Tudor Investment Corp ET AL Has $4.45 Million Holdings in Pebblebrook Hotel Trust (NYSE:PEB)

Tudor Investment Corp ET AL lowered its position in Pebblebrook Hotel Trust (NYSE:PEB - Free Report) by 21.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 328,668 shares of the real estate investment trust's stock after selling 91,480 shares during the quarter. Tudor Investment Corp ET AL owned 0.27% of Pebblebrook Hotel Trust worth $4,453,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Earnest Partners LLC raised its position in shares of Pebblebrook Hotel Trust by 0.3% in the 4th quarter. Earnest Partners LLC now owns 4,936,306 shares of the real estate investment trust's stock worth $66,887,000 after buying an additional 13,479 shares during the period. 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. Price T Rowe Associates Inc. MD grew its position in shares of Pebblebrook Hotel Trust by 19.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,956,436 shares of the real estate investment trust's stock valued at $40,061,000 after buying an additional 481,076 shares during the last quarter. Hsbc Holdings PLC increased its position in Pebblebrook Hotel Trust by 5.8% in the fourth quarter. Hsbc Holdings PLC now owns 106,583 shares of the real estate investment trust's stock worth $1,446,000 after buying an additional 5,801 shares during the period. Finally, MetLife Investment Management LLC grew its holdings in Pebblebrook Hotel Trust by 7.0% in the 4th quarter. MetLife Investment Management LLC now owns 77,415 shares of the real estate investment trust's stock worth $1,049,000 after buying an additional 5,047 shares in the last quarter.

Pebblebrook Hotel Trust Stock Down 0.3 %

Shares of PEB stock traded down $0.03 during trading on Monday, reaching $9.12. The company's stock had a trading volume of 1,972,527 shares, compared to its average volume of 1,927,837. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.78. The business has a fifty day moving average price of $9.93 and a 200-day moving average price of $12.05. The company has a market cap of $1.08 billion, a price-to-earnings ratio of -31.43, a price-to-earnings-growth ratio of 0.60 and a beta of 1.69. Pebblebrook Hotel Trust has a one year low of $7.41 and a one year high of $15.46.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.03. Pebblebrook Hotel Trust had a return on equity of 0.13% and a net margin of 0.25%. The firm had revenue of $320.27 million for the quarter, compared to analyst estimates of $311.74 million. During the same quarter in the prior year, the company earned $0.21 earnings per share. The business's revenue for the quarter was up 2.0% compared to the same quarter last year. Analysts anticipate that Pebblebrook Hotel Trust will post 1.5 earnings per share for the current year.

Pebblebrook Hotel Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a dividend of $0.01 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.44%. Pebblebrook Hotel Trust's dividend payout ratio (DPR) is currently -9.30%.

Analyst Ratings Changes

PEB has been the subject of several research analyst reports. Wells Fargo & Company cut their price objective on Pebblebrook Hotel Trust from $16.00 to $13.00 and set an "equal weight" rating for the company in a report on Tuesday, February 18th. Evercore ISI lowered their price target on Pebblebrook Hotel Trust from $15.00 to $11.00 and set an "in-line" rating on the stock in a report on Monday, April 28th. Raymond James set a $14.00 price target on Pebblebrook Hotel Trust and gave the company an "outperform" rating in a research note on Thursday, February 27th. Compass Point downgraded shares of Pebblebrook Hotel Trust from a "buy" rating to a "neutral" rating and reduced their target price for the company from $17.00 to $15.00 in a research note on Monday, March 10th. Finally, Stifel Nicolaus lowered their target price on Pebblebrook Hotel Trust from $16.50 to $13.25 and set a "buy" rating for the company in a research note on Wednesday, April 16th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $13.28.

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.