Pebblebrook Hotel Trust (NYSE:PEB) Given New $9.00 Price Target at Barclays

Pebblebrook Hotel Trust (NYSE:PEB) had its price objective reduced by Barclays from $10.00 to $9.00 in a research note issued to investors on Tuesday morning,Benzinga reports. They currently have an underweight rating on the real estate investment trust’s stock.

A number of other equities analysts also recently commented on PEB. Cantor Fitzgerald lifted their price target on Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 3rd. Wells Fargo & Company decreased their price target on Pebblebrook Hotel Trust from $13.00 to $12.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 24th. Stifel Nicolaus lifted their price target on Pebblebrook Hotel Trust from $14.25 to $14.50 and gave the stock a “buy” rating in a research note on Thursday, April 2nd. Truist Financial lifted their price target on Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the stock a “hold” rating in a research note on Tuesday, March 31st. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Pebblebrook Hotel Trust in a research note on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, seven have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $12.33.

Pebblebrook Hotel Trust Stock Up 0.6%

Shares of NYSE PEB opened at $12.78 on Tuesday. Pebblebrook Hotel Trust has a 1 year low of $7.41 and a 1 year high of $13.35. The firm has a market cap of $1.45 billion, a price-to-earnings ratio of -14.05 and a beta of 1.43. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.09 and a current ratio of 1.09. The stock’s 50-day simple moving average is $12.41 and its 200-day simple moving average is $11.66.

Pebblebrook Hotel Trust (NYSE:PEB) last announced its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $349.02 million for the quarter, compared to analyst estimates of $342.03 million. During the same period in the previous year, the company 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. As a group, equities analysts anticipate that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current fiscal year.

Pebblebrook Hotel Trust Announces Dividend

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

Hedge Funds Weigh In On Pebblebrook Hotel Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of PEB. AQR Capital Management LLC boosted its stake in Pebblebrook Hotel Trust by 174.6% in the first quarter. AQR Capital Management LLC now owns 93,371 shares of the real estate investment trust’s stock valued at $941,000 after acquiring an additional 59,367 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Pebblebrook Hotel Trust by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 71,002 shares of the real estate investment trust’s stock worth $719,000 after buying an additional 3,075 shares during the period. Caxton Associates LLP acquired a new position in shares of Pebblebrook Hotel Trust during the first quarter worth approximately $310,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Pebblebrook Hotel Trust by 8.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 659,945 shares of the real estate investment trust’s stock worth $6,685,000 after buying an additional 48,640 shares during the period. Finally, Creative Planning acquired a new position in shares of Pebblebrook Hotel Trust during the second quarter worth approximately $176,000.

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.