Penn Capital Management Company LLC Makes New Investment in Pebblebrook Hotel Trust $PEB

Penn Capital Management Company LLC bought a new stake in Pebblebrook Hotel Trust (NYSE:PEB) in the second quarter, HoldingsChannel reports. The fund bought 60,911 shares of the real estate investment trust’s stock, valued at approximately $1,182,000.

Several other large investors also recently modified their holdings of the business. Whittier Trust Co. of Nevada Inc. bought a new position in shares of Pebblebrook Hotel Trust during the 1st quarter valued at about $34,000. Quadrant Capital Group LLC raised its holdings in Pebblebrook Hotel Trust by 32.8% during the 4th 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 during the period. Cullen Frost Bankers Inc. bought a new position in Pebblebrook Hotel Trust in the fourth quarter valued at approximately $38,000. Hantz Financial Services Inc. boosted its holdings in shares of Pebblebrook Hotel Trust by 188.0% in the fourth quarter. Hantz Financial Services Inc. now owns 5,049 shares of the real estate investment trust’s stock valued at $57,000 after buying an additional 3,296 shares during the period. Finally, Group One Trading LLC acquired a new position in shares of Pebblebrook Hotel Trust in the second quarter valued at approximately $86,000.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. LADENBURG THALM/SH SH boosted their price objective on shares of Pebblebrook Hotel Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. Truist Financial increased their target price on Pebblebrook Hotel Trust from $17.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, June 29th. Barclays cut their price target on Pebblebrook Hotel Trust from $15.00 to $14.00 and set an “underweight” rating on the stock in a report on Thursday. Raymond James Financial reaffirmed an “outperform” rating and set a $18.00 price objective on shares of Pebblebrook Hotel Trust in a research report on Monday, June 8th. Finally, Wells Fargo & Company increased their price objective on Pebblebrook Hotel Trust from $16.00 to $19.00 and gave the stock an “equal weight” rating in a report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $17.37.

Pebblebrook Hotel Trust Trading Up 1.5%

Shares of NYSE:PEB opened at $18.55 on Friday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.34 and a current ratio of 1.34. Pebblebrook Hotel Trust has a 52-week low of $9.99 and a 52-week high of $19.93. The company has a 50-day simple moving average of $18.67 and a 200 day simple moving average of $15.66. The company has a market capitalization of $2.09 billion, a P/E ratio of -26.88, a price-to-earnings-growth ratio of 1.27 and a beta of 1.40.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.56. Pebblebrook Hotel Trust had a negative return on equity of 1.83% and a negative net margin of 3.11%.The business had revenue of $407.14 million for the quarter, compared to analyst estimates of $400.05 million. During the same period in the previous year, the firm earned $0.65 EPS. The firm’s 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. Sell-side analysts forecast that Pebblebrook Hotel Trust will post 1.7 earnings per share for the current year.

Pebblebrook Hotel Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Tuesday, June 30th. Pebblebrook Hotel Trust’s payout ratio is currently -5.80%.

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.