Stephens Inc. AR Invests $208,000 in Pebblebrook Hotel Trust (PEB) Stock

Stephens Inc. AR acquired a new stake in Pebblebrook Hotel Trust (NYSE:PEB) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,762 shares of the real estate investment trust’s stock, valued at approximately $208,000.

Other large investors have also recently bought and sold shares of the company. First Mercantile Trust Co. boosted its position in Pebblebrook Hotel Trust by 1.7% in the 2nd quarter. First Mercantile Trust Co. now owns 3,680 shares of the real estate investment trust’s stock valued at $119,000 after buying an additional 60 shares during the last quarter. SG Americas Securities LLC boosted its position in Pebblebrook Hotel Trust by 6.0% in the 2nd quarter. SG Americas Securities LLC now owns 4,401 shares of the real estate investment trust’s stock valued at $142,000 after buying an additional 249 shares during the last quarter. GAM Holding AG boosted its position in Pebblebrook Hotel Trust by 2.3% in the 2nd quarter. GAM Holding AG now owns 5,892 shares of the real estate investment trust’s stock valued at $190,000 after buying an additional 134 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in shares of Pebblebrook Hotel Trust by 8.6% during the second quarter. Nisa Investment Advisors LLC now owns 6,410 shares of the real estate investment trust’s stock worth $200,000 after purchasing an additional 510 shares during the last quarter. Finally, BB&T Corp bought a new position in shares of Pebblebrook Hotel Trust during the third quarter worth about $203,000.

Shares of Pebblebrook Hotel Trust (NYSE PEB) traded up $0.31 during mid-day trading on Friday, hitting $37.85. 220,814 shares of the stock traded hands, compared to its average volume of 542,065. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.56. Pebblebrook Hotel Trust has a twelve month low of $26.21 and a twelve month high of $38.28. The company has a market capitalization of $2,609.76, a PE ratio of 14.23, a price-to-earnings-growth ratio of 1.59 and a beta of 1.21.

Pebblebrook Hotel Trust (NYSE:PEB) last issued its quarterly earnings results on Monday, October 23rd. The real estate investment trust reported $0.80 EPS for the quarter, topping the consensus estimate of $0.31 by $0.49. Pebblebrook Hotel Trust had a net margin of 12.98% and a return on equity of 6.63%. The business had revenue of $201.80 million for the quarter, compared to analysts’ expectations of $198.11 million. During the same quarter last year, the company posted ($0.61) earnings per share. The company’s quarterly revenue was down 3.4% compared to the same quarter last year. equities research analysts expect that Pebblebrook Hotel Trust will post 2.51 earnings per share for the current fiscal year.

PEB has been the topic of several research analyst reports. BTIG Research raised shares of Pebblebrook Hotel Trust from a “neutral” rating to a “buy” rating and set a $40.00 price target on the stock in a research report on Friday, September 22nd. ValuEngine raised shares of Pebblebrook Hotel Trust from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Janney Montgomery Scott raised shares of Pebblebrook Hotel Trust from a “neutral” rating to a “buy” rating and increased their price target for the stock from $31.00 to $40.00 in a research report on Wednesday, September 27th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $35.00 price target on shares of Pebblebrook Hotel Trust in a research report on Wednesday, October 25th. Finally, Boenning Scattergood reaffirmed a “hold” rating on shares of Pebblebrook Hotel Trust in a research report on Monday, July 31st. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $35.94.

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Pebblebrook Hotel Trust Company Profile

Pebblebrook Hotel Trust is an internally managed hotel investment company. The Company is a real estate investment trust (REIT) that acquires and invests in hotel properties located primarily in cities of the United States. As of December 31, 2016, the Company owned 29 hotels with a total of 7,219 guest rooms.

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Institutional Ownership by Quarter for Pebblebrook Hotel Trust (NYSE:PEB)

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