Hsbc Holdings PLC Purchases 32,440 Shares of Pebblebrook Hotel Trust $PEB

Hsbc Holdings PLC increased its position in Pebblebrook Hotel Trust (NYSE:PEB) by 20.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 191,233 shares of the real estate investment trust’s stock after acquiring an additional 32,440 shares during the quarter. Hsbc Holdings PLC’s holdings in Pebblebrook Hotel Trust were worth $2,165,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Alyeska Investment Group L.P. raised its position in shares of Pebblebrook Hotel Trust by 56.4% in the third quarter. Alyeska Investment Group L.P. now owns 6,268,902 shares of the real estate investment trust’s stock valued at $71,403,000 after purchasing an additional 2,259,389 shares during the period. Millennium Management LLC grew its stake in Pebblebrook Hotel Trust by 2,584.8% in the 3rd quarter. Millennium Management LLC now owns 2,161,137 shares of the real estate investment trust’s stock valued at $24,615,000 after buying an additional 2,080,641 shares in the last quarter. Woodline Partners LP raised its holdings in Pebblebrook Hotel Trust by 114.6% during the 3rd quarter. Woodline Partners LP now owns 3,150,890 shares of the real estate investment trust’s stock valued at $35,889,000 after acquiring an additional 1,682,855 shares during the period. Schonfeld Strategic Advisors LLC raised its holdings in Pebblebrook Hotel Trust by 684.1% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 1,576,228 shares of the real estate investment trust’s stock valued at $17,953,000 after acquiring an additional 1,375,207 shares during the period. Finally, MetLife Investment Management LLC lifted its position in shares of Pebblebrook Hotel Trust by 1,736.3% during the fourth quarter. MetLife Investment Management LLC now owns 1,322,264 shares of the real estate investment trust’s stock worth $14,968,000 after acquiring an additional 1,250,256 shares in the last quarter.

Pebblebrook Hotel Trust Price Performance

Pebblebrook Hotel Trust stock traded up $0.17 during midday trading on Friday, hitting $18.16. 1,227,418 shares of the company’s stock were exchanged, compared to its average volume of 3,056,618. The company has a market cap of $2.06 billion, a P/E ratio of -22.71, a PEG ratio of 1.57 and a beta of 1.39. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.04 and a current ratio of 1.04. The stock has a 50-day moving average price of $16.71 and a two-hundred day moving average price of $13.97. Pebblebrook Hotel Trust has a 52-week low of $9.30 and a 52-week high of $19.75.

Pebblebrook Hotel Trust (NYSE:PEB) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported ($0.26) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.31) by $0.05. The firm had revenue of $345.66 million during the quarter, compared to the consensus estimate of $331.23 million. Pebblebrook Hotel Trust had a negative return on equity of 2.41% and a negative net margin of 4.18%.The company’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter last year, the company posted $0.16 EPS. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. On average, equities research analysts forecast that Pebblebrook Hotel Trust will post 1.6 earnings per share for the current year.

Pebblebrook Hotel Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, June 30th. Pebblebrook Hotel Trust’s payout ratio is currently -5.00%.

Wall Street Analysts Forecast Growth

PEB has been the subject of a number of analyst reports. Barclays raised their price target on Pebblebrook Hotel Trust from $9.00 to $13.00 and gave the stock an “underweight” rating in a report on Monday, June 1st. Stifel Nicolaus raised their target price on Pebblebrook Hotel Trust from $18.00 to $20.25 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Wells Fargo & Company lifted their target price on Pebblebrook Hotel Trust from $12.00 to $16.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Evercore set a $15.00 price target on shares of Pebblebrook Hotel Trust in a report on Monday, April 27th. Finally, Truist Financial boosted their price objective on shares of Pebblebrook Hotel Trust from $17.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, June 29th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, six have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, Pebblebrook Hotel Trust has an average rating of “Hold” and an average price target of $16.06.

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.