Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) had its target price hoisted by equities researchers at Wells Fargo & Company from $12.00 to $16.00 in a research note issued on Monday,Benzinga reports. The firm currently has an “equal weight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s target price indicates a potential upside of 2.97% from the company’s current price.
PEB has been the topic of a number of other research reports. Morgan Stanley increased their target price on Pebblebrook Hotel Trust from $10.00 to $12.00 and gave the company an “underweight” rating in a research note on Tuesday, May 12th. Evercore set a $15.00 price objective on shares of Pebblebrook Hotel Trust in a research note on Monday, April 27th. Citigroup raised their price target on Pebblebrook Hotel Trust from $13.00 to $15.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Zacks Research cut shares of Pebblebrook Hotel Trust from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 15th. Finally, Cantor Fitzgerald raised their price target on Pebblebrook Hotel Trust from $14.00 to $15.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Pebblebrook Hotel Trust currently has a consensus rating of “Hold” and a consensus target price of $14.56.
View Our Latest Analysis on PEB
Pebblebrook Hotel Trust Price Performance
Pebblebrook Hotel Trust (NYSE:PEB – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported ($0.26) EPS for the quarter, topping analysts’ consensus estimates of ($0.31) by $0.05. The business had revenue of $345.66 million during the quarter, compared to analysts’ expectations of $331.23 million. Pebblebrook Hotel Trust had a negative net margin of 4.18% and a negative return on equity of 2.41%. The business’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.16 EPS. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. As a group, sell-side analysts anticipate that Pebblebrook Hotel Trust will post 1.54 EPS for the current year.
Institutional Investors Weigh In On Pebblebrook Hotel Trust
A number of institutional investors have recently bought and sold shares of PEB. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of Pebblebrook Hotel Trust during the first quarter worth about $34,000. Quadrant Capital Group LLC boosted 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 acquiring an additional 796 shares during the last quarter. Cullen Frost Bankers Inc. purchased a new position in shares of Pebblebrook Hotel Trust in the 4th quarter worth $38,000. Mirae Asset Global Investments Co. Ltd. increased its stake in Pebblebrook Hotel Trust by 33.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,465 shares of the real estate investment trust’s stock worth $39,000 after acquiring an additional 865 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in Pebblebrook Hotel Trust by 188.0% during the 4th quarter. Hantz Financial Services Inc. now owns 5,049 shares of the real estate investment trust’s stock valued at $57,000 after buying an additional 3,296 shares during the period.
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.
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