WINTON GROUP Ltd acquired a new position in shares of Pebblebrook Hotel Trust (NYSE:PEB – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 147,800 shares of the real estate investment trust’s stock, valued at approximately $2,869,000. WINTON GROUP Ltd owned about 0.13% of Pebblebrook Hotel Trust as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Corient Private Wealth LP acquired a new position in Pebblebrook Hotel Trust during the 2nd quarter valued at about $1,511,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Pebblebrook Hotel Trust during the second quarter worth approximately $1,906,000. Voss Capital LP acquired a new position in Pebblebrook Hotel Trust in the fourth quarter valued at approximately $4,897,000. Arrowstreet Capital Limited Partnership boosted its stake in Pebblebrook Hotel Trust by 51.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,154,627 shares of the real estate investment trust’s stock valued at $27,213,000 after acquiring an additional 736,078 shares during the last quarter. Finally, Legal & General Group Plc boosted its stake in Pebblebrook Hotel Trust by 14.1% in the fourth quarter. Legal & General Group Plc now owns 2,566,267 shares of the real estate investment trust’s stock valued at $29,050,000 after acquiring an additional 317,573 shares during the last quarter.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on PEB. Citigroup increased their price target on Pebblebrook Hotel Trust from $15.00 to $20.00 and gave the company a “neutral” rating in a research note on Wednesday, July 22nd. Truist Financial upped their price objective on Pebblebrook Hotel Trust from $17.00 to $22.00 and gave the company a “buy” rating in a report on Monday, June 29th. Raymond James Financial reissued an “outperform” rating and issued a $18.00 target price on shares of Pebblebrook Hotel Trust in a research note on Monday, June 8th. Barclays decreased their target price on Pebblebrook Hotel Trust from $15.00 to $14.00 and set an “underweight” rating for the company in a research report on Thursday, August 27th. Finally, Zacks Research lowered shares of Pebblebrook Hotel Trust from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $17.37.
Pebblebrook Hotel Trust Stock Down 1.3%
Shares of Pebblebrook Hotel Trust stock opened at $17.84 on Friday. The firm has a market cap of $2.01 billion, a PE ratio of -25.85, a P/E/G ratio of 1.24 and a beta of 1.40. The business’s 50 day simple moving average is $18.49 and its 200 day simple moving average is $16.03. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.34 and a current ratio of 1.34. Pebblebrook Hotel Trust has a 52-week low of $9.99 and a 52-week high of $19.93.
Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.56. The company had revenue of $407.14 million during the quarter, compared to analysts’ expectations of $400.05 million. Pebblebrook Hotel Trust had a negative net margin of 3.11% and a negative return on equity of 1.83%. The business’s quarterly revenue was down .1% on a year-over-year basis. During the same period last year, the business earned $0.65 EPS. Pebblebrook Hotel Trust has set its Q3 2026 guidance at 0.480-0.520 EPS and its FY 2026 guidance at 1.690-1.760 EPS. On average, analysts predict that Pebblebrook Hotel Trust will post 1.7 earnings per share for the current fiscal year.
Pebblebrook Hotel Trust Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.04 annualized dividend and a yield of 0.2%. Pebblebrook Hotel Trust’s payout ratio is -5.80%.
Pebblebrook Hotel Trust 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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