Pebblebrook Hotel Trust (NYSE: PEB) is -7.82% lower on its value in year-to-date trading and has touched a low of $11.65 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 $13.91 in the last trading session, with the day’s gains setting it 0.82%.
Currently trading at $14.73, the stock is 12.54% and 14.27% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.96 million and changing 5.90% at the moment leaves the stock 5.99% off its SMA200. PEB registered 12.53% gain for a year compared to 6-month loss of 2.01%. The firm has a 50-day simple moving average (SMA 50) of $12.8754 and a 200-day simple moving average (SMA200) of $13.9047.
The stock witnessed a 24.30% gain in the last 1 month and extending the period to 3 months gives it a 13.48%, and is 7.28% 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 2.87% over the week and 3.33% over the month.
Pebblebrook Hotel Trust (PEB) has around 60 employees, a market worth around $1.76B and $1.45B in sales. Profit margin for the company is -2.13%. Distance from 52-week low is 26.44% and -11.53% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.59%).
with sales reaching $326.31M over the same period.The EPS is expected to grow by 63.71% this year, but quarterly earnings will post 1.60% year-over-year. Quarterly sales are estimated to shrink -2.33% in year-over-year returns.
Pebblebrook Hotel Trust (PEB) Top Institutional Holders
360.0 institutions hold shares in Pebblebrook Hotel Trust (PEB), with institutional investors hold 123.37% of the company’s shares. The shares outstanding are 119.29M, and float is at 117.21M with Short Float at 13.65%. Institutions hold 120.94% 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 13,000 shares of the company’s common stock on Nov 21 ’24 at a price of $12.68 per share for a total of $0.16 million. Following the purchase, the insider now owns 1.4 million shares.
Pebblebrook Hotel Trust disclosed in a document filed with the SEC on Nov 15 ’24 that BORTZ JON E (Chairman and CEO) bought a total of 7,000 shares of the company’s common stock. The trade occurred on Nov 15 ’24 and was made at $12.06 per share for $84390.0. Following the transaction, the insider now directly holds 1.38 million shares of the PEB stock.
Still, SEC filings show that on Nov 14 ’24, BORTZ JON E (Chairman and CEO) acquired 26,000 shares at an average price of $12.48 for $0.32 million. The insider now directly holds 1,375,284 shares of Pebblebrook Hotel Trust (PEB).
