SG Americas Securities LLC Sells 105,249 Shares of Pebblebrook Hotel Trust $PEB

SG Americas Securities LLC lessened its stake in shares of Pebblebrook Hotel Trust (NYSE:PEB) by 68.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 47,977 shares of the real estate investment trust’s stock after selling 105,249 shares during the quarter. SG Americas Securities LLC’s holdings in Pebblebrook Hotel Trust were worth $606,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Quadrant Capital Group LLC raised its stake in shares of Pebblebrook Hotel Trust by 32.8% in the 4th quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 796 shares in the last quarter. Cullen Frost Bankers Inc. acquired a new position in Pebblebrook Hotel Trust during the fourth quarter valued at approximately $38,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in 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 purchasing an additional 865 shares during the last quarter. Hantz Financial Services Inc. raised its position in shares of Pebblebrook Hotel Trust by 188.0% in the fourth quarter. Hantz Financial Services Inc. now owns 5,049 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 3,296 shares during the period. Finally, Pensionfund Sabic acquired a new stake in shares of Pebblebrook Hotel Trust in the fourth quarter worth $72,000.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Zacks Research upgraded shares of Pebblebrook Hotel Trust from a “hold” rating to a “strong-buy” rating in a research note 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 stock an “equal weight” rating in a research report on Monday, June 1st. Citigroup raised their price target on Pebblebrook Hotel Trust from $13.00 to $15.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Raymond James Financial reiterated an “outperform” rating and issued a $18.00 price objective on shares of Pebblebrook Hotel Trust in a research note on Monday, June 8th. Finally, Stifel Nicolaus boosted their price objective on Pebblebrook Hotel Trust from $18.00 to $20.25 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $16.06.

Pebblebrook Hotel Trust Price Performance

Shares of Pebblebrook Hotel Trust stock opened at $18.41 on Wednesday. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.04 and a quick ratio of 1.04. The company has a market cap of $2.09 billion, a PE ratio of -23.01, a price-to-earnings-growth ratio of 1.62 and a beta of 1.39. The firm has a fifty day moving average price of $16.48 and a two-hundred day moving average price of $13.85. Pebblebrook Hotel Trust has a fifty-two week low of $9.30 and a fifty-two week high of $19.75.

Pebblebrook Hotel Trust (NYSE:PEB) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported ($0.26) EPS for the quarter, beating analysts’ consensus estimates of ($0.31) by $0.05. Pebblebrook Hotel Trust had a negative net margin of 4.18% and a negative return on equity of 2.41%. The business had revenue of $345.66 million during the quarter, compared to analyst estimates of $331.23 million. During the same quarter in the prior year, the business earned $0.16 earnings per share. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. Pebblebrook Hotel Trust has set its Q2 2026 guidance at 0.580-0.620 EPS. Analysts expect that Pebblebrook Hotel Trust will post 1.6 EPS for the current year.

Pebblebrook Hotel Trust Announces Dividend

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

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.