Zurcher Kantonalbank Zurich Cantonalbank Has $1.83 Million Stock Holdings in Pebblebrook Hotel Trust $PEB

Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Pebblebrook Hotel Trust (NYSE:PEB) by 54.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 161,642 shares of the real estate investment trust’s stock after acquiring an additional 57,280 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Pebblebrook Hotel Trust were worth $1,830,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in PEB. AQR Capital Management LLC raised its stake in shares of Pebblebrook Hotel Trust by 174.6% in the 1st quarter. AQR Capital Management LLC now owns 93,371 shares of the real estate investment trust’s stock valued at $941,000 after buying an additional 59,367 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Pebblebrook Hotel Trust by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 71,002 shares of the real estate investment trust’s stock valued at $719,000 after buying an additional 3,075 shares in the last quarter. Caxton Associates LLP acquired a new position in shares of Pebblebrook Hotel Trust in the 1st quarter valued at $310,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Pebblebrook Hotel Trust by 8.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 659,945 shares of the real estate investment trust’s stock valued at $6,685,000 after buying an additional 48,640 shares in the last quarter. Finally, Creative Planning acquired a new position in shares of Pebblebrook Hotel Trust in the 2nd quarter valued at $176,000.

Pebblebrook Hotel Trust Trading Up 1.5%

PEB opened at $14.17 on Tuesday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $1.61 billion, a PE ratio of -15.57 and a beta of 1.43. Pebblebrook Hotel Trust has a 1-year low of $8.69 and a 1-year high of $14.33. The firm has a 50-day moving average price of $12.90 and a two-hundred day moving average price of $11.93.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.04. The firm had revenue of $349.02 million during the quarter, compared to analysts’ expectations of $342.03 million. Pebblebrook Hotel Trust had a negative net margin of 5.18% and a negative return on equity of 2.88%. During the same quarter last year, the company posted $0.20 EPS. Pebblebrook Hotel Trust has set its Q1 2026 guidance at 0.190-0.230 EPS and its FY 2026 guidance at 1.500-1.620 EPS. As a group, equities analysts anticipate that Pebblebrook Hotel Trust will post 1.49 earnings per share for the current fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.3%. The ex-dividend date was Tuesday, March 31st. Pebblebrook Hotel Trust’s dividend payout ratio (DPR) is presently -4.40%.

Analyst Ratings Changes

PEB has been the subject of a number of recent analyst reports. Wall Street Zen upgraded shares of Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research report on Saturday, February 28th. Morgan Stanley increased their target price on shares of Pebblebrook Hotel Trust from $9.00 to $10.00 and gave the stock an “underweight” rating in a research report on Friday, April 10th. Cantor Fitzgerald increased their target price on shares of Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 3rd. Barclays dropped their target price on shares of Pebblebrook Hotel Trust from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, April 7th. Finally, LADENBURG THALM/SH SH initiated coverage on shares of Pebblebrook Hotel Trust in a research report on Thursday, March 26th. They set a “neutral” rating and a $14.00 target price for the company. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, six have given a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, Pebblebrook Hotel Trust currently has a consensus rating of “Hold” and an average target price of $12.58.

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.