State Street Corp. Maintains Passive Stake in Chatham Lodging Trust
Ticker: CLDT-PA · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 1476045
| Field | Detail |
|---|---|
| Company | Chatham Lodging Trust (CLDT-PA) |
| Form Type | SC 13G/A |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amended-filing, passive-investment, REIT
TL;DR
**State Street still owns Chatham Lodging Trust shares, signaling stability.**
AI Summary
State Street Corporation, a major financial institution, filed an amended SC 13G/A on January 24, 2024, indicating its ownership of Chatham Lodging Trust (REIT) securities as of December 31, 2023. This filing updates their previous disclosure, confirming their continued passive investment in the real estate investment trust. For investors, this means a significant institutional holder maintains its position, which can signal stability and confidence in Chatham Lodging Trust's long-term prospects.
Why It Matters
This filing confirms a major institutional investor, State Street Corporation, continues to hold a significant, passive stake in Chatham Lodging Trust, signaling ongoing confidence in the company.
Risk Assessment
Risk Level: low — This filing is a routine update from a passive institutional investor and does not indicate any immediate risks or changes in company control.
Analyst Insight
Investors should view this as a routine update confirming a major institutional holder's continued, passive interest, suggesting stability rather than an immediate catalyst for price movement.
Key Numbers
- 16208T102 — CUSIP Number (identifies the specific securities of Chatham Lodging Trust)
- 04-2456637 — IRS Identification No. (identifies State Street Corporation)
- 005-85448 — SEC File Number (identifies Chatham Lodging Trust's registration with the SEC)
Key Players & Entities
- State Street Corporation (company) — the reporting person filing the SC 13G/A
- Chatham Lodging Trust (company) — the issuer of the securities being reported on
- REIT (company) — the title of the class of securities held by State Street Corporation
- 0000093751-24-000147 (dollar_amount) — accession number for the filing
- 12/31/2023 (date) — date of the event which required the filing of this statement
Forward-Looking Statements
- State Street Corporation will likely maintain its passive investment in Chatham Lodging Trust for the foreseeable future. (State Street Corporation) — high confidence, target: 12/31/2024
FAQ
What is the purpose of this specific SC 13G/A filing?
This SC 13G/A is an amended filing by State Street Corporation regarding its ownership of Chatham Lodging Trust securities, updating previous disclosures as of the event date of December 31, 2023, under Rule 13D-1(B).
Who is the reporting person in this filing?
The reporting person is State Street Corporation, with IRS Identification No. 04-2456637, located at 1 Congress Street, Suite 1, Boston, MA 02114.
What company's securities are being reported on in this filing?
The securities being reported on are those of Chatham Lodging Trust, a Real Estate Investment Trust (REIT), with CUSIP Number 16208T102.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 31, 2023.
Under which SEC rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13D-1(B), as indicated by the 'X' in the appropriate box on the cover page.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding Chatham Lodging Trust (CLDT-PA).