Pebblebrook Hotel Trust $PEB Shares Sold by Vanguard Group Inc.

Key Points

• Vanguard Group Inc. has reduced its stake in Pebblebrook Hotel Trust by 1.1%, owning approximately 15.49% of the company after selling 197,015 shares in the first quarter.
• Several institutional investors have increased their positions in Pebblebrook Hotel Trust, with notable increases from Alyeska Investment Group L.P. by 43.3% and Nuveen Asset Management LLC by 82.3% during the fourth quarter.
• Pebblebrook Hotel Trust reported earnings of $0.65 per share, surpassing analysts' expectations, and has set its guidance for Q3 2025 at earnings per share between 0.450 and 0.510.

Vanguard Group Inc. reduced its position in shares of Pebblebrook Hotel Trust (NYSE:PEB - Free Report) by 1.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,379,634 shares of the real estate investment trust's stock after selling 197,015 shares during the period. Vanguard Group Inc. owned about 15.49% of Pebblebrook Hotel Trust worth $186,186,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in PEB. Alyeska Investment Group L.P. raised its position in shares of Pebblebrook Hotel Trust by 43.3% during the 4th quarter. Alyeska Investment Group L.P. now owns 4,167,770 shares of the real estate investment trust's stock valued at $56,473,000 after acquiring an additional 1,260,077 shares in the last quarter. Nuveen Asset Management LLC raised its position in shares of Pebblebrook Hotel Trust by 82.3% during the 4th quarter. Nuveen Asset Management LLC now owns 2,345,333 shares of the real estate investment trust's stock valued at $31,779,000 after acquiring an additional 1,058,664 shares in the last quarter. Landmark Investment Partners L.P. acquired a new stake in shares of Pebblebrook Hotel Trust during the 4th quarter valued at approximately $13,075,000. Jefferies Financial Group Inc. acquired a new stake in shares of Pebblebrook Hotel Trust during the 4th quarter valued at approximately $8,993,000. Finally, T. Rowe Price Investment Management Inc. raised its position in shares of Pebblebrook Hotel Trust by 8.5% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 6,713,156 shares of the real estate investment trust's stock valued at $90,964,000 after acquiring an additional 525,991 shares in the last quarter.

Analysts Set New Price Targets

Several equities research analysts have weighed in on PEB shares. Evercore ISI increased their target price on Pebblebrook Hotel Trust from $11.00 to $12.00 and gave the stock an "in-line" rating in a research report on Monday, July 28th. Morgan Stanley reaffirmed an "underweight" rating and issued a $10.00 target price on shares of Pebblebrook Hotel Trust in a research report on Tuesday, July 15th. Stifel Nicolaus set a $13.00 target price on Pebblebrook Hotel Trust and gave the stock a "buy" rating in a research report on Wednesday, July 30th. Truist Financial set a $9.00 target price on Pebblebrook Hotel Trust and gave the stock a "hold" rating in a research report on Monday, June 2nd. Finally, Wells Fargo & Company reaffirmed a "negative" rating on shares of Pebblebrook Hotel Trust in a research report on Tuesday, July 1st. One research analyst has rated the stock with a Buy rating, four have given a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Reduce" and a consensus target price of $11.78.

Pebblebrook Hotel Trust Trading Up 1.6%

Shares of PEB stock opened at $10.12 on Wednesday. The stock has a 50-day simple moving average of $10.10 and a 200 day simple moving average of $10.19. Pebblebrook Hotel Trust has a fifty-two week low of $7.41 and a fifty-two week high of $15.12. The stock has a market capitalization of $1.20 billion, a P/E ratio of -17.45 and a beta of 1.85. 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 (NYSE:PEB - Get Free Report) last announced its earnings results on Tuesday, July 29th. The real estate investment trust reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.06. Pebblebrook Hotel Trust had a negative return on equity of 1.17% and a negative net margin of 2.20%.The business 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 posted $0.69 earnings per share. The company's quarterly revenue was up 2.6% on a year-over-year basis. 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, sell-side analysts expect that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current fiscal year.

Pebblebrook Hotel Trust Announces Dividend

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

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.

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