Deutsche Bank AG Acquires New Holdings in Pebblebrook Hotel Trust $PEB

Deutsche Bank AG acquired a new position in Pebblebrook Hotel Trust (NYSE:PEB) in the second quarter, Holdings Channel reports. The fund acquired 176,278 shares of the real estate investment trust’s stock, valued at approximately $3,422,000.

A number of other hedge funds also recently bought and sold shares of PEB. Alyeska Investment Group L.P. increased its holdings in shares of Pebblebrook Hotel Trust by 11.1% in the 4th 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 during the period. Price T Rowe Associates Inc. MD raised its position in shares of Pebblebrook Hotel Trust by 13.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,180,800 shares of the real estate investment trust’s stock worth $69,969,000 after acquiring an additional 711,042 shares in the last quarter. Millennium Management LLC lifted its stake in shares of Pebblebrook Hotel Trust by 46.1% during the 4th quarter. Millennium Management LLC now owns 3,158,256 shares of the real estate investment trust’s stock worth $35,751,000 after purchasing an additional 997,119 shares during the last quarter. Woodline Partners LP boosted its position in 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 boosted its position in Pebblebrook Hotel Trust by 6.2% during the fourth quarter. Geode Capital Management LLC now owns 3,033,952 shares of the real estate investment trust’s stock valued at $34,350,000 after purchasing an additional 177,466 shares in the last quarter.

Pebblebrook Hotel Trust Price Performance

Shares of PEB stock opened at $18.38 on Thursday. Pebblebrook Hotel Trust has a fifty-two week low of $9.99 and a fifty-two week high of $19.93. The firm has a market capitalization of $2.07 billion, a price-to-earnings ratio of -26.64, a PEG ratio of 1.26 and a beta of 1.40. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.34 and a current ratio of 1.34. The stock’s 50-day simple moving average is $18.70 and its 200-day simple moving average is $15.59.

Pebblebrook Hotel Trust (NYSE:PEB) last announced its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.68 EPS for the quarter, beating the consensus estimate of $0.12 by $0.56. The firm had revenue of $407.14 million during the quarter, compared to analyst estimates of $400.05 million. Pebblebrook Hotel Trust had a negative net margin of 3.11% and a negative return on equity of 1.83%. Pebblebrook Hotel Trust’s revenue was down .1% on a year-over-year basis. During the same period last year, the firm posted $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. As a group, equities analysts forecast that Pebblebrook Hotel Trust will post 1.7 earnings per share for the current fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.01 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.04 dividend on an annualized basis and a yield of 0.2%. Pebblebrook Hotel Trust’s dividend payout ratio is presently -5.80%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on PEB shares. Citigroup lifted their target price 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. Weiss Ratings upgraded shares of Pebblebrook Hotel Trust from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 7th. Morgan Stanley lifted their price objective on shares of Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the stock an “underweight” rating in a research report on Friday, July 17th. Cantor Fitzgerald lifted their price objective on shares of Pebblebrook Hotel Trust from $15.00 to $19.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. Finally, Zacks Research upgraded shares of Pebblebrook Hotel Trust from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 15th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $17.44.

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.