Pebblebrook Hotel Trust $PEB Shares Sold by Fuller & Thaler Asset Management Inc.

Key Points

• Fuller & Thaler Asset Management Inc. reduced its stake in Pebblebrook Hotel Trust by 1.1%, owning 6,472,919 shares valued at approximately $65.57 million after selling 73,501 shares.
• Analysts have mixed ratings on Pebblebrook Hotel Trust, with an average price target of $11.78 and four analysts rating it as a "sell" while only one gave it a "buy" rating.
• Pebblebrook Hotel Trust reported earnings of $0.65 EPS, exceeding analyst expectations, with revenue of $407.54 million for the last quarter, reflecting a 2.6% increase year-over-year.

Fuller & Thaler Asset Management Inc. reduced its holdings in shares of Pebblebrook Hotel Trust (NYSE:PEB - Free Report) by 1.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 6,472,919 shares of the real estate investment trust's stock after selling 73,501 shares during the period. Fuller & Thaler Asset Management Inc. owned approximately 5.45% of Pebblebrook Hotel Trust worth $65,571,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. GF Fund Management CO. LTD. purchased a new position in Pebblebrook Hotel Trust during the 4th quarter worth $30,000. CWM LLC grew its position in Pebblebrook Hotel Trust by 324.2% during the 1st 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 last quarter. Sterling Capital Management LLC grew its position in Pebblebrook Hotel Trust by 815.6% during the 4th quarter. Sterling Capital Management LLC now owns 3,763 shares of the real estate investment trust's stock worth $51,000 after purchasing an additional 3,352 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in Pebblebrook Hotel Trust during the 4th quarter worth $99,000. Finally, Integrated Investment Consultants LLC purchased a new position in Pebblebrook Hotel Trust during the 1st quarter worth $130,000.

Pebblebrook Hotel Trust Price Performance

Shares of NYSE PEB traded up $0.6550 during midday trading on Friday, hitting $10.6550. The company had a trading volume of 3,238,828 shares, compared to its average volume of 2,039,230. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.82. Pebblebrook Hotel Trust has a twelve month low of $7.41 and a twelve month high of $15.12. The business has a 50-day simple moving average of $10.16 and a two-hundred day simple moving average of $10.12. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of -18.37 and a beta of 1.85.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The real estate investment trust reported $0.65 EPS 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 firm had revenue of $407.54 million during the quarter, compared to analysts' expectations of $398.77 million. During the same quarter last year, the business earned $0.69 earnings per share. The business'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. Equities research analysts anticipate that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current year.

Pebblebrook Hotel Trust Announces Dividend

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

Analyst Ratings Changes

PEB has been the subject of several recent analyst reports. Wedbush set a $9.00 target price on shares of Pebblebrook Hotel Trust and gave the stock an "underperform" rating in a research note on Tuesday, May 6th. Morgan Stanley restated 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 target price on shares of Pebblebrook Hotel Trust and gave the stock a "buy" rating in a research note on Wednesday, July 30th. Truist Financial set a $9.00 target price on shares of Pebblebrook Hotel Trust and gave the stock a "hold" rating in a research note on Monday, June 2nd. Finally, Evercore ISI raised their target price on shares of Pebblebrook Hotel Trust from $11.00 to $12.00 and gave the stock an "in-line" rating in a research note on Monday, July 28th. One analyst has rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Pebblebrook Hotel Trust has an average rating of "Reduce" and a consensus price target of $11.78.

About Pebblebrook Hotel Trust

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.