Pebblebrook Hotel Trust (NYSE:PEB) Share Price Passes Above 200 Day Moving Average - Time to Sell?

Key Points

• Pebblebrook Hotel Trust (NYSE:PEB) saw its share price surpass the 200-day moving average, last trading at $10.74, with a high of $10.76 during recent trading.
• The company reported a quarterly EPS of $0.65, exceeding analysts' expectations, with revenue of $407.54 million, up 2.6% from the previous year.
• Pebblebrook has recently announced a $0.01 quarterly dividend, representing an annualized yield of 0.4%, with a negative dividend payout ratio of -6.90%.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $10.07 and traded as high as $10.76. Pebblebrook Hotel Trust shares last traded at $10.74, with a volume of 2,813,573 shares traded.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on PEB. Cantor Fitzgerald began coverage on Pebblebrook Hotel Trust in a research report on Wednesday, October 1st. They set a "neutral" rating and a $12.00 target price for the company. Morgan Stanley reaffirmed an "underweight" rating and set a $10.00 target price on shares of Pebblebrook Hotel Trust in a research report on Tuesday, July 15th. Stifel Nicolaus set a $14.00 target price on Pebblebrook Hotel Trust in a research report on Wednesday, September 17th. Evercore ISI increased their price objective on Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the company an "in-line" rating in a research report on Thursday, September 18th. Finally, Weiss Ratings reissued a "sell (d+)" rating on shares of Pebblebrook Hotel Trust in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Reduce" and an average price target of $12.20.

Pebblebrook Hotel Trust Stock Up 4.2%

The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $1.27 billion, a P/E ratio of -18.51 and a beta of 1.85. The firm has a 50-day moving average price of $10.94 and a two-hundred day moving average price of $10.07.

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. Equities research analysts anticipate that Pebblebrook Hotel Trust will post 1.5 EPS for the current fiscal year.

Pebblebrook Hotel Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be 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 is Tuesday, September 30th. Pebblebrook Hotel Trust's dividend payout ratio (DPR) is -6.90%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Corient Private Wealth LLC lifted its position in Pebblebrook Hotel Trust by 63.5% in the second quarter. Corient Private Wealth LLC now owns 70,796 shares of the real estate investment trust's stock worth $707,000 after purchasing an additional 27,500 shares during the period. Squarepoint Ops LLC bought a new position in Pebblebrook Hotel Trust in the second quarter worth $1,116,000. Cim Investment Management Inc. raised its stake in Pebblebrook Hotel Trust by 100.7% during the second quarter. Cim Investment Management Inc. now owns 25,522 shares of the real estate investment trust's stock worth $255,000 after acquiring an additional 12,808 shares in the last quarter. Public Sector Pension Investment Board raised its stake in Pebblebrook Hotel Trust by 6.6% during the second quarter. Public Sector Pension Investment Board now owns 404,647 shares of the real estate investment trust's stock worth $4,042,000 after acquiring an additional 25,116 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co raised its stake in Pebblebrook Hotel Trust by 14.2% during the second quarter. CANADA LIFE ASSURANCE Co now owns 296,022 shares of the real estate investment trust's stock worth $2,959,000 after acquiring an additional 36,836 shares in the last quarter.

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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