Kettle Hill Capital Management LLC Invests $2.96 Million in Pebblebrook Hotel Trust $PEB

Key Points

• Kettle Hill Capital Management LLC acquired a new stake in Pebblebrook Hotel Trust, purchasing 292,152 shares valued at approximately $2.96 million, representing 0.25% ownership of the company.
• Pebblebrook Hotel Trust reported earnings of $0.65 per share, exceeding analysts' expectations by $0.06, along with $407.54 million in revenue for the quarter.
• The company declared a quarterly dividend of $0.01 per share, resulting in an annualized yield of 0.3%, and has set guidance for Q3 2025 earnings per share between 0.450 and 0.510.

Kettle Hill Capital Management LLC purchased a new position in Pebblebrook Hotel Trust (NYSE:PEB - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 292,152 shares of the real estate investment trust's stock, valued at approximately $2,960,000. Kettle Hill Capital Management LLC owned 0.25% of Pebblebrook Hotel Trust as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. GF Fund Management CO. LTD. acquired a new position in Pebblebrook Hotel Trust during the fourth quarter worth $30,000. CWM LLC boosted its position in Pebblebrook Hotel Trust by 324.2% during the first quarter. CWM LLC now owns 3,071 shares of the real estate investment trust's stock worth $31,000 after purchasing an additional 2,347 shares during the period. AlphaQuest LLC boosted its position in Pebblebrook Hotel Trust by 1,405.7% during the first quarter. AlphaQuest LLC now owns 8,251 shares of the real estate investment trust's stock worth $84,000 after purchasing an additional 7,703 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in Pebblebrook Hotel Trust during the fourth quarter worth about $99,000. Finally, Integrated Investment Consultants LLC purchased a new stake in shares of Pebblebrook Hotel Trust in the first quarter worth about $130,000.

Pebblebrook Hotel Trust Stock Performance

Shares of NYSE:PEB traded down $0.14 during mid-day trading on Tuesday, reaching $11.42. 1,151,905 shares of the company traded hands, compared to its average volume of 2,259,241. The company's 50 day moving average price is $10.51 and its 200-day moving average price is $10.04. The firm has a market cap of $1.35 billion, a PE ratio of -19.69 and a beta of 1.82. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.31 and a quick ratio of 1.31. Pebblebrook Hotel Trust has a 52 week low of $7.41 and a 52 week high of $15.12.

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 EPS for the quarter, topping analysts' consensus estimates of $0.59 by $0.06. Pebblebrook Hotel Trust had a negative return on equity of 1.17% and a negative net margin of 2.20%.The company had revenue of $407.54 million for the quarter, compared to analysts' expectations of $398.77 million. During the same period in the previous year, the firm earned $0.69 EPS. The firm's revenue was up 2.6% compared to the same quarter last year. 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 fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, June 30th. Pebblebrook Hotel Trust's dividend payout ratio (DPR) is currently -6.90%.

Wall Street Analyst Weigh In

A number of brokerages have commented on PEB. Wells Fargo & Company increased their price target on shares of Pebblebrook Hotel Trust from $10.00 to $11.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 27th. Morgan Stanley reiterated an "underweight" rating and issued a $10.00 price target on shares of Pebblebrook Hotel Trust in a report on Tuesday, July 15th. Evercore ISI lifted their price target on shares of Pebblebrook Hotel Trust from $11.00 to $12.00 and gave the company an "in-line" rating in a report on Monday, July 28th. Stifel Nicolaus set a $13.00 price objective on Pebblebrook Hotel Trust and gave the company a "buy" rating in a research report on Wednesday, July 30th. Finally, Truist Financial set a $9.00 price target on Pebblebrook Hotel Trust and gave the stock a "hold" rating in a research report on Monday, June 2nd. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Reduce" and a consensus price target of $11.89.

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.