OP Asset Management Ltd Buys Shares of 51,051 Pebblebrook Hotel Trust $PEB

OP Asset Management Ltd purchased a new stake in shares of Pebblebrook Hotel Trust (NYSE:PEB) during the first quarter, HoldingsChannel.com reports. The fund purchased 51,051 shares of the real estate investment trust’s stock, valued at approximately $645,000.

A number of other large investors have also recently made changes to their positions in PEB. Quadrant Capital Group LLC lifted its position in 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 valued at $36,000 after purchasing an additional 796 shares during the period. Amundi grew its position in Pebblebrook Hotel Trust by 1.1% in the 4th quarter. Amundi now owns 81,472 shares of the real estate investment trust’s stock worth $922,000 after purchasing an additional 857 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in Pebblebrook Hotel Trust by 33.3% during 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 buying an additional 865 shares during the last quarter. Inspire Investing LLC raised its stake in Pebblebrook Hotel Trust by 4.9% during the 4th quarter. Inspire Investing LLC now owns 41,478 shares of the real estate investment trust’s stock valued at $470,000 after buying an additional 1,931 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec lifted its holdings in shares of Pebblebrook Hotel Trust by 26.7% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 9,346 shares of the real estate investment trust’s stock valued at $106,000 after buying an additional 1,972 shares during the period.

Pebblebrook Hotel Trust Trading Up 0.5%

NYSE:PEB opened at $19.43 on Wednesday. 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 firm has a market capitalization of $2.20 billion, a price-to-earnings ratio of -24.29, a price-to-earnings-growth ratio of 1.68 and a beta of 1.45. Pebblebrook Hotel Trust has a one year low of $9.30 and a one year high of $19.75. The business has a fifty day moving average price of $16.01 and a 200-day moving average price of $13.59.

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

Pebblebrook Hotel Trust Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Barclays raised their price target on Pebblebrook Hotel Trust from $9.00 to $13.00 and gave the stock an “underweight” rating in a research note on Monday, June 1st. BMO Capital Markets reissued a “market perform” rating and issued a $17.00 target price on shares of Pebblebrook Hotel Trust in a report on Friday, June 12th. Citigroup raised their target price on Pebblebrook Hotel Trust from $13.00 to $15.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Cantor Fitzgerald upped their price target on shares of Pebblebrook Hotel Trust from $14.00 to $15.00 and gave the company a “neutral” rating in a research report on Wednesday, May 13th. Finally, Zacks Research upgraded shares of Pebblebrook Hotel Trust from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 15th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $16.06.

Pebblebrook Hotel Trust 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.