Service Properties Trust (NASDAQ:SVC – Get Free Report) Director Laurie Burns sold 87,680 shares of the company’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $2.32, for a total transaction of $203,417.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Service Properties Trust Stock Down 3.0%
Shares of SVC stock opened at $2.30 on Friday. The company has a debt-to-equity ratio of 5.68, a current ratio of 0.17 and a quick ratio of 0.17. Service Properties Trust has a one year low of $1.55 and a one year high of $3.08. The company’s fifty day moving average price is $2.06 and its 200-day moving average price is $2.22. The company has a market capitalization of $386.54 million, a price-to-earnings ratio of -1.90 and a beta of 1.46.
Service Properties Trust (NASDAQ:SVC – Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.16. The business had revenue of $397.45 million during the quarter, compared to analyst estimates of $394.32 million. Service Properties Trust had a negative return on equity of 29.20% and a negative net margin of 11.15%.Service Properties Trust has set its FY 2026 guidance at 0.650-0.770 EPS.
Service Properties Trust Dividend Announcement
Institutional Investors Weigh In On Service Properties Trust
Several large investors have recently bought and sold shares of the business. HighRoad Wealth Advisors LLC purchased a new stake in Service Properties Trust during the fourth quarter valued at $29,000. Abel Hall LLC purchased a new stake in shares of Service Properties Trust during the 4th quarter valued at about $32,000. Caxton Associates LLP bought a new position in shares of Service Properties Trust in the 3rd quarter valued at about $33,000. BNP Paribas Financial Markets lifted its holdings in shares of Service Properties Trust by 54.4% in the 2nd quarter. BNP Paribas Financial Markets now owns 14,470 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 5,099 shares during the last quarter. Finally, Savant Capital LLC purchased a new position in Service Properties Trust in the third quarter worth about $37,000. Institutional investors own 77.62% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on SVC shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Service Properties Trust in a report on Thursday, January 22nd. Zacks Research cut shares of Service Properties Trust from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. Finally, Wells Fargo & Company reduced their price target on shares of Service Properties Trust from $2.50 to $2.00 and set an “equal weight” rating on the stock in a report on Thursday, January 22nd. Three investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $2.50.
About Service Properties Trust
Service Properties Trust (NASDAQ: SVC) is a real estate investment trust (REIT) specializing in the acquisition, ownership and leasing of service-oriented properties, with a primary focus on the lodging sector. The company structures long-term, triple-net leases with established hotel operators under franchise agreements with leading global brands. By partnering with recognized hotel companies, Service Properties Trust seeks to generate a stable income stream through rent payments, while offering operators the capital and balance-sheet flexibility to grow their portfolios.
Since its formation in 2010, Service Properties Trust has grown its portfolio through strategic sale-leaseback transactions, targeted property acquisitions and selective dispositions.
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