Pebblebrook Hotel Trust (NYSE:PEB) Upgraded at Zacks Research

Zacks Research upgraded shares of Pebblebrook Hotel Trust (NYSE:PEB) from a strong sell rating to a hold rating in a research report released on Tuesday morning,Zacks.com reports.

Several other research firms have also weighed in on PEB. Truist Financial lifted their target price on shares of Pebblebrook Hotel Trust from $11.00 to $12.00 and gave the company a “hold” rating in a report on Monday, January 12th. Wells Fargo & Company increased their price target on shares of Pebblebrook Hotel Trust from $11.00 to $13.00 and gave the stock an “equal weight” rating in a report on Monday, December 1st. Cantor Fitzgerald raised their price target on shares of Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the company a “neutral” rating in a research report on Tuesday, March 3rd. Citigroup lifted their price objective on shares of Pebblebrook Hotel Trust from $10.00 to $13.00 and gave the company a “neutral” rating in a report on Wednesday, January 14th. Finally, Barclays started coverage on shares of Pebblebrook Hotel Trust in a research report on Tuesday, January 6th. They issued an “underweight” rating and a $10.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, six have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $12.09.

Pebblebrook Hotel Trust Stock Up 0.7%

Shares of PEB opened at $12.31 on Tuesday. The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of -13.52 and a beta of 1.48. Pebblebrook Hotel Trust has a 52 week low of $7.41 and a 52 week high of $13.35. The stock’s 50-day moving average price is $12.30 and its 200-day moving average price is $11.58. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.83.

Pebblebrook Hotel Trust (NYSE:PEB) last announced its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.04. Pebblebrook Hotel Trust had a negative return on equity of 2.88% and a negative net margin of 5.18%.The company had revenue of $349.02 million during the quarter, compared to analysts’ expectations of $342.03 million. During the same period last year, the business earned $0.20 earnings per share. 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. On average, sell-side analysts predict that Pebblebrook Hotel Trust will post 1.5 EPS for the current year.

Pebblebrook Hotel Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Tuesday, March 31st. Pebblebrook Hotel Trust’s dividend payout ratio is -4.40%.

Hedge Funds Weigh In On Pebblebrook Hotel Trust

Institutional investors and hedge funds have recently bought and sold shares of the business. Quadrant Capital Group LLC lifted its stake in Pebblebrook Hotel Trust by 32.8% in the 4th quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 796 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new stake in shares of Pebblebrook Hotel Trust in the fourth quarter valued at approximately $38,000. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Pebblebrook Hotel Trust by 33.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,465 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 865 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Pebblebrook Hotel Trust by 115.2% in the second quarter. PNC Financial Services Group Inc. now owns 4,683 shares of the real estate investment trust’s stock valued at $47,000 after purchasing an additional 2,507 shares during the last quarter. Finally, Hantz Financial Services Inc. increased its holdings in shares of Pebblebrook Hotel Trust by 188.0% in the fourth quarter. Hantz Financial Services Inc. now owns 5,049 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 3,296 shares during the last quarter.

About Pebblebrook Hotel Trust

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.