Pebblebrook Hotel Trust (NYSE:PEB) Price Target Lowered to $9.00 at Barclays

Pebblebrook Hotel Trust (NYSE:PEB) had its price objective lowered by equities researchers at Barclays from $10.00 to $9.00 in a research note issued on Tuesday,Benzinga reports. The brokerage presently has an “underweight” rating on the real estate investment trust’s stock. Barclays‘s price objective points to a potential downside of 28.99% from the stock’s current price.

A number of other research firms have also issued reports on PEB. Stifel Nicolaus raised their target price on Pebblebrook Hotel Trust from $14.25 to $14.50 and gave the company a “buy” rating in a report on Thursday, April 2nd. Citigroup boosted their price target on Pebblebrook Hotel Trust from $10.00 to $13.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Truist Financial boosted their price target on Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the company a “hold” rating in a research note on Tuesday, March 31st. Cantor Fitzgerald lifted their price objective on Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the company a “neutral” rating in a research report on Tuesday, March 3rd. Finally, Zacks Research upgraded Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 17th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, seven have given a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $12.33.

Pebblebrook Hotel Trust Price Performance

Shares of Pebblebrook Hotel Trust stock traded down $0.04 during trading on Tuesday, hitting $12.68. The stock had a trading volume of 456,871 shares, compared to its average volume of 2,263,682. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.09 and a quick ratio of 1.09. The firm has a market cap of $1.44 billion, a P/E ratio of -13.90 and a beta of 1.43. The business has a fifty day moving average of $12.39 and a two-hundred day moving average of $11.66. Pebblebrook Hotel Trust has a fifty-two week low of $7.41 and a fifty-two week high of $13.35.

Pebblebrook Hotel Trust (NYSE:PEB) last announced its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate 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 the consensus estimate of $342.03 million. During the same period in the prior 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. On average, sell-side analysts expect that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Pebblebrook Hotel Trust

Large investors have recently made changes to their positions in the company. Quadrant Capital Group LLC grew 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 worth $36,000 after buying an additional 796 shares in the last quarter. Amundi raised its position in Pebblebrook Hotel Trust by 1.1% during 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 last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Pebblebrook Hotel Trust by 33.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,465 shares of the real estate investment trust’s stock worth $39,000 after acquiring an additional 865 shares in the last quarter. Amalgamated Bank raised its position in shares of Pebblebrook Hotel Trust by 3.5% in the 3rd quarter. Amalgamated Bank now owns 35,064 shares of the real estate investment trust’s stock worth $399,000 after acquiring an additional 1,170 shares in the last quarter. Finally, Asset Management One Co. Ltd. raised its position in shares of Pebblebrook Hotel Trust by 1.0% in the 3rd quarter. Asset Management One Co. Ltd. now owns 172,758 shares of the real estate investment trust’s stock worth $1,968,000 after acquiring an additional 1,795 shares in the last quarter.

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.