Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $14.33 and last traded at $14.26, with a volume of 82916 shares. The stock had previously closed at $14.15.
Wall Street Analyst Weigh In
PEB has been the topic of several research reports. Wall Street Zen raised Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research note on Saturday, February 28th. Barclays decreased their target price on 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. LADENBURG THALM/SH SH initiated coverage on Pebblebrook Hotel Trust in a research note on Thursday, March 26th. They set a “neutral” rating and a $14.00 target price on the stock. Cantor Fitzgerald increased their target price on Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 3rd. Finally, Citigroup increased their target price on Pebblebrook Hotel Trust from $10.00 to $13.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, six have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, Pebblebrook Hotel Trust has an average rating of “Hold” and a consensus price target of $12.42.
View Our Latest Analysis on Pebblebrook Hotel Trust
Pebblebrook Hotel Trust Trading Up 0.6%
Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.04. Pebblebrook Hotel Trust had a negative return on equity of 2.88% and a negative net margin of 5.18%.The company had revenue of $349.02 million for the quarter, compared to the consensus estimate of $342.03 million. During the same quarter in the prior year, the business earned $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. Analysts anticipate that Pebblebrook Hotel Trust will post 1.49 EPS for the current year.
Pebblebrook Hotel Trust Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were issued a $0.01 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.3%. Pebblebrook Hotel Trust’s dividend payout ratio is presently -4.40%.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the business. Quadrant Capital Group LLC increased its holdings in shares of Pebblebrook Hotel Trust by 32.8% in the 4th quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 796 shares during the last quarter. Cullen Frost Bankers Inc. purchased a new position in shares of Pebblebrook Hotel Trust in the 4th quarter valued at about $38,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Pebblebrook Hotel Trust by 33.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,465 shares of the real estate investment trust’s stock valued at $39,000 after acquiring an additional 865 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in shares of Pebblebrook Hotel Trust by 188.0% in the 4th quarter. Hantz Financial Services Inc. now owns 5,049 shares of the real estate investment trust’s stock valued at $57,000 after acquiring an additional 3,296 shares during the last quarter. Finally, Pensionfund Sabic purchased a new position in shares of Pebblebrook Hotel Trust in the 4th quarter valued at about $72,000.
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.
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