Service Properties Trust (NASDAQ:SVC – Get Free Report) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.
SVC has been the subject of a number of other reports. B. Riley Financial boosted their price objective on Service Properties Trust from $10.00 to $12.50 and gave the company a “buy” rating in a research note on Wednesday, June 17th. Weiss Ratings downgraded shares of Service Properties Trust from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, May 26th. LADENBURG THALM/SH SH began coverage on shares of Service Properties Trust in a research report on Tuesday, June 30th. They issued a “buy” rating and a $11.25 price target for the company. Odeon Capital Group assumed coverage on shares of Service Properties Trust in a research note on Friday, May 8th. They issued a “buy” rating and a $17.50 price objective for the company. Finally, Wall Street Zen downgraded shares of Service Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $12.81.
Read Our Latest Stock Analysis on Service Properties Trust
Service Properties Trust Trading Down 1.6%
Service Properties Trust (NASDAQ:SVC – Get Free Report) last released its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.20 earnings per share for the quarter, beating the consensus estimate of ($1.82) by $2.02. Service Properties Trust had a negative return on equity of 38.18% and a negative net margin of 13.59%.The company had revenue of $364.45 million for the quarter, compared to the consensus estimate of $347.82 million. Service Properties Trust has set its FY 2026 guidance at 0.240-0.270 EPS. As a group, equities analysts predict that Service Properties Trust will post 1.25 earnings per share for the current year.
Hedge Funds Weigh In On Service Properties Trust
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Yorkville Advisors Global LP bought a new position in shares of Service Properties Trust during the 1st quarter valued at approximately $28,333,000. Lonestar Capital Management LLC bought a new stake in Service Properties Trust in the third quarter worth $7,412,000. Goldman Sachs Group Inc. raised its stake in Service Properties Trust by 114.8% during the first quarter. Goldman Sachs Group Inc. now owns 4,118,530 shares of the real estate investment trust’s stock valued at $10,749,000 after purchasing an additional 2,200,754 shares in the last quarter. Silver Point Capital L.P. raised its stake in Service Properties Trust by 93.3% during the fourth quarter. Silver Point Capital L.P. now owns 3,439,000 shares of the real estate investment trust’s stock valued at $6,328,000 after purchasing an additional 1,660,000 shares in the last quarter. Finally, Philosophy Capital Management LLC bought a new position in Service Properties Trust during the third quarter valued at $3,838,000. 77.62% of the stock is owned by institutional investors.
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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