Pebblebrook Hotel Trust $PEB Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. trimmed its holdings in shares of Pebblebrook Hotel Trust (NYSE:PEB) by 0.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,878,699 shares of the real estate investment trust’s stock after selling 171,036 shares during the period. Vanguard Group Inc. owned about 15.08% of Pebblebrook Hotel Trust worth $203,638,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in PEB. Ameriprise Financial Inc. boosted its stake in shares of Pebblebrook Hotel Trust by 41.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 936,280 shares of the real estate investment trust’s stock worth $9,354,000 after purchasing an additional 274,569 shares during the last quarter. Invesco Ltd. boosted its position in Pebblebrook Hotel Trust by 5.6% during the second quarter. Invesco Ltd. now owns 716,248 shares of the real estate investment trust’s stock worth $7,155,000 after acquiring an additional 38,023 shares during the last quarter. Allianz Asset Management GmbH grew its stake in Pebblebrook Hotel Trust by 108.7% in the 3rd quarter. Allianz Asset Management GmbH now owns 707,913 shares of the real estate investment trust’s stock worth $8,063,000 after acquiring an additional 368,681 shares during the period. Envestnet Asset Management Inc. raised its holdings in Pebblebrook Hotel Trust by 15.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 692,901 shares of the real estate investment trust’s stock valued at $6,922,000 after acquiring an additional 91,769 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Pebblebrook Hotel Trust by 8.0% during the 1st 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 worth $6,685,000 after purchasing an additional 48,640 shares during the period.

Wall Street Analyst Weigh In

PEB has been the topic of several recent analyst reports. Truist Financial increased their target price on Pebblebrook Hotel Trust from $11.00 to $12.00 and gave the stock a “hold” rating in a research report on Monday, January 12th. Barclays started coverage on shares of Pebblebrook Hotel Trust in a research report on Tuesday, January 6th. They issued an “underweight” rating and a $10.00 target price on the stock. Stifel Nicolaus set a $13.50 price target on shares of Pebblebrook Hotel Trust in a research report on Thursday, November 6th. 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. Finally, Wall Street Zen upgraded Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have assigned a Hold rating and six have given a Sell rating to the company’s stock. According to MarketBeat.com, Pebblebrook Hotel Trust presently has a consensus rating of “Reduce” and an average price target of $11.91.

Pebblebrook Hotel Trust Stock Down 2.6%

NYSE PEB opened at $12.83 on Monday. The stock has a market cap of $1.46 billion, a PE ratio of -14.10 and a beta of 1.48. The business has a 50 day moving average price of $12.04 and a two-hundred day moving average price of $11.40. Pebblebrook Hotel Trust has a fifty-two week low of $7.41 and a fifty-two week high of $13.35. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.83.

Pebblebrook Hotel Trust (NYSE:PEB) last released its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.04. Pebblebrook Hotel Trust had a negative net margin of 5.18% and a negative return on equity of 2.88%. The business had revenue of $349.02 million during the quarter, compared to analyst estimates of $342.03 million. During the same period last year, the business 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, sell-side analysts predict that Pebblebrook Hotel Trust will post 1.5 EPS for the current fiscal year.

Pebblebrook Hotel Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were issued a $0.01 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.04 annualized dividend and a dividend yield of 0.3%. Pebblebrook Hotel Trust’s dividend payout ratio (DPR) is -4.40%.

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.