Pebblebrook Hotel Trust $PEB Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC grew its position in Pebblebrook Hotel Trust (NYSE:PEB) by 20.4% during the fourth quarter, Holdings Channel reports. The firm owned 191,233 shares of the real estate investment trust’s stock after acquiring an additional 32,440 shares during the period. Hsbc Holdings PLC’s holdings in Pebblebrook Hotel Trust were worth $2,165,000 as of its most recent filing with the SEC.

Other institutional investors have also recently modified their holdings of the company. Invesco Ltd. raised its stake in shares of Pebblebrook Hotel Trust by 19.5% in the fourth quarter. Invesco Ltd. now owns 804,021 shares of the real estate investment trust’s stock worth $9,102,000 after purchasing an additional 131,316 shares during the last quarter. Corient Private Wealth LLC increased its holdings in Pebblebrook Hotel Trust by 3.6% in the 4th quarter. Corient Private Wealth LLC now owns 76,556 shares of the real estate investment trust’s stock worth $867,000 after buying an additional 2,677 shares during the period. Mercer Global Advisors Inc. ADV increased its holdings in Pebblebrook Hotel Trust by 20.3% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 34,147 shares of the real estate investment trust’s stock worth $387,000 after buying an additional 5,771 shares during the period. NewEdge Advisors LLC purchased a new position in Pebblebrook Hotel Trust during the 4th quarter worth approximately $545,000. Finally, XTX Topco Ltd purchased a new position in Pebblebrook Hotel Trust during the 4th quarter worth approximately $121,000.

Pebblebrook Hotel Trust Trading Up 1.4%

Shares of NYSE:PEB opened at $19.32 on Tuesday. Pebblebrook Hotel Trust has a 12-month low of $9.30 and a 12-month high of $19.60. The company has a market capitalization of $2.19 billion, a PE ratio of -24.15, a PEG ratio of 1.65 and a beta of 1.45. The business has a 50 day moving average of $15.90 and a two-hundred day moving average of $13.54. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.82.

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 analysts’ consensus estimates of ($0.31) by $0.05. The business had revenue of $345.66 million for 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 revenue was up 7.9% on a year-over-year basis. During the same quarter last 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, analysts forecast that Pebblebrook Hotel Trust will post 1.6 EPS for the current year.

Pebblebrook Hotel Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.01 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.04 dividend on an annualized basis and a yield of 0.2%. Pebblebrook Hotel Trust’s dividend payout ratio is -5.00%.

Analyst Ratings Changes

Several research firms have recently commented on PEB. Cantor Fitzgerald upped their price objective on shares of Pebblebrook Hotel Trust from $14.00 to $15.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. Zacks Research raised shares of Pebblebrook Hotel Trust from a “hold” rating to a “strong-buy” rating in a report on Monday, June 15th. Wells Fargo & Company boosted their target price on shares of Pebblebrook Hotel Trust from $12.00 to $16.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. Morgan Stanley upped their price target on shares of Pebblebrook Hotel Trust from $10.00 to $12.00 and gave the company an “underweight” rating in a report on Tuesday, May 12th. Finally, Evercore set a $15.00 price target on Pebblebrook Hotel Trust in a research report on Monday, April 27th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Pebblebrook Hotel Trust presently has a consensus rating of “Hold” and an average price target of $16.06.

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.