Hsbc Holdings PLC Takes $4.68 Million Position in Pebblebrook Hotel Trust $PEB

Hsbc Holdings PLC purchased a new stake in Pebblebrook Hotel Trust (NYSE:PEB - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 240,833 shares of the real estate investment trust's stock, valued at approximately $4,678,000. Hsbc Holdings PLC owned approximately 0.21% of Pebblebrook Hotel Trust as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of PEB. Whittier Trust Co. of Nevada Inc. bought a new stake in Pebblebrook Hotel Trust in the 1st quarter valued at about $34,000. Quadrant Capital Group LLC grew its position in shares of Pebblebrook Hotel Trust by 32.8% during the 4th quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust's stock worth $36,000 after purchasing an additional 796 shares in the last quarter. Cullen Frost Bankers Inc. bought a new position in shares of Pebblebrook Hotel Trust during the fourth quarter worth approximately $38,000. Group One Trading LLC bought a new position in shares of Pebblebrook Hotel Trust during the second quarter worth approximately $86,000. Finally, Hantz Financial Services Inc. raised its position in shares of Pebblebrook Hotel Trust by 188.0% in the fourth quarter. Hantz Financial Services Inc. now owns 5,049 shares of the real estate investment trust's stock valued at $57,000 after buying an additional 3,296 shares in the last quarter.

Analysts Set New Price Targets

Several brokerages recently issued reports on PEB. LADENBURG THALM/SH SH boosted their price target on Pebblebrook Hotel Trust from $19.00 to $21.00 and gave the company a "neutral" rating in a research note on Friday, July 31st. Citigroup raised their price objective on Pebblebrook Hotel Trust from $15.00 to $20.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 22nd. Zacks Research cut Pebblebrook Hotel Trust from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 25th. Weiss Ratings upgraded Pebblebrook Hotel Trust from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday, August 7th. Finally, Raymond James Financial reissued an "outperform" rating and set a $18.00 target price on shares of Pebblebrook Hotel Trust in a report on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Pebblebrook Hotel Trust currently has a consensus rating of "Hold" and a consensus price target of $17.37.

Pebblebrook Hotel Trust Stock Performance

Shares of Pebblebrook Hotel Trust stock opened at $18.55 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 company has a market cap of $2.09 billion, a PE ratio of -26.88, a price-to-earnings-growth ratio of 1.27 and a beta of 1.40. The company has a 50 day moving average of $18.67 and a 200-day moving average of $15.66. 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 announced its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.68 EPS for the quarter, beating 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 business had revenue of $407.14 million during the quarter, compared to the consensus estimate of $400.05 million. During the same period in the previous year, the business earned $0.65 earnings per share. The company's revenue was down .1% on a year-over-year basis. 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, equities research analysts forecast that Pebblebrook Hotel Trust will post 1.7 earnings per share for the current fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a $0.01 dividend. The ex-dividend date 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 presently -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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