Shares of Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $11.53 and traded as high as $12.98. Pebblebrook Hotel Trust shares last traded at $12.7240, with a volume of 2,094,011 shares.
Wall Street Analyst Weigh In
PEB has been the subject of several research reports. Wall Street Zen raised shares of Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research report on Saturday, February 28th. Citigroup lifted their price target on shares of Pebblebrook Hotel Trust from $10.00 to $13.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Weiss Ratings restated a “sell (d)” rating on shares of Pebblebrook Hotel Trust in a research note on Monday, December 29th. Truist Financial raised their target price on Pebblebrook Hotel Trust from $11.00 to $12.00 and gave the stock a “hold” rating in a report on Monday, January 12th. Finally, Wells Fargo & Company boosted their price target on Pebblebrook Hotel Trust from $11.00 to $13.00 and gave the company an “equal weight” rating in a report on Monday, December 1st. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have assigned a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $12.09.
Read Our Latest Research Report on PEB
Pebblebrook Hotel Trust Trading Down 6.7%
Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) last issued its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.04. The company had revenue of $349.02 million during the quarter, compared to the consensus estimate 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 in the prior year, the firm 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. On average, sell-side analysts expect that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current fiscal year.
Pebblebrook Hotel Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.3%. The ex-dividend date was Wednesday, December 31st. Pebblebrook Hotel Trust’s dividend payout ratio is presently -4.40%.
Hedge Funds Weigh In On Pebblebrook Hotel Trust
Hedge funds have recently modified their holdings of the stock. Alyeska Investment Group L.P. grew its stake in Pebblebrook Hotel Trust by 11.1% during the fourth quarter. Alyeska Investment Group L.P. now owns 6,964,179 shares of the real estate investment trust’s stock valued at $78,835,000 after acquiring an additional 695,277 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Pebblebrook Hotel Trust by 13.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,180,800 shares of the real estate investment trust’s stock valued at $69,969,000 after purchasing an additional 711,042 shares during the last quarter. Millennium Management LLC grew its position in shares of Pebblebrook Hotel Trust by 46.1% during the fourth quarter. Millennium Management LLC now owns 3,158,256 shares of the real estate investment trust’s stock valued at $35,751,000 after purchasing an additional 997,119 shares in the last quarter. Woodline Partners LP grew its position in shares of Pebblebrook Hotel Trust by 114.6% during 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 purchasing an additional 1,682,855 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Pebblebrook Hotel Trust by 6.2% in the fourth quarter. Geode Capital Management LLC now owns 3,033,952 shares of the real estate investment trust’s stock worth $34,350,000 after purchasing an additional 177,466 shares during the last quarter.
About Pebblebrook Hotel Trust
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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