Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) was upgraded by equities researchers at Wall Street Zen from a “strong sell” rating to a “hold” rating in a note issued to investors on Saturday.
A number of other equities research analysts have also recently weighed in on PEB. Zacks Research cut Pebblebrook Hotel Trust from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 20th. Wells Fargo & Company boosted their target price on Pebblebrook Hotel Trust from $11.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Monday, December 1st. Barclays assumed coverage on Pebblebrook Hotel Trust in a research report on Tuesday, January 6th. They issued an “underweight” rating and a $10.00 price target for the company. Robert W. Baird set a $15.00 price target on Pebblebrook Hotel Trust and gave the stock an “outperform” rating in a research note on Monday, January 12th. Finally, Compass Point cut shares of Pebblebrook Hotel Trust from a “neutral” rating to a “sell” rating and lowered their price objective for the company from $12.00 to $11.50 in a research note on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have issued a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $11.91.
Read Our Latest Stock Analysis on Pebblebrook Hotel Trust
Pebblebrook Hotel Trust Price Performance
Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) last posted its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. Pebblebrook Hotel Trust had a negative net margin of 5.18% and a negative return on equity of 2.84%. The business had revenue of $349.02 million for the quarter, compared to analysts’ expectations of $342.03 million. During the same period in the prior year, the company posted $0.20 EPS. Pebblebrook Hotel Trust has set its Q1 2026 guidance at 0.190-0.230 EPS and its FY 2026 guidance at 1.500-1.620 EPS. As a group, analysts predict that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Pebblebrook Hotel Trust
Several hedge funds have recently made changes to their positions in PEB. Alyeska Investment Group L.P. increased 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 valued at $78,835,000 after purchasing an additional 695,277 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Pebblebrook Hotel Trust by 13.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,180,800 shares of the real estate investment trust’s stock worth $69,969,000 after buying an additional 711,042 shares during the last quarter. Millennium Management LLC grew its holdings in Pebblebrook Hotel Trust by 46.1% in the 4th quarter. Millennium Management LLC now owns 3,158,256 shares of the real estate investment trust’s stock valued at $35,751,000 after buying an additional 997,119 shares during the period. Woodline Partners LP grew its holdings in Pebblebrook Hotel Trust by 114.6% in the 3rd quarter. Woodline Partners LP now owns 3,150,890 shares of the real estate investment trust’s stock valued at $35,889,000 after buying an additional 1,682,855 shares during the period. Finally, Geode Capital Management LLC increased its stake in shares of Pebblebrook Hotel Trust by 6.2% during the 4th quarter. Geode Capital Management LLC now owns 3,033,952 shares of the real estate investment trust’s stock valued at $34,350,000 after acquiring an additional 177,466 shares during the last quarter.
Pebblebrook Hotel Trust Company Profile
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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