Vanguard Group Inc. Sells 197,015 Shares of Pebblebrook Hotel Trust $PEB

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 holdings in shares of Pebblebrook Hotel Trust (NYSE:PEB - Free Report) by 1.1% in the 1st quarter, according to its most recent filing with the Securities & 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 quarter. Vanguard Group Inc. owned approximately 15.49% of Pebblebrook Hotel Trust worth $186,186,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in PEB. GF Fund Management CO. LTD. bought a new position in shares of Pebblebrook Hotel Trust during the 4th quarter worth approximately $30,000. CWM LLC grew its stake in shares of Pebblebrook Hotel Trust by 324.2% during the 1st quarter. CWM LLC now owns 3,071 shares of the real estate investment trust's stock worth $31,000 after acquiring an additional 2,347 shares in the last quarter. Sterling Capital Management LLC grew its stake in shares of Pebblebrook Hotel Trust by 815.6% during the 4th quarter. Sterling Capital Management LLC now owns 3,763 shares of the real estate investment trust's stock worth $51,000 after acquiring an additional 3,352 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Pebblebrook Hotel Trust in the fourth quarter valued at $99,000. Finally, Integrated Investment Consultants LLC bought a new position in shares of Pebblebrook Hotel Trust in the first quarter valued at $130,000.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Wedbush set a $9.00 target price on shares of Pebblebrook Hotel Trust and gave the company an "underperform" rating in a research note on Tuesday, May 6th. Morgan Stanley reissued an "underweight" rating and issued a $10.00 target price on shares of Pebblebrook Hotel Trust in a research note on Tuesday, July 15th. Truist Financial set a $9.00 target price on shares of Pebblebrook Hotel Trust and gave the company a "hold" rating in a research note on Monday, June 2nd. Stifel Nicolaus set a $13.00 target price on shares of Pebblebrook Hotel Trust and gave the company a "buy" rating in a research note on Wednesday, July 30th. Finally, Wells Fargo & Company reissued a "negative" rating on shares of Pebblebrook Hotel Trust in a research note on Tuesday, July 1st. One analyst has rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Pebblebrook Hotel Trust currently has a consensus rating of "Reduce" and a consensus target price of $11.78.

Pebblebrook Hotel Trust Stock Performance

PEB stock traded down $0.0660 during midday trading on Monday, reaching $10.6040. 3,069,844 shares of the company were exchanged, compared to its average volume of 2,039,230. 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 business has a 50-day moving average price of $10.18 and a two-hundred day moving average price of $10.11. Pebblebrook Hotel Trust has a one year low of $7.41 and a one year high of $15.12. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of -18.28 and a beta of 1.85.

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. Pebblebrook Hotel Trust had a negative net margin of 2.20% and a negative return on equity of 1.17%. The firm had revenue of $407.54 million during the quarter, compared to analysts' expectations of $398.77 million. During the same period in the previous year, the business posted $0.69 earnings per share. The company's revenue for the quarter was up 2.6% compared to the same quarter last year. Pebblebrook Hotel Trust has set its Q3 2025 guidance at 0.450-0.510 EPS. FY 2025 guidance at 1.470-1.590 EPS. Equities research analysts forecast that Pebblebrook Hotel Trust will post 1.5 EPS 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 paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, June 30th. Pebblebrook Hotel Trust's payout ratio 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.