Quantbot Technologies LP Invests $2.78 Million in Pebblebrook Hotel Trust $PEB

Quantbot Technologies LP bought a new position in Pebblebrook Hotel Trust (NYSE:PEB - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 143,447 shares of the real estate investment trust's stock, valued at approximately $2,784,000. Quantbot Technologies LP owned approximately 0.13% of Pebblebrook Hotel Trust at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Whittier Trust Co. of Nevada Inc. bought a new stake in Pebblebrook Hotel Trust in the 1st quarter worth approximately $34,000. Quadrant Capital Group LLC raised its holdings in shares of Pebblebrook Hotel Trust by 32.8% during the 4th quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust's stock worth $36,000 after acquiring an additional 796 shares in the last quarter. Cullen Frost Bankers Inc. bought a new position in shares of Pebblebrook Hotel Trust during the 4th quarter valued at approximately $38,000. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Pebblebrook Hotel Trust by 33.3% during 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 acquiring an additional 865 shares during the last quarter. Finally, Hantz Financial Services Inc. grew its holdings in shares of Pebblebrook Hotel Trust by 188.0% in the fourth quarter. Hantz Financial Services Inc. now owns 5,049 shares of the real estate investment trust's stock valued at $57,000 after purchasing an additional 3,296 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Truist Financial upped their price target on shares of Pebblebrook Hotel Trust from $17.00 to $22.00 and gave the company a "buy" rating in a research note on Monday, June 29th. Raymond James Financial reissued an "outperform" rating and issued a $18.00 price objective on shares of Pebblebrook Hotel Trust in a research note on Monday, June 8th. BMO Capital Markets restated a "market perform" rating and issued a $17.00 target price on shares of Pebblebrook Hotel Trust in a report on Friday, June 12th. Citigroup upped their target price on shares of Pebblebrook Hotel Trust from $15.00 to $20.00 and gave the company a "neutral" rating in a research report on Wednesday, July 22nd. Finally, Barclays increased their price target on shares of Pebblebrook Hotel Trust from $13.00 to $15.00 and gave the company an "underweight" rating in a report on Tuesday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $17.44.

Pebblebrook Hotel Trust Stock Performance

Shares of NYSE:PEB opened at $18.44 on Monday. The firm's 50 day simple moving average is $18.72 and its 200-day simple moving average is $15.45. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.34 and a current ratio of 1.34. Pebblebrook Hotel Trust has a one year low of $9.99 and a one year high of $19.93. The firm has a market cap of $2.08 billion, a PE ratio of -26.72, a price-to-earnings-growth ratio of 1.27 and a beta of 1.40.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.56. The company had revenue of $407.14 million for the quarter, compared to analysts' expectations of $400.05 million. Pebblebrook Hotel Trust had a negative net margin of 3.11% and a negative return on equity of 1.83%. The firm's quarterly revenue was down .1% on a year-over-year basis. During the same period in the prior year, the business earned $0.65 EPS. Pebblebrook Hotel Trust has set its Q3 2026 guidance at 0.480-0.520 EPS and its FY 2026 guidance at 1.690-1.760 EPS. As a group, equities analysts predict that Pebblebrook Hotel Trust will post 1.7 EPS for the current year.

Pebblebrook Hotel Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a $0.01 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.2%. Pebblebrook Hotel Trust's payout ratio is presently -5.80%.

Pebblebrook Hotel Trust Profile

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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