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New Big Money Means Pebblebrook Hotel Trust (PEB) Investors Could Reap Benefit

Pebblebrook Hotel Trust (NYSE: PEB) is -18.21% lower on its value in year-to-date trading and has touched a low of $11.39 and a high of $16.65 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PEB stock was last observed hovering at around $12.85 in the last trading session, with the day’s gains setting it 0.22%.

Currently trading at $13.07, the stock is -3.70% and -7.49% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.05 million and changing 1.71% at the moment leaves the stock -9.49% off its SMA200. PEB registered -9.61% loss for a year compared to 6-month loss of -18.67%.

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The stock witnessed a -5.56% gain in the last 1 month and extending the period to 3 months gives it a -18.31%, and is -0.61% down 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 2.24% over the week and 2.52% over the month.

Pebblebrook Hotel Trust (PEB) has around 60 employees, a market worth around $1.57B and $1.43B in sales. Profit margin for the company is -8.31%. Distance from 52-week low is 14.80% and -21.50% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.26%).

The EPS is expected to grow by 30.11% this year

The shares outstanding are 120.19M, and float is at 118.14M with Short Float at 15.53%.

Pebblebrook Hotel Trust (PEB) Insider Activity

The most recent transaction is an insider sale by Miller Phillip M., the company’s Director. SEC filings show that Miller Phillip M. sold 3,500 shares of the company’s common stock on Jun 26 ’24 at a price of $13.29 per share for a total of $46515.0. Following the sale, the insider now owns 13098.0 shares.

Pebblebrook Hotel Trust disclosed in a document filed with the SEC on Jun 11 ’24 that BORTZ JON E (Chairman and CEO) bought a total of 16,000 shares of the company’s common stock. The trade occurred on Jun 11 ’24 and was made at $13.60 per share for $0.22 million. Following the transaction, the insider now directly holds 1.25 million shares of the PEB stock.

Still, SEC filings show that on Jun 10 ’24, BORTZ JON E (Chairman and CEO) acquired 29,000 shares at an average price of $13.58 for $0.39 million. The insider now directly holds 1,237,284 shares of Pebblebrook Hotel Trust (PEB).

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