Wells Fargo & Company Issues Pessimistic Forecast for Pebblebrook Hotel Trust (NYSE:PEB) Stock Price

Pebblebrook Hotel Trust (NYSE:PEB) had its price target cut by equities research analysts at Wells Fargo & Company from $13.00 to $12.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has an “equal weight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price objective would suggest a potential downside of 3.22% from the stock’s current price.

Other equities analysts have also issued reports about the stock. Cantor Fitzgerald lifted their target price on shares of Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the company a “neutral” rating in a report on Tuesday, March 3rd. Wall Street Zen upgraded Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research note on Saturday, February 28th. Zacks Research raised Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 17th. Barclays assumed coverage on Pebblebrook Hotel Trust in a research note on Tuesday, January 6th. They set an “underweight” rating and a $10.00 price objective for the company. Finally, Citigroup increased their target price on Pebblebrook Hotel Trust from $10.00 to $13.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, six have assigned a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, Pebblebrook Hotel Trust has an average rating of “Reduce” and a consensus price target of $12.00.

Pebblebrook Hotel Trust Stock Down 0.2%

Shares of Pebblebrook Hotel Trust stock traded down $0.03 during trading on Tuesday, hitting $12.40. The company’s stock had a trading volume of 72,979 shares, compared to its average volume of 2,265,406. 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 has a fifty day simple moving average of $12.29 and a two-hundred day simple moving average of $11.59. The company has a market capitalization of $1.41 billion, a PE ratio of -13.59 and a beta of 1.48. 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 posted its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported $0.27 EPS for the quarter, topping the consensus estimate of $0.23 by $0.04. The business had revenue of $349.02 million for the quarter, compared to analyst estimates of $342.03 million. Pebblebrook Hotel Trust had a negative net margin of 5.18% and a negative return on equity of 2.88%. During the same quarter in the previous year, the firm posted $0.20 earnings per share. 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. Equities research analysts predict that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current year.

Institutional Investors Weigh In On Pebblebrook Hotel Trust

A number of hedge funds have recently added to or reduced their stakes in the stock. Alyeska Investment Group L.P. raised its holdings in Pebblebrook Hotel Trust by 56.4% in the 3rd quarter. Alyeska Investment Group L.P. now owns 6,268,902 shares of the real estate investment trust’s stock worth $71,403,000 after purchasing an additional 2,259,389 shares during the period. Millennium Management LLC grew its holdings in Pebblebrook Hotel Trust by 2,584.8% during the third quarter. Millennium Management LLC now owns 2,161,137 shares of the real estate investment trust’s stock valued at $24,615,000 after purchasing an additional 2,080,641 shares during the period. Woodline Partners LP grew its holdings in Pebblebrook Hotel Trust by 114.6% during the third quarter. Woodline Partners LP now owns 3,150,890 shares of the real estate investment trust’s stock valued at $35,889,000 after purchasing an additional 1,682,855 shares during the period. Schonfeld Strategic Advisors LLC increased its position in Pebblebrook Hotel Trust by 684.1% in the third quarter. Schonfeld Strategic Advisors LLC now owns 1,576,228 shares of the real estate investment trust’s stock worth $17,953,000 after buying an additional 1,375,207 shares in the last quarter. Finally, MetLife Investment Management LLC increased its position in Pebblebrook Hotel Trust by 1,736.3% in the fourth quarter. MetLife Investment Management LLC now owns 1,322,264 shares of the real estate investment trust’s stock worth $14,968,000 after buying an additional 1,250,256 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.