Corient Private Wealth LP Acquires Shares of 77,832 Pebblebrook Hotel Trust $PEB

Key Points

• Corient Private Wealth LP acquired 77,832 shares of Pebblebrook Hotel Trust in the second quarter, valued at approximately $1.51 million and representing about 0.07% ownership.
• Analyst sentiment remains mixed, with the stock carrying an overall “Hold” rating and an average price target of $17.37; targets range from $13 to $22.
• Pebblebrook reported quarterly EPS of $0.68, well above the $0.12 consensus estimate, on revenue of $407.14 million. Shares recently opened at $17.77, while the company pays a $0.01 quarterly dividend yielding approximately 0.2%.

Corient Private Wealth LP acquired a new stake in shares of Pebblebrook Hotel Trust (NYSE:PEB - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 77,832 shares of the real estate investment trust's stock, valued at approximately $1,511,000. Corient Private Wealth LP owned approximately 0.07% of Pebblebrook Hotel Trust as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of PEB. Quadrant Capital Group LLC grew its position in 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 purchasing an additional 796 shares during the period. Amundi increased its stake in Pebblebrook Hotel Trust by 1.1% during the 4th quarter. Amundi now owns 81,472 shares of the real estate investment trust's stock valued at $922,000 after purchasing an additional 857 shares in the last quarter. GAMMA Investing LLC raised its holdings in Pebblebrook Hotel Trust by 10.5% during the second quarter. GAMMA Investing LLC now owns 11,876 shares of the real estate investment trust's stock worth $231,000 after buying an additional 1,130 shares during the last quarter. Inspire Investing LLC raised its holdings in Pebblebrook Hotel Trust by 4.9% during the fourth quarter. Inspire Investing LLC now owns 41,478 shares of the real estate investment trust's stock worth $470,000 after buying an additional 1,931 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec lifted its stake in shares of Pebblebrook Hotel Trust by 26.7% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 9,346 shares of the real estate investment trust's stock valued at $106,000 after buying an additional 1,972 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Citigroup lifted their price objective on shares of Pebblebrook Hotel Trust from $15.00 to $20.00 and gave the company a "neutral" rating in a report on Wednesday, July 22nd. Barclays dropped their price target on shares of Pebblebrook Hotel Trust from $15.00 to $14.00 and set an "underweight" rating on the stock in a research report on Thursday, August 27th. Cantor Fitzgerald lifted their price target on Pebblebrook Hotel Trust from $15.00 to $19.00 and gave the company a "neutral" rating in a research note on Tuesday, August 11th. Morgan Stanley boosted their price objective on Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the stock an "underweight" rating in a report on Friday, July 17th. Finally, Truist Financial increased their price objective on Pebblebrook Hotel Trust from $17.00 to $22.00 and gave the stock a "buy" rating in a research note on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eight have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $17.37.

Pebblebrook Hotel Trust Price Performance

Shares of NYSE:PEB opened at $17.77 on Friday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.83. The stock has a market cap of $2.01 billion, a PE ratio of -25.75, a price-to-earnings-growth ratio of 1.25 and a beta of 1.40. The stock's fifty day simple moving average is $18.62 and its two-hundred day simple moving average is $15.83. Pebblebrook Hotel Trust has a 1-year low of $9.99 and a 1-year high of $19.93.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) last posted its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.56. Pebblebrook Hotel Trust had a negative net margin of 3.11% and a negative return on equity of 1.83%. The firm had revenue of $407.14 million during the quarter, compared to analyst estimates of $400.05 million. During the same quarter in the prior year, the business posted $0.65 EPS. The business's revenue was down .1% compared to the same quarter last year. Pebblebrook Hotel Trust has set its Q3 2026 guidance at 0.480-0.520 EPS and its FY 2026 guidance at 1.690-1.760 EPS. As a group, analysts forecast that Pebblebrook Hotel Trust will post 1.7 EPS for the current fiscal year.

Pebblebrook Hotel Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was 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 currently -5.80%.

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.

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