Pebblebrook Hotel Trust (NYSE:PEB) Upgraded by Zacks Research to “Strong-Buy” Rating

Zacks Research upgraded shares of Pebblebrook Hotel Trust (NYSE:PEB) from a hold rating to a strong-buy rating in a report published on Wednesday,Zacks.com reports.

A number of other analysts have also recently commented on PEB. Barclays dropped their price target on shares of Pebblebrook Hotel Trust from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, April 7th. Truist Financial upped their price target on shares of Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the company a “hold” rating in a research note on Tuesday, March 31st. Weiss Ratings restated a “sell (d)” rating on shares of Pebblebrook Hotel Trust in a research note on Friday, March 27th. Stifel Nicolaus upped their price target on shares of Pebblebrook Hotel Trust from $14.25 to $14.50 and gave the company a “buy” rating in a research note on Thursday, April 2nd. Finally, Morgan Stanley upped their price target on shares of Pebblebrook Hotel Trust from $9.00 to $10.00 and gave the company an “underweight” rating in a research note on Friday, April 10th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, six have issued a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $12.42.

Pebblebrook Hotel Trust Trading Down 1.3%

Shares of PEB stock opened at $13.82 on Wednesday. The firm has a market cap of $1.57 billion, a P/E ratio of -15.18 and a beta of 1.43. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.83. The company has a 50 day moving average of $12.72 and a 200-day moving average of $11.77. Pebblebrook Hotel Trust has a 12-month low of $8.46 and a 12-month high of $14.15.

Pebblebrook Hotel Trust (NYSE:PEB) last announced its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.04. The company had revenue of $349.02 million for the quarter, compared to analysts’ expectations of $342.03 million. Pebblebrook Hotel Trust had a negative net margin of 5.18% and a negative return on equity of 2.88%. During the same period in the prior year, the company posted $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. Sell-side analysts anticipate that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current year.

Pebblebrook Hotel Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Tuesday, March 31st. Pebblebrook Hotel Trust’s dividend payout ratio is -4.40%.

Institutional Trading of Pebblebrook Hotel Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of PEB. AQR Capital Management LLC increased its holdings in shares of Pebblebrook Hotel Trust by 174.6% in the 1st quarter. AQR Capital Management LLC now owns 93,371 shares of the real estate investment trust’s stock worth $941,000 after buying an additional 59,367 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Pebblebrook Hotel Trust by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 71,002 shares of the real estate investment trust’s stock worth $719,000 after buying an additional 3,075 shares during the last quarter. Caxton Associates LLP bought a new position in shares of Pebblebrook Hotel Trust in the 1st quarter worth $310,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Pebblebrook Hotel Trust by 8.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 659,945 shares of the real estate investment trust’s stock worth $6,685,000 after buying an additional 48,640 shares during the last quarter. Finally, Creative Planning bought a new position in shares of Pebblebrook Hotel Trust in the 2nd quarter worth $176,000.

About Pebblebrook Hotel Trust

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.