|Bid||30.29 x 800|
|Ask||30.32 x 1100|
|Day's Range||30.26 - 30.81|
|52 Week Range||26.59 - 41.65|
|Beta (3Y Monthly)||1.66|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.14 (3.50%)|
|1y Target Est||N/A|
Pebblebrook Hotel Trust is a US$4.1b mid-cap, real estate investment trust (REIT) based in Bethesda, United States...
Pebblebrook Hotel Trust NYSE:PEBView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate and declining * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is moderate for PEB with between 5 and 10% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on May 2. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding PEB totaled $1.79 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Pebblebrook Hotel Trust (NYSE: PEB) CEO Jon Bortz earned a cash bonus of more than $2.4 million in 2018, largely for his completion of the surprisingly contentious acquisition of fellow hospitality lodging REIT LaSalle Hotel Properties. The bonus brought Bortz’s total compensation to $5.65 million for 2018, which was a 43.5% increase over his 2017 total pay of $3.91 million. “After taking into account … the extraordinary efforts the NEOs expended in connection with planning and executing the merger and subsequent integration, the scope of neither of which had been fully anticipated when targets were established in early 2018, the Company paid each NEO actual cash incentive and discretionary cash bonuses of 87.4% and 112.6%, respectively, of his target cash incentive bonus for a total of 200% of target,” the company noted in its annual proxy filing. CFO Raymond Martz and Chief Investment Officer Thomas Fisher each received cash bonuses of $856,000.
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BETHESDA, Md. (AP) _ Pebblebrook Hotel Trust (PEB) on Thursday reported a key measure of profitability in its first quarter. The Bethesda, Maryland-based real estate investment trust said it had funds from operations of $60.7 million, or 46 cents per share, in the period. The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of 40 cents per share.
Anyone researching Pebblebrook Hotel Trust (NYSE:PEB) might want to consider the historical volatility of the share price. Modern finance theory considers volatility to be a measure of risk, and there are two main types of price vo...
Pebblebrook Hotel Trust, fresh off the acquisition of a fellow Bethesda-based hospitality REIT, is moving its headquarters across Wisconsin Avenue. JBG Smith Properties (NYSE: JBGS) announced Tuesday that Pebblebrook (NYSE: PEB) will relocate to 16,000 square feet at the Chevy Chase developer’s 4747 Bethesda Ave., a 15-story trophy office building in downtown Bethesda that’s expected to be completed this year. Pebblebrook, which closed its $5.2 billion acquisition of LaSalle Hotel Properties in November, is currently headquartered at 7315 Wisconsin Ave. — about two-tenths of a mile from its new digs.
Pebblebrook Hotel Trust is an internally managed hotel investment company organized to acquire and invest in hotel properties. The dividend yield of Pebblebrook Hotel Trust stocks is 3.55%. Pebblebrook Hotel Trust had annual average EBITDA growth of 16.90% over the past five years.
Pebblebrook Hotel Trust expects to sell another $350 million in hotel assets by the end of the year, and as much as $900 million worth of hotels by the end of 2020, CEO Jon Bortz told analysts in the company’s first earnings call since acquiring competitor LaSalle Hotel Properties in November. The disposition program is part of Pebblebrook’s continued effort to integrate its legacy portfolio with that of LaSalle. It’s likely that some of those hotel sales will be in D.C. Already, Pebblebrook has unloaded the Liaison Hotel on Capitol Hill — it’s now a Yotel-branded property — and just before its earnings call announced it also sold the Hotel Palomar in Dupont Circle. The properties, which are all Kimpton-managed, could be among the sales.
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Pebblebrook Hotel Trust (NYSE:PEB), which is in the reits business,Read More...
Pebblebrook Hotel Trust is looking to sell three of its D.C. hotels. The 82-room Hotel Madera, the 99-room Topaz Hotel and the 137-room Rouge Hotel, all Kimpton-managed properties, are being marketed for sale, according to a listing with the owner’s broker, CBRE (NYSE: CBRE).
Pebblebrook Hotel Trust (NYSE:PEB) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the Read More...
At Insider Monkey we track the activity of some of the best-performing hedge funds like Appaloosa Management, Baupost, and Third Point because we determined that some of the stocks that they are collectively bullish on can help us generate returns above the broader indices. Out of thousands of stocks that hedge funds invest in, small-caps […]
Jon Bortz explains why he doesn’t see the transaction as a hostile takeover in an exclusive interview with WBJ.
Pebblebrook Hotel Trust is a US$2.4b mid-cap, real estate investment trust (REIT) based in Bethesda, United States. REITs are basically a portfolio of income-producing real estate investments, which are owned Read More...
Pebblebrook Hotel Trust officially closed its $5.2 billion acquisition of fellow Bethesda hospitality REIT LaSalle Hotel Properties on Friday, ending a long pursuit that was months in the making. LaSalle (NYSE: LHO) shareholders were given 0.92 shares of Pebblebrook (NYSE: PEB) stock per share of LaSalle stock or the cash equivalent of $37.80 per share — which LaSalle claims is a 48 percent premium over its stock price before merger rumors first caused it to sway. The cash component of the deal is fixed at approximately $1.3 billion, according to Securities and Exchange Commission filings.
Pebblebrook Hotel Trust’s $5.2 billion acquisition of fellow Bethesda hospitality REIT LaSalle Hotel Properties has received the approval of shareholders of both companies. Pebblebrook’s holders signed off Tuesday on the issuance of stock to LaSalle shareholders as part of a deal forged in September following Pebblebrook’s long and complicated pursuit of the company. The final offer that won LaSalle (NYSE: LHO) was 0.92 shares of Pebblebrook (NYSE: PEB) stock per share of LaSalle stock, with up to 30 percent of the shares eligible for cash at $37.80 per share — which LaSalle claims is a 48 percent premium over its stock price before merger rumors first caused it to sway.