Chatham LodgingCLDT
About: Chatham Lodging Trust is a U.S.-based real estate investment trust that invests in upscale extended-stay hotels. The firm operates across various states in the U.S., including California, New York, Texas, Florida, Minnesota, Massachusetts, and Pennsylvania among others. Substantially all of the company's assets are held and operated by its Operating Partnership, Chatham Lodging, LP. Chatham Lodging LP and its subsidiaries lease the overall company's hotels. The firm operates through a single segment because of the similar economic characteristics of its hotels. Chatham's revenue streams include Room, Food and beverage, and Other. Room comprises the majority of total revenue. Chatham's hotels operate under brands which include, Hilton, Marriott, and Hyatt.
Employees: 17
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
450% more call options, than puts
Call options by funds: $33K | Put options by funds: $6K
0.2% less ownership
Funds ownership: 89.66% [Q2] → 89.46% (-0.2%) [Q3]
0% less capital invested
Capital invested by funds: $374M [Q2] → $373M (-$895K) [Q3]
4% less funds holding
Funds holding: 159 [Q2] → 153 (-6) [Q3]
19% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 54
27% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 22
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Alliance Global Partners Gaurav Mehta 55% 1-year accuracy 6 / 11 met price target | 31%upside $12 | Buy Initiated | 11 Dec 2024 |
Financial journalist opinion
