PEB 43.07 Pebblebrook Hotel Trust $PEB Hit a 52 week high of 43.08 Closing the day 11/03/14 at 43.07 +0.47 +1.10% With a day low of 42.29 and a total volume of 570,388.
PEB Recent Posts:
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PEB Pebblebrook Hotel Trust Recent Headline News
Pebblebrook Hotel Trust closes public offering of 3.7m common stock and underwriters exercise over allotment option
M2 - Fri Oct 31, 11:48AM CDT
A real estate investment trust, Pebblebrook Hotel Trust (NYSE
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EB) said today that it closed its public follow-on offering of 3,680,000 common shares and that underwriter fully exercised its option for 480,000 additional common shares and the net proceeds were about USD146.2m, after estimated offering-related expenses.
PEB: 43.07 (+0.47)
Pebblebrook Hotel Trust Announces Exercise of Underwriter's Option to Purchase Additional Shares and Subsequent Closing of Public Offering of Common Shares
Business Wire - Thu Oct 30, 3:05PM CDT
Pebblebrook Hotel Trust (NYSE
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EB) (the "Company"
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today announced that it has closed its previously announced public follow-on offering of 3,680,000 of its common shares, including 480,000 common shares issued pursuant to the full exercise of the underwriter's option to purchase additional common shares, for net proceeds of approximately $146.2 million, after deducting estimated offering-related expenses.
PEB: 43.07 (+0.47)
Pebblebrook Hotel Trust Announces Relocation of Corporate Offices
Business Wire - Thu Oct 30, 7:02AM CDT
Pebblebrook Hotel Trust (NYSE: PEB) (the "Company"
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today announced that it is relocating its corporate headquarters to 7315 Wisconsin Avenue, 1100 West Bethesda, MD 20814.
PEB: 43.07 (+0.47)
Pebblebrook Hotel Trust Announces Pricing of Public Offering of 3,200,000 Common Shares
Business Wire - Tue Oct 28, 7:50AM CDT
Pebblebrook Hotel Trust (the "Company"
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(NYSE
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EB) announced today the pricing of its public follow-on offering of 3,200,000 of its common shares of beneficial interest, $0.01 par value per share, for expected approximate net proceeds of approximately $127.1 million after the underwriting discount and estimated offering-related expenses payable by the Company. The underwriter has been granted a 30-day option to purchase up to an additional 480,000 common shares. The offering is expected to close on or about October 30, 2014, subject to customary closing conditions. Wells Fargo Securities is serving as the sole book-running manager for the offering and proposes to offer the shares from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices.
PEB: 43.07 (+0.47), WFC: 53.37 (+0.28)
Pebblebrook Hotel Trust Announces Public Offering of 3,200,000 Common Shares
Business Wire - Mon Oct 27, 3:08PM CDT
Pebblebrook Hotel Trust (the "Company"
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(NYSE: PEB) announced today that it intends to issue 3,200,000 of its common shares of beneficial interest, $0.01 par value per share, in an underwritten public offering. The underwriter may offer the shares from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. The underwriter has been granted a 30-day option to purchase up to an additional 480,000 common shares. The offering is expected to close on October 30, 2014, subject to customary closing conditions.
PEB: 43.07 (+0.47)
Pebblebrook Hotel reports 3Q results
Automated Insights - Thu Oct 23, 6:28PM CDT
BETHESDA, Md. (AP) _ Pebblebrook Hotel Trust (PEB) on Thursday reported a key measure of profitability in its third quarter. The results beat Wall Street expectations.
PEB: 43.07 (+0.47)
Pebblebrook Hotel Trust Earnings: Strong Travel Trends Yield High-End Results
Matt DiLallo, The Motley Fool - Motley Fool - Thu Oct 23, 5:28PM CDT
Pebblebrook Hotel Trust announced third-quarter earnings right after the closing bell today. The upscale hotel owner reported results that exceeded its own expectations, and even outperformed the hotel industry's strong growth in the quarter. Let's...
PEB: 43.07 (+0.47)
Pebblebrook Hotel Trust Reports Third Quarter 2014 Results
Business Wire - Thu Oct 23, 3:02PM CDT
Pebblebrook Hotel Trust (NYSE: PEB) (the "Company"
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today reported results for the third quarter ended September 30, 2014. The Company's results include the following:
PEB: 43.07 (+0.47)
Pebblebrook Hotel Trust amends and restates credit facility worth USD600m
M2 - Mon Oct 20, 6:28AM CDT
Real estate investment trust Pebblebrook Hotel Trust (NYSE
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EB) declared on Friday that it has amended and restated its senior unsecured revolving credit facility of USD600m.
PEB: 43.07 (+0.47)
Pebblebrook Hotel Trust Completes $600 Million Credit Facility
Business Wire - Fri Oct 17, 7:01AM CDT
Pebblebrook Hotel Trust (NYSE: PEB) (the "Company"
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today announced that it has successfully amended and restated its senior unsecured revolving credit facility. The amended credit facility has been increased to $600 million and is composed of a $300 million unsecured revolving credit facility, an extension of the Company's existing $100 million unsecured term loan, and a 180-day option to draw down an additional $200 million in unsecured term loan proceeds. The pricing on the amended credit facility has been significantly reduced, the revolving credit facility now matures in January 2019 with options to extend the maturity date to January 2020, and the term loan now matures in January 2020.
PEB: 43.07 (+0.47)
Pebblebrook Hotel Trust Announces Closing of Public Offering of 1,000,000 Additional 6.50% Series C Cumulative Redeemable Preferred Shares
Business Wire - Tue Sep 30, 3:02PM CDT
Pebblebrook Hotel Trust (NYSE
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EB) (the "Company"
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today announced it has sold 1,000,000 shares of its 6.50% Series C Cumulative Redeemable Preferred Shares ("Series C Preferred Shares"
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at a public offering price of $25.00 per share. The 1,000,000 shares are an additional issuance of, will form a single series with, and will have the same terms (except the original issue date and initial distribution date) as the Series C Preferred Shares initially issued by the Company in an underwritten public offering in March 2013. Giving effect to this sale, there are currently 5,000,000 Series C Preferred Shares outstanding.
PEB: 43.07 (+0.47)
Pebblebrook Hotel Trust Announces Third Quarter Earnings Call to Be Held on October 24, 2014
Business Wire - Tue Sep 30, 7:01AM CDT
Pebblebrook Hotel Trust (NYSE
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EB) (the "Company"
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today announced that it will report financial results for the third quarter 2014 on Thursday, October 23, 2014, after the market closes. The Company will conduct its quarterly conference call on Friday, October 24, 2014, at 9:00 AM EDT.
PEB: 43.07 (+0.47)
Tomorrow's Ex-Dividends To Watch: IRT, PEB, BMR
at The Street - Thu Sep 25, 9:05AM CDT
IRT PEB BMR are going ex-dividend tomorrow, Friday, September 26, 2014
BMR: 21.60 (-0.12), IRT: 9.56 (-0.27), PEB: 43.07 (+0.47)
The ONE Group Signs Hospitality Services Agreement for W Los Angeles
Business Wire - Tue Sep 23, 7:01AM CDT
The ONE Group Hospitality, Inc. ("The ONE Group"
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(OTCQB:STKS) today announced that it signed a hospitality services agreement with Pebblebrook Hotel Trust to provide food and beverage services at W Los Angeles - Westwood in Los Angeles, California, beginning in the fourth quarter of 2014. In addition to providing pool side restaurant and hospitality services at the hotel, the Company will open an STK restaurant in 2015.
PEB: 43.07 (+0.47)
Pebblebrook Hotel Trust Declares Dividends for the Third Quarter 2014
Business Wire - Mon Sep 15, 6:30AM CDT
Pebblebrook Hotel Trust (NYSE: PEB) (the "Company"
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today announced that its Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.23 per common share of beneficial interest, to be paid on October 15, 2014 to shareholders of record as of September 30, 2014 (the "Record Date"
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. The common dividend represents an annualized yield of approximately 2.5% based on the closing price of the common shares on September 12, 2014.
PEB: 43.07 (+0.47)
Pebblebrook Hotel Trust closes USD131.0m offering after underwriters exercise option for additional shares
M2 - Wed Sep 10, 4:56AM CDT
Real estate investment trust Pebblebrook Hotel Trust (NYSE
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EB) said on Wednesday that it closed its public follow-on offering of 3,450,000 common shares combined with 450,000 common shares issued under the full exercise of the underwriter's option to buy additional shares.
PEB: 43.07 (+0.47)
Gladstone Buys Indianapolis Property for $10.5M, Shares Up - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Sep 08, 11:00AM CDT
Gladstone Commercial (GOOD) shares witnessed a marginal rise following the company's announcement of the acquisition of an 86,495 square foot, five-story multi-tenant office building in Indianapolis, on Thursday.
GOV: 22.81 (-0.01), SOHO: 7.82 (-0.03), GOOD: 18.17 (+0.07), PEB: 43.07 (+0.47)
American Tower to Gain from 4GLTE Rollout, Tower Buys - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Sep 05, 12:30PM CDT
On Sep 5, 2014, we issued an updated research report on American Tower Corp. (AMT).
GOV: 22.81 (-0.01), SOHO: 7.82 (-0.03), AMT: 96.86 (-0.64), PEB: 43.07 (+0.47)
Aimco (AIV) Stock Hits 52-Week High: Right Time to Buy It? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 04, 10:30AM CDT
Shares of Apartment Investment and Management Company (AIV), better known as Aimco, scaled a new 52-week high of $34.77 on Sep 3.
PEB: 43.07 (+0.47), AIV: 36.42 (+0.63), RLJ: 32.43 (+0.21), DRH: 14.39 (+0.04)