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PEB

Pebblebrook Hotel

$35.26

1.61 (4.78%)

16:09
04/12/18
04/12
16:09
04/12/18
16:09

Pebblebrook Hotel confirms inadvertent disclosure of Q1 trading update

Earlier this morning, April 12, 2018, Pebblebrook Hotel Trust inadvertently posted on the company's website an initial working draft of a document relating to the company's first quarter 2018 financial and operating results. The company quickly discovered the error and immediately removed the document from its website. However, the company is aware that during the brief period of time the document was on the website, certain automated web search processes discovered and disseminated the document. The company did not authorize the release of the document or any of the information contained therein, and no one should rely upon the information for any purpose as it was in early draft form and is subject to change. At approximately 10:50 a.m. Eastern time, the company issued a press release titled "Pebblebrook Hotel Trust Provides Update on First Quarter 2018 Outlook." The information in that later press release provided an update on the company's first quarter 2018 outlook. As the company announced earlier today, it will release its actual financial and operating results for the quarter ended March 31, 2018 on Thursday, April 26, 2018 after the market closes and will conduct its quarterly conference call on Friday, April 27, 2018, at 10:00 a.m. Eastern time.

  • 27

    Apr

PEB Pebblebrook Hotel
$35.26

1.61 (4.78%)

10/02/17
BARD
10/02/17
DOWNGRADE
Target $34
BARD
Neutral
Pebblebrook Hotel downgraded to Neutral at Baird
As reported previously, Baird analyst Michael Bellisario downgraded Pebblebrook Hotel to Neutral from Outperform given the recent run up in stock price. The analyst said share repurchases and additional accretive hotel dispositions are much less likely at current levels. Bellisario maintained his $34 price target on Pebblebrook Hotel shares.
12/14/17
STFL
12/14/17
NO CHANGE
STFL
Stifel cautious on Lodging REITs in 2018 with cycle seen near end
Stifel analyst Simon Yarmak is recommending being underweight Lodging REITs in 2018 citing his belief the lodging cycle is reaching the end and that several major REIT markets face supply issues. While cautious on the sector, he identifies DiamondRock Hospitality (DRH) as his top pick for those who want to participate in the space.
03/29/18
BOSC
03/29/18
UPGRADE
BOSC
Neutral
LaSalle Hotel upgraded to Neutral from Underperform at Boenning & Scattergood
Boenning & Scattergood analyst Floris van Dijkum upgraded LaSalle Hotel (LHO) to Neutral following Pebblebrook Hotel's (PEB) bid for the company. The analyst expects a deal to be consummated eventually.
04/03/18
BARD
04/03/18
NO CHANGE
Target $30
BARD
Outperform
LaSalle Hotel math suggests more upside possible, says Baird
Baird analyst Michael Bellasario said his upgrade thesis on LaSalle Hotel (LHO) is unfolding despite its current less attractive risk/reward. He believes the recent unsolicited offer for the company from Pebblebrook Hotel Trust (PEB) will provide a floor for the share price, but other M&A catalysts could provide additional upside. Bellasario reiterated his Outperform rating and raised his price target to $30 from $28 on LaSalle Hotel shares.

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CATM

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MSFT

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TSLA

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SPY

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XLU

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IMNP

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RIG

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$11.23

0.47 (4.37%)

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