Pebblebrook Hotel Trust (NYSE:PEB) Given New $12.00 Price Target at Wells Fargo & Company

Pebblebrook Hotel Trust (NYSE:PEB) had its price target reduced by Wells Fargo & Company from $13.00 to $12.00 in a research report sent to investors on Tuesday morning,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the real estate investment trust’s stock.

Other research analysts have also issued reports about the stock. Barclays started coverage on shares of Pebblebrook Hotel Trust in a report on Tuesday, January 6th. They issued an “underweight” rating and a $10.00 price target for the company. Truist Financial lifted their target price on Pebblebrook Hotel Trust from $11.00 to $12.00 and gave the company a “hold” rating in a research note on Monday, January 12th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Pebblebrook Hotel Trust in a report on Monday, December 29th. Robert W. Baird set a $15.00 price target on Pebblebrook Hotel Trust and gave the stock an “outperform” rating in a research report on Monday, January 12th. Finally, Cantor Fitzgerald raised their price target on Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the stock a “neutral” rating in a report on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, six have assigned a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $12.00.

Pebblebrook Hotel Trust Stock Performance

PEB stock opened at $12.52 on Tuesday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.83. The firm has a market cap of $1.42 billion, a P/E ratio of -13.75 and a beta of 1.48. Pebblebrook Hotel Trust has a 12-month low of $7.41 and a 12-month high of $13.35. The stock’s 50 day simple moving average is $12.30 and its 200 day simple moving average is $11.60.

Pebblebrook Hotel Trust (NYSE:PEB) last announced its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.04. The firm had revenue of $349.02 million for the quarter, compared to analysts’ expectations of $342.03 million. Pebblebrook Hotel Trust had a negative return on equity of 2.88% and a negative net margin of 5.18%.During the same period last year, the business posted $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. As a group, equities research analysts predict that Pebblebrook Hotel Trust will post 1.5 EPS for the current year.

Pebblebrook Hotel Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a $0.01 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $0.04 annualized dividend and a yield of 0.3%. Pebblebrook Hotel Trust’s dividend payout ratio (DPR) is currently -4.40%.

Institutional Inflows and Outflows

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

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.