60,979 Shares in Pebblebrook Hotel Trust $PEB Purchased by Performance Wealth Partners LLC

Performance Wealth Partners LLC bought a new stake in shares of Pebblebrook Hotel Trust (NYSE:PEB) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 60,979 shares of the real estate investment trust’s stock, valued at approximately $1,184,000. Performance Wealth Partners LLC owned 0.05% of Pebblebrook Hotel Trust as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of PEB. Whittier Trust Co. of Nevada Inc. bought a new position in Pebblebrook Hotel Trust in the first quarter worth approximately $34,000. Quadrant Capital Group LLC boosted its position 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 valued at $36,000 after acquiring an additional 796 shares in the last quarter. Cullen Frost Bankers Inc. bought a new stake in Pebblebrook Hotel Trust during the 4th quarter valued at $38,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Pebblebrook Hotel Trust by 33.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,465 shares of the real estate investment trust’s stock valued at $39,000 after acquiring an additional 865 shares during the period. Finally, Hantz Financial Services Inc. raised its position in shares of Pebblebrook Hotel Trust by 188.0% in the 4th quarter. Hantz Financial Services Inc. now owns 5,049 shares of the real estate investment trust’s stock worth $57,000 after acquiring an additional 3,296 shares in the last quarter.

Pebblebrook Hotel Trust Stock Down 0.6%

Shares of PEB stock opened at $18.14 on Tuesday. The stock’s fifty day moving average price is $18.65 and its 200 day moving average price is $15.26. Pebblebrook Hotel Trust has a 1-year low of $9.90 and a 1-year high of $19.93. The company has a market cap of $2.05 billion, a price-to-earnings ratio of -26.29, a price-to-earnings-growth ratio of 1.25 and a beta of 1.40. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.34 and a quick ratio of 1.34.

Pebblebrook Hotel Trust (NYSE:PEB) last issued its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.56. The business had revenue of $407.14 million during the quarter, compared to the consensus estimate of $400.05 million. Pebblebrook Hotel Trust had a negative return on equity of 1.83% and a negative net margin of 3.11%.The company’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter last year, the company earned $0.65 earnings per share. 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 expect that Pebblebrook Hotel Trust will post 1.7 earnings per share for the current fiscal year.

Pebblebrook Hotel Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.01 per share. The ex-dividend date of this dividend was 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 -5.80%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on PEB. Truist Financial raised their price objective on Pebblebrook Hotel Trust from $17.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, June 29th. Raymond James Financial reissued an “outperform” rating and set a $18.00 price target on shares of Pebblebrook Hotel Trust in a research report on Monday, June 8th. Citigroup raised their price target on shares of Pebblebrook Hotel Trust from $15.00 to $20.00 and gave the company a “neutral” rating in a report on Wednesday, July 22nd. Cantor Fitzgerald lifted their price objective on shares of Pebblebrook Hotel Trust from $15.00 to $19.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. Finally, Weiss Ratings upgraded shares of Pebblebrook Hotel Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, August 7th. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $17.44.

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.