Pebblebrook Hotel Trust (NYSE: PEB) is -27.90% lower on its value in year-to-date trading and has touched a low of $7.41 and a high of $15.12 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 $9.61 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $9.77, the stock is 2.33% and 5.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.35 million and changing 1.66% at the moment leaves the stock -18.24% off its SMA200. PEB registered -30.95% loss for a year compared to 6-month loss of -33.27%. The firm has a 50-day simple moving average (SMA 50) of $9.241 and a 200-day simple moving average (SMA200) of $11.94895.
The stock witnessed a 3.06% gain in the last 1 month and extending the period to 3 months gives it a -15.12%, and is 7.84% 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 2.20% over the week and 3.14% over the month.
Pebblebrook Hotel Trust (PEB) has around 60 employees, a market worth around $1.16B and $1.46B in sales. Profit margin for the company is -3.54%. Distance from 52-week low is 31.77% and -35.38% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.12%).
The EPS is expected to shrink by -53.21% this year.
Pebblebrook Hotel Trust (PEB) Top Institutional Holders
374.0 institutions hold shares in Pebblebrook Hotel Trust (PEB), with institutional investors hold 123.58% of the company’s shares. The shares outstanding are 118.28M, and float is at 115.83M with Short Float at 9.29%. Institutions hold 120.84% 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).
