Pebblebrook Hotel Trust (NYSE:PEB) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

by · The Markets Daily

Pebblebrook Hotel Trust (NYSE:PEBGet Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.42 and traded as high as $19.03. Pebblebrook Hotel Trust shares last traded at $18.9180, with a volume of 2,725,782 shares.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on PEB. Truist Financial raised Pebblebrook Hotel Trust from a “hold” rating to a “buy” rating and lifted their target price for the company from $14.00 to $17.00 in a report on Wednesday, May 27th. Wall Street Zen raised shares of Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research note on Saturday, February 28th. Stifel Nicolaus upped their target price on shares of Pebblebrook Hotel Trust from $18.00 to $20.25 and gave the stock a “buy” rating in a report on Thursday, June 18th. Weiss Ratings upgraded shares of Pebblebrook Hotel Trust from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, April 29th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $18.00 price target on shares of Pebblebrook Hotel Trust in a report on Monday, June 8th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, Pebblebrook Hotel Trust currently has an average rating of “Hold” and an average target price of $15.67.

Get Our Latest Research Report on PEB

Pebblebrook Hotel Trust Stock Up 0.7%

The company has a debt-to-equity ratio of 0.82, a current ratio of 1.04 and a quick ratio of 1.04. The company has a fifty day moving average price of $15.79 and a 200 day moving average price of $13.46. The company has a market cap of $2.16 billion, a PE ratio of -23.78, a price-to-earnings-growth ratio of 1.64 and a beta of 1.45.

Pebblebrook Hotel Trust (NYSE:PEBGet Free Report) last announced its earnings results on Tuesday, April 28th. The real estate investment trust reported ($0.26) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.31) by $0.05. Pebblebrook Hotel Trust had a negative net margin of 4.18% and a negative return on equity of 2.41%. The business had revenue of $345.66 million during the quarter, compared to analyst estimates of $331.23 million. During the same period in the previous year, the business posted $0.16 earnings per share. Pebblebrook Hotel Trust’s revenue for the quarter was up 7.9% on a year-over-year basis. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. As a group, analysts anticipate that Pebblebrook Hotel Trust will post 1.6 EPS for the current year.

Pebblebrook Hotel Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.01 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.04 dividend on an annualized basis and a yield of 0.2%. Pebblebrook Hotel Trust’s dividend payout ratio (DPR) is presently -5.00%.

Hedge Funds Weigh In On Pebblebrook Hotel Trust

A number of hedge funds and other institutional investors have recently modified their holdings of PEB. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of Pebblebrook Hotel Trust during the 1st quarter valued at about $34,000. Quadrant Capital Group LLC lifted its stake in 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 worth $36,000 after purchasing an additional 796 shares during the last quarter. Cullen Frost Bankers Inc. bought a new stake in shares of Pebblebrook Hotel Trust in the 4th quarter valued at about $38,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of 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 valued at $39,000 after acquiring an additional 865 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its holdings in Pebblebrook Hotel Trust by 188.0% during 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.

Pebblebrook Hotel Trust Company Profile

(Get Free Report)

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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