UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $15.31 Million Stock Position in Pebblebrook Hotel Trust $PEB

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Pebblebrook Hotel Trust (NYSE:PEB) by 5.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 788,621 shares of the real estate investment trust’s stock after buying an additional 41,249 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.70% of Pebblebrook Hotel Trust worth $15,307,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Alyeska Investment Group L.P. raised its stake in Pebblebrook Hotel Trust by 56.4% during the 3rd quarter. Alyeska Investment Group L.P. now owns 6,268,902 shares of the real estate investment trust’s stock worth $71,403,000 after buying an additional 2,259,389 shares during the period. Millennium Management LLC increased its stake in Pebblebrook Hotel Trust by 2,584.8% during the 3rd quarter. Millennium Management LLC now owns 2,161,137 shares of the real estate investment trust’s stock worth $24,615,000 after purchasing an additional 2,080,641 shares in the last quarter. Legal & General Group Plc acquired a new stake in Pebblebrook Hotel Trust during the 2nd quarter worth approximately $36,905,000. Woodline Partners LP boosted its holdings in shares of Pebblebrook Hotel Trust by 114.6% in 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 buying an additional 1,682,855 shares during the period. Finally, Schonfeld Strategic Advisors LLC increased its position in shares of Pebblebrook Hotel Trust by 684.1% during the third quarter. Schonfeld Strategic Advisors LLC now owns 1,576,228 shares of the real estate investment trust’s stock worth $17,953,000 after acquiring an additional 1,375,207 shares in the last quarter.

Analyst Ratings Changes

A number of brokerages recently weighed in on PEB. Stifel Nicolaus upped their target price 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. Weiss Ratings upgraded Pebblebrook Hotel Trust from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 7th. Barclays dropped their target price on Pebblebrook Hotel Trust from $15.00 to $14.00 and set an “underweight” rating on the stock in a research report on Thursday, August 27th. LADENBURG THALM/SH SH raised their price target on shares of Pebblebrook Hotel Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Finally, Truist Financial increased their target price on shares of Pebblebrook Hotel Trust from $17.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $17.37.

Pebblebrook Hotel Trust Trading Up 1.7%

NYSE PEB opened at $18.03 on Friday. Pebblebrook Hotel Trust has a 12 month low of $9.99 and a 12 month high of $19.93. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.83. The stock has a 50 day moving average of $18.60 and a 200-day moving average of $15.84. The company has a market cap of $2.03 billion, a PE ratio of -26.13, a PEG ratio of 1.24 and a beta of 1.40.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.56. Pebblebrook Hotel Trust had a negative net margin of 3.11% and a negative return on equity of 1.83%. The firm had revenue of $407.14 million for the quarter, compared to analyst estimates of $400.05 million. During the same period in the prior year, the firm posted $0.65 earnings per share. The company’s quarterly revenue was down .1% compared to the same quarter last year. 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. On average, equities research analysts anticipate 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. Investors of record on Tuesday, June 30th were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.2%. The ex-dividend date was Tuesday, June 30th. Pebblebrook Hotel Trust’s dividend payout ratio (DPR) is -5.80%.

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.