Pebblebrook Hotel Trust (NYSE:PEB) Downgraded to Sell Rating by Compass Point

Pebblebrook Hotel Trust (NYSE:PEB) was downgraded by Compass Point from a “neutral” rating to a “sell” rating in a research note issued on Monday,Finviz reports. They currently have a $11.50 price objective on the real estate investment trust’s stock. Compass Point’s target price points to a potential upside of 1.72% from the stock’s current price.

Several other equities analysts also recently issued reports on the company. Stifel Nicolaus set a $13.50 price objective on Pebblebrook Hotel Trust in a research report on Thursday. Evercore ISI raised their target price on Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the company an “in-line” rating in a research note on Thursday, September 18th. Cantor Fitzgerald began coverage on Pebblebrook Hotel Trust in a research note on Wednesday, October 1st. They issued a “neutral” rating and a $12.00 target price for the company. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Pebblebrook Hotel Trust in a report on Wednesday, October 8th. Finally, Robert W. Baird upped their price target on shares of Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $11.70.

Pebblebrook Hotel Trust Price Performance

NYSE:PEB opened at $11.31 on Monday. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.82. The firm has a market cap of $1.28 billion, a PE ratio of -19.49 and a beta of 1.85. Pebblebrook Hotel Trust has a 12 month low of $7.41 and a 12 month high of $15.12. The company’s 50-day moving average price is $11.12 and its two-hundred day moving average price is $10.33.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its quarterly earnings data on Wednesday, November 5th. The real estate investment trust reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.01. Pebblebrook Hotel Trust had a negative net margin of 2.20% and a negative return on equity of 1.17%. The company had revenue of $398.72 million during the quarter, compared to analyst estimates of $396.80 million. During the same quarter last year, the business posted $0.59 earnings per share. The company’s revenue was down 1.4% on a year-over-year basis. Pebblebrook Hotel Trust has set its FY 2025 guidance at 1.500-1.570 EPS. Q4 2025 guidance at 0.180-0.260 EPS. On average, equities analysts anticipate that Pebblebrook Hotel Trust will post 1.5 EPS for the current fiscal year.

Institutional Trading of Pebblebrook Hotel Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Woodline Partners LP bought a new position in shares of Pebblebrook Hotel Trust in the 1st quarter valued at about $30,155,000. Allianz Asset Management GmbH lifted its holdings in Pebblebrook Hotel Trust by 108.7% in the third quarter. Allianz Asset Management GmbH now owns 707,913 shares of the real estate investment trust’s stock valued at $8,063,000 after buying an additional 368,681 shares during the period. AQR Capital Management LLC boosted its stake in Pebblebrook Hotel Trust by 376.8% in the second quarter. AQR Capital Management LLC now owns 445,210 shares of the real estate investment trust’s stock valued at $4,448,000 after acquiring an additional 351,839 shares during the last quarter. Kettle Hill Capital Management LLC acquired a new stake in Pebblebrook Hotel Trust during the 1st quarter worth $2,960,000. Finally, Ameriprise Financial Inc. grew its holdings in Pebblebrook Hotel Trust by 41.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 936,280 shares of the real estate investment trust’s stock worth $9,354,000 after acquiring an additional 274,569 shares during the period.

About Pebblebrook Hotel Trust

Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust ("REIT") and the largest owner of urban and resort lifestyle hotels and resorts in the United States. The Company owns 47 hotels and resorts, totaling approximately 12,200 guest rooms across 13 urban and resort markets.