SG Americas Securities LLC Sells 105,249 Shares of Pebblebrook Hotel Trust $PEB

SG Americas Securities LLC reduced its holdings in shares of Pebblebrook Hotel Trust (NYSE:PEB) by 68.7% during the 1st quarter, Holdings Channel.com reports. The fund owned 47,977 shares of the real estate investment trust’s stock after selling 105,249 shares during the period. SG Americas Securities LLC’s holdings in Pebblebrook Hotel Trust were worth $606,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in PEB. AQR Capital Management LLC boosted its holdings in Pebblebrook Hotel Trust by 174.6% during the first quarter. AQR Capital Management LLC now owns 93,371 shares of the real estate investment trust’s stock valued at $941,000 after purchasing an additional 59,367 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Pebblebrook Hotel Trust by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 71,002 shares of the real estate investment trust’s stock worth $719,000 after buying an additional 3,075 shares in the last quarter. Caxton Associates LLP bought a new position in shares of Pebblebrook Hotel Trust during the 1st quarter worth approximately $310,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Pebblebrook Hotel Trust by 8.0% in 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 valued at $6,685,000 after buying an additional 48,640 shares in the last quarter. Finally, Creative Planning bought a new stake in Pebblebrook Hotel Trust in the second quarter valued at $176,000.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Cantor Fitzgerald lifted their price objective on Pebblebrook Hotel Trust from $14.00 to $15.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. Weiss Ratings upgraded shares of Pebblebrook Hotel Trust from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, April 29th. Truist Financial lifted their target price on shares of Pebblebrook Hotel Trust from $17.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, June 29th. Morgan Stanley boosted their price objective on Pebblebrook Hotel Trust from $10.00 to $12.00 and gave the stock an “underweight” rating in a research note on Tuesday, May 12th. Finally, Evercore set a $15.00 target price on Pebblebrook Hotel Trust in a report on Monday, April 27th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, six have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $16.06.

Pebblebrook Hotel Trust Price Performance

PEB opened at $18.41 on Wednesday. Pebblebrook Hotel Trust has a one year low of $9.30 and a one year high of $19.75. 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 company’s 50 day simple moving average is $16.48 and its 200-day simple moving average is $13.85. The stock has a market capitalization of $2.09 billion, a P/E ratio of -23.01, a price-to-earnings-growth ratio of 1.62 and a beta of 1.39.

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

Pebblebrook Hotel Trust Announces Dividend

The company also recently announced 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. The ex-dividend date is Tuesday, June 30th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.2%. Pebblebrook Hotel Trust’s payout ratio is presently -5.00%.

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.