Ieq Capital LLC Buys Shares of 40,704 Pebblebrook Hotel Trust $PEB

Ieq Capital LLC purchased a new stake in shares of Pebblebrook Hotel Trust (NYSE:PEB) in the second quarter, according to its most recent filing with the SEC. The firm purchased 40,704 shares of the real estate investment trust’s stock, valued at approximately $790,000.

Several other institutional investors have also modified their holdings of PEB. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Pebblebrook Hotel Trust during the second quarter worth $1,906,000. Voss Capital LP acquired a new stake in Pebblebrook Hotel Trust in the fourth quarter valued at $4,897,000. Arrowstreet Capital Limited Partnership grew its holdings 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 purchasing an additional 736,078 shares during the last quarter. Legal & General Group Plc increased its position in shares of 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 buying an additional 317,573 shares in the last quarter. Finally, Donald Smith & CO. Inc. purchased a new position in shares of Pebblebrook Hotel Trust in the second quarter valued at $9,242,000.

Pebblebrook Hotel Trust Trading Down 0.3%

PEB stock opened at $18.32 on Friday. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.83. The company has a market cap of $2.07 billion, a price-to-earnings ratio of -26.54, a PEG ratio of 1.26 and a beta of 1.40. The business has a fifty day simple moving average of $18.68 and a 200-day simple moving average of $15.64. Pebblebrook Hotel Trust has a 52 week low of $9.99 and a 52 week high of $19.93.

Pebblebrook Hotel Trust (NYSE:PEB) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.56. The firm had revenue of $407.14 million for the quarter, compared to analysts’ expectations of $400.05 million. Pebblebrook Hotel Trust had a negative return on equity of 1.83% and a negative net margin of 3.11%.The firm’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.65 earnings per share. 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, equities research analysts expect that Pebblebrook Hotel Trust will post 1.7 EPS for the current year.

Pebblebrook Hotel Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued 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 dividend yield of 0.2%. Pebblebrook Hotel Trust’s payout ratio is presently -5.80%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Cantor Fitzgerald lifted their price target on Pebblebrook Hotel Trust from $15.00 to $19.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 11th. Stifel Nicolaus raised their target price on shares of Pebblebrook Hotel Trust from $20.25 to $21.25 and gave the company a “buy” rating in a report on Thursday, July 30th. Citigroup lifted their target price on shares of Pebblebrook Hotel Trust from $15.00 to $20.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 22nd. LADENBURG THALM/SH SH upped their price target on shares of Pebblebrook Hotel Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Finally, Morgan Stanley increased their price target on shares of Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the company an “underweight” rating in a research report on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $17.37.

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.