Pebblebrook Hotel Trust (NYSE:PEB) Shares Cross Above 200-Day Moving Average – Should You Sell?

Pebblebrook Hotel Trust (NYSE:PEB) crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $16.48 and traded as high as $18.88. Pebblebrook Hotel Trust shares last traded at $18.7340, with a volume of 1,919,983 shares changing hands.

Analyst Ratings Changes

A number of brokerages have recently commented on PEB. Truist Financial boosted their price target on Pebblebrook Hotel Trust from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, June 29th. Barclays reduced their price objective on Pebblebrook Hotel Trust from $15.00 to $14.00 and set an “underweight” rating for the company in a research report on Thursday, August 27th. Weiss Ratings raised Pebblebrook Hotel Trust from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 7th. Stifel Nicolaus increased their target price on Pebblebrook Hotel Trust from $20.25 to $21.25 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Finally, Morgan Stanley raised their price target on Pebblebrook Hotel Trust from $12.00 to $13.00 and gave the company an “underweight” rating in a report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Pebblebrook Hotel Trust currently has an average rating of “Hold” and a consensus price target of $17.52.

Pebblebrook Hotel Trust Price Performance

The firm has a 50-day moving average of $18.40 and a 200-day moving average of $16.52. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.34 and a current ratio of 1.34. The firm has a market capitalization of $2.13 billion, a P/E ratio of -27.41, a PEG ratio of 1.28 and a beta of 1.40.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.56. Pebblebrook Hotel Trust had a negative return on equity of 1.83% and a negative net margin of 3.11%.The business had revenue of $407.14 million during the quarter, compared to analyst estimates of $400.05 million. During the same quarter last year, the company earned $0.65 EPS. The company’s quarterly revenue was down .1% compared to the same quarter last year. 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, analysts predict that Pebblebrook Hotel Trust will post 1.7 EPS for the current year.

Pebblebrook Hotel Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be given a $0.01 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.04 dividend on an annualized basis and a yield of 0.2%. Pebblebrook Hotel Trust’s payout ratio is -5.80%.

Institutional Trading of Pebblebrook Hotel Trust

A number of institutional investors have recently made changes to their positions in the stock. Arrowstreet Capital Limited Partnership boosted its holdings in Pebblebrook Hotel Trust by 51.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,154,627 shares of the real estate investment trust’s stock worth $27,213,000 after purchasing an additional 736,078 shares during the last quarter. Legal & General Group Plc purchased a new position in shares of Pebblebrook Hotel Trust in the 2nd quarter worth $36,905,000. Bank of New York Mellon Corp bought a new stake in shares of Pebblebrook Hotel Trust in the second quarter worth $18,729,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Pebblebrook Hotel Trust by 5.5% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 788,621 shares of the real estate investment trust’s stock worth $15,307,000 after acquiring an additional 41,249 shares during the period. Finally, Bamco Inc. NY purchased a new stake in Pebblebrook Hotel Trust during the second quarter valued at $12,115,000.

About Pebblebrook Hotel Trust

Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust that owns and invests in upper-upscale and luxury hotels and resorts. The company’s portfolio includes independent, boutique and branded properties serving business and leisure travelers.

Pebblebrook focuses primarily on hotels in major urban and resort destinations across the United States, including markets on the West Coast, in the Northeast, the Southeast and other metropolitan and resort regions.