Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $12.40 and traded as high as $14.94. Pebblebrook Hotel Trust shares last traded at $14.7950, with a volume of 771,397 shares traded.
Wall Street Analyst Weigh In
Several research analysts have recently commented on the company. Evercore set a $15.00 price target on Pebblebrook Hotel Trust in a research report on Monday, April 27th. BMO Capital Markets restated a “market perform” rating and set a $15.00 price target on shares of Pebblebrook Hotel Trust in a research report on Monday, May 4th. Morgan Stanley raised their price target on Pebblebrook Hotel Trust from $10.00 to $12.00 and gave the stock an “underweight” rating in a research report on Tuesday, May 12th. Stifel Nicolaus raised their price target on Pebblebrook Hotel Trust from $14.50 to $16.25 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Weiss Ratings upgraded Pebblebrook Hotel Trust from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $13.65.
Read Our Latest Stock Analysis on PEB
Pebblebrook Hotel Trust Stock Performance
Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported ($0.26) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.31) by $0.05. The business had revenue of $345.66 million for the quarter, compared to analysts’ expectations of $331.23 million. Pebblebrook Hotel Trust had a negative return on equity of 2.41% and a negative net margin of 4.18%.The company’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period last year, the firm earned $0.16 earnings per share. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. As a group, sell-side analysts expect that Pebblebrook Hotel Trust will post 1.54 earnings per share for the current fiscal year.
Pebblebrook Hotel Trust Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Tuesday, March 31st. Pebblebrook Hotel Trust’s dividend payout ratio (DPR) is presently -5.00%.
Institutional Trading of Pebblebrook Hotel Trust
Several hedge funds have recently modified their holdings of PEB. Alyeska Investment Group L.P. raised its stake in Pebblebrook Hotel Trust by 56.4% in the third quarter. Alyeska Investment Group L.P. now owns 6,268,902 shares of the real estate investment trust’s stock valued at $71,403,000 after buying an additional 2,259,389 shares in the last quarter. Millennium Management LLC raised its stake in Pebblebrook Hotel Trust by 2,584.8% in the third quarter. Millennium Management LLC now owns 2,161,137 shares of the real estate investment trust’s stock valued at $24,615,000 after buying an additional 2,080,641 shares in the last quarter. Woodline Partners LP raised its stake in Pebblebrook Hotel Trust by 114.6% in the third quarter. Woodline Partners LP now owns 3,150,890 shares of the real estate investment trust’s stock valued at $35,889,000 after buying an additional 1,682,855 shares in the last quarter. Schonfeld Strategic Advisors LLC raised its stake in Pebblebrook Hotel Trust by 684.1% in the third quarter. Schonfeld Strategic Advisors LLC now owns 1,576,228 shares of the real estate investment trust’s stock valued at $17,953,000 after buying an additional 1,375,207 shares in the last quarter. Finally, MetLife Investment Management LLC raised its stake in Pebblebrook Hotel Trust by 1,736.3% in the fourth quarter. MetLife Investment Management LLC now owns 1,322,264 shares of the real estate investment trust’s stock valued at $14,968,000 after buying an additional 1,250,256 shares in the last quarter.
Pebblebrook Hotel Trust Company Profile
Pebblebrook Hotel Trust (NYSE:PEB) is a real estate investment trust specializing in premium, high-barrier-to-entry hotel properties in gateway markets across the United States. Established in 2009, PEB focuses on lifestyle-oriented lodging assets that cater to business and leisure travelers seeking elevated experiences. The company’s investment strategy emphasizes select-service and full-service hotels with established brands and prime urban or resort locations.
PEB’s portfolio comprises more than 30 properties in major metropolitan areas including New York City, Los Angeles, Chicago, Miami and San Francisco.
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