UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 41,249 Shares of Pebblebrook Hotel Trust $PEB

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

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PEB. AQR Capital Management LLC raised its position in shares of Pebblebrook Hotel Trust by 174.6% in 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 during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Pebblebrook Hotel Trust by 4.5% during 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 during the period. Caxton Associates LLP acquired a new position in Pebblebrook Hotel Trust in the 1st quarter valued at about $310,000. Creative Planning bought a new position in Pebblebrook Hotel Trust in the 2nd quarter valued at about $176,000. Finally, Norges Bank bought a new position in Pebblebrook Hotel Trust in the 2nd quarter valued at about $394,000.

Pebblebrook Hotel Trust Trading Up 1.7%

Shares of NYSE:PEB opened at $18.03 on Friday. The business’s 50 day simple moving average is $18.60 and its 200 day simple moving average is $15.84. Pebblebrook Hotel Trust has a 1 year low of $9.99 and a 1 year high of $19.93. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.34 and a quick ratio of 1.34. The company has a market capitalization of $2.03 billion, a P/E ratio of -26.13, a P/E/G ratio of 1.24 and a beta of 1.40.

Pebblebrook Hotel Trust (NYSE:PEB) last announced its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.68 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $407.14 million during the quarter, compared to analysts’ expectations of $400.05 million. During the same period in the previous year, the firm earned $0.65 EPS. 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, 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. Shareholders of record on Tuesday, June 30th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Tuesday, June 30th. Pebblebrook Hotel Trust’s dividend payout ratio (DPR) is currently -5.80%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on PEB. Truist Financial boosted their price objective on Pebblebrook Hotel Trust from $17.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, June 29th. Weiss Ratings upgraded Pebblebrook Hotel Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, August 7th. Stifel Nicolaus lifted their price target on Pebblebrook Hotel Trust from $20.25 to $21.25 and gave the stock a “buy” rating in a report on Thursday, July 30th. LADENBURG THALM/SH SH boosted their price target on Pebblebrook Hotel Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Finally, Barclays lowered their price objective 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. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $17.37.

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.