Pebblebrook Hotel Trust (NYSE:PEB) shares hit a new 52-week low during trading on Thursday . The stock traded as low as $31.19 and last traded at $31.29, with a volume of 72223 shares traded. The stock had previously closed at $32.11.

Several brokerages have commented on PEB. Robert W. Baird set a $38.00 price objective on shares of Pebblebrook Hotel Trust and gave the stock a “hold” rating in a report on Wednesday, October 10th. ValuEngine lowered shares of Pebblebrook Hotel Trust from a “buy” rating to a “hold” rating in a report on Thursday, August 2nd. Zacks Investment Research upgraded shares of Pebblebrook Hotel Trust from a “hold” rating to a “buy” rating and set a $43.00 price objective for the company in a report on Saturday, July 28th. Finally, Royal Bank of Canada restated a “buy” rating and issued a $40.00 price objective on shares of Pebblebrook Hotel Trust in a report on Wednesday, August 15th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $38.90.

The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $2.51 billion, a PE ratio of 12.19, a PEG ratio of 2.76 and a beta of 1.22.

Pebblebrook Hotel Trust (NYSE:PEB) last issued its quarterly earnings results on Wednesday, July 25th. The real estate investment trust reported $0.78 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.73 by $0.05. The company had revenue of $206.50 million during the quarter, compared to analyst estimates of $207.37 million. Pebblebrook Hotel Trust had a net margin of 15.71% and a return on equity of 7.99%. Pebblebrook Hotel Trust’s quarterly revenue was up .4% compared to the same quarter last year. During the same period last year, the business earned $0.75 EPS. On average, equities analysts expect that Pebblebrook Hotel Trust will post 2.64 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 15th. Investors of record on Friday, September 28th were given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 4.86%. The ex-dividend date of this dividend was Thursday, September 27th. Pebblebrook Hotel Trust’s dividend payout ratio (DPR) is 59.14%.

Hedge funds have recently made changes to their positions in the stock. Federated Investors Inc. PA grew its position in Pebblebrook Hotel Trust by 302.0% during the 1st quarter. Federated Investors Inc. PA now owns 4,100 shares of the real estate investment trust’s stock valued at $141,000 after purchasing an additional 3,080 shares during the last quarter. Assetmark Inc. grew its position in Pebblebrook Hotel Trust by 278.2% during the 2nd quarter. Assetmark Inc. now owns 4,168 shares of the real estate investment trust’s stock valued at $162,000 after purchasing an additional 3,066 shares during the last quarter. Integrated Investment Consultants LLC purchased a new stake in Pebblebrook Hotel Trust during the 2nd quarter valued at about $203,000. Campbell & CO Investment Adviser LLC purchased a new stake in Pebblebrook Hotel Trust during the 2nd quarter valued at about $213,000. Finally, Sheaff Brock Investment Advisors LLC purchased a new stake in Pebblebrook Hotel Trust during the 2nd quarter valued at about $219,000.

Pebblebrook Hotel Trust Company Profile (NYSE:PEB)

Pebblebrook Hotel Trust is a publicly traded real estate investment trust (“REIT”) organized to opportunistically acquire and invest primarily in upper upscale, full-service hotels located in urban markets in major gateway cities. The Company owns 28 hotels, with a total of 6,973 guest rooms. The Company owns hotels located in 9 states and the District of Columbia, including: Los Angeles, California (Beverly Hills, Santa Monica and West Hollywood); San Diego, California; San Francisco, California; Washington, DC; Coral Gables, Florida; Naples, Florida; Buckhead, Georgia; Boston, Massachusetts; Minneapolis, Minnesota; Portland, Oregon; Philadelphia, Pennsylvania; Nashville, Tennessee; Columbia River Gorge, Washington; and Seattle, Washington.

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