Hsbc Holdings PLC Acquires 32,440 Shares of Pebblebrook Hotel Trust $PEB

Hsbc Holdings PLC grew its holdings in shares of Pebblebrook Hotel Trust (NYSE:PEB) by 20.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 191,233 shares of the real estate investment trust’s stock after buying an additional 32,440 shares during the quarter. Hsbc Holdings PLC owned 0.17% of Pebblebrook Hotel Trust worth $2,165,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Quadrant Capital Group LLC increased its holdings in Pebblebrook Hotel Trust by 32.8% during the 4th 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 in the last quarter. Cullen Frost Bankers Inc. bought a new position in shares of Pebblebrook Hotel Trust in the fourth quarter valued at approximately $38,000. 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. Hantz Financial Services Inc. boosted its position in shares of Pebblebrook Hotel Trust by 188.0% during 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 buying an additional 3,296 shares during the last quarter. Finally, Pensionfund Sabic bought a new stake in Pebblebrook Hotel Trust during the fourth quarter worth $72,000.

Wall Street Analysts Forecast Growth

PEB has been the topic of several recent analyst reports. BMO Capital Markets restated a “market perform” rating and set a $17.00 price objective on shares of Pebblebrook Hotel Trust in a research note on Friday, June 12th. Wells Fargo & Company increased 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 report on Monday, June 1st. Raymond James Financial reissued an “outperform” rating and set a $18.00 price target on shares of Pebblebrook Hotel Trust in a research report on Monday, June 8th. Morgan Stanley boosted their price target on shares of Pebblebrook Hotel Trust from $10.00 to $12.00 and gave the stock an “underweight” rating in a report on Tuesday, May 12th. Finally, Cantor Fitzgerald upped their price objective 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. Two investment 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 company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $16.06.

Pebblebrook Hotel Trust Stock Performance

NYSE:PEB traded up $0.17 during trading on Friday, reaching $18.16. The company’s stock had a trading volume of 1,227,418 shares, compared to its average volume of 3,056,618. Pebblebrook Hotel Trust has a 12 month low of $9.30 and a 12 month high of $19.75. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of -22.71, a price-to-earnings-growth ratio of 1.57 and a beta of 1.39. The firm has a 50 day moving average of $16.71 and a 200-day moving average of $13.97. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.04 and a current ratio of 1.04.

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

Pebblebrook Hotel Trust Announces Dividend

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

Pebblebrook Hotel Trust Company 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.