M&T Bank Corp Acquires Shares of 389,648 Pebblebrook Hotel Trust $PEB

Key Points

• M&T Bank Corp established a new Q4 position in Pebblebrook Hotel Trust by buying 389,648 shares worth about $4.41 million, equal to roughly 0.34% ownership.
• Pebblebrook beat Q4 expectations with $0.27 EPS (vs. $0.23 est.) and $349.02M revenue, and set Q1 2026 guidance of $0.190–0.230 and FY2026 guidance of $1.500–1.620, despite reporting a negative net margin and ROE.
• Analyst sentiment is mixed with a consensus rating of Hold and an average target of $12.42; the stock trades near $13.94 with a $1.58B market cap, a negative P/E, and a very small annual dividend yield (~0.3%).

M&T Bank Corp bought a new position in shares of Pebblebrook Hotel Trust (NYSE:PEB - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 389,648 shares of the real estate investment trust's stock, valued at approximately $4,411,000. M&T Bank Corp owned about 0.34% of Pebblebrook Hotel Trust at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. raised its position in Pebblebrook Hotel Trust by 33.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,465 shares of the real estate investment trust's stock valued at $39,000 after purchasing an additional 865 shares during the last quarter. Pensionfund Sabic purchased a new position in Pebblebrook Hotel Trust during the 4th quarter worth $72,000. Aster Capital Management DIFC Ltd purchased a new position in Pebblebrook Hotel Trust during the 3rd quarter worth $77,000. Harbor Capital Advisors Inc. increased its stake in Pebblebrook Hotel Trust by 214.9% in the fourth quarter. Harbor Capital Advisors Inc. now owns 7,717 shares of the real estate investment trust's stock valued at $87,000 after purchasing an additional 5,266 shares during the period. Finally, Quantbot Technologies LP purchased a new stake in shares of Pebblebrook Hotel Trust in the third quarter valued at about $88,000.

Pebblebrook Hotel Trust Stock Down 0.1%

PEB stock opened at $13.94 on Monday. The stock has a market capitalization of $1.58 billion, a PE ratio of -15.32 and a beta of 1.43. The company has a fifty day moving average of $12.87 and a 200-day moving average of $11.90. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.09 and a current ratio of 1.09. Pebblebrook Hotel Trust has a one year low of $8.69 and a one year high of $14.33.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.23 by $0.04. The business had revenue of $349.02 million for the quarter, compared to analyst estimates of $342.03 million. Pebblebrook Hotel Trust had a negative net margin of 5.18% and a negative return on equity of 2.88%. During the same period in the previous year, the business posted $0.20 earnings per share. Pebblebrook Hotel Trust has set its Q1 2026 guidance at 0.190-0.230 EPS and its FY 2026 guidance at 1.500-1.620 EPS. As a group, analysts expect that Pebblebrook Hotel Trust will post 1.49 EPS for the current year.

Pebblebrook Hotel Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Tuesday, March 31st. Pebblebrook Hotel Trust's dividend payout ratio is -4.40%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Robert W. Baird set a $15.00 target price on shares of Pebblebrook Hotel Trust and gave the stock an "outperform" rating in a research note on Monday, January 12th. Zacks Research raised Pebblebrook Hotel Trust from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 15th. LADENBURG THALM/SH SH assumed coverage on Pebblebrook Hotel Trust in a research note on Thursday, March 26th. They set a "neutral" rating and a $14.00 price objective for the company. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Pebblebrook Hotel Trust in a research report on Friday, March 27th. Finally, Morgan Stanley boosted their target price on Pebblebrook Hotel Trust from $9.00 to $10.00 and gave the company an "underweight" rating in a report on Friday, April 10th. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, six have given a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, Pebblebrook Hotel Trust has a consensus rating of "Hold" and an average target price of $12.42.

About Pebblebrook Hotel Trust

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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