Pebblebrook Hotel Trust (NYSE:PEB) Price Target Raised to $14.00

Pebblebrook Hotel Trust (NYSE:PEB) had its price objective upped by Truist Financial from $12.00 to $14.00 in a research report released on Tuesday morning,Benzinga reports. Truist Financial currently has a hold rating on the real estate investment trust’s stock.

Several other equities analysts have also issued reports on the company. Weiss Ratings reiterated a “sell (d)” rating on shares of Pebblebrook Hotel Trust in a research note on Friday, March 27th. Robert W. Baird set a $15.00 price target on shares of Pebblebrook Hotel Trust and gave the company an “outperform” rating in a report on Monday, January 12th. Cantor Fitzgerald lifted their price objective on shares of Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 3rd. Wall Street Zen upgraded shares of Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, LADENBURG THALM/SH SH initiated coverage on shares of Pebblebrook Hotel Trust in a research report on Thursday, March 26th. They set a “neutral” rating and a $14.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, seven have issued a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, Pebblebrook Hotel Trust presently has an average rating of “Reduce” and an average price target of $12.42.

Pebblebrook Hotel Trust Price Performance

Pebblebrook Hotel Trust stock opened at $12.78 on Tuesday. The firm has a 50-day moving average price of $12.36 and a 200-day moving average price of $11.65. The firm has a market capitalization of $1.45 billion, a PE ratio of -14.04 and a beta of 1.43. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.83. Pebblebrook Hotel Trust has a 12-month low of $7.41 and a 12-month high of $13.35.

Pebblebrook Hotel Trust (NYSE:PEB) last issued its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. Pebblebrook Hotel Trust had a negative return on equity of 2.88% and a negative net margin of 5.18%.The firm had revenue of $349.02 million during the quarter, compared to analyst estimates of $342.03 million. During the same period last year, the company earned $0.20 EPS. Pebblebrook Hotel Trust has set its Q1 2026 guidance at 0.190-0.230 EPS and its FY 2026 guidance at 1.500-1.620 EPS. As a group, equities research analysts forecast that Pebblebrook Hotel Trust will post 1.5 EPS for the current year.

Pebblebrook Hotel Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Tuesday, March 31st. Pebblebrook Hotel Trust’s dividend payout ratio (DPR) is -4.40%.

Institutional Trading of Pebblebrook Hotel Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PEB. Alyeska Investment Group L.P. grew its stake in Pebblebrook Hotel Trust by 56.4% in the 3rd quarter. Alyeska Investment Group L.P. now owns 6,268,902 shares of the real estate investment trust’s stock valued at $71,403,000 after acquiring an additional 2,259,389 shares during the period. Millennium Management LLC raised its position in Pebblebrook Hotel Trust by 2,584.8% during the third quarter. Millennium Management LLC now owns 2,161,137 shares of the real estate investment trust’s stock worth $24,615,000 after acquiring an additional 2,080,641 shares during the period. Woodline Partners LP lifted its holdings in Pebblebrook Hotel Trust by 114.6% during the third quarter. Woodline Partners LP now owns 3,150,890 shares of the real estate investment trust’s stock valued at $35,889,000 after purchasing an additional 1,682,855 shares in the last quarter. Schonfeld Strategic Advisors LLC grew its position in shares of Pebblebrook Hotel Trust by 684.1% in the third quarter. Schonfeld Strategic Advisors LLC now owns 1,576,228 shares of the real estate investment trust’s stock valued at $17,953,000 after purchasing an additional 1,375,207 shares during the period. Finally, MetLife Investment Management LLC grew its position in shares of Pebblebrook Hotel Trust by 1,736.3% in the fourth quarter. MetLife Investment Management LLC now owns 1,322,264 shares of the real estate investment trust’s stock valued at $14,968,000 after purchasing an additional 1,250,256 shares during the period.

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.