point72 DIFC Ltd acquired a new stake in Chatham Lodging Trust in the 2nd quarter worth about $63,000. Allspring Global Investments Holdings LLC boosted its stake in Chatham Lodging Trust by 322.6% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 9,939 shares of the real estate investment trust's stock worth $85,000 after buying an additional 7,587 shares during the last quarter. Finally, Creative Planning acquired a new stake in Chatham Lodging Trust in the 3rd quarter worth about $89,000. 88.37% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com raised Chatham Lodging Trust from a "sell" rating to a "hold" rating in a research note on Wednesday, August 14th.

Chatham Lodging Trust Trading Down 0.2 %

Shares of Chatham Lodging Trust stock traded down $0.02 during trading hours on Tuesday, reaching $9.21. The stock had a trading volume of 376,656 shares, compared to its average volume of 383,365. The firm has a 50 day simple moving average of $8.44 and a two-hundred day simple moving average of $8.52. The firm has a market capitalization of $450.46 million, a price-to-earnings ratio of -40.04 and a beta of 1.79. The company has a current ratio of 0.96, a quick ratio of 1.05 and a debt-to-equity ratio of 0.37. Chatham Lodging Trust has a 1 year low of $7.60 and a 1 year high of $11.32.

Chatham Lodging Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a $0.07 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 3.04%. Chatham Lodging Trust's dividend payout ratio (DPR) is -121.73%.

Chatham Lodging Trust 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.