Pebblebrook Hotel Trust (NYSE:PEB) Stock Rating Lowered by Zacks Research

Pebblebrook Hotel Trust (NYSE:PEB) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

A number of other research analysts also recently issued reports on PEB. Cantor Fitzgerald increased their price objective on Pebblebrook Hotel Trust from $15.00 to $19.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Morgan Stanley boosted their target price on Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the company an “underweight” rating in a research note on Friday, July 17th. Weiss Ratings raised Pebblebrook Hotel Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, August 7th. LADENBURG THALM/SH SH raised their price target on shares of Pebblebrook Hotel Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $18.00 price objective on shares of Pebblebrook Hotel Trust in a report on Monday, June 8th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $17.44.

Pebblebrook Hotel Trust Trading Up 0.2%

PEB opened at $18.38 on Tuesday. The stock has a market capitalization of $2.07 billion, a P/E ratio of -26.64, a P/E/G ratio of 1.26 and a beta of 1.40. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.83. Pebblebrook Hotel Trust has a 12 month low of $9.99 and a 12 month high of $19.93. The firm’s fifty day simple moving average is $18.70 and its 200 day simple moving average is $15.59.

Pebblebrook Hotel Trust (NYSE:PEB) last released its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 earnings per share (EPS) 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 firm had revenue of $407.14 million during the quarter, compared to analysts’ expectations of $400.05 million. During the same quarter in the prior year, the company earned $0.65 EPS. The company’s revenue was down .1% on a year-over-year basis. 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. As a group, research analysts anticipate that Pebblebrook Hotel Trust will post 1.7 EPS for the current fiscal year.

Institutional Trading of Pebblebrook Hotel Trust

Several institutional investors and hedge funds have recently bought and sold shares of PEB. California State Teachers Retirement System raised its stake in shares of Pebblebrook Hotel Trust by 1,555.8% during the 2nd quarter. California State Teachers Retirement System now owns 2,471,572 shares of the real estate investment trust’s stock worth $47,973,000 after purchasing an additional 2,322,306 shares in the last quarter. Alyeska Investment Group L.P. grew its stake in shares of Pebblebrook Hotel Trust by 56.4% in the third quarter. Alyeska Investment Group L.P. now owns 6,268,902 shares of the real estate investment trust’s stock valued at $71,403,000 after buying an additional 2,259,389 shares in the last quarter. Millennium Management LLC grew its stake in shares of Pebblebrook Hotel Trust by 2,584.8% in 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 buying an additional 2,080,641 shares in the last quarter. Legal & General Group Plc acquired a new position in Pebblebrook Hotel Trust during the second quarter worth $36,905,000. Finally, Woodline Partners LP increased 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 worth $35,889,000 after buying an additional 1,682,855 shares during the last quarter.

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.