Pebblebrook Hotel Trust (NYSE:PEB) Raised to Strong-Buy at Zacks Research

Pebblebrook Hotel Trust (NYSE:PEB) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports.

A number of other research firms also recently issued reports on PEB. Cantor Fitzgerald lifted their price target on shares of Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the company a “neutral” rating in a research report on Tuesday, March 3rd. Morgan Stanley lifted 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 report on Friday, April 10th. Wall Street Zen upgraded shares of Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research report on Saturday, February 28th. Stifel Nicolaus lifted 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 report on Thursday, April 2nd. Finally, Truist Financial lifted 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 report on Tuesday, March 31st. Two investment 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 issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $12.42.

Pebblebrook Hotel Trust Price Performance

PEB stock opened at $14.14 on Wednesday. The firm 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 $14.23. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.83. The company has a market cap of $1.60 billion, a price-to-earnings ratio of -15.51 and a beta of 1.43.

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

Institutional Trading of Pebblebrook Hotel Trust

Several hedge funds and other institutional investors have recently bought and sold shares of PEB. Alyeska Investment Group L.P. grew its stake in Pebblebrook Hotel Trust by 56.4% in the 3rd quarter. Alyeska Investment Group L.P. now owns 6,268,902 shares of the real estate investment trust’s stock worth $71,403,000 after acquiring an additional 2,259,389 shares during the period. Millennium Management LLC grew its stake in shares of Pebblebrook Hotel Trust by 2,584.8% during 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 during the period. Woodline Partners LP increased its holdings in shares of 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 worth $35,889,000 after buying an additional 1,682,855 shares during the last quarter. Schonfeld Strategic Advisors LLC increased its holdings in shares of 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 worth $17,953,000 after buying an additional 1,375,207 shares during the last quarter. Finally, MetLife Investment Management LLC increased its holdings in shares of Pebblebrook Hotel Trust by 1,736.3% during the 4th quarter. MetLife Investment Management LLC now owns 1,322,264 shares of the real estate investment trust’s stock worth $14,968,000 after buying an additional 1,250,256 shares during the last quarter.

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.