Hill Winds Capital LP Invests $2.28 Million in Pebblebrook Hotel Trust (NYSE:PEB)

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Hill Winds Capital LP bought a new position in Pebblebrook Hotel Trust (NYSE:PEB) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 85,000 shares of the real estate investment trust’s stock, valued at approximately $2,279,000. Pebblebrook Hotel Trust comprises 1.5% of Hill Winds Capital LP’s holdings, making the stock its 26th biggest holding. Hill Winds Capital LP owned approximately 0.07% of Pebblebrook Hotel Trust as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bartlett & Co. LLC purchased a new stake in shares of Pebblebrook Hotel Trust in the third quarter worth about $26,000. First Bank & Trust boosted its stake in shares of Pebblebrook Hotel Trust by 314.9% in the fourth quarter. First Bank & Trust now owns 1,452 shares of the real estate investment trust’s stock worth $39,000 after buying an additional 1,102 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in shares of Pebblebrook Hotel Trust by 520.4% in the fourth quarter. Quadrant Capital Group LLC now owns 1,582 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 1,327 shares during the last quarter. Quantbot Technologies LP boosted its stake in shares of Pebblebrook Hotel Trust by 707.4% in the fourth quarter. Quantbot Technologies LP now owns 5,143 shares of the real estate investment trust’s stock worth $137,000 after buying an additional 4,506 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale purchased a new stake in shares of Pebblebrook Hotel Trust in the fourth quarter worth about $183,000.

A number of analysts have recently commented on the company. Capital One Financial downgraded Pebblebrook Hotel Trust from an “overweight” rating to an “equal weight” rating and set a $30.00 target price on the stock. in a research note on Monday, January 13th. Zacks Investment Research upgraded Pebblebrook Hotel Trust from a “sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Barclays lowered their target price on Pebblebrook Hotel Trust from $26.00 to $24.00 and set an “underweight” rating on the stock in a research note on Tuesday. Finally, Raymond James downgraded Pebblebrook Hotel Trust from an “outperform” rating to a “market perform” rating and set a $30.00 target price on the stock. in a research note on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $31.00.

NYSE PEB traded down $0.86 during trading hours on Thursday, reaching $20.78. The company’s stock had a trading volume of 3,309,858 shares, compared to its average volume of 1,326,886. The firm has a market capitalization of $2.95 billion, a price-to-earnings ratio of 32.98, a P/E/G ratio of 0.71 and a beta of 1.37. Pebblebrook Hotel Trust has a 1-year low of $20.41 and a 1-year high of $33.59. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.20 and a quick ratio of 0.20. The company’s 50-day moving average is $24.87 and its two-hundred day moving average is $26.25.

Pebblebrook Hotel Trust Company Profile

Pebblebrook Hotel Trust is a publicly traded real estate investment trust (“REIT”) organized to opportunistically acquire and invest primarily in upper upscale, full-service hotels located in urban markets in major gateway cities. The Company owns 61 hotels, totaling approximately 14,600 guest rooms, located in 10 states and the District of Columbia, including: Del Mar, California; Los Angeles, California (Beverly Hills, Santa Monica and West Hollywood); San Diego, California; San Francisco, California; Santa Cruz, California; Washington, DC; Coral Gables, Florida; Key West, Florida; Naples, Florida; Buckhead, Georgia; Chicago, Illinois; Boston, Massachusetts; New York, New York; Portland, Oregon; Philadelphia, Pennsylvania; Nashville, Tennessee; Columbia River Gorge, Washington; and Seattle, Washington.

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Institutional Ownership by Quarter for Pebblebrook Hotel Trust (NYSE:PEB)

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