Mitsubishi UFJ Asset Management Co. Ltd. Buys New Position in Pebblebrook Hotel Trust $PEB

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Pebblebrook Hotel Trust (NYSE:PEB) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 98,172 shares of the real estate investment trust’s stock, valued at approximately $1,906,000.

Other institutional investors have also recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. purchased a new stake in Pebblebrook Hotel Trust in the 1st quarter valued at about $34,000. Quadrant Capital Group LLC increased its position in shares of Pebblebrook Hotel Trust by 32.8% during the fourth quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 796 shares during the last quarter. Cullen Frost Bankers Inc. bought a new stake in Pebblebrook Hotel Trust during the fourth quarter worth $38,000. Mirae Asset Global Investments Co. Ltd. grew its stake in Pebblebrook Hotel Trust by 33.3% in 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 purchasing an additional 865 shares during the period. Finally, Hantz Financial Services Inc. increased its position in shares of Pebblebrook Hotel Trust by 188.0% during the 4th 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 during the last quarter.

Wall Street Analysts Forecast Growth

PEB has been the topic of a number of research analyst reports. Raymond James Financial reissued an “outperform” rating and issued a $18.00 price target on shares of Pebblebrook Hotel Trust in a report on Monday, June 8th. Citigroup lifted their price objective on shares of Pebblebrook Hotel Trust from $15.00 to $20.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 22nd. Stifel Nicolaus increased their target price on shares of Pebblebrook Hotel Trust from $20.25 to $21.25 and gave the company a “buy” rating in a research report on Thursday, July 30th. Weiss Ratings upgraded shares of Pebblebrook Hotel Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, August 7th. Finally, Cantor Fitzgerald lifted their price target on shares of Pebblebrook Hotel Trust from $15.00 to $19.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Pebblebrook Hotel Trust currently has an average rating of “Hold” and an average price target of $17.44.

Pebblebrook Hotel Trust Trading Down 0.6%

Shares of Pebblebrook Hotel Trust stock opened at $18.44 on Friday. The stock has a market capitalization of $2.08 billion, a P/E ratio of -26.72, a P/E/G ratio of 1.27 and a beta of 1.40. Pebblebrook Hotel Trust has a 52-week low of $9.99 and a 52-week high of $19.93. 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 stock’s 50-day simple moving average is $18.72 and its 200 day simple moving average is $15.43.

Pebblebrook Hotel Trust (NYSE:PEB) last posted its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.56. The company had revenue of $407.14 million for the quarter, compared to analyst estimates 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 company’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.65 earnings per share. 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, research analysts anticipate that Pebblebrook Hotel Trust will post 1.7 EPS for the current year.

Pebblebrook Hotel Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.01 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.04 dividend on an annualized basis and a 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.