Pebblebrook Hotel Trust (NYSE:PEB) Cut to “Sell” at Compass Point

Compass Point cut shares of Pebblebrook Hotel Trust (NYSE:PEB) from a neutral rating to a sell rating in a report published on Monday, Marketbeat.com reports. The brokerage currently has $11.50 price objective on the real estate investment trust’s stock, down from their previous price objective of $12.00.

Several other equities analysts have also recently commented on PEB. Wells Fargo & Company upgraded shares of Pebblebrook Hotel Trust to a “hold” rating in a research report on Friday, October 3rd. Evercore ISI boosted their price objective on shares of Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the company an “in-line” rating in a research report on Thursday, September 18th. Weiss Ratings restated a “sell (d+)” rating on shares of Pebblebrook Hotel Trust in a research note on Wednesday, October 8th. Cantor Fitzgerald started coverage on Pebblebrook Hotel Trust in a research note on Wednesday, October 1st. They issued a “neutral” rating and a $12.00 price target on the stock. Finally, Stifel Nicolaus set a $13.50 price objective on Pebblebrook Hotel Trust in a research report on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $11.70.

Pebblebrook Hotel Trust Price Performance

Shares of NYSE PEB opened at $11.24 on Monday. The business has a fifty day moving average price of $11.13 and a two-hundred day moving average price of $10.37. The stock has a market capitalization of $1.28 billion, a PE ratio of -19.37 and a beta of 1.85. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.31 and a quick ratio of 1.31. Pebblebrook Hotel Trust has a fifty-two week low of $7.41 and a fifty-two week high of $15.12.

Pebblebrook Hotel Trust (NYSE:PEB) last issued its quarterly earnings results on Wednesday, November 5th. The real estate investment trust reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.01. The company had revenue of $398.72 million for the quarter, compared to analysts’ expectations of $396.80 million. Pebblebrook Hotel Trust had a negative return on equity of 1.17% and a negative net margin of 2.20%.Pebblebrook Hotel Trust’s revenue was down 1.4% on a year-over-year basis. During the same quarter last year, the business earned $0.59 earnings per share. Pebblebrook Hotel Trust has set its FY 2025 guidance at 1.500-1.570 EPS. Q4 2025 guidance at 0.180-0.260 EPS. As a group, equities analysts predict that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current fiscal year.

Pebblebrook Hotel Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were issued a dividend of $0.01 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.04 annualized dividend and a dividend yield of 0.4%. Pebblebrook Hotel Trust’s dividend payout ratio (DPR) is -3.36%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Fisher Asset Management LLC grew its holdings in Pebblebrook Hotel Trust by 1.3% during the 3rd quarter. Fisher Asset Management LLC now owns 564,380 shares of the real estate investment trust’s stock worth $6,428,000 after acquiring an additional 7,181 shares during the last quarter. APG Asset Management US Inc. bought a new position in Pebblebrook Hotel Trust during the 3rd quarter worth $5,545,000. Quantbot Technologies LP bought a new position in Pebblebrook Hotel Trust during the 3rd quarter worth $88,000. Aster Capital Management DIFC Ltd acquired a new position in Pebblebrook Hotel Trust during the 3rd quarter worth about $77,000. Finally, Choreo LLC bought a new stake in shares of Pebblebrook Hotel Trust in the 3rd quarter valued at about $201,000.

Pebblebrook Hotel Trust Company Profile

Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust ("REIT") and the largest owner of urban and resort lifestyle hotels and resorts in the United States. The Company owns 47 hotels and resorts, totaling approximately 12,200 guest rooms across 13 urban and resort markets.