Chatham Lodging Trust (CLDT) Shareholder Advantus Capital Management Trimmed Position by $344,400; Sather Financial Group Position in International Business Machs (IBM) Trimmed by $536,355 as Market Valuation Declined

January 13, 2018 - By Stephen Andrade

Advantus Capital Management Inc decreased its stake in Chatham Lodging Trust (CLDT) by 34.82% based on its latest 2017Q3 regulatory filing with the SEC. Advantus Capital Management Inc sold 16,400 shares as the company’s stock declined 6.09% while stock markets rallied. The institutional investor held 30,698 shares of the real estate investment trusts company at the end of 2017Q3, valued at $654,000, down from 47,098 at the end of the previous reported quarter. Advantus Capital Management Inc who had been investing in Chatham Lodging Trust for a number of months, seems to be less bullish one the $1.03B market cap company. The stock decreased 1.01% or $0.23 during the last trading session, reaching $22.6. About 204,428 shares traded. Chatham Lodging Trust (NYSE:CLDT) has declined 7.78% since January 13, 2017 and is downtrending. It has underperformed by 24.48% the S&P500.

Sather Financial Group Inc decreased its stake in International Business Machs (IBM) by 7.13% based on its latest 2017Q3 regulatory filing with the SEC. Sather Financial Group Inc sold 3,699 shares as the company’s stock declined 15.88% while stock markets rallied. The institutional investor held 48,153 shares of the computer manufacturing company at the end of 2017Q3, valued at $6.99 million, down from 51,852 at the end of the previous reported quarter. Sather Financial Group Inc who had been investing in International Business Machs for a number of months, seems to be less bullish one the $151.03 billion market cap company. The stock decreased 0.65% or $1.06 during the last trading session, reaching $163.14. About 5.03 million shares traded. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since January 13, 2017 and is uptrending. It has underperformed by 11.84% the S&P500.

Investors sentiment increased to 0.74 in 2017 Q3. Its up 0.02, from 0.72 in 2017Q2. It increased, as 70 investors sold IBM shares while 676 reduced holdings. 100 funds opened positions while 451 raised stakes. 519.10 million shares or 2.22% less from 530.91 million shares in 2017Q2 were reported. Capstone Investment Advsr Ltd Liability Corporation stated it has 0% in International Business Machines Corporation (NYSE:IBM). Johnson Group Inc holds 0.41% in International Business Machines Corporation (NYSE:IBM) or 21,335 shares. Banque Pictet Cie Sa has invested 0.04% of its portfolio in International Business Machines Corporation (NYSE:IBM). Benin Management accumulated 3,732 shares. Lazard Asset Mgmt Ltd Liability reported 101,601 shares. Mcdaniel Terry has 0.1% invested in International Business Machines Corporation (NYSE:IBM). Shine Investment Advisory Services owns 360 shares or 0.03% of their US portfolio. Bremer Trust Association holds 0.12% or 3,043 shares. Cipher Capital Limited Partnership holds 0.44% or 40,366 shares. Gabelli Funds Limited Liability Com holds 0.07% or 79,000 shares. Blue Chip Ptnrs reported 25,289 shares. Torray Ltd Liability reported 103,869 shares or 1.49% of all its holdings. Wellington Shields & Limited Liability owns 30,440 shares for 1.46% of their portfolio. Bnp Paribas Asset Mngmt holds 0.21% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 172,553 shares. Rhumbline Advisers accumulated 1.54M shares.

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on January, 18. They expect $5.16 EPS, up 2.99% or $0.15 from last year’s $5.01 per share. IBM’s profit will be $4.78 billion for 7.90 P/E if the $5.16 EPS becomes a reality. After $3.30 actual EPS reported by International Business Machines Corporation for the previous quarter, Wall Street now forecasts 56.36% EPS growth.

Among 31 analysts covering International Business Machines (NYSE:IBM), 11 have Buy rating, 5 Sell and 15 Hold. Therefore 35% are positive. International Business Machines had 113 analyst reports since July 21, 2015 according to SRatingsIntel. Citigroup maintained the stock with “Neutral” rating in Wednesday, October 18 report. The rating was maintained by Drexel Hamilton with “Buy” on Tuesday, July 19. The company was initiated on Friday, October 9 by Drexel Hamilton. Stifel Nicolaus maintained the shares of IBM in report on Friday, January 8 with “Buy” rating. On Thursday, August 31 the stock rating was maintained by RBC Capital Markets with “Hold”. The rating was initiated by Berenberg with “Sell” on Tuesday, April 4. The company was upgraded on Thursday, February 18 by Morgan Stanley. RBC Capital Markets maintained International Business Machines Corporation (NYSE:IBM) rating on Friday, January 15. RBC Capital Markets has “Sector Perform” rating and $145.0 target. As per Wednesday, August 23, the company rating was maintained by Morgan Stanley. The company was maintained on Wednesday, July 12 by Jefferies.

Sather Financial Group Inc, which manages about $361.65 million and $365.11M US Long portfolio, upped its stake in Union Pac Corp (NYSE:UNP) by 5,345 shares to 141,780 shares, valued at $16.44 million in 2017Q3, according to the filing. It also increased its holding in Nike Inc (NYSE:NKE) by 12,156 shares in the quarter, for a total of 169,358 shares, and has risen its stake in Syntel Inc (NASDAQ:SYNT).

Investors sentiment decreased to 1.31 in 2017 Q3. Its down 0.32, from 1.63 in 2017Q2. It fall, 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. Quantitative Systematic Strategies Llc holds 0.09% or 16,142 shares in its portfolio. Ameriprise invested in 214,283 shares or 0% of the stock. Amer Gp Inc invested in 0% or 30,118 shares. Guggenheim Capital Ltd Limited Liability Company holds 0% or 92,346 shares in its portfolio. Tiaa Cref Investment Management Limited Liability, a New York-based fund reported 123,203 shares. Systematic Financial Limited Partnership stated it has 0.03% in Chatham Lodging Trust (NYSE:CLDT). Citadel Advsrs Ltd Liability Com holds 92,733 shares or 0% of its portfolio. Clearbridge Investments Ltd owns 600 shares. Wellington Mgmt Gp Llp holds 0% or 16,280 shares in its portfolio. State Board Of Administration Of Florida Retirement Systems has 0% invested in Chatham Lodging Trust (NYSE:CLDT) for 38,775 shares. 12,700 were reported by Bessemer Grp Inc Inc. Moreover, New York State Teachers Retirement Systems has 0% invested in Chatham Lodging Trust (NYSE:CLDT). Manufacturers Life The stated it has 29,570 shares or 0% of all its holdings. Forward Mngmt Ltd Llc holds 3.68% or 1.54 million shares in its portfolio. Eqis Cap Mgmt Inc invested in 0.01% or 11,780 shares.

Advantus Capital Management Inc, which manages about $27.77 billion and $3.85B US Long portfolio, upped its stake in Dominion Energy Inc (NYSE:D) by 13,534 shares to 98,948 shares, valued at $7.61M in 2017Q3, according to the filing. It also increased its holding in South Jersey Industries Inc (NYSE:SJI) by 21,500 shares in the quarter, for a total of 81,886 shares, and has risen its stake in Alexandria Real Estate Equities Inc (NYSE:ARE).

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 14.87 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.

Among 8 analysts covering Chatham Lodging (NYSE:CLDT), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. Chatham Lodging had 23 analyst reports since August 11, 2015 according to SRatingsIntel. The stock has “Hold” rating by Cantor Fitzgerald on Monday, November 20. The firm has “Overweight” rating by Barclays Capital given on Wednesday, March 9. The stock of Chatham Lodging Trust (NYSE:CLDT) earned “Hold” rating by Stifel Nicolaus on Tuesday, March 29. FBR Capital maintained it with “Mkt Perform” rating and $20 target in Monday, November 7 report. The firm has “Equal-Weight” rating by Barclays Capital given on Thursday, August 4. As per Monday, May 15, the company rating was maintained by FBR Capital. The rating was maintained by JMP Securities with “Market Outperform” on Tuesday, August 11. The stock of Chatham Lodging Trust (NYSE:CLDT) earned “Hold” rating by Stifel Nicolaus on Thursday, October 5. The rating was maintained by SunTrust on Thursday, August 4 with “Neutral”. Janney Capital initiated Chatham Lodging Trust (NYSE:CLDT) rating on Friday, September 15. Janney Capital has “Hold” rating and $21.0 target.

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