50,400 Shares in Pebblebrook Hotel Trust $PEB Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System acquired a new stake in Pebblebrook Hotel Trust (NYSE:PEB) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 50,400 shares of the real estate investment trust’s stock, valued at approximately $637,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Quadrant Capital Group LLC raised its stake in shares of Pebblebrook Hotel Trust by 32.8% in the fourth quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 796 shares during the last quarter. Amundi lifted its holdings in shares of Pebblebrook Hotel Trust by 1.1% during the fourth quarter. Amundi now owns 81,472 shares of the real estate investment trust’s stock valued at $922,000 after purchasing an additional 857 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of 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 valued at $39,000 after buying an additional 865 shares during the last quarter. Inspire Investing LLC increased its holdings in Pebblebrook Hotel Trust by 4.9% in the 4th quarter. Inspire Investing LLC now owns 41,478 shares of the real estate investment trust’s stock worth $470,000 after buying an additional 1,931 shares in the last quarter. Finally, Federation des caisses Desjardins du Quebec increased its holdings in Pebblebrook Hotel Trust by 26.7% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 9,346 shares of the real estate investment trust’s stock worth $106,000 after buying an additional 1,972 shares in the last quarter.

Pebblebrook Hotel Trust Stock Down 1.3%

PEB stock opened at $18.41 on Wednesday. Pebblebrook Hotel Trust has a fifty-two week low of $9.30 and a fifty-two week high of $19.75. The business’s 50-day moving average is $16.48 and its two-hundred day moving average is $13.85. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market cap of $2.09 billion, a price-to-earnings ratio of -23.01, a P/E/G ratio of 1.62 and a beta of 1.39.

Pebblebrook Hotel Trust (NYSE:PEB) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported ($0.26) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.31) by $0.05. Pebblebrook Hotel Trust had a negative return on equity of 2.41% and a negative net margin of 4.18%.The business had revenue of $345.66 million during the quarter, compared to the consensus estimate of $331.23 million. During the same period in the previous year, the company posted $0.16 EPS. The business’s quarterly revenue was up 7.9% compared to the same quarter last year. 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 earnings per share for the current year.

Pebblebrook Hotel Trust Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on PEB shares. Wells Fargo & Company upped 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 note on Monday, June 1st. Stifel Nicolaus lifted their price target on shares of Pebblebrook Hotel Trust from $18.00 to $20.25 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Barclays boosted their price objective on shares of Pebblebrook Hotel Trust from $9.00 to $13.00 and gave the company an “underweight” rating in a report on Monday, June 1st. Truist Financial increased their price objective on shares of Pebblebrook Hotel Trust from $17.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, June 29th. Finally, Cantor Fitzgerald raised their target price on shares of Pebblebrook Hotel Trust from $14.00 to $15.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Two equities research 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 issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $16.06.

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.