Pebblebrook Hotel Trust $PEB Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. lessened its position in Pebblebrook Hotel Trust (NYSE:PEB) by 0.9% during the third quarter, Holdings Channel reports. The institutional investor owned 17,878,699 shares of the real estate investment trust’s stock after selling 171,036 shares during the quarter. Vanguard Group Inc. owned approximately 0.15% of Pebblebrook Hotel Trust worth $203,638,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of PEB. PNC Financial Services Group Inc. raised its position in Pebblebrook Hotel Trust by 87.0% in the third quarter. PNC Financial Services Group Inc. now owns 8,756 shares of the real estate investment trust’s stock worth $100,000 after acquiring an additional 4,073 shares in the last quarter. Aberdeen Group plc raised its holdings in shares of Pebblebrook Hotel Trust by 13.8% in the 3rd quarter. Aberdeen Group plc now owns 41,332 shares of the real estate investment trust’s stock worth $478,000 after purchasing an additional 5,019 shares in the last quarter. Metis Global Partners LLC grew its position in Pebblebrook Hotel Trust by 36.7% in the third quarter. Metis Global Partners LLC now owns 26,766 shares of the real estate investment trust’s stock worth $305,000 after buying an additional 7,179 shares during the last quarter. Public Sector Pension Investment Board increased its holdings in shares of Pebblebrook Hotel Trust by 14.3% in the third quarter. Public Sector Pension Investment Board now owns 462,479 shares of the real estate investment trust’s stock valued at $5,268,000 after buying an additional 57,832 shares in the last quarter. Finally, Optimize Financial Inc acquired a new stake in shares of Pebblebrook Hotel Trust during the 3rd quarter valued at $176,000.

Analyst Upgrades and Downgrades

PEB has been the topic of a number of recent research reports. Weiss Ratings restated a “sell (d)” rating on shares of Pebblebrook Hotel Trust in a report on Monday, December 29th. Compass Point lowered Pebblebrook Hotel Trust from a “neutral” rating to a “sell” rating and decreased their price target for the company from $12.00 to $11.50 in a research report on Monday, November 10th. Truist Financial boosted their price objective on Pebblebrook Hotel Trust from $11.00 to $12.00 and gave the stock a “hold” rating in a report on Monday, January 12th. Wells Fargo & Company lifted their target price on shares of Pebblebrook Hotel Trust from $11.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Monday, December 1st. Finally, Stifel Nicolaus set a $13.50 price target on shares of Pebblebrook Hotel Trust in a report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have given a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $11.91.

Pebblebrook Hotel Trust Stock Performance

Shares of PEB opened at $12.83 on Monday. The company has a market capitalization of $1.46 billion, a PE ratio of -14.10 and a beta of 1.48. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.09 and a current ratio of 1.09. The company’s 50 day moving average price is $12.04 and its 200 day moving average price is $11.40. Pebblebrook Hotel Trust has a 52 week low of $7.41 and a 52 week high of $13.35.

Pebblebrook Hotel Trust (NYSE:PEB) last issued its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.04. Pebblebrook Hotel Trust had a negative net margin of 5.18% and a negative return on equity of 2.88%. The company had revenue of $349.02 million during the quarter, compared to analyst estimates of $342.03 million. During the same quarter last year, the business posted $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. Research analysts expect that Pebblebrook Hotel Trust will post 1.5 EPS for the current fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a $0.01 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $0.04 dividend on an annualized basis and a yield of 0.3%. Pebblebrook Hotel Trust’s payout ratio is -4.40%.

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.