Palogic Value Management L.P. Buys 106,000 Shares of Pebblebrook Hotel Trust $PEB

Key Points

• Palogic Value Management L.P. increased its stake in Pebblebrook Hotel Trust by 54.6%, owning 300,000 shares worth approximately $3,039,000 after purchasing an additional 106,000 shares.
• Pebblebrook Hotel Trust reported an earnings per share (EPS) of $0.65 for the last quarter, exceeding analysts' expectations, with projected guidance for Q3 2025 and FY 2025 ranging from 0.450 to 1.590 EPS.
• The company's stock price on Friday opened at $11.15, with a market capitalization of $1.32 billion and a significant variance in analyst ratings and price targets, averaging at $11.89.

Palogic Value Management L.P. boosted its stake in shares of Pebblebrook Hotel Trust (NYSE:PEB - Free Report) by 54.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 300,000 shares of the real estate investment trust's stock after purchasing an additional 106,000 shares during the quarter. Pebblebrook Hotel Trust comprises 1.3% of Palogic Value Management L.P.'s portfolio, making the stock its 22nd largest holding. Palogic Value Management L.P. owned approximately 0.25% of Pebblebrook Hotel Trust worth $3,039,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in PEB. Woodline Partners LP bought a new stake in Pebblebrook Hotel Trust during the first quarter worth approximately $30,155,000. Alyeska Investment Group L.P. boosted its position in Pebblebrook Hotel Trust by 43.3% during the fourth quarter. Alyeska Investment Group L.P. now owns 4,167,770 shares of the real estate investment trust's stock worth $56,473,000 after purchasing an additional 1,260,077 shares during the period. Nuveen Asset Management LLC boosted its position in Pebblebrook Hotel Trust by 82.3% during the fourth quarter. Nuveen Asset Management LLC now owns 2,345,333 shares of the real estate investment trust's stock worth $31,779,000 after purchasing an additional 1,058,664 shares during the period. Jefferies Financial Group Inc. bought a new stake in Pebblebrook Hotel Trust during the fourth quarter worth approximately $8,993,000. Finally, Northern Trust Corp boosted its position in Pebblebrook Hotel Trust by 27.5% during the fourth quarter. Northern Trust Corp now owns 1,583,457 shares of the real estate investment trust's stock worth $21,456,000 after purchasing an additional 341,630 shares during the period.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on PEB shares. Morgan Stanley reissued an "underweight" rating and issued a $10.00 price objective on shares of Pebblebrook Hotel Trust in a research report on Tuesday, July 15th. Stifel Nicolaus set a $13.00 price objective on Pebblebrook Hotel Trust and gave the company a "buy" rating in a research report on Wednesday, July 30th. Wedbush set a $9.00 price objective on Pebblebrook Hotel Trust and gave the company an "underperform" rating in a research report on Tuesday, May 6th. Truist Financial set a $9.00 price objective on Pebblebrook Hotel Trust and gave the company a "hold" rating in a research report on Monday, June 2nd. Finally, Wells Fargo & Company increased their price objective on Pebblebrook Hotel Trust from $10.00 to $11.00 and gave the company an "equal weight" rating in a research report on Wednesday. One equities research analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, Pebblebrook Hotel Trust currently has an average rating of "Reduce" and an average price target of $11.89.

Pebblebrook Hotel Trust Stock Down 0.8%

Shares of PEB stock opened at $11.15 on Friday. The stock has a market cap of $1.32 billion, a P/E ratio of -19.22 and a beta of 1.85. Pebblebrook Hotel Trust has a one year low of $7.41 and a one year high of $15.12. The stock has a fifty day moving average price of $10.31 and a 200 day moving average price of $10.10. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.31 and a quick ratio of 1.31.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) last issued its earnings results on Tuesday, July 29th. The real estate investment trust reported $0.65 EPS for the quarter, topping the consensus estimate of $0.59 by $0.06. The firm had revenue of $407.54 million during the quarter, compared to analysts' expectations of $398.77 million. Pebblebrook Hotel Trust had a negative return on equity of 1.17% and a negative net margin of 2.20%.Pebblebrook Hotel Trust's quarterly revenue was up 2.6% compared to the same quarter last year. During the same period last year, the business earned $0.69 earnings per share. Pebblebrook Hotel Trust has set its Q3 2025 guidance at 0.450-0.510 EPS. FY 2025 guidance at 1.470-1.590 EPS. Analysts predict that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current year.

Pebblebrook Hotel Trust Dividend Announcement

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

Pebblebrook Hotel Trust Company Profile

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.

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