Pebblebrook Hotel Trust $PEB Position Boosted by Palogic Value Management L.P.

Key Points

• Palogic Value Management L.P. increased its position in Pebblebrook Hotel Trust (NYSE: PEB) by 54.6%, acquiring a total of 300,000 shares and making it the 23rd biggest holding in their portfolio.
• Pebblebrook Hotel Trust reported $0.65 EPS for the most recent quarter, exceeding analyst expectations of $0.59 EPS and marking a 2.6% revenue growth year-over-year.
• The company recently declared a quarterly dividend of $0.01 per share, resulting in an annualized yield of 0.4%, with a dividend payout ratio of -6.90%.

Palogic Value Management L.P. grew its position in shares of Pebblebrook Hotel Trust (NYSE:PEB - Free Report) by 54.6% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 300,000 shares of the real estate investment trust's stock after buying an additional 106,000 shares during the quarter. Pebblebrook Hotel Trust accounts for 1.3% of Palogic Value Management L.P.'s investment portfolio, making the stock its 23rd largest holding. Palogic Value Management L.P. owned 0.25% of Pebblebrook Hotel Trust worth $3,039,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the business. Vident Advisory LLC purchased a new stake in Pebblebrook Hotel Trust in the 1st quarter valued at approximately $146,000. Earnest Partners LLC boosted its holdings in Pebblebrook Hotel Trust by 2.4% in the 1st quarter. Earnest Partners LLC now owns 5,056,675 shares of the real estate investment trust's stock valued at $51,224,000 after purchasing an additional 120,369 shares in the last quarter. Anson Funds Management LP purchased a new stake in Pebblebrook Hotel Trust in the 1st quarter valued at approximately $2,532,000. Jump Financial LLC purchased a new stake in Pebblebrook Hotel Trust in the 1st quarter valued at approximately $182,000. Finally, AlphaQuest LLC boosted its holdings in Pebblebrook Hotel Trust by 1,405.7% in the 1st quarter. AlphaQuest LLC now owns 8,251 shares of the real estate investment trust's stock valued at $84,000 after purchasing an additional 7,703 shares in the last quarter.

Pebblebrook Hotel Trust Trading Up 5.0%

PEB traded up $0.55 during trading on Wednesday, hitting $11.56. The company's stock had a trading volume of 2,535,903 shares, compared to its average volume of 2,259,818. The firm's 50 day moving average price is $10.37 and its 200-day moving average price is $10.07. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.31 and a quick ratio of 1.31. The stock has a market cap of $1.37 billion, a PE ratio of -19.93 and a beta of 1.82. Pebblebrook Hotel Trust has a twelve month low of $7.41 and a twelve month high of $15.12.

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

Pebblebrook Hotel Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, June 30th. Pebblebrook Hotel Trust's dividend payout ratio is currently -6.90%.

Analysts Set New Price Targets

Several brokerages have recently commented on PEB. Morgan Stanley reissued an "underweight" rating and set a $10.00 price target on shares of Pebblebrook Hotel Trust in a research note on Tuesday, July 15th. Evercore ISI boosted their price target on 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. Stifel Nicolaus set a $13.00 price target on Pebblebrook Hotel Trust and gave the stock a "buy" rating in a research note on Wednesday, July 30th. Truist Financial set a $9.00 price objective on Pebblebrook Hotel Trust and gave the stock a "hold" rating in a research report on Monday, June 2nd. Finally, Wells Fargo & Company lifted their price objective on Pebblebrook Hotel Trust from $10.00 to $11.00 and gave the stock an "equal weight" rating in a research report on Wednesday, August 27th. One investment analyst has rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Reduce" and a consensus target price of $11.89.

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.