Pebblebrook Hotel Trust (NYSE: PEB) is -1.38% lower on its value in year-to-date trading and has touched a low of $5.39 and a high of $26.03 in the current 52-week trading range. The PEB stock was last observed hovering at around $19.13 in the last trading session, with the day’s loss setting it -0.59% off its average median price target of $20.00 for the next 12 months. It is also 19.39% off the consensus price target high of $23.00 offered by 15 analysts, but current levels are -68.55% lower than the price target low of $11.00 for the same period.
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Currently trading at $18.54, the stock is -0.90% and 5.15% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.34 million and changing -3.08% at the moment leaves the stock 36.25% off its SMA200. PEB registered -27.46% loss for a year compared to 6-month gain of 62.63%. The firm has a 50-day simple moving average (SMA 50) of $8.92% and a 200-day simple moving average (SMA200) of $8.1M.
The stock witnessed a -3.29% loss in the last 1 month and extending the period to 3 months gives it a 32.81%, and is 0.93% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.52% over the week and 4.63% over the month.
Pebblebrook Hotel Trust (PEB) has around 58 employees, a market worth around $2.41B and $748.10M in sales. Profit margin for the company is -31.00%. Distance from 52-week low is 243.97% and -28.79% from its 52-week high. The company has generated returns on investments over the last 12 months (3.80%).
Pebblebrook Hotel Trust (PEB) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Pebblebrook Hotel Trust (PEB) is a “Hold”. 15 analysts offering their recommendations for the stock have an average rating of 2.80, where 9 rate it as a Hold and 1 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 2 analysts have rated the stock as a Sell or Underperform.
Pebblebrook Hotel Trust is expected to release its quarterly report on 04/29/2021 and quarterly earnings per share for the current quarter are estimated at -$0.9 with sales reaching $87.94M over the same period.The EPS is expected to shrink by -546.00% this year, but quarterly earnings will post -71.70% year-over-year. Quarterly sales are estimated to shrink -76.80% in year-over-year returns.
Pebblebrook Hotel Trust (PEB) Top Institutional Holders
324 institutions hold shares in Pebblebrook Hotel Trust (PEB), with 1.69M shares held by insiders accounting for 1.29% while institutional investors hold 104.84% of the company’s shares. The shares outstanding are 130.65M, and float is at 129.24M with Short Float at 9.03%. Institutions hold 103.49% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 18.63 million shares valued at $233.45 million. The investor’s holdings represent 14.23% of the PEB Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 18.21 million shares valued at $228.23 million to account for 13.91% of the shares outstanding. The other top investors are Capital International Investors which holds 6.84 million shares representing 5.23% and valued at over $85.72 million, while State Street Corporation holds 4.97% of the shares totaling 6.5 million with a market value of $81.5 million.
Pebblebrook Hotel Trust (PEB) Insider Activity
A total of 10 insider transactions have happened at Pebblebrook Hotel Trust (PEB) in the last six months, with sales accounting for 3 and purchases happening 7 times. The most recent transaction is an insider purchase by BORTZ JON E, the company’s Chairman, President and CEO. SEC filings show that BORTZ JON E bought 17,227 shares of the company’s common stock on Nov 06 at a price of $20.95 per share for a total of $0.36 million. Following the purchase, the insider now owns 28291.0 shares.
Pebblebrook Hotel Trust disclosed in a document filed with the SEC on Nov 03 that BORTZ JON E (Chairman, President and CEO) bought a total of 22,487 shares of the company’s common stock. The trade occurred on Nov 03 and was made at $20.98 per share for $0.47 million. Following the transaction, the insider now directly holds 55813.0 shares of the PEB stock.
Still, SEC filings show that on Sep 14, BORTZ JON E (Chairman, President and CEO) acquired 5,014 shares at an average price of $21.47 for $0.11 million. The insider now directly holds 21,000 shares of Pebblebrook Hotel Trust (PEB).
Pebblebrook Hotel Trust (PEB): Who are the competitors?
The company’s main competitors (and peers) include Hersha Hospitality Trust (HT) that is trading -42.92% down over the past 12 months. Sotherly Hotels Inc. (SOHO) is -63.29% down on the 1-year trading charts.