Pebblebrook Hotel Trust (PEB)

• Market cap: $1.65B
• 1 day: 1.70%
• 5 days: -5.30%
• 1 month: 0.15%
• 3 months: -1.50%
• 6 months: -0.58%
• Year to date: -13.25%
• 1 year: -15.75%
• 5 years: -49.30%
• 10 years: -70.46%
• Sector: Financials
• Industry: Real Estate Investment Trusts

About: Pebblebrook Hotel Trust currently owns upper upscale and luxury hotels with 11,924 rooms across 46 hotels in the United States. Pebblebrook acquired LaSalle Hotel Properties, which owned 10,451 rooms across 41 US hotels, in November 2018, though management has sold many of those hotels over the past few years. Pebblebrook's portfolio consists mostly of independent hotels with no brand affiliations, though the combined company does own and operate some hotels under Marriott, Starwood, InterContinental, Hilton, and Hyatt brands.

Employees: 58

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

7,851% more call options, than puts

Call options by funds: $53.5M | Put options by funds: $673K

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

23% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 30

3% more funds holding

Funds holding: 243 [Q2] → 250 (+7) [Q3]

4.88% less ownership

Funds ownership: 123.29% [Q2] → 118.41% (-4.88%) [Q3]

8% less capital invested

Capital invested by funds: $2.04B [Q2] → $1.89B (-$155M) [Q3]

33% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 105

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $14 2% upside
• Avg. target: $15.20 11% upside
• High target: $17 24% upside

5 analyst ratings

• positive: 2 40%
• neutral: 3 60%
• negative: 0 0%

Wells Fargo Dori Kesten 54% 1-year accuracy 14 / 26 met price target	16% upside $16	Equal-Weight Maintained	9 Dec 2024
Stifel Simon Yarmak 41% 1-year accuracy 14 / 34 met price target	9% upside $15	Buy Upgraded	22 Nov 2024
Compass Point Floris Van Dijkum 65% 1-year accuracy 13 / 20 met price target	24% upside $17	Buy Upgraded	21 Nov 2024
Baird Michael Bellisario 82% 1-year accuracy 14 / 17 met price target	2% upside $14	Neutral Maintained	31 Oct 2024
Truist Securities Gregory Miller 86% 1-year accuracy 6 / 7 met price target	2% upside $14	Hold Maintained	28 Oct 2024