Wells Fargo & Company Issues Pessimistic Forecast for Pebblebrook Hotel Trust (NYSE:PEB) Stock Price

Pebblebrook Hotel Trust (NYSE:PEB) had its price target reduced by Wells Fargo & Company from $13.00 to $12.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has an “equal weight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s target price suggests a potential downside of 5.99% from the stock’s previous close.

A number of other research firms have also weighed in on PEB. Robert W. Baird set a $15.00 target price on shares of Pebblebrook Hotel Trust and gave the stock an “outperform” rating in a report on Monday, January 12th. Wall Street Zen raised shares of Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a report on Saturday, February 28th. Cantor Fitzgerald boosted their price target on shares of Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the company a “neutral” rating in a research report on Tuesday, March 3rd. Zacks Research raised shares of Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 17th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Pebblebrook Hotel Trust in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, six have given a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $12.00.

Pebblebrook Hotel Trust Stock Performance

Shares of PEB opened at $12.76 on Tuesday. Pebblebrook Hotel Trust has a 52-week low of $7.41 and a 52-week high of $13.35. The stock’s 50-day simple moving average is $12.31 and its 200 day simple moving average is $11.61. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.09 and a current ratio of 1.09. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of -14.03 and a beta of 1.48.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.04. Pebblebrook Hotel Trust had a negative return on equity of 2.88% and a negative net margin of 5.18%.The business had revenue of $349.02 million during the quarter, compared to analyst estimates of $342.03 million. During the same quarter in the previous year, the firm 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. Research analysts forecast that Pebblebrook Hotel Trust will post 1.5 EPS for the current fiscal year.

Institutional Investors Weigh In On Pebblebrook Hotel Trust

Several hedge funds have recently added to or reduced their stakes in PEB. Alyeska Investment Group L.P. boosted its holdings in shares of Pebblebrook Hotel Trust by 56.4% in the 3rd quarter. Alyeska Investment Group L.P. now owns 6,268,902 shares of the real estate investment trust’s stock worth $71,403,000 after purchasing an additional 2,259,389 shares in the last quarter. Millennium Management LLC raised its holdings in shares of Pebblebrook Hotel Trust by 2,584.8% during the 3rd quarter. Millennium Management LLC now owns 2,161,137 shares of the real estate investment trust’s stock valued at $24,615,000 after buying an additional 2,080,641 shares in the last quarter. Woodline Partners LP lifted its position in Pebblebrook Hotel Trust by 114.6% in the 3rd quarter. Woodline Partners LP now owns 3,150,890 shares of the real estate investment trust’s stock worth $35,889,000 after buying an additional 1,682,855 shares during the last quarter. Schonfeld Strategic Advisors LLC boosted its stake in Pebblebrook Hotel Trust by 684.1% in the third quarter. Schonfeld Strategic Advisors LLC now owns 1,576,228 shares of the real estate investment trust’s stock worth $17,953,000 after buying an additional 1,375,207 shares in the last quarter. Finally, MetLife Investment Management LLC boosted its stake in Pebblebrook Hotel Trust by 1,736.3% in the fourth quarter. MetLife Investment Management LLC now owns 1,322,264 shares of the real estate investment trust’s stock worth $14,968,000 after buying an additional 1,250,256 shares in the last quarter.

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.