250,000 Shares in Pebblebrook Hotel Trust $PEB Acquired by Anson Funds Management LP

Key Points

• Anson Funds Management LP acquired 250,000 shares in Pebblebrook Hotel Trust, increasing its ownership to 0.21% at a total value of approximately $2.53 million.
• Several hedge funds have adjusted their positions, including T. Rowe Price and Alyeska Investment Group, enhancing their stakes in Pebblebrook Hotel Trust.
• Pebblebrook Hotel Trust recently reported earnings per share (EPS) of $0.65, exceeding expectations, with a revenue increase of 2.6% year-over-year.

Anson Funds Management LP purchased a new stake in Pebblebrook Hotel Trust (NYSE:PEB - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 250,000 shares of the real estate investment trust's stock, valued at approximately $2,532,000. Anson Funds Management LP owned 0.21% of Pebblebrook Hotel Trust at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. T. Rowe Price Investment Management Inc. raised its position in shares of Pebblebrook Hotel Trust by 1.4% in the first quarter. T. Rowe Price Investment Management Inc. now owns 6,807,602 shares of the real estate investment trust's stock worth $68,962,000 after buying an additional 94,446 shares in the last quarter. Earnest Partners LLC increased its stake in Pebblebrook Hotel Trust by 0.3% in the 4th quarter. Earnest Partners LLC now owns 4,936,306 shares of the real estate investment trust's stock worth $66,887,000 after acquiring an additional 13,479 shares during the last quarter. Alyeska Investment Group L.P. raised its holdings in shares of Pebblebrook Hotel Trust by 43.3% in the 4th quarter. Alyeska Investment Group L.P. now owns 4,167,770 shares of the real estate investment trust's stock valued at $56,473,000 after acquiring an additional 1,260,077 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of Pebblebrook Hotel Trust by 19.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,956,436 shares of the real estate investment trust's stock valued at $40,061,000 after acquiring an additional 481,076 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Pebblebrook Hotel Trust by 2.1% during the first quarter. Charles Schwab Investment Management Inc. now owns 2,556,288 shares of the real estate investment trust's stock worth $25,895,000 after purchasing an additional 51,537 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on PEB shares. Morgan Stanley reaffirmed an "underweight" rating and issued a $10.00 target price on shares of Pebblebrook Hotel Trust in a research note on Tuesday, July 15th. Stifel Nicolaus set a $13.00 price target on shares of Pebblebrook Hotel Trust and gave the stock a "buy" rating in a report on Wednesday, July 30th. Truist Financial set a $9.00 price objective on shares of Pebblebrook Hotel Trust and gave the company a "hold" rating in a research report on Monday, June 2nd. Evercore ISI lifted their price objective on shares of Pebblebrook Hotel Trust from $11.00 to $12.00 and gave the stock an "in-line" rating in a report on Monday, July 28th. Finally, Wells Fargo & Company reissued a "negative" rating on shares of Pebblebrook Hotel Trust in a research note on Tuesday, July 1st. One research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Reduce" and a consensus target price of $11.78.

Pebblebrook Hotel Trust Stock Up 6.5%

PEB opened at $10.6550 on Friday. Pebblebrook Hotel Trust has a 12 month low of $7.41 and a 12 month high of $15.12. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.82. The business's 50-day moving average price is $10.16 and its 200-day moving average price is $10.14. The company has a market cap of $1.26 billion, a P/E ratio of -18.37 and a beta of 1.85.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The real estate investment trust reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.06. The business had revenue of $407.54 million for the quarter, compared to analyst estimates of $398.77 million. Pebblebrook Hotel Trust had a negative return on equity of 1.17% and a negative net margin of 2.20%.Pebblebrook Hotel Trust's revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period last year, the company earned $0.69 EPS. Pebblebrook Hotel Trust has set its Q3 2025 guidance at 0.450-0.510 EPS. FY 2025 guidance at 1.470-1.590 EPS. On average, equities analysts expect that Pebblebrook Hotel Trust will post 1.5 EPS for the current year.

Pebblebrook Hotel Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, June 30th. Pebblebrook Hotel Trust's payout ratio is presently -6.90%.

Pebblebrook Hotel Trust Company Profile

Pebblebrook Hotel Trust NYSE: PEB is a publicly traded real estate investment trust ("REIT") and the largest owner of urban and resort lifestyle hotels and resorts in the United States. The Company owns 47 hotels and resorts, totaling approximately 12,200 guest rooms across 13 urban and resort markets.

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