Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) had its price objective upped by Stifel Nicolaus from $14.25 to $14.50 in a research note issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the real estate investment trust’s stock. Stifel Nicolaus’ price objective suggests a potential upside of 13.49% from the company’s current price.
Several other equities analysts also recently weighed in on the stock. Zacks Research raised shares of Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 17th. LADENBURG THALM/SH SH began coverage on shares of Pebblebrook Hotel Trust in a research report on Thursday, March 26th. They set a “neutral” rating and a $14.00 price objective on the stock. Wall Street Zen upgraded shares of Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research note on Saturday, February 28th. Wells Fargo & Company dropped their target price on shares of Pebblebrook Hotel Trust from $13.00 to $12.00 and set an “equal weight” rating for the company in a report on Tuesday, March 24th. Finally, Barclays began coverage on Pebblebrook Hotel Trust in a research note on Tuesday, January 6th. They issued an “underweight” rating and a $10.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have given a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $12.42.
Pebblebrook Hotel Trust Stock Performance
Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates 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 in the previous year, the firm earned $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. On average, analysts expect that Pebblebrook Hotel Trust will post 1.5 EPS for the current year.
Institutional Trading of Pebblebrook Hotel Trust
A number of institutional investors and hedge funds have recently bought and sold shares of PEB. Alyeska Investment Group L.P. lifted its stake in Pebblebrook Hotel Trust by 56.4% in the 3rd quarter. Alyeska Investment Group L.P. now owns 6,268,902 shares of the real estate investment trust’s stock worth $71,403,000 after purchasing an additional 2,259,389 shares in the last quarter. Millennium Management LLC grew its position in shares of Pebblebrook Hotel Trust by 2,584.8% during the third quarter. Millennium Management LLC now owns 2,161,137 shares of the real estate investment trust’s stock valued at $24,615,000 after purchasing an additional 2,080,641 shares in the last quarter. Woodline Partners LP increased its holdings in shares of Pebblebrook Hotel Trust by 114.6% in the third quarter. Woodline Partners LP now owns 3,150,890 shares of the real estate investment trust’s stock worth $35,889,000 after purchasing an additional 1,682,855 shares during the last quarter. Schonfeld Strategic Advisors LLC increased its holdings in shares of Pebblebrook Hotel Trust by 684.1% in the third quarter. Schonfeld Strategic Advisors LLC now owns 1,576,228 shares of the real estate investment trust’s stock worth $17,953,000 after purchasing an additional 1,375,207 shares during the last quarter. Finally, MetLife Investment Management LLC lifted its position in shares of Pebblebrook Hotel Trust by 1,736.3% in the fourth quarter. MetLife Investment Management LLC now owns 1,322,264 shares of the real estate investment trust’s stock worth $14,968,000 after buying an additional 1,250,256 shares in 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.
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