Service Properties Trust (NASDAQ:SVC) Director Buys $99,999.60 in Stock

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

Service Properties Trust Stock Up 1.6%

Service Properties Trust stock opened at $1.29 on Thursday. The firm has a market cap of $216.80 million, a price-to-earnings ratio of -1.07 and a beta of 1.60. Service Properties Trust has a 52 week low of $1.13 and a 52 week high of $3.08. The business’s 50-day moving average price is $1.99 and its 200 day moving average price is $2.04. 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 (NASDAQ:SVC) last posted its 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 for the quarter, compared to analyst estimates of $394.32 million. Service Properties Trust had a negative return on equity of 29.70% 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 disclosed 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 yield of 3.1%. The ex-dividend date of this dividend was Monday, January 26th. Service Properties Trust’s dividend payout ratio (DPR) is presently -3.31%.

Institutional Investors Weigh In On Service Properties Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Allianz Asset Management GmbH grew its stake in Service Properties Trust by 16.5% during the 3rd quarter. Allianz Asset Management GmbH now owns 2,965,472 shares of the real estate investment trust’s stock worth $8,036,000 after purchasing an additional 420,785 shares in the last quarter. State of Wyoming grew its stake in Service Properties Trust by 57.4% during the 3rd quarter. State of Wyoming now owns 47,550 shares of the real estate investment trust’s stock worth $129,000 after purchasing an additional 17,341 shares in the last quarter. SG Americas Securities LLC acquired a new position in Service Properties Trust during the 3rd quarter worth $63,000. Sumitomo Mitsui Trust Group Inc. grew its stake in Service Properties Trust by 8.6% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 179,103 shares of the real estate investment trust’s stock worth $485,000 after purchasing an additional 14,133 shares in the last quarter. Finally, Inspire Investing LLC acquired a new position in Service Properties Trust during the 3rd quarter worth $461,000. Hedge funds and other institutional investors own 77.62% of the company’s stock.

Wall Street Analysts Forecast Growth

SVC has been the topic of several research analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Service Properties Trust in a report on Thursday, January 22nd. Zacks Research lowered Service Properties Trust from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Wall Street Zen raised Service Properties Trust from a “sell” rating to a “hold” rating in a report on Saturday, March 28th. B. Riley Financial raised Service Properties Trust from a “neutral” rating to a “buy” rating and set a $2.00 price objective on the stock in a report on Thursday, April 2nd. Finally, Wells Fargo & Company dropped their price objective 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. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Service Properties Trust currently has a consensus rating of “Hold” and an average target price 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.