Pebblebrook Hotel Trust (NYSE:PEB) Price Target Cut to $9.00 by Analysts at Barclays

Pebblebrook Hotel Trust (NYSE:PEB) had its price objective cut by Barclays from $10.00 to $9.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has an “underweight” rating on the real estate investment trust’s stock. Barclays‘s price objective would indicate a potential downside of 28.99% from the company’s current price.

Other analysts have also issued reports about the stock. Zacks Research upgraded shares of Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 17th. Truist Financial increased their target price on shares of Pebblebrook Hotel Trust from $12.00 to $14.00 and gave the stock a “hold” rating in a report on Tuesday, March 31st. Citigroup increased their price target on shares of Pebblebrook Hotel Trust from $10.00 to $13.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Robert W. Baird set a $15.00 price target on shares of Pebblebrook Hotel Trust and gave the stock an “outperform” rating in a research note on Monday, January 12th. Finally, Wall Street Zen raised shares of Pebblebrook Hotel Trust from a “strong sell” rating to a “hold” rating in a research note on Saturday, February 28th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, seven have assigned a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $12.33.

Pebblebrook Hotel Trust Stock Performance

PEB stock traded down $0.04 during midday trading on Tuesday, reaching $12.68. 456,871 shares of the company’s stock traded hands, compared to its average volume of 2,263,682. The company has a 50-day moving average price of $12.39 and a two-hundred day moving average price of $11.66. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.09 and a current ratio of 1.09. Pebblebrook Hotel Trust has a 52 week low of $7.41 and a 52 week high of $13.35. The firm has a market capitalization of $1.44 billion, a PE ratio of -13.90 and a beta of 1.43.

Pebblebrook Hotel Trust (NYSE:PEB) last released its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.04. Pebblebrook Hotel Trust had a negative net margin of 5.18% and a negative return on equity of 2.88%. The firm had revenue of $349.02 million during the quarter, compared to analyst estimates of $342.03 million. During the same period in the previous year, the business earned $0.20 EPS. Pebblebrook Hotel Trust has set its Q1 2026 guidance at 0.190-0.230 EPS and its FY 2026 guidance at 1.500-1.620 EPS. As a group, equities analysts anticipate that Pebblebrook Hotel Trust will post 1.5 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. AQR Capital Management LLC increased its holdings in shares of Pebblebrook Hotel Trust by 174.6% in the 1st quarter. AQR Capital Management LLC now owns 93,371 shares of the real estate investment trust’s stock worth $941,000 after buying an additional 59,367 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Pebblebrook Hotel Trust by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 71,002 shares of the real estate investment trust’s stock valued at $719,000 after buying an additional 3,075 shares during the period. Caxton Associates LLP purchased a new stake in shares of Pebblebrook Hotel Trust in the 1st quarter worth approximately $310,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Pebblebrook Hotel Trust by 8.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 659,945 shares of the real estate investment trust’s stock worth $6,685,000 after purchasing an additional 48,640 shares during the period. Finally, Creative Planning purchased a new stake in shares of Pebblebrook Hotel Trust in the 2nd quarter worth approximately $176,000.

About Pebblebrook Hotel Trust

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.