Janney Capital:Chatham Lodging Trust (NYSE:CLDT) Valuation Insights

September 17, 2017 - By Marry Poplack

 Janney Capital:Chatham Lodging Trust (NYSE:CLDT) Valuation Insights

Investors sentiment decreased to 1.16 in Q4 2016. Its down 0.24, from 1.4 in 2016Q3. It dived, as 13 investors sold Chatham Lodging Trust shares while 43 reduced holdings. 20 funds opened positions while 45 raised stakes. 32.26 million shares or 0.98% less from 32.58 million shares in 2016Q3 were reported.

Sei holds 0.02% in Chatham Lodging Trust (NYSE:CLDT) or 200,291 shares. Aew Capital Mngmt Ltd Partnership holds 0.74% of its portfolio in Chatham Lodging Trust (NYSE:CLDT) for 1.50 million shares. Credit Agricole S A has invested 0% in Chatham Lodging Trust (NYSE:CLDT). Bnp Paribas Arbitrage holds 0% or 12,060 shares in its portfolio. Blackrock Lc reported 168,883 shares or 0% of all its holdings. Omers Administration has invested 0.01% of its portfolio in Chatham Lodging Trust (NYSE:CLDT). Moreover, Alliancebernstein Lp has 0% invested in Chatham Lodging Trust (NYSE:CLDT). Us Bankshares De has 0% invested in Chatham Lodging Trust (NYSE:CLDT) for 1,195 shares. Dimensional Fund Lp invested in 467,578 shares or 0% of the stock. Commonwealth Equity Inc invested in 12,455 shares or 0% of the stock. 319,218 were reported by Blackrock Group Ltd. 28,716 were reported by Metropolitan Life Ins. Panagora Asset Mgmt accumulated 1,221 shares or 0% of the stock. Janus Management Limited Liability Corp reported 426,239 shares. California State Teachers Retirement System invested in 77,401 shares.

How Janney Capital Currently Rates Chatham Lodging Trust (NYSE:CLDT)

Analysts at Janney Capital has initiated coverage on Chatham Lodging Trust (NYSE:CLDT) with Neutral rating. This was published in a research note on Friday, 15 September.

Investors sentiment decreased to 1.16 in Q4 2016. Its down 0.24, from 1.4 in 2016Q3. It dived, as 13 investors sold Chatham Lodging Trust shares while 43 reduced holdings. 20 funds opened positions while 45 raised stakes. 32.26 million shares or 0.98% less from 32.58 million shares in 2016Q3 were reported.

Sei holds 0.02% in Chatham Lodging Trust (NYSE:CLDT) or 200,291 shares. Aew Capital Mngmt Ltd Partnership holds 0.74% of its portfolio in Chatham Lodging Trust (NYSE:CLDT) for 1.50 million shares. Credit Agricole S A has invested 0% in Chatham Lodging Trust (NYSE:CLDT). Bnp Paribas Arbitrage holds 0% or 12,060 shares in its portfolio. Blackrock Lc reported 168,883 shares or 0% of all its holdings. Omers Administration has invested 0.01% of its portfolio in Chatham Lodging Trust (NYSE:CLDT). Moreover, Alliancebernstein Lp has 0% invested in Chatham Lodging Trust (NYSE:CLDT). Us Bankshares De has 0% invested in Chatham Lodging Trust (NYSE:CLDT) for 1,195 shares. Dimensional Fund Lp invested in 467,578 shares or 0% of the stock. Commonwealth Equity Inc invested in 12,455 shares or 0% of the stock. 319,218 were reported by Blackrock Group Ltd. 28,716 were reported by Metropolitan Life Ins. Panagora Asset Mgmt accumulated 1,221 shares or 0% of the stock. Janus Management Limited Liability Corp reported 426,239 shares. California State Teachers Retirement System invested in 77,401 shares.

Chatham Lodging Trust (NYSE:CLDT) Ratings Coverage

Among 8 analysts covering Chatham Lodging (NYSE:CLDT), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. Chatham Lodging has $35 highest and $1900 lowest target. $23.07’s average target is 9.91% above currents $20.99 stock price. Chatham Lodging had 18 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was initiated by FBR Capital on Friday, November 20 with “Outperform”. On Thursday, August 4 the stock rating was maintained by SunTrust with “Neutral”. The stock of Chatham Lodging Trust (NYSE:CLDT) earned “Hold” rating by Stifel Nicolaus on Tuesday, March 29. The firm has “Mkt Perform” rating given on Tuesday, October 11 by FBR Capital. The company was upgraded on Monday, August 28 by JMP Securities. The firm has “Overweight” rating given on Wednesday, March 9 by Barclays Capital. As per Thursday, August 4, the company rating was downgraded by FBR Capital. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, July 17. The rating was maintained by FBR Capital with “Mkt Perform” on Monday, November 7. JMP Securities maintained the shares of CLDT in report on Tuesday, August 11 with “Market Outperform” rating.

The stock increased 0.24% or $0.05 on September 15, reaching $20.99. About 689,698 shares traded or 99.63% up from the average. Chatham Lodging Trust (NYSE:CLDT) has declined 7.78% since September 17, 2016 and is downtrending. It has underperformed by 24.48% the S&P500.

Wall Street await Chatham Lodging Trust (NYSE:CLDT) to release earnings on November, 2. Analysts forecast EPS of $0.67, down exactly $0.04 or 5.63 % from 2014’s $0.71 EPS. The expected CLDT’s profit could reach $26.29M giving the stock 7.83 P/E in the case that $0.67 earnings per share is reported. After posting $0.65 EPS for the previous quarter, Chatham Lodging Trust’s analysts now forecast 3.08 % EPS growth.

Chatham Lodging Trust is a real estate investment trust. The company has market cap of $823.57 million. The Firm invests primarily in upscale extended-stay and premium-branded select-service hotels. It has a 31.94 P/E ratio. All of the Company’s assets are held by, and all of its activities are conducted through Chatham Lodging, L.P. .

More notable recent Chatham Lodging Trust (NYSE:CLDT) news were published by: Seekingalpha.com which released: “Chatham Lodging’s (CLDT) CEO Jeff Fisher on Q2 2017 Results – Earnings Call …” on August 02, 2017, also Seekingalpha.com with their article: “Chatham Lodging Trust’s (CLDT) CEO Jeffrey Fisher on Q1 2017 Results …” published on May 09, 2017, Nasdaq.com published: “Aew Capital Management LP Buys Macerich Co, Sells Chatham Lodging Trust …” on August 05, 2017. More interesting news about Chatham Lodging Trust (NYSE:CLDT) were released by: Seekingalpha.com and their article: “Chatham Lodging, With No Dividend Raises, Is On the Clock” published on September 15, 2017 as well as Seekingalpha.com‘s news article titled: “Chatham Lodging Will Pay You Towering Rent To Move In With It” with publication date: January 24, 2017.

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