Service Properties Trust (NASDAQ:SVC) Director Acquires $12,000.00 in Stock

Service Properties Trust (NASDAQ:SVC) Director Rajan Penkar purchased 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 2nd. The shares were bought at an average price of $1.20 per share, with a total value of $12,000.00. Following the acquisition, the director directly owned 10,000 shares of the company’s stock, valued at $12,000. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Service Properties Trust Stock Performance

NASDAQ:SVC opened at $1.27 on Monday. Service Properties Trust has a 52 week low of $1.13 and a 52 week high of $3.08. The firm has a 50-day moving average price of $2.03 and a two-hundred day moving average price of $2.07. The company has a debt-to-equity ratio of 5.00, a quick ratio of 0.14 and a current ratio of 0.14. The firm has a market cap of $213.44 million, a price-to-earnings ratio of -1.05 and a beta of 1.60.

Service Properties Trust (NASDAQ:SVC) last released its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.17 EPS for the quarter, topping 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 company had revenue of $397.45 million for the quarter, compared to analysts’ expectations of $394.32 million. Service Properties Trust has set its FY 2026 guidance at 0.650-0.770 EPS.

Service Properties Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 19th. Investors of record on Monday, January 26th were issued a dividend of $0.01 per share. The ex-dividend date of this dividend was Monday, January 26th. This represents a $0.04 dividend on an annualized basis and a yield of 3.1%. Service Properties Trust’s dividend payout ratio is -3.31%.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Wells Fargo & Company lowered their price target on 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. Wall Street Zen raised shares of Service Properties Trust from a “sell” rating to a “hold” rating in a research note on Saturday, March 28th. B. Riley Financial upgraded shares of Service Properties Trust from a “neutral” rating to a “buy” rating and set a $2.00 target price for the company in a research report on Thursday. 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, Weiss Ratings reissued a “sell (d-)” rating on shares of Service Properties Trust in a report on Thursday, January 22nd. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $2.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. BNP Paribas Financial Markets grew its holdings in 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 worth $35,000 after acquiring an additional 5,099 shares during the last quarter. Metis Global Partners LLC raised its stake in shares of Service Properties Trust by 26.7% during the third quarter. Metis Global Partners LLC now owns 34,798 shares of the real estate investment trust’s stock valued at $94,000 after acquiring an additional 7,332 shares during the last quarter. Cerity Partners LLC raised its stake in shares of Service Properties Trust by 40.2% during the second quarter. Cerity Partners LLC now owns 29,838 shares of the real estate investment trust’s stock valued at $71,000 after acquiring an additional 8,554 shares during the last quarter. Jain Global LLC boosted its holdings in shares of Service Properties Trust by 37.8% during the fourth quarter. Jain Global LLC now owns 34,638 shares of the real estate investment trust’s stock worth $64,000 after purchasing an additional 9,500 shares during the period. Finally, Renaissance Technologies LLC boosted its holdings in shares of Service Properties Trust by 10.9% during the fourth quarter. Renaissance Technologies LLC now owns 122,400 shares of the real estate investment trust’s stock worth $225,000 after purchasing an additional 12,000 shares during the period. 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.