Pebblebrook Hotel Trust
About: Pebblebrook Hotel Trust currently owns upper upscale and luxury hotels with 11,924 rooms across 46 hotels in the United States. Pebblebrook acquired LaSalle Hotel Properties, which owned 10,451 rooms across 41 US hotels, in November 2018, though management has sold many of those hotels over the past few years. Pebblebrook's portfolio consists mostly of independent hotels with no brand affiliations, though the combined company does own and operate some hotels under Marriott, Starwood, InterContinental, Hilton, and Hyatt brands.
Employees: 58
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
7,851% more call options, than puts
Call options by funds: $53.5M | Put options by funds: $673K
100% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]
27% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 30
3% more funds holding
Funds holding: 242 [Q2] → 250 (+8) [Q3]
4.87% less ownership
Funds ownership: 123.28% [Q2] → 118.41% (-4.87%) [Q3]
8% less capital invested
Capital invested by funds: $2.04B [Q2] → $1.89B (-$155M) [Q3]
33% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 104
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Wells Fargo Dori Kesten 47% 1-year accuracy 9 / 19 met price target | 4%downside $14 | Equal-Weight Maintained | 26 Nov 2024 |
Stifel Simon Yarmak 48% 1-year accuracy 10 / 21 met price target | 3%upside $15 | Buy Upgraded | 22 Nov 2024 |
Compass Point Floris Van Dijkum 0 / 0 met price target | 17%upside $17 | Buy Upgraded | 21 Nov 2024 |
Baird Michael Bellisario 92% 1-year accuracy 11 / 12 met price target | 4%downside $14 | Neutral Maintained | 31 Oct 2024 |
Truist Securities Gregory Miller 80% 1-year accuracy 4 / 5 met price target | 4%downside $14 | Hold Maintained | 28 Oct 2024 |
Financial journalist opinion
Based on 6 articles about PEB published over the past 30 days