Crow Point Partners Has Lowered By $12.60 Million Its Chatham Lodging Trust (CLDT) Position; Ownertel (OTEL) Has 1 Sentiment

Crow Point Partners Llc decreased Chatham Lodging Trust (CLDT) stake by 66.67% reported in 2017Q3 SEC filing. Crow Point Partners Llc sold 600,000 shares as Chatham Lodging Trust (CLDT)’s stock declined 6.09%. The Crow Point Partners Llc holds 300,000 shares with $6.40 million value, down from 900,000 last quarter. Chatham Lodging Trust now has $945.17M valuation. The stock increased 0.43% or $0.09 during the last trading session, reaching $20.84. About 161,045 shares traded. Chatham Lodging Trust (NYSE:CLDT) has declined 7.78% since February 16, 2017 and is downtrending. It has underperformed by 24.48% the S&P500.

Otelco Inc. provides a range of telecommunications services on a retail and wholesale basis. The company has market cap of $53.71 million. Otelco Inc., together with its subsidiaries, provides a range of telecommunication services on a retail and wholesale basis. It has a 9.77 P/E ratio. It offers local services, including voice access lines that provide local dial tone and calling features, such as caller identification, call waiting, call forwarding, and voicemail; long distance services; billing and collection services for other carriers under contract; directory advertising services; and other telephone related services comprising leasing, selling, installing, and maintaining customer premise telecommunications equipment, as well as the publication of local telephone directories and wireline voice telephone services.

Investors sentiment decreased to 1.31 in Q3 2017. Its down 0.32, from 1.63 in 2017Q2. It dived, as 14 investors sold CLDT shares while 37 reduced holdings. 19 funds opened positions while 48 raised stakes. 34.14 million shares or 6.89% more from 31.94 million shares in 2017Q2 were reported. 10,182 were accumulated by Sei Invs. Qs Investors Ltd Company holds 0.01% or 54,817 shares. Manufacturers Life Insur Company The reported 29,570 shares. Forward Management Ltd Liability Com invested in 1.54M shares or 3.68% of the stock. Citigroup holds 75,778 shares or 0% of its portfolio. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Mgmt owns 0.02% invested in Chatham Lodging Trust (NYSE:CLDT) for 98,602 shares. 135,400 were accumulated by Axa. Advantus Capital Management, a Minnesota-based fund reported 30,698 shares. 913 were reported by Parkside Fin Bank And Trust. Martingale Asset Mgmt LP accumulated 0% or 15,200 shares. Menta Limited Company holds 0.03% or 10,023 shares. Credit Agricole S A owns 24,622 shares for 0% of their portfolio. Foster Motley owns 132,682 shares. Arizona State Retirement Sys holds 0.01% or 20,400 shares in its portfolio. 38,775 were reported by State Board Of Administration Of Florida Retirement.

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. $23.19’s average target is 11.28% above currents $20.84 stock price. Chatham Lodging had 23 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Chatham Lodging Trust (NYSE:CLDT) has “Market Perform” rating given on Thursday, August 4 by FBR Capital. JMP Securities maintained Chatham Lodging Trust (NYSE:CLDT) rating on Tuesday, August 11. JMP Securities has “Market Outperform” rating and $35 target. Barclays Capital downgraded the stock to “Equal-Weight” rating in Thursday, August 4 report. The firm has “Buy” rating given on Friday, January 8 by BB&T Capital. FBR Capital maintained it with “Mkt Perform” rating and $22 target in Tuesday, October 11 report. The stock has “Market Outperform” rating by JMP Securities on Monday, August 28. The rating was initiated by Janney Capital on Friday, September 15 with “Hold”. Barclays Capital maintained the shares of CLDT in report on Wednesday, March 9 with “Overweight” rating. The firm has “Hold” rating given on Wednesday, October 12 by Cantor Fitzgerald. FBR Capital maintained Chatham Lodging Trust (NYSE:CLDT) on Monday, May 15 with “Hold” rating.

Analysts await Chatham Lodging Trust (NYSE:CLDT) to report earnings on February, 28. They expect $0.38 earnings per share, down 13.64% or $0.06 from last year’s $0.44 per share. CLDT’s profit will be $17.23 million for 13.71 P/E if the $0.38 EPS becomes a reality. After $0.68 actual earnings per share reported by Chatham Lodging Trust for the previous quarter, Wall Street now forecasts -44.12% negative EPS growth.

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