Voss Capital LP acquired a new position in shares of Pebblebrook Hotel Trust (NYSE:PEB – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 432,613 shares of the real estate investment trust’s stock, valued at approximately $4,897,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Martingale Asset Management L P raised its holdings in Pebblebrook Hotel Trust by 60.7% during the 4th quarter. Martingale Asset Management L P now owns 116,544 shares of the real estate investment trust’s stock worth $1,319,000 after buying an additional 44,000 shares during the period. Dynamic Technology Lab Private Ltd raised its holdings in Pebblebrook Hotel Trust by 37.2% during the 4th quarter. Dynamic Technology Lab Private Ltd now owns 29,221 shares of the real estate investment trust’s stock worth $330,000 after buying an additional 7,916 shares during the period. Macquarie Group Ltd. raised its holdings in Pebblebrook Hotel Trust by 8.0% during the 4th quarter. Macquarie Group Ltd. now owns 61,089 shares of the real estate investment trust’s stock worth $692,000 after buying an additional 4,518 shares during the period. Quadrant Capital Group LLC raised its holdings in Pebblebrook Hotel Trust by 32.8% during the 4th quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 796 shares during the period. Finally, Federation des caisses Desjardins du Quebec raised its holdings in Pebblebrook Hotel Trust by 26.7% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 9,346 shares of the real estate investment trust’s stock worth $106,000 after buying an additional 1,972 shares during the period.
Wall Street Analyst Weigh In
Several research firms have issued reports on PEB. Wells Fargo & Company boosted their price objective on Pebblebrook Hotel Trust from $12.00 to $16.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Stifel Nicolaus upped their target price on Pebblebrook Hotel Trust from $14.50 to $16.25 and gave the company a “buy” rating in a report on Wednesday, April 29th. Weiss Ratings upgraded Pebblebrook Hotel Trust from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, April 29th. Barclays upped their target price on Pebblebrook Hotel Trust from $9.00 to $13.00 and gave the company an “underweight” rating in a report on Monday, June 1st. Finally, Morgan Stanley upped their target price on Pebblebrook Hotel Trust from $10.00 to $12.00 and gave the company an “underweight” rating in a report on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, seven have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, Pebblebrook Hotel Trust presently has a consensus rating of “Hold” and an average price target of $14.98.
Pebblebrook Hotel Trust Trading Up 2.4%
Shares of NYSE PEB opened at $18.16 on Friday. The stock has a market cap of $2.06 billion, a price-to-earnings ratio of -22.70, a PEG ratio of 1.50 and a beta of 1.45. The business has a 50 day simple moving average of $14.70 and a 200 day simple moving average of $12.93. Pebblebrook Hotel Trust has a 52 week low of $8.88 and a 52 week high of $18.20. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.04 and a current ratio of 1.04.
Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported ($0.26) EPS for the quarter, beating the consensus estimate of ($0.31) by $0.05. The business had revenue of $345.66 million during the quarter, compared to analysts’ expectations 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 firm’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.16 EPS. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. On average, research analysts predict that Pebblebrook Hotel Trust will post 1.64 earnings per share for the current fiscal year.
Pebblebrook Hotel Trust Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a $0.01 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.04 annualized dividend and a dividend yield of 0.2%. Pebblebrook Hotel Trust’s payout ratio is presently -5.00%.
Pebblebrook Hotel Trust Company Profile
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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