Wells Fargo & Company Cuts Pebblebrook Hotel Trust (NYSE:PEB) Price Target to $12.00

Pebblebrook Hotel Trust (NYSE:PEB) had its price target trimmed by Wells Fargo & Company from $13.00 to $12.00 in a report released on Tuesday,Benzinga reports. The firm currently has an equal weight rating on the real estate investment trust’s stock.

Other equities analysts have also issued reports about the stock. Citigroup raised their target price on shares of Pebblebrook Hotel Trust from $10.00 to $13.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Truist Financial upped their price target on shares of Pebblebrook Hotel Trust from $11.00 to $12.00 and gave the company a “hold” rating in a research report on Monday, January 12th. Wall Street Zen upgraded shares of Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research note on Saturday, February 28th. Zacks Research upgraded shares of Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 17th. Finally, Barclays initiated coverage on shares of Pebblebrook Hotel Trust in a report on Tuesday, January 6th. They issued an “underweight” rating and a $10.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, seven have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average price target of $12.17.

Pebblebrook Hotel Trust Stock Down 0.7%

PEB opened at $12.68 on Tuesday. The business’s 50-day simple moving average is $12.32 and its 200-day simple moving average is $11.61. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.09 and a current ratio of 1.09. Pebblebrook Hotel Trust has a one year low of $7.41 and a one year high of $13.35. The stock has a market capitalization of $1.44 billion, a P/E ratio of -13.93 and a beta of 1.48.

Pebblebrook Hotel Trust (NYSE:PEB) last announced its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 return on equity of 2.88% and a negative net margin of 5.18%.During the same period in the prior year, the firm earned $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. Analysts anticipate that Pebblebrook Hotel Trust will post 1.5 EPS for the current year.

Pebblebrook Hotel Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Tuesday, March 31st. Pebblebrook Hotel Trust’s dividend payout ratio is -4.40%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Hsbc Holdings PLC boosted its holdings in Pebblebrook Hotel Trust by 20.4% in the 4th quarter. Hsbc Holdings PLC now owns 191,233 shares of the real estate investment trust’s stock valued at $2,165,000 after purchasing an additional 32,440 shares in the last quarter. Corient Private Wealth LLC raised its stake in shares of Pebblebrook Hotel Trust by 3.8% during the 4th quarter. Corient Private Wealth LLC now owns 76,657 shares of the real estate investment trust’s stock worth $868,000 after buying an additional 2,778 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Pebblebrook Hotel Trust by 19.5% in the 4th quarter. Invesco Ltd. now owns 804,021 shares of the real estate investment trust’s stock valued at $9,102,000 after buying an additional 131,316 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Pebblebrook Hotel Trust by 20.3% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 34,147 shares of the real estate investment trust’s stock valued at $387,000 after buying an additional 5,771 shares during the period. Finally, NewEdge Advisors LLC purchased a new stake in shares of Pebblebrook Hotel Trust in the fourth quarter valued at approximately $545,000.

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.