Corient Private Wealth LP Acquires Shares of 77,832 Pebblebrook Hotel Trust $PEB

Corient Private Wealth LP bought a new stake in shares of Pebblebrook Hotel Trust (NYSE:PEB) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 77,832 shares of the real estate investment trust’s stock, valued at approximately $1,511,000.

Several other large investors have also recently made changes to their positions in the business. Quadrant Capital Group LLC raised its stake in shares of Pebblebrook Hotel Trust by 32.8% during the 4th 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 period. Amundi grew its position in Pebblebrook Hotel Trust by 1.1% during the fourth quarter. Amundi now owns 81,472 shares of the real estate investment trust’s stock valued at $922,000 after buying an additional 857 shares during the period. GAMMA Investing LLC increased its holdings in Pebblebrook Hotel Trust by 10.5% during the second quarter. GAMMA Investing LLC now owns 11,876 shares of the real estate investment trust’s stock worth $231,000 after buying an additional 1,130 shares during the last quarter. Inspire Investing LLC increased its holdings in Pebblebrook Hotel Trust by 4.9% during the fourth quarter. Inspire Investing LLC now owns 41,478 shares of the real estate investment trust’s stock worth $470,000 after buying an additional 1,931 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec raised its position in Pebblebrook Hotel Trust by 26.7% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 9,346 shares of the real estate investment trust’s stock worth $106,000 after acquiring an additional 1,972 shares during the period.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Weiss Ratings upgraded shares of Pebblebrook Hotel Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, August 7th. Stifel Nicolaus raised their price target on shares of Pebblebrook Hotel Trust from $20.25 to $21.25 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Morgan Stanley lifted their price target on shares of Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the stock an “underweight” rating in a report on Friday, July 17th. Raymond James Financial reiterated an “outperform” rating and issued a $18.00 price objective on shares of Pebblebrook Hotel Trust in a research note on Monday, June 8th. Finally, Barclays reduced their price objective on Pebblebrook Hotel Trust from $15.00 to $14.00 and set an “underweight” rating for the company in a report on Thursday, August 27th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Pebblebrook Hotel Trust presently has a consensus rating of “Hold” and a consensus target price of $17.37.

Pebblebrook Hotel Trust Stock Performance

Shares of PEB opened at $17.77 on Friday. The stock’s 50-day simple moving average is $18.62 and its 200 day simple moving average is $15.83. The stock has a market capitalization of $2.01 billion, a price-to-earnings ratio of -25.75, a price-to-earnings-growth ratio of 1.25 and a beta of 1.40. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.34 and a current ratio of 1.34. Pebblebrook Hotel Trust has a 52-week low of $9.99 and a 52-week high of $19.93.

Pebblebrook Hotel Trust (NYSE:PEB) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 EPS for the quarter, topping the consensus estimate of $0.12 by $0.56. The business had revenue of $407.14 million during the quarter, compared to the consensus estimate of $400.05 million. Pebblebrook Hotel Trust had a negative return on equity of 1.83% and a negative net margin of 3.11%.The firm’s revenue was down .1% compared to the same quarter last year. During the same quarter last year, the company earned $0.65 EPS. 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. Research analysts forecast that Pebblebrook Hotel Trust will post 1.7 EPS for the current fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a $0.01 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.04 annualized dividend and a yield of 0.2%. Pebblebrook Hotel Trust’s dividend 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.