Pebblebrook Resort Belief (NYSE:PEB) PT Raised to $21.00 at Citigroup

Pebblebrook Resort Belief (NYSE:PEB – Get Ranking) had its goal worth lifted by Citigroup to $21.00 in a report launched on Tuesday morning, Inventory Goal Advisor studies.

A lot of different equities analysis analysts additionally just lately weighed in on PEB. Stifel Nicolaus dropped their goal worth on Pebblebrook Resort Belief from $26.25 to $23.25 in a analysis report on Friday, June twenty fourth. Evercore ISI restated an underperform ranking and set a $19.00 goal worth on shares of Pebblebrook Resort Belief in a analysis report on Monday, July eleventh. Lastly, Barclays dropped their goal worth on Pebblebrook Resort Belief from $26.00 to $22.00 and set an equal weight ranking for the corporate in a analysis report on Thursday, July seventh. Two equities analysis analysts have rated the inventory with a promote ranking, 5 have assigned a maintain ranking and three have assigned a purchase ranking to the corporate. In keeping with information from MarketBeat.com, Pebblebrook Resort Belief at the moment has a consensus ranking of Maintain and a consensus worth goal of $23.92.

Pebblebrook Resort Belief Buying and selling Up 2.5%

Shares of PEB opened at $20.30 on Tuesday. The inventory has a fifty day shifting common worth of $18.72 and a two-hundred day shifting common worth of $21.59. The corporate has a debt-to-equity ratio of 0.79, a fast ratio of 0.44 and a present ratio of 0.44. Pebblebrook Resort Belief has a 52-week low of $16.04 and a 52-week excessive of $26.45. The corporate has a market cap of $2.67 billion, a price-to-earnings ratio of -13.72, a PEG ratio of 0.74 and a beta of 1.78.

Pebblebrook Resort Belief Dividend Announcement

The agency additionally just lately introduced a quarterly dividend, which was paid on Friday, July fifteenth. Shareholders of file on Thursday, June thirtieth have been paid a $0.01 dividend. The ex-dividend date was Wednesday, June twenty ninth. This represents a $0.04 dividend on an annualized foundation and a yield of 0.20%. Pebblebrook Resort Belief’s payout ratio is -2.70%.

Insider Shopping for and Promoting at Pebblebrook Resort Belief

In different Pebblebrook Resort Belief information, Director Ron E. Jackson purchased 5,900 shares of the agency’s inventory in a transaction on Thursday, June thirtieth. The inventory was bought at a median price of $16.86 per share, with a complete worth of $99,474.00. Following the completion of the acquisition, the director now owns 61,122 shares within the firm, valued at $1,030,516.92. The transaction was disclosed in a authorized submitting with the SEC, which is obtainable at this hyperlink. In different information, Director Ron E. Jackson bought 5,900 shares of the enterprise’s inventory in a transaction dated Thursday, June thirtieth. The shares have been purchased at a median price of $16.86 per share, for a complete transaction of $99,474.00. Following the completion of the acquisition, the director now straight owns 61,122 shares within the firm, valued at roughly $1,030,516.92. The acquisition was disclosed in a submitting with the SEC, which could be accessed by way of this hyperlink. Additionally, CEO Jon E. Bortz bought 10,000 shares of the enterprise’s inventory in a transaction dated Wednesday, June twenty ninth. The inventory was bought at a median worth of $16.33 per share, for a complete transaction of $163,300.00. Following the completion of the acquisition, the chief govt officer now owns 990,830 shares of the corporate’s inventory, valued at $16,180,253.90. The disclosure for this buy could be discovered right here. Insiders personal 1.90% of the corporate’s inventory.

Institutional Buying and selling of Pebblebrook Resort Belief

A lot of institutional traders have just lately modified their holdings of the corporate. Renaissance Applied sciences LLC lifted its holdings in shares of Pebblebrook Resort Belief by 266.1% within the second quarter. Renaissance Applied sciences LLC now owns 653,495 shares of the actual property funding belief’s inventory valued at $10,828,000 after buying a further 474,995 shares within the final quarter. Northern Belief Corp raised its holdings in Pebblebrook Resort Belief by 12.5% ​​in the course of the second quarter. Northern Belief Corp now owns 2,178.847 shares of the actual property funding belief’s inventory price $36,104,000 after buying a further 241,310 shares within the final quarter. Rhumbline Advisers raised its holdings in Pebblebrook Resort Belief by 8.0% in the course of the second quarter. Rhumbline Advisers now owns 480,488 shares of the actual property funding belief’s inventory price $7,962,000 after buying a further 35,600 shares within the final quarter. AlphaCrest Capital Administration LLC raised its holdings in Pebblebrook Resort Belief by 622.6% in the course of the second quarter. AlphaCrest Capital Administration LLC now owns 61,777 shares of the actual property funding belief’s inventory price $1,024,000 after buying a further 53,228 shares within the final quarter. Lastly, King Luther Capital Administration Corp purchased a brand new stake in Pebblebrook Resort Belief in the course of the second quarter price about $1,930,000.

Pebblebrook Resort Belief Firm Profile

(Get Ranking)

Pebblebrook Resort Belief (NYSE: PEB) is a publicly traded actual property funding belief (“REIT”) and the biggest proprietor of city and resort way of life inns in the USA. The Firm owns 53 inns, totaling roughly 13,200 rooms throughout 14 city and resort markets, with a give attention to the west coast gateway cities.

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Analyst Recommendations for Pebblebrook Hotel Trust (NYSE:PEB)

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