Pebblebrook Hotel Trust $PEB Shares Acquired by Bayforest Capital Ltd

Bayforest Capital Ltd lifted its holdings in shares of Pebblebrook Hotel Trust (NYSE:PEB) by 36.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 52,852 shares of the real estate investment trust’s stock after buying an additional 13,981 shares during the period. Bayforest Capital Ltd’s holdings in Pebblebrook Hotel Trust were worth $528,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Harbor Capital Advisors Inc. boosted its holdings in Pebblebrook Hotel Trust by 122.1% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 2,514 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 1,382 shares in the last quarter. Aberdeen Group plc raised its stake in shares of Pebblebrook Hotel Trust by 4.3% during the 1st quarter. Aberdeen Group plc now owns 37,230 shares of the real estate investment trust’s stock worth $377,000 after buying an additional 1,534 shares in the last quarter. Journey Strategic Wealth LLC raised its stake in shares of Pebblebrook Hotel Trust by 18.4% during the 1st quarter. Journey Strategic Wealth LLC now owns 13,949 shares of the real estate investment trust’s stock worth $141,000 after buying an additional 2,172 shares in the last quarter. CWM LLC raised its stake in shares of Pebblebrook Hotel Trust by 324.2% during the 1st quarter. CWM LLC now owns 3,071 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 2,347 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Pebblebrook Hotel Trust by 3.5% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 86,828 shares of the real estate investment trust’s stock worth $880,000 after buying an additional 2,929 shares in the last quarter.

Pebblebrook Hotel Trust Price Performance

PEB stock opened at $10.74 on Wednesday. The firm has a 50 day moving average of $10.94 and a 200-day moving average of $10.07. Pebblebrook Hotel Trust has a 12-month low of $7.41 and a 12-month high of $15.12. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.82. The company has a market cap of $1.27 billion, a price-to-earnings ratio of -18.51 and a beta of 1.85.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its quarterly earnings results on Tuesday, July 29th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. Pebblebrook Hotel Trust had a negative net margin of 2.20% and a negative return on equity of 1.17%. The company had revenue of $407.54 million during the quarter, compared to the consensus estimate of $398.77 million. During the same period last year, the firm earned $0.69 EPS. The company’s revenue for the quarter was up 2.6% on a year-over-year basis. Pebblebrook Hotel Trust has set its Q3 2025 guidance at 0.450-0.510 EPS. FY 2025 guidance at 1.470-1.590 EPS. As a group, equities analysts expect that Pebblebrook Hotel Trust will post 1.5 EPS for the current fiscal year.

Pebblebrook Hotel Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Tuesday, September 30th. Pebblebrook Hotel Trust’s payout ratio is currently -6.90%.

Wall Street Analysts Forecast Growth

PEB has been the subject of a number of analyst reports. Weiss Ratings reissued a “sell (d+)” rating on shares of Pebblebrook Hotel Trust in a research note on Wednesday, October 8th. Evercore ISI increased their target price on Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the stock an “in-line” rating in a research note on Thursday, September 18th. Morgan Stanley reissued an “underweight” rating and set a $10.00 target price on shares of Pebblebrook Hotel Trust in a research note on Tuesday, July 15th. Cantor Fitzgerald initiated coverage on Pebblebrook Hotel Trust in a research note on Wednesday, October 1st. They set a “neutral” rating and a $12.00 target price for the company. Finally, Stifel Nicolaus set a $14.00 target price on Pebblebrook Hotel Trust in a research note on Wednesday, September 17th. One investment analyst has rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Pebblebrook Hotel Trust has a consensus rating of “Reduce” and a consensus price target of $12.20.

About Pebblebrook Hotel Trust

Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust ("REIT") and the largest owner of urban and resort lifestyle hotels and resorts in the United States. The Company owns 47 hotels and resorts, totaling approximately 12,200 guest rooms across 13 urban and resort markets.