A Director at Pebblebrook Hotel (PEB) is Buying Shares


Today, a Director at Pebblebrook Hotel (PEB), Cydney Donnell, bought shares of PEB for $49.81K.

Following Cydney Donnell’s last PEB Buy transaction on February 29, 2016, the stock climbed by 10.9%. This recent transaction increases Cydney Donnell’s holding in the company by 5.43% to a total of $939.1K.

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Based on Pebblebrook Hotel’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $205 million and quarterly net profit of $29.71 million. In comparison, last year the company earned revenue of $203 million and had a net profit of $30.34 million. PEB’s market cap is $2.38B and the company has a P/E ratio of 22.26. Currently, Pebblebrook Hotel has an average volume of 2.82M.

Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $38.00, reflecting a 12.7% upside. Three different firms, including Barclays and Merrill Lynch, currently also have a Buy rating on the stock.

Cydney Donnell’s trades have generated a 38.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Pebblebrook Hotel Trust is a real estate investment trust, which engages in the investments and acquisition in hotel properties. it includes cities in United States, such as Atlanta, Boston, Los Angeles, Miami, Minneapolis, Nashville, Naples, Philadelphia, Portland, Santa Monica, San Diego, San Francisco, Seattle, and Washington.

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