A Reversal for Pebblebrook Hotel Trusthares of Beneficia (NYSE:PEB) Is Near. The Stock Has Decrease in Shorts

August 9, 2018 - By Kristin Houston

Pebblebrook Hotel Trust (NYSE:PEB) Logo

Investors sentiment decreased to 1.23 in 2018 Q1. Its down 0.10, from 1.33 in 2017Q4. It is negative, as 23 investors sold Pebblebrook Hotel Trust shares while 61 reduced holdings. 31 funds opened positions while 72 raised stakes. 81.25 million shares or 1.28% less from 82.30 million shares in 2017Q4 were reported.
First Mercantile Tru Company reported 3,170 shares. Bank & Trust has invested 0.01% in Pebblebrook Hotel Trust (NYSE:PEB). Loudon Inv Mgmt Ltd Liability reported 71,507 shares. Moreover, First Manhattan Communication has 0% invested in Pebblebrook Hotel Trust (NYSE:PEB) for 47 shares. Amundi Pioneer Asset Mgmt reported 154,908 shares stake. Bnp Paribas Asset Hldgs reported 0.06% stake. Advisory Service Network Limited Liability Company reported 0% stake. Vident Invest Advisory Limited Com has 0.01% invested in Pebblebrook Hotel Trust (NYSE:PEB) for 5,614 shares. Parametric Port Associates Ltd Liability Corp stated it has 96,908 shares or 0% of all its holdings. Florida-based Raymond James Financial Service Advsrs has invested 0.01% in Pebblebrook Hotel Trust (NYSE:PEB). Covington Capital accumulated 1,000 shares. Ledyard National Bank & Trust has 94 shares for 0% of their portfolio. Prudential Fincl accumulated 16,731 shares. State Of Alaska Department Of Revenue reported 11,940 shares. The Australia-based Westpac has invested 0% in Pebblebrook Hotel Trust (NYSE:PEB).

The stock of Pebblebrook Hotel Trusthares of Beneficia (NYSE:PEB) registered a decrease of 0.19% in short interest. PEB’s total short interest was 10.00M shares in August as published by FINRA. Its down 0.19% from 10.02 million shares, reported previously. With 941,100 shares average volume, it will take short sellers 11 days to cover their PEB’s short positions. The short interest to Pebblebrook Hotel Trusthares of Beneficia’s float is 14.77%.

The stock decreased 0.13% or $0.05 during the last trading session, reaching $37.97. About 103,306 shares traded. Pebblebrook Hotel Trust (NYSE:PEB) has risen 31.31% since August 9, 2017 and is uptrending. It has outperformed by 18.74% the S&P500.

Pebblebrook Hotel Trust, through Pebblebrook Hotel, L.P., operates as a real estate investment trust. The company has market cap of $2.63 billion. The firm acquires and invests primarily in hotel properties located in the United States. It has a 24.37 P/E ratio. It holds interests in the Doubletree Bethesda Hotel and Executive Meeting Center located in Bethesda, Maryland; Sir Francis Drake Hotel located in San Francisco, California; and InterContinental Buckhead Hotel located in Atlanta, Georgia.

Pebblebrook Hotel Trust (NYSE:PEB) Ratings Coverage

Among 3 analysts covering Pebblebrook Hotel (NYSE:PEB), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Pebblebrook Hotel had 4 analyst reports since February 27, 2018 according to SRatingsIntel. On Tuesday, February 27 the stock rating was maintained by Robert W. Baird with “Hold”. The stock of Pebblebrook Hotel Trust (NYSE:PEB) has “Buy” rating given on Thursday, April 26 by BTIG Research. The company was upgraded on Sunday, May 20 by Evercore. Robert W. Baird maintained it with “Neutral” rating and $38 target in Tuesday, May 1 report.

More notable recent Pebblebrook Hotel Trust (NYSE:PEB) news were published by: Globenewswire.com which released: “Recent Analysis Shows Pebblebrook Hotel Trust, Data I/O, PNM Resources, Inc. (Holding Co.), PolyOne, CoreSite …” on August 02, 2018, also Seekingalpha.com with their article: “Pebblebrook takes another stab at getting LaSalle board to engage” published on July 20, 2018, Streetinsider.com published: “Pebblebrook Hotel Trust (PEB) Sends Letter to Board of Lasalle Hotel Properties (LHO)” on July 20, 2018. More interesting news about Pebblebrook Hotel Trust (NYSE:PEB) were released by: Businesswire.com and their article: “Pebblebrook Hotel Trust Launches Proxy Website” published on August 03, 2018 as well as Seekingalpha.com‘s news article titled: “Merger Arbitrage Mondays – July 16, 2018” with publication date: July 16, 2018.

Pebblebrook Hotel Trust (NYSE:PEB) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.