Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.
PEB has been the subject of several other reports. Stifel Nicolaus boosted their target price on Pebblebrook Hotel Trust from $20.25 to $21.25 and gave the stock a “buy” rating in a research report on Thursday, July 30th. LADENBURG THALM/SH SH raised their price target on Pebblebrook Hotel Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Weiss Ratings upgraded Pebblebrook Hotel Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, August 7th. Wells Fargo & Company boosted their price objective on Pebblebrook Hotel Trust from $16.00 to $19.00 and gave the stock an “equal weight” rating in a report on Thursday, July 23rd. Finally, Cantor Fitzgerald upped their price objective on shares of Pebblebrook Hotel Trust from $15.00 to $19.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Pebblebrook Hotel Trust has an average rating of “Hold” and an average price target of $17.44.
View Our Latest Analysis on Pebblebrook Hotel Trust
Pebblebrook Hotel Trust Stock Up 0.2%
Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.56. The firm had revenue of $407.14 million during the quarter, compared to analyst estimates of $400.05 million. Pebblebrook Hotel Trust had a negative net margin of 3.11% and a negative return on equity of 1.83%. The business’s revenue for the quarter was down .1% on a year-over-year basis. During the same period in the previous year, the business earned $0.65 EPS. Pebblebrook Hotel Trust has set its Q3 2026 guidance at 0.480-0.520 EPS and its FY 2026 guidance at 1.690-1.760 EPS. Analysts anticipate that Pebblebrook Hotel Trust will post 1.7 EPS for the current fiscal year.
Hedge Funds Weigh In On Pebblebrook Hotel Trust
Large investors have recently modified their holdings of the company. Alyeska Investment Group L.P. boosted its stake in Pebblebrook Hotel Trust by 11.1% in the fourth quarter. Alyeska Investment Group L.P. now owns 6,964,179 shares of the real estate investment trust’s stock worth $78,835,000 after buying an additional 695,277 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in Pebblebrook Hotel Trust by 13.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,180,800 shares of the real estate investment trust’s stock valued at $69,969,000 after acquiring an additional 711,042 shares during the last quarter. Millennium Management LLC raised its stake in shares of Pebblebrook Hotel Trust by 46.1% during the fourth quarter. Millennium Management LLC now owns 3,158,256 shares of the real estate investment trust’s stock worth $35,751,000 after acquiring an additional 997,119 shares in the last quarter. Woodline Partners LP raised its stake in shares of Pebblebrook Hotel Trust by 114.6% during the third quarter. Woodline Partners LP now owns 3,150,890 shares of the real estate investment trust’s stock worth $35,889,000 after acquiring an additional 1,682,855 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Pebblebrook Hotel Trust by 6.2% in the 4th quarter. Geode Capital Management LLC now owns 3,033,952 shares of the real estate investment trust’s stock worth $34,350,000 after acquiring an additional 177,466 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.
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