IFM Investors Pty Ltd Sells 4,811 Shares of Pebblebrook Hotel Trust $PEB

IFM Investors Pty Ltd lessened its stake in Pebblebrook Hotel Trust (NYSE:PEB) by 20.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,176 shares of the real estate investment trust’s stock after selling 4,811 shares during the quarter. IFM Investors Pty Ltd’s holdings in Pebblebrook Hotel Trust were worth $192,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of PEB. Harbor Capital Advisors Inc. grew its stake in Pebblebrook Hotel Trust by 122.1% in the second quarter. Harbor Capital Advisors Inc. now owns 2,514 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 1,382 shares in the last quarter. GF Fund Management CO. LTD. acquired a new position in Pebblebrook Hotel Trust during the fourth quarter worth about $30,000. CWM LLC increased its holdings 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 buying an additional 2,347 shares in the last quarter. AlphaQuest LLC increased its holdings in Pebblebrook Hotel Trust by 1,405.7% in the first quarter. AlphaQuest LLC now owns 8,251 shares of the real estate investment trust’s stock valued at $84,000 after purchasing an additional 7,703 shares during the period. Finally, Integrated Investment Consultants LLC acquired a new stake in shares of Pebblebrook Hotel Trust during the first quarter worth $130,000.

Pebblebrook Hotel Trust Price Performance

Shares of NYSE PEB opened at $11.51 on Wednesday. The firm has a 50-day simple moving average of $10.74 and a 200-day simple moving average of $10.03. The stock has a market capitalization of $1.37 billion, a price-to-earnings ratio of -19.85 and a beta of 1.82. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.82. Pebblebrook Hotel Trust has a 52 week low of $7.41 and a 52 week high of $15.12.

Pebblebrook Hotel Trust (NYSE:PEB) last issued its earnings results on Tuesday, July 29th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, beating 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 company had revenue of $407.54 million during the quarter, compared to analysts’ expectations of $398.77 million. During the same period in the prior year, the business earned $0.69 EPS. The firm’s quarterly 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. On average, equities analysts predict that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be given a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Tuesday, September 30th. Pebblebrook Hotel Trust’s payout ratio is currently -6.90%.

Analyst Upgrades and Downgrades

PEB has been the topic of several analyst reports. Evercore ISI boosted their price target on shares of Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the stock an “in-line” rating in a report on Thursday, September 18th. Wells Fargo & Company upped their price target on shares of Pebblebrook Hotel Trust from $10.00 to $11.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 27th. Truist Financial increased their price target on shares of Pebblebrook Hotel Trust from $9.00 to $11.00 and gave the stock a “hold” rating in a report on Thursday, September 11th. Morgan Stanley reiterated an “underweight” rating and set a $10.00 price target on shares of Pebblebrook Hotel Trust in a research report on Tuesday, July 15th. Finally, Stifel Nicolaus set a $14.00 price target on Pebblebrook Hotel Trust in a research report on Wednesday, September 17th. One equities research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $12.22.

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.