Service Properties Trust (NASDAQ:SVC) Director Laurie Burns Sells 87,680 Shares

Service Properties Trust (NASDAQ:SVCGet 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:SVCGet 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

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Investors of record on Monday, January 26th were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Monday, January 26th. Service Properties Trust’s dividend payout ratio (DPR) is -3.31%.

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.

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About Service Properties Trust

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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.

Further Reading

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