Kettle Hill Capital Management LLC Sells 308,524 Shares of Pebblebrook Hotel Trust $PEB

Kettle Hill Capital Management LLC lowered its stake in shares of Pebblebrook Hotel Trust (NYSE:PEB) by 28.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 789,732 shares of the real estate investment trust’s stock after selling 308,524 shares during the quarter. Pebblebrook Hotel Trust comprises 2.0% of Kettle Hill Capital Management LLC’s holdings, making the stock its 20th largest holding. Kettle Hill Capital Management LLC’s holdings in Pebblebrook Hotel Trust were worth $8,940,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. AQR Capital Management LLC raised 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 buying an additional 59,367 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Pebblebrook Hotel Trust by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 71,002 shares of the real estate investment trust’s stock valued at $719,000 after buying an additional 3,075 shares during the last quarter. Caxton Associates LLP purchased a new stake in Pebblebrook Hotel Trust in the first quarter valued at about $310,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Pebblebrook Hotel Trust by 8.0% in 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 valued at $6,685,000 after buying an additional 48,640 shares during the last quarter. Finally, Creative Planning purchased a new stake in Pebblebrook Hotel Trust in the second quarter valued at about $176,000.

Pebblebrook Hotel Trust Trading Up 1.6%

Shares of NYSE:PEB opened at $18.48 on Tuesday. Pebblebrook Hotel Trust has a 52-week low of $9.02 and a 52-week high of $18.51. The stock has a market cap of $2.09 billion, a price-to-earnings ratio of -23.09, a PEG ratio of 1.58 and a beta of 1.45. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.82. The business has a 50-day moving average price of $14.81 and a 200-day moving average price of $12.99.

Pebblebrook Hotel Trust (NYSE:PEB) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported ($0.26) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.31) by $0.05. The firm had revenue of $345.66 million during the quarter, compared to analysts’ expectations of $331.23 million. Pebblebrook Hotel Trust had a negative return on equity of 2.41% and a negative net margin of 4.18%.The company’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period last year, the business posted $0.16 earnings per share. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. Equities analysts predict that Pebblebrook Hotel Trust will post 1.59 EPS for the current year.

Pebblebrook Hotel Trust Announces Dividend

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

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Citigroup increased their price target on Pebblebrook Hotel Trust from $13.00 to $15.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. LADENBURG THALM/SH SH assumed coverage on Pebblebrook Hotel Trust in a research note on Thursday, March 26th. They issued a “neutral” rating and a $14.00 price target for the company. BMO Capital Markets reiterated a “market perform” rating and issued a $17.00 price target on shares of Pebblebrook Hotel Trust in a research note on Friday. Zacks Research cut Pebblebrook Hotel Trust from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 15th. Finally, Weiss Ratings upgraded Pebblebrook Hotel Trust from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $14.98.

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.