Insider Buying: Service Properties Trust (NASDAQ:SVC) CEO Buys 100,000 Shares of Stock

Service Properties Trust (NASDAQ:SVC) CEO Christopher Bilotto acquired 100,000 shares of the company’s stock in a transaction dated Thursday, April 2nd. The shares were bought at an average cost of $1.20 per share, with a total value of $120,000.00. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

Service Properties Trust Trading Up 2.1%

Shares of SVC stock traded up $0.03 during trading hours on Thursday, hitting $1.21. 23,374,139 shares of the company were exchanged, compared to its average volume of 2,922,002. The firm has a fifty day moving average of $2.06 and a 200 day moving average of $2.10. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 5.00. Service Properties Trust has a 1 year low of $1.13 and a 1 year high of $3.08. The firm has a market cap of $202.51 million, a PE ratio of -1.00 and a beta of 1.60.

Service Properties Trust (NASDAQ:SVC) last issued its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.17 EPS for the quarter, topping the consensus estimate of $0.01 by $0.16. The firm had revenue of $397.45 million during the quarter, compared to analyst estimates of $394.32 million. Service Properties Trust had a negative net margin of 11.15% and a negative return on equity of 29.70%. Service Properties Trust has set its FY 2026 guidance at 0.650-0.770 EPS.

Service Properties Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Monday, January 26th were issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Monday, January 26th. Service Properties Trust’s dividend payout ratio is presently -3.31%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. HighRoad Wealth Advisors LLC purchased a new position in Service Properties Trust in the fourth quarter valued at about $29,000. Abel Hall LLC acquired a new position in shares of Service Properties Trust in the 4th quarter valued at approximately $32,000. Caxton Associates LLP acquired a new position in shares of Service Properties Trust in the 3rd quarter valued at approximately $33,000. BNP Paribas Financial Markets boosted its stake in shares of Service Properties Trust by 54.4% during 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 buying an additional 5,099 shares during the last quarter. Finally, Savant Capital LLC purchased a new position in shares of Service Properties Trust during the 3rd quarter valued at approximately $37,000. 77.62% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

SVC has been the subject of a number of research reports. Wall Street Zen raised Service Properties Trust from a “sell” rating to a “hold” rating in a research report on Saturday, March 28th. Zacks Research lowered Service Properties Trust from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. B. Riley Financial upgraded Service Properties Trust from a “neutral” rating to a “buy” rating and set a $2.00 target price for the company in a report on Thursday. Weiss Ratings restated a “sell (d-)” rating on shares of Service Properties Trust in a report on Thursday, January 22nd. 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 research report on Thursday, January 22nd. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Service Properties Trust has a consensus rating of “Hold” and an average price target of $2.00.

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.