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Pebblebrook Hotel Trust (PEB) Stock Could Soon Reward Patient Investors

Pebblebrook Hotel Trust (NYSE: PEB) is -18.84% 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 $12.78 in the last trading session, with the day’s gains setting it 0.19%.

Currently trading at $12.97, the stock is 1.12% and -0.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.12 million and changing 1.49% at the moment leaves the stock -10.51% off its SMA200. PEB registered -8.66% loss for a year compared to 6-month loss of -17.23%.

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The stock witnessed a 4.60% gain in the last 1 month and extending the period to 3 months gives it a -8.21%, and is 4.51% 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 2.61% over the week and 2.70% over the month.

Pebblebrook Hotel Trust (PEB) has around 60 employees, a market worth around $1.56B and $1.44B in sales. Profit margin for the company is -9.15%. Distance from 52-week low is 13.92% and -22.10% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.50%).

The EPS is expected to grow by 52.69% this year.

Pebblebrook Hotel Trust (PEB) Top Institutional Holders

353.0 institutions hold shares in Pebblebrook Hotel Trust (PEB), with institutional investors hold 125.71% of the company’s shares. The shares outstanding are 120.19M, and float is at 118.05M with Short Float at 15.70%. Institutions hold 123.30% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 22.7 million shares valued at $312.09 million. The investor’s holdings represent 18.8998% of the PEB Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 18.81 million shares valued at $258.64 million to account for 15.6629 of the shares outstanding. The other top investors are FULLER & THALER ASSET MANAGEMENT, INC. which holds 10.05 million shares representing 8.372% and valued at over $138.25 million, while STATE STREET CORP holds 6.1255 of the shares totaling 7.36 million with a market value of $101.22 million.

Pebblebrook Hotel Trust (PEB) Insider Activity

The most recent transaction is an insider purchase by BORTZ JON E, the company’s Chairman and CEO. SEC filings show that BORTZ JON E bought 22,000 shares of the company’s common stock on Aug 13 ’24 at a price of $12.21 per share for a total of $0.27 million. Following the purchase, the insider now owns 1.34 million shares.

Pebblebrook Hotel Trust disclosed in a document filed with the SEC on Aug 14 ’24 that BORTZ JON E (Chairman and CEO) bought a total of 8,000 shares of the company’s common stock. The trade occurred on Aug 14 ’24 and was made at $12.34 per share for $98720.0. Following the transaction, the insider now directly holds 1.35 million shares of the PEB stock.

Still, SEC filings show that on Aug 05 ’24, BORTZ JON E (Chairman and CEO) acquired 66,000 shares at an average price of $11.98 for $0.79 million. The insider now directly holds 1,319,284 shares of Pebblebrook Hotel Trust (PEB).

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