Capital Fund Management S.A. Acquires 51,169 Shares of Pebblebrook Hotel Trust $PEB

Capital Fund Management S.A. raised its holdings in shares of Pebblebrook Hotel Trust (NYSE:PEB) by 48.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 157,527 shares of the real estate investment trust’s stock after purchasing an additional 51,169 shares during the quarter. Capital Fund Management S.A. owned 0.13% of Pebblebrook Hotel Trust worth $1,574,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. T. Rowe Price Investment Management Inc. increased its stake in Pebblebrook Hotel Trust by 1.4% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 6,807,602 shares of the real estate investment trust’s stock worth $68,962,000 after buying an additional 94,446 shares during the period. Earnest Partners LLC grew its stake in Pebblebrook Hotel Trust by 2.4% in the 1st quarter. Earnest Partners LLC now owns 5,056,675 shares of the real estate investment trust’s stock worth $51,224,000 after acquiring an additional 120,369 shares in the last quarter. Woodline Partners LP purchased a new position in shares of Pebblebrook Hotel Trust during the first quarter worth approximately $30,155,000. Charles Schwab Investment Management Inc. increased its position in shares of Pebblebrook Hotel Trust by 2.1% during the first quarter. Charles Schwab Investment Management Inc. now owns 2,556,288 shares of the real estate investment trust’s stock worth $25,895,000 after acquiring an additional 51,537 shares during the period. Finally, Nordea Investment Management AB raised its stake in shares of Pebblebrook Hotel Trust by 7.6% during the second quarter. Nordea Investment Management AB now owns 802,145 shares of the real estate investment trust’s stock valued at $8,025,000 after acquiring an additional 56,815 shares in the last quarter.

Wall Street Analysts Forecast Growth

PEB has been the topic of several research analyst reports. Stifel Nicolaus set a $13.50 price objective on Pebblebrook Hotel Trust in a research note on Thursday, November 6th. Compass Point downgraded Pebblebrook Hotel Trust from a “neutral” rating to a “sell” rating and dropped their price target for the stock from $12.00 to $11.50 in a research report on Monday, November 10th. Morgan Stanley set a $9.00 price objective on Pebblebrook Hotel Trust in a report on Wednesday, October 22nd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Pebblebrook Hotel Trust in a research note on Monday. Finally, Cantor Fitzgerald began coverage on shares of Pebblebrook Hotel Trust in a research report on Wednesday, October 1st. They set a “neutral” rating and a $12.00 target price on the stock. One research analyst has rated the stock with a Buy rating, six have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, Pebblebrook Hotel Trust currently has a consensus rating of “Reduce” and a consensus target price of $11.90.

Pebblebrook Hotel Trust Stock Performance

PEB stock opened at $10.77 on Friday. Pebblebrook Hotel Trust has a one year low of $7.41 and a one year high of $15.12. The firm has a market cap of $1.22 billion, a price-to-earnings ratio of -9.05 and a beta of 1.53. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.13 and a current ratio of 1.13. The firm has a 50-day simple moving average of $10.93 and a two-hundred day simple moving average of $10.53.

Pebblebrook Hotel Trust (NYSE:PEB) last issued its quarterly earnings data on Wednesday, November 5th. The real estate investment trust reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.01. Pebblebrook Hotel Trust had a negative net margin of 7.45% and a negative return on equity of 4.02%. The firm had revenue of $398.72 million for the quarter, compared to the consensus estimate of $396.80 million. During the same quarter in the previous year, the firm earned $0.59 EPS. The company’s quarterly revenue was down 1.4% compared to the same quarter last year. Pebblebrook Hotel Trust has set its FY 2025 guidance at 1.500-1.570 EPS and its Q4 2025 guidance at 0.180-0.260 EPS. On average, equities analysts forecast that Pebblebrook Hotel Trust will post 1.5 EPS for the current fiscal year.

Pebblebrook Hotel Trust Announces Dividend

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

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.