Rhumbline Advisers Sells 38,446 Shares of Pebblebrook Hotel Trust $PEB

Rhumbline Advisers reduced its holdings in shares of Pebblebrook Hotel Trust (NYSE:PEB) by 9.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 376,701 shares of the real estate investment trust’s stock after selling 38,446 shares during the quarter. Rhumbline Advisers owned 0.32% of Pebblebrook Hotel Trust worth $3,816,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. GF Fund Management CO. LTD. bought a new position in Pebblebrook Hotel Trust in the fourth quarter valued at about $30,000. CWM LLC raised its position in shares of Pebblebrook Hotel Trust by 324.2% during the first quarter. CWM LLC now owns 3,071 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 2,347 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Pebblebrook Hotel Trust during the fourth quarter worth about $99,000. AlphaQuest LLC raised its position in shares of Pebblebrook Hotel Trust by 1,405.7% during the first quarter. AlphaQuest LLC now owns 8,251 shares of the real estate investment trust’s stock worth $84,000 after acquiring an additional 7,703 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in Pebblebrook Hotel Trust during the fourth quarter worth approximately $166,000.

Pebblebrook Hotel Trust Stock Performance

NYSE:PEB opened at $11.68 on Monday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.31 and a current ratio of 1.31. Pebblebrook Hotel Trust has a 52-week low of $7.41 and a 52-week high of $15.12. The firm has a market cap of $1.38 billion, a price-to-earnings ratio of -20.14 and a beta of 1.82. The business’s fifty day moving average is $10.60 and its 200 day moving average is $10.03.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its earnings results on Tuesday, July 29th. The real estate investment trust reported $0.65 EPS for the quarter, topping the consensus estimate of $0.59 by $0.06. Pebblebrook Hotel Trust had a negative return on equity of 1.17% and a negative net margin of 2.20%.The business had revenue of $407.54 million during the quarter, compared to analysts’ expectations of $398.77 million. During the same period in the previous year, the business earned $0.69 earnings per share. The firm’s revenue was up 2.6% on a year-over-year basis. Pebblebrook Hotel Trust has set its Q3 2025 guidance at 0.450-0.510 EPS. FY 2025 guidance at 1.470-1.590 EPS. Research analysts predict that Pebblebrook Hotel Trust will post 1.5 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on PEB shares. Stifel Nicolaus set a $13.00 target price on Pebblebrook Hotel Trust and gave the stock a “buy” rating in a research note on Wednesday, July 30th. Truist Financial raised their target price on Pebblebrook Hotel Trust from $9.00 to $11.00 and gave the stock a “hold” rating in a research note on Thursday. Evercore ISI raised their target price on Pebblebrook Hotel Trust from $11.00 to $12.00 and gave the stock an “in-line” rating in a research note on Monday, July 28th. Wells Fargo & Company raised their target price on Pebblebrook Hotel Trust from $10.00 to $11.00 and gave the company an “equal weight” rating in a report on Wednesday, August 27th. Finally, Morgan Stanley restated an “underweight” rating and issued a $10.00 target price on shares of Pebblebrook Hotel Trust in a report on Tuesday, July 15th. One analyst has rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $12.11.

About Pebblebrook Hotel Trust

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.