Chesapeake Lodging Trust (NYSE:CHSP) Q3 2018 Sentiment

Sentiment for Chesapeake Lodging Trust (NYSE:CHSP)

Chesapeake Lodging Trust (NYSE:CHSP) institutional sentiment decreased to 1.05 in Q3 2018. Its down -0.17, from 1.22 in 2018Q2. The ratio has worsened, as 82 institutional investors started new or increased equity positions, while 78 sold and decreased positions in Chesapeake Lodging Trust. The institutional investors in our partner’s database now own: 58.76 million shares, up from 56.80 million shares in 2018Q2. Also, the number of institutional investors holding Chesapeake Lodging Trust in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 16 Reduced: 62 Increased: 51 New Position: 31.

Chesapeake Lodging Trust is an equity real estate investment trust. The company has market cap of $1.59 billion. The firm invests in the real estate markets of the United States. It has a 14.53 P/E ratio. It primarily invests in upper-upscale hotels in major business and convention markets and, on a selective basis, premium select-service hotels in urban settings or unique locations.

The stock increased 0.52% or $0.14 during the last trading session, reaching $26.88. About 275,645 shares traded. Chesapeake Lodging Trust (NYSE:CHSP) has risen 0.25% since January 12, 2018 and is uptrending. It has outperformed by 0.25% the S&P500.

Analysts await Chesapeake Lodging Trust (NYSE:CHSP) to report earnings on February, 21. They expect $0.51 earnings per share, up 6.25 % or $0.03 from last year’s $0.48 per share. CHSP’s profit will be $30.17 million for 13.18 P/E if the $0.51 EPS becomes a reality. After $0.65 actual earnings per share reported by Chesapeake Lodging Trust for the previous quarter, Wall Street now forecasts -21.54 % negative EPS growth.

Graybill Bartz & Assoc Ltd holds 2.57% of its portfolio in Chesapeake Lodging Trust for 110,654 shares. Heitman Real Estate Securities Llc owns 1.16 million shares or 1.91% of their US portfolio. Moreover, Barnett & Company Inc. has 0.94% invested in the company for 64,250 shares. The Massachusetts-based Cubic Asset Management Llc has invested 0.64% in the stock. Pensionfund Dsm Netherlands, a Netherlands-based fund reported 51,500 shares.

Since January 1, 0001, it had 0 buys, and 2 sales for $117,659 activity.

Chesapeake Lodging Trust (NYSE:CHSP) Ratings Coverage

Ratings analysis reveals 50% of Chesapeake Lodging’s analysts are positive. Out of 2 Wall Street analysts rating Chesapeake Lodging, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $28 while the high is $31. The stock’s average target of $29.50 is 9.75% above today’s ($26.88) share price. CHSP was included in 3 notes of analysts from July 30, 2018. The stock has “Neutral” rating by Robert W. Baird on Monday, July 30. On Friday, November 2 the stock rating was maintained by Wells Fargo with “Market Perform”. Robert W. Baird upgraded Chesapeake Lodging Trust (NYSE:CHSP) on Tuesday, January 8 to “Outperform” rating.

More notable recent Chesapeake Lodging Trust (NYSE:CHSP) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For May 14, 2018 – Benzinga” on May 14, 2018, also Businesswire.com with their article: “Chesapeake Lodging Trust to Participate in Deutsche Bank Gaming, Lodging, Leisure and Restaurants One-on-One Conference on Wednesday, November 28, 2018 in Miami Beach, Florida – Business Wire” published on September 24, 2018, Benzinga.com published: “How to Start Investing in Real Estate: Step-by-Step • Benzinga – Benzinga” on November 27, 2018. More interesting news about Chesapeake Lodging Trust (NYSE:CHSP) were released by: Businesswire.com and their article: “Chesapeake Lodging Trust Announces Rebranding of Denver City Center – Business Wire” published on September 14, 2017 as well as Zacks.com‘s news article titled: “Moving Average Crossover Alert: Chesapeake Lodging Trust – Zacks.com” with publication date: December 10, 2018.

Chesapeake Lodging Trust (NYSE:CHSP) Institutional Positions Chart

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