GAMMA Investing LLC Acquires 7,533 Shares of Pebblebrook Hotel Trust $PEB

GAMMA Investing LLC increased its holdings in shares of Pebblebrook Hotel Trust (NYSE:PEB) by 438.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,252 shares of the real estate investment trust’s stock after acquiring an additional 7,533 shares during the quarter. GAMMA Investing LLC’s holdings in Pebblebrook Hotel Trust were worth $92,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. SG Americas Securities LLC purchased a new position in shares of Pebblebrook Hotel Trust in the first quarter valued at $510,000. Perfromance Wealth Partners LLC grew its position in Pebblebrook Hotel Trust by 17.8% during the first quarter. Perfromance Wealth Partners LLC now owns 50,756 shares of the real estate investment trust’s stock worth $514,000 after buying an additional 7,674 shares in the last quarter. Illinois Municipal Retirement Fund grew its position in Pebblebrook Hotel Trust by 10.4% during the first quarter. Illinois Municipal Retirement Fund now owns 67,256 shares of the real estate investment trust’s stock worth $681,000 after buying an additional 6,329 shares in the last quarter. Teacher Retirement System of Texas purchased a new position in Pebblebrook Hotel Trust during the first quarter worth about $177,000. Finally, Principal Financial Group Inc. grew its position in Pebblebrook Hotel Trust by 2.7% during the first quarter. Principal Financial Group Inc. now owns 596,062 shares of the real estate investment trust’s stock worth $6,038,000 after buying an additional 15,619 shares in the last quarter.

Pebblebrook Hotel Trust Trading Down 0.0%

Shares of PEB stock opened at $11.22 on Friday. Pebblebrook Hotel Trust has a 12-month low of $7.41 and a 12-month high of $15.12. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.82. The business has a 50-day moving average price of $10.86 and a two-hundred day moving average price of $10.06. The firm has a market cap of $1.33 billion, a P/E ratio of -19.34 and a beta of 1.85.

Pebblebrook Hotel Trust (NYSE:PEB) last released its earnings results on Tuesday, July 29th. The real estate investment trust reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $398.77 million. During the same quarter in the previous year, the company posted $0.69 EPS. Pebblebrook Hotel Trust’s revenue for the quarter 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. Equities analysts anticipate that Pebblebrook Hotel Trust will post 1.5 EPS for the current fiscal year.

Pebblebrook Hotel Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Tuesday, September 30th. Pebblebrook Hotel Trust’s payout ratio is -6.90%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Wells Fargo & Company boosted their target price on Pebblebrook Hotel Trust from $10.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 27th. Stifel Nicolaus set a $14.00 target price on Pebblebrook Hotel Trust in a research report on Wednesday, September 17th. Morgan Stanley restated an “underweight” rating and set a $10.00 target price on shares of Pebblebrook Hotel Trust in a research report on Tuesday, July 15th. Truist Financial boosted their target price on Pebblebrook Hotel Trust from $9.00 to $11.00 and gave the stock a “hold” rating in a research report on Thursday, September 11th. Finally, Evercore ISI boosted their target price on Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the stock an “in-line” rating in a research report on Thursday, September 18th. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $12.20.

Pebblebrook Hotel Trust 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.