Hsbc Holdings PLC Takes $4.68 Million Position in Pebblebrook Hotel Trust $PEB

Hsbc Holdings PLC purchased a new stake in shares of Pebblebrook Hotel Trust (NYSE:PEB) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 240,833 shares of the real estate investment trust’s stock, valued at approximately $4,678,000.

Other institutional investors have also added to or reduced their stakes in the company. Whittier Trust Co. of Nevada Inc. bought a new position in Pebblebrook Hotel Trust in the 1st quarter valued at approximately $34,000. Quadrant Capital Group LLC grew its stake in shares of Pebblebrook Hotel Trust by 32.8% during the fourth quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 796 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new position in shares of Pebblebrook Hotel Trust during the fourth quarter worth $38,000. Group One Trading LLC acquired a new position in shares of Pebblebrook Hotel Trust during the second quarter worth $86,000. Finally, Hantz Financial Services Inc. lifted its stake in shares of 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 last quarter.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on PEB shares. BMO Capital Markets reissued a “market perform” rating and set a $17.00 price objective on shares of Pebblebrook Hotel Trust in a report on Friday, June 12th. Zacks Research downgraded Pebblebrook Hotel Trust from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Cantor Fitzgerald lifted their price target on Pebblebrook Hotel Trust from $15.00 to $19.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. Stifel Nicolaus boosted their price target on Pebblebrook Hotel Trust from $20.25 to $21.25 and gave the stock a “buy” rating in a report on Thursday, July 30th. Finally, Wells Fargo & Company boosted their price target on Pebblebrook Hotel Trust from $16.00 to $19.00 and gave the stock an “equal weight” rating in a report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $17.37.

Pebblebrook Hotel Trust Stock Performance

Shares of Pebblebrook Hotel Trust stock opened at $18.55 on Friday. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.83. Pebblebrook Hotel Trust has a twelve month low of $9.99 and a twelve month high of $19.93. The stock has a market cap of $2.09 billion, a price-to-earnings ratio of -26.88, a P/E/G ratio of 1.27 and a beta of 1.40. The company’s fifty day moving average is $18.67 and its 200 day moving average is $15.66.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.56. Pebblebrook Hotel Trust had a negative return on equity of 1.83% and a negative net margin of 3.11%.The business had revenue of $407.14 million during the quarter, compared to the consensus estimate of $400.05 million. During the same period in the prior year, the business posted $0.65 earnings per share. Pebblebrook Hotel Trust’s quarterly revenue was down .1% on a year-over-year basis. Pebblebrook Hotel Trust has set its Q3 2026 guidance at 0.480-0.520 EPS and its FY 2026 guidance at 1.690-1.760 EPS. Sell-side analysts forecast that Pebblebrook Hotel Trust will post 1.7 EPS for the current year.

Pebblebrook Hotel Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, June 30th. Pebblebrook Hotel Trust’s payout ratio is currently -5.80%.

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.