Pebblebrook Hotel Trust (NYSE:PEB) Rating Increased to Hold at Wells Fargo & Company

Pebblebrook Hotel Trust (NYSE:PEB) was upgraded by investment analysts at Wells Fargo & Company to a “hold” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Several other research firms have also recently weighed in on PEB. Stifel Nicolaus lifted their price objective on Pebblebrook Hotel Trust from $18.00 to $20.25 and gave the company a “buy” rating in a report on Thursday, June 18th. LADENBURG THALM/SH SH boosted their price objective on Pebblebrook Hotel Trust from $15.00 to $19.00 and gave the company a “neutral” rating in a research report on Thursday, June 18th. Evercore set a $15.00 target price on Pebblebrook Hotel Trust in a research note on Monday, April 27th. Raymond James Financial restated an “outperform” rating and set a $18.00 target price on shares of Pebblebrook Hotel Trust in a report on Monday, June 8th. Finally, Barclays upped their price target on shares of Pebblebrook Hotel Trust from $13.00 to $15.00 and gave the company an “underweight” rating in a report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, Pebblebrook Hotel Trust presently has an average rating of “Hold” and an average price target of $16.90.

Pebblebrook Hotel Trust Trading Up 0.7%

Shares of NYSE PEB opened at $19.09 on Thursday. Pebblebrook Hotel Trust has a twelve month low of $9.30 and a twelve month high of $19.93. The stock has a market cap of $2.16 billion, a price-to-earnings ratio of -23.87, a P/E/G ratio of 1.31 and a beta of 1.39. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.82. The company’s fifty day moving average is $17.65 and its 200-day moving average is $14.50.

Pebblebrook Hotel Trust (NYSE:PEB) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported ($0.26) EPS for the quarter, topping the consensus estimate of ($0.31) by $0.05. The business had revenue of $345.66 million for the quarter, compared to the consensus estimate of $331.23 million. Pebblebrook Hotel Trust had a negative return on equity of 2.41% and a negative net margin of 4.18%.The firm’s revenue was up 7.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.16 EPS. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. Equities research analysts predict that Pebblebrook Hotel Trust will post 1.61 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of PEB. AQR Capital Management LLC boosted its position in Pebblebrook Hotel Trust by 174.6% during the 1st quarter. AQR Capital Management LLC now owns 93,371 shares of the real estate investment trust’s stock worth $941,000 after acquiring an additional 59,367 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake 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 acquiring an additional 3,075 shares in the last quarter. Caxton Associates LLP acquired a new stake in shares of Pebblebrook Hotel Trust in the first quarter valued at approximately $310,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Pebblebrook Hotel Trust by 8.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 659,945 shares of the real estate investment trust’s stock valued at $6,685,000 after purchasing an additional 48,640 shares during the last quarter. Finally, Creative Planning bought a new stake in shares of Pebblebrook Hotel Trust in the second quarter worth $176,000.

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.