Donna Fraiche Buys 83,333 Shares of Service Properties Trust (NASDAQ:SVC) Stock

Service Properties Trust (NASDAQ:SVC) Director Donna Fraiche bought 83,333 shares of the company’s stock in a transaction on Thursday, April 2nd. The stock was bought at an average price of $1.20 per share, for a total transaction of $99,999.60. Following the completion of the purchase, the director directly owned 182,013 shares in the company, valued at approximately $218,415.60. This represents a 84.45% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

Service Properties Trust Trading Up 1.2%

Shares of NASDAQ:SVC traded up $0.02 during trading on Monday, reaching $1.29. 2,218,700 shares of the company were exchanged, compared to its average volume of 3,901,873. The business’s fifty day simple moving average is $2.03 and its 200-day simple moving average is $2.07. The company has a debt-to-equity ratio of 5.00, a current ratio of 0.14 and a quick ratio of 0.14. Service Properties Trust has a 12-month low of $1.13 and a 12-month high of $3.08. The firm has a market capitalization of $215.96 million, a PE ratio of -1.06 and a beta of 1.60.

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

Service Properties Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Monday, January 26th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Monday, January 26th. Service Properties Trust’s dividend payout ratio is currently -3.31%.

Hedge Funds Weigh In On Service Properties Trust

A number of large investors have recently added to or reduced their stakes in SVC. Charles Schwab Investment Management Inc. lifted its position in shares of Service Properties Trust by 1.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,693,982 shares of the real estate investment trust’s stock valued at $15,997,000 after buying an additional 136,283 shares during the last quarter. Capital Management Corp VA grew its position in shares of Service Properties Trust by 1.8% in the 4th quarter. Capital Management Corp VA now owns 7,089,800 shares of the real estate investment trust’s stock worth $13,045,000 after buying an additional 125,395 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Service Properties Trust by 8.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 6,810,031 shares of the real estate investment trust’s stock worth $12,530,000 after buying an additional 553,942 shares during the last quarter. Susquehanna Advisors Group Inc. raised its stake in shares of Service Properties Trust by 17.4% during the 4th quarter. Susquehanna Advisors Group Inc. now owns 6,014,299 shares of the real estate investment trust’s stock worth $11,066,000 after acquiring an additional 892,880 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in Service Properties Trust by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 4,221,659 shares of the real estate investment trust’s stock valued at $7,769,000 after acquiring an additional 26,994 shares during the last quarter. 77.62% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on SVC. Wells Fargo & Company decreased their price objective on Service Properties Trust from $2.50 to $2.00 and set an “equal weight” rating for the company in a report on Thursday, January 22nd. Weiss Ratings restated a “sell (d-)” rating on shares of Service Properties Trust in a report on Thursday, January 22nd. Wall Street Zen raised shares of Service Properties Trust from a “sell” rating to a “hold” rating in a research report on Saturday, March 28th. Zacks Research lowered shares of Service Properties Trust from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Finally, B. Riley Financial raised shares of Service Properties Trust from a “neutral” rating to a “buy” rating and set a $2.00 price objective for the company in a research note on Thursday. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $2.00.

Service Properties Trust Company Profile

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.