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Anson Funds Management LP Purchases Shares of 250,000 Pebblebrook Hotel Trust $PEB

Pebblebrook Hotel Trust logo with Finance background

Key Points

  • Anson Funds Management LP has acquired 250,000 shares of Pebblebrook Hotel Trust, equivalent to approximately $2.53 million, representing 0.21% of the company following the purchase.
  • Pebblebrook Hotel Trust recently reported a quarterly earnings per share of $0.65, exceeding analysts' expectations, and has set guidance for Q3 2025 earnings between 0.450-0.510 EPS.
  • Wall Street analysts have varied ratings for Pebblebrook Hotel Trust, with an average rating of "Reduce" and a consensus target price of $11.89.
  • Five stocks we like better than Pebblebrook Hotel Trust.

Anson Funds Management LP purchased a new position in shares of Pebblebrook Hotel Trust (NYSE:PEB - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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 approximately 0.21% of Pebblebrook Hotel Trust as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV purchased a new position in Pebblebrook Hotel Trust in the 4th quarter worth $166,000. Algert Global LLC bought a new position in shares of Pebblebrook Hotel Trust during the fourth quarter valued at about $148,000. Ameriprise Financial Inc. increased its holdings in shares of Pebblebrook Hotel Trust by 5.8% in the fourth quarter. Ameriprise Financial Inc. now owns 629,808 shares of the real estate investment trust's stock worth $8,534,000 after buying an additional 34,458 shares during the period. Cubist Systematic Strategies LLC purchased a new position in shares of Pebblebrook Hotel Trust in the fourth quarter worth about $361,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Pebblebrook Hotel Trust by 3.6% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 67,927 shares of the real estate investment trust's stock valued at $920,000 after acquiring an additional 2,341 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. 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. Evercore ISI increased their price objective on Pebblebrook Hotel Trust from $11.00 to $12.00 and gave the company an "in-line" rating in a research note on Monday, July 28th. Morgan Stanley restated an "underweight" rating and issued a $10.00 target price on shares of Pebblebrook Hotel Trust in a report on Tuesday, July 15th. Stifel Nicolaus set a $13.00 price target on shares of Pebblebrook Hotel Trust and gave the company a "buy" rating in a report on Wednesday, July 30th. Finally, 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. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Reduce" and a consensus target price of $11.89.

Check Out Our Latest Stock Analysis on PEB

Pebblebrook Hotel Trust Price Performance

PEB opened at $11.47 on Thursday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.31 and a current ratio of 1.31. The stock has a market capitalization of $1.36 billion, a PE ratio of -19.77 and a beta of 1.82. The stock's 50 day moving average price is $10.55 and its 200-day moving average price is $10.06. 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 released its quarterly earnings results on Tuesday, July 29th. The real estate investment trust reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.06. Pebblebrook Hotel Trust had a negative net margin of 2.20% and a negative return on equity of 1.17%. The business had revenue of $407.54 million for the quarter, compared to analysts' expectations of $398.77 million. During the same quarter in the previous year, the business posted $0.69 earnings per share. The firm's revenue for the quarter 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 research analysts predict that Pebblebrook Hotel Trust will post 1.5 EPS for the current year.

Pebblebrook Hotel Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.04 annualized dividend and a yield of 0.3%. Pebblebrook Hotel Trust's dividend payout ratio (DPR) is currently -6.90%.

About Pebblebrook Hotel Trust

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Pebblebrook Hotel Trust (NYSE:PEB)

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