APG Asset Management US Inc. Makes New Investment in Pebblebrook Hotel Trust $PEB

APG Asset Management US Inc. bought a new position in shares of Pebblebrook Hotel Trust (NYSE:PEB) during the 3rd quarter, HoldingsChannel reports. The fund bought 494,211 shares of the real estate investment trust’s stock, valued at approximately $5,545,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in PEB. PNC Financial Services Group Inc. lifted its position in Pebblebrook Hotel Trust by 115.2% during the second quarter. PNC Financial Services Group Inc. now owns 4,683 shares of the real estate investment trust’s stock worth $47,000 after buying an additional 2,507 shares in the last quarter. AdvisorShares Investments LLC increased its stake in shares of Pebblebrook Hotel Trust by 52.4% in the 2nd quarter. AdvisorShares Investments LLC now owns 7,621 shares of the real estate investment trust’s stock worth $76,000 after acquiring an additional 2,621 shares during the last quarter. Aster Capital Management DIFC Ltd purchased a new position in shares of Pebblebrook Hotel Trust during the 3rd quarter worth $77,000. Quantbot Technologies LP purchased a new position in shares of Pebblebrook Hotel Trust during the 3rd quarter worth $88,000. Finally, M&T Bank Corp acquired a new position in shares of Pebblebrook Hotel Trust during the 2nd quarter valued at about $116,000.

Pebblebrook Hotel Trust Trading Down 2.6%

NYSE PEB opened at $12.83 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.13 and a current ratio of 1.13. The firm has a market cap of $1.46 billion, a price-to-earnings ratio of -14.10 and a beta of 1.54. The firm has a 50 day simple moving average of $12.04 and a 200-day simple moving average of $11.39. Pebblebrook Hotel Trust has a one year low of $7.41 and a one year high of $13.35.

Pebblebrook Hotel Trust (NYSE:PEB) last released its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. Pebblebrook Hotel Trust had a negative net margin of 5.18% and a negative return on equity of 2.84%. The company had revenue of $349.02 million for the quarter, compared to analyst estimates of $342.03 million. During the same period in the prior year, the business earned $0.20 EPS. Pebblebrook Hotel Trust has set its Q1 2026 guidance at 0.190-0.230 EPS and its FY 2026 guidance at 1.500-1.620 EPS. Equities research analysts anticipate that Pebblebrook Hotel Trust will post 1.5 EPS for the current fiscal year.

Pebblebrook Hotel Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Wednesday, December 31st. Pebblebrook Hotel Trust’s dividend payout ratio (DPR) is presently -4.40%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on PEB. Citigroup raised their price objective on shares of Pebblebrook Hotel Trust from $10.00 to $13.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Robert W. Baird set a $15.00 price target on shares of Pebblebrook Hotel Trust and gave the company an “outperform” rating in a research note on Monday, January 12th. Weiss Ratings restated a “sell (d)” rating on shares of Pebblebrook Hotel Trust in a report on Monday, December 29th. Stifel Nicolaus set a $13.50 price target on shares of Pebblebrook Hotel Trust in a research report on Thursday, November 6th. Finally, Wells Fargo & Company increased their price objective on Pebblebrook Hotel Trust from $11.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Monday, December 1st. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have assigned a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $11.91.

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.