Crow Point Partners Has Decreased Its Chatham Lodging Trust (CLDT) Stake; 7 Bullish Analysts Covering Algonquin Power & Utilities Corp. (TSE:AQN)

Among 8 analysts covering Algonquin Power & Utilities Corp (TSE:AQN), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Algonquin Power & Utilities Corp has $16.50 highest and $11 lowest target. $14.25’s average target is 10.72% above currents $12.87 stock price. Algonquin Power & Utilities Corp had 22 analyst reports since August 14, 2015 according to SRatingsIntel. The company was maintained on Monday, February 27 by JP Morgan. National Bank Canada downgraded the shares of AQN in report on Wednesday, January 27 to “Sector Perform” rating. TD Securities reinitiated it with “Buy” rating and $12 target in Thursday, December 3 report. The firm has “Sector Perform” rating given on Friday, August 14 by National Bank Canada. The rating was reinitiated by National Bank Canada with “Outperform” on Thursday, December 3. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, March 3 report. The firm earned “Outperform” rating on Thursday, September 22 by Raymond James. The stock of Algonquin Power & Utilities Corp. (TSE:AQN) earned “Outperform” rating by BMO Capital Markets on Wednesday, December 6. BMO Capital Markets maintained it with “Outperform” rating and $15 target in Friday, March 3 report. The firm has “Outperform” rating given on Friday, March 3 by Scotia Capital. See Algonquin Power & Utilities Corp. (TSE:AQN) latest ratings:

06/12/2017 Broker: BMO Capital Markets Rating: Outperform New Target: $16.00 Maintain
06/12/2017 Broker: National Bank Canada Rating: Outperform Old Target: $16.00 New Target: $16.50 Target Up

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 $899.56M valuation. The stock increased 1.79% or $0.35 during the last trading session, reaching $19.85. About 592,762 shares traded or 66.24% up from the average. Chatham Lodging Trust (NYSE:CLDT) has declined 7.78% since March 19, 2017 and is downtrending. It has underperformed by 24.48% the S&P500.

Investors sentiment increased to 2.29 in 2017 Q3. Its up 0.98, from 1.31 in 2017Q2. It increased, 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. Menta Cap Limited Company owns 10,023 shares. The California-based California State Teachers Retirement System has invested 0% in Chatham Lodging Trust (NYSE:CLDT). Renaissance Tech Lc holds 539,400 shares or 0.01% of its portfolio. Citigroup holds 0% of its portfolio in Chatham Lodging Trust (NYSE:CLDT) for 75,778 shares. Globeflex Capital Limited Partnership holds 0.03% of its portfolio in Chatham Lodging Trust (NYSE:CLDT) for 4,558 shares. 3.33 million are held by Fuller Thaler Asset Mngmt. Stifel Finance Corp holds 0.04% or 495,987 shares in its portfolio. Ubs Asset Americas reported 71,192 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Corp invested 0.02% of its portfolio in Chatham Lodging Trust (NYSE:CLDT). Royal Financial Bank Of Canada has invested 0% in Chatham Lodging Trust (NYSE:CLDT). Texas Permanent School Fund has invested 0.01% in Chatham Lodging Trust (NYSE:CLDT). Next Fincl reported 250 shares or 0% of all its holdings. 39,759 were reported by Teachers Insur Annuity Association Of America. Prudential Financial has 0.02% invested in Chatham Lodging Trust (NYSE:CLDT). Foster & Motley reported 132,682 shares.

Since February 28, 2018, it had 4 insider buys, and 0 sales for $270,485 activity. FISHER JEFFREY H also bought $101,640 worth of Chatham Lodging Trust (NYSE:CLDT) on Wednesday, February 28. Shares for $36,600 were bought by Willis Peter on Wednesday, February 28. 2,215 shares were bought by CRAVEN DENNIS M, worth $40,645. GOLDSMITH C GERALD bought $91,600 worth of stock.

Analysts await Chatham Lodging Trust (NYSE:CLDT) to report earnings on May, 8. They expect $0.35 earnings per share, down 25.53% or $0.12 from last year’s $0.47 per share. CLDT’s profit will be $15.86M for 14.18 P/E if the $0.35 EPS becomes a reality. After $0.38 actual earnings per share reported by Chatham Lodging Trust for the previous quarter, Wall Street now forecasts -7.89% negative EPS growth.

Among 9 analysts covering Chatham Lodging (NYSE:CLDT), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. Chatham Lodging had 27 analyst reports since August 11, 2015 according to SRatingsIntel. FBR Capital maintained Chatham Lodging Trust (NYSE:CLDT) on Monday, November 7 with “Mkt Perform” rating. The stock of Chatham Lodging Trust (NYSE:CLDT) earned “Market Outperform” rating by JMP Securities on Monday, August 28. On Wednesday, November 1 the stock rating was maintained by Barclays Capital with “Equal-Weight”. The firm has “Hold” rating given on Friday, September 15 by Janney Capital. FBR Capital initiated it with “Outperform” rating and $27.0 target in Friday, November 20 report. Cantor Fitzgerald downgraded the stock to “Hold” rating in Wednesday, October 12 report. As per Wednesday, September 6, the company rating was maintained by Stifel Nicolaus. As per Tuesday, March 29, the company rating was reinitiated by Stifel Nicolaus. SunTrust maintained Chatham Lodging Trust (NYSE:CLDT) rating on Thursday, August 4. SunTrust has “Neutral” rating and $19 target. Stifel Nicolaus maintained it with “Hold” rating and $19.5000 target in Wednesday, August 2 report.

Algonquin Power & Utilities Corp., through its subsidiaries, engages in the generation, transmission, and distribution of utility assets in North America. The company has market cap of $5.57 billion. The firm generates and sells electrical energy through a portfolio of non-regulated renewable and clean energy power generation facilities. It has a 41.25 P/E ratio. It owns or has interests in hydroelectric facilities with a combined generating capacity of approximately 120 megawatts ; wind powered generating facilities with a combined generating capacity of 1,050 MW; and solar energy facilities with a combined generating capacity of 40 MW, as well as interests in thermal energy facilities with a combined generating capacity of 335 MW.

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