Jupiter Topco LLC Acquires Shares of 47,612 Pebblebrook Hotel Trust $PEB

Jupiter Topco LLC acquired a new position in Pebblebrook Hotel Trust (NYSE:PEB) in the second quarter, Holdings Channel reports. The institutional investor acquired 47,612 shares of the real estate investment trust’s stock, valued at approximately $924,000.

A number of other large investors have also recently made changes to their positions in PEB. Quadrant Capital Group LLC raised its position in shares of 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 buying an additional 796 shares in the last quarter. Amundi grew its position in Pebblebrook Hotel Trust by 1.1% in the fourth quarter. Amundi now owns 81,472 shares of the real estate investment trust’s stock worth $922,000 after acquiring an additional 857 shares in the last quarter. GAMMA Investing LLC grew its position in Pebblebrook Hotel Trust by 10.5% in the second quarter. GAMMA Investing LLC now owns 11,876 shares of the real estate investment trust’s stock worth $231,000 after acquiring an additional 1,130 shares in the last quarter. Inspire Investing LLC increased its stake in Pebblebrook Hotel Trust by 4.9% during the fourth quarter. Inspire Investing LLC now owns 41,478 shares of the real estate investment trust’s stock worth $470,000 after acquiring an additional 1,931 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec increased its stake in Pebblebrook Hotel Trust by 26.7% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 9,346 shares of the real estate investment trust’s stock worth $106,000 after acquiring an additional 1,972 shares during the last quarter.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on PEB. Zacks Research lowered Pebblebrook Hotel Trust from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Truist Financial boosted their target price 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. LADENBURG THALM/SH SH increased their price target on Pebblebrook Hotel Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Morgan Stanley lifted their price objective on shares of Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the stock an “underweight” rating in a research note on Friday, July 17th. Finally, Wells Fargo & Company lifted their price objective on shares of Pebblebrook Hotel Trust from $16.00 to $19.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $17.37.

Pebblebrook Hotel Trust Stock Up 1.7%

Shares of NYSE PEB opened at $18.03 on Friday. Pebblebrook Hotel Trust has a 1 year low of $9.99 and a 1 year high of $19.93. The firm has a 50-day simple moving average of $18.60 and a two-hundred day simple moving average of $15.84. The company has a market cap of $2.03 billion, a P/E ratio of -26.13, a PEG ratio of 1.24 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 released its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 EPS for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $400.05 million. During the same quarter in the prior year, the firm posted $0.65 earnings per share. The company’s quarterly 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. Research analysts anticipate that Pebblebrook Hotel Trust will post 1.7 earnings per share for the current year.

Pebblebrook Hotel Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Tuesday, June 30th. Pebblebrook Hotel Trust’s dividend payout ratio is -5.80%.

Pebblebrook Hotel Trust 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.