Pebblebrook Hotel Trust (NYSE:PEB) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Pebblebrook Hotel Trust (NYSE:PEBGet Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.42 and traded as high as $19.03. Pebblebrook Hotel Trust shares last traded at $18.9180, with a volume of 2,725,782 shares traded.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on PEB shares. BMO Capital Markets reaffirmed a “market perform” rating and set a $17.00 target price on shares of Pebblebrook Hotel Trust in a research note on Friday, June 12th. Cantor Fitzgerald boosted their price target on shares of Pebblebrook Hotel Trust from $14.00 to $15.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 13th. Wells Fargo & Company upped their price target on shares of Pebblebrook Hotel Trust from $12.00 to $16.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Truist Financial upgraded shares of Pebblebrook Hotel Trust from a “hold” rating to a “buy” rating and raised their price objective for the company from $14.00 to $17.00 in a research report on Wednesday, May 27th. Finally, LADENBURG THALM/SH SH lifted their price objective on shares of Pebblebrook Hotel Trust from $15.00 to $19.00 and gave the stock a “neutral” rating in a research note on Thursday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, Pebblebrook Hotel Trust has a consensus rating of “Hold” and a consensus target price of $15.67.

View Our Latest Report on PEB

Pebblebrook Hotel Trust Price Performance

The company has a market cap of $2.14 billion, a price-to-earnings ratio of -23.65, a P/E/G ratio of 1.61 and a beta of 1.45. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.82. The business has a 50-day moving average price of $15.69 and a 200 day moving average price of $13.42.

Pebblebrook Hotel Trust (NYSE:PEBGet Free Report) last issued its earnings results on Tuesday, April 28th. The real estate investment trust reported ($0.26) earnings per share (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 return on equity of 2.41% and a negative net margin of 4.18%.The company’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.16 EPS. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. As a group, research analysts expect that Pebblebrook Hotel Trust will post 1.6 earnings per share for the current fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a $0.01 dividend. 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 (DPR) is currently -5.00%.

Institutional Trading of Pebblebrook Hotel Trust

Several institutional investors and hedge funds have recently bought and sold shares of PEB. M&T Bank Corp acquired a new position in Pebblebrook Hotel Trust in the 4th quarter worth approximately $4,411,000. SG Americas Securities LLC raised its stake in Pebblebrook Hotel Trust by 40.4% during the 4th quarter. SG Americas Securities LLC now owns 153,226 shares of the real estate investment trust’s stock valued at $1,735,000 after purchasing an additional 44,079 shares during the period. APG Asset Management US Inc. acquired a new stake in Pebblebrook Hotel Trust during the 3rd quarter valued at $5,545,000. Voss Capital LP purchased a new stake in shares of Pebblebrook Hotel Trust in the fourth quarter valued at $4,897,000. Finally, Legal & General Group Plc lifted its holdings in shares of Pebblebrook Hotel Trust by 14.1% in the fourth quarter. Legal & General Group Plc now owns 2,566,267 shares of the real estate investment trust’s stock valued at $29,050,000 after purchasing an additional 317,573 shares in the last quarter.

Pebblebrook Hotel Trust Company Profile

(Get Free Report)

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.

Further Reading

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