Jupiter Topco LLC Makes New $924,000 Investment in Pebblebrook Hotel Trust $PEB

Jupiter Topco LLC acquired a new stake in shares of Pebblebrook Hotel Trust (NYSE:PEB) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 47,612 shares of the real estate investment trust’s stock, valued at approximately $924,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PEB. Whittier Trust Co. of Nevada Inc. bought a new stake in Pebblebrook Hotel Trust during the 1st quarter worth approximately $34,000. Quadrant Capital Group LLC boosted its position in shares of Pebblebrook Hotel Trust by 32.8% in the fourth quarter. Quadrant Capital Group LLC now owns 3,220 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 796 shares during the period. Cullen Frost Bankers Inc. purchased a new stake in shares of Pebblebrook Hotel Trust in the fourth quarter worth $38,000. Hantz Financial Services Inc. increased its stake in shares of Pebblebrook Hotel Trust by 188.0% in the fourth quarter. Hantz Financial Services Inc. now owns 5,049 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 3,296 shares in the last quarter. Finally, Group One Trading LLC bought a new stake in shares of Pebblebrook Hotel Trust during the 2nd quarter valued at $86,000.

Pebblebrook Hotel Trust Price Performance

Shares of NYSE:PEB opened at $18.03 on Friday. The firm has a market cap of $2.03 billion, a price-to-earnings ratio of -26.13, a P/E/G ratio of 1.24 and a beta of 1.40. The firm has a fifty day moving average price of $18.60 and a 200 day moving average price of $15.84. Pebblebrook Hotel Trust has a fifty-two week low of $9.99 and a fifty-two 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.

Pebblebrook Hotel Trust (NYSE:PEB) last announced its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 EPS for the quarter, topping the consensus estimate of $0.12 by $0.56. Pebblebrook Hotel Trust had a negative net margin of 3.11% and a negative return on equity of 1.83%. The business had revenue of $407.14 million for the quarter, compared to analysts’ expectations of $400.05 million. During the same quarter in the previous year, the company earned $0.65 EPS. The business’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, sell-side analysts expect that Pebblebrook Hotel Trust will post 1.7 earnings per share for the current fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, June 30th. Pebblebrook Hotel Trust’s dividend payout ratio is -5.80%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on PEB shares. Cantor Fitzgerald lifted their target price on shares of Pebblebrook Hotel Trust from $15.00 to $19.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. Weiss Ratings raised Pebblebrook Hotel Trust from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 7th. BMO Capital Markets reissued a “market perform” rating and set a $17.00 price target on shares of Pebblebrook Hotel Trust in a report on Friday, June 12th. Stifel Nicolaus upped their price objective 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, Truist Financial upped their price objective on Pebblebrook Hotel Trust from $17.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $17.37.

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.