Service Properties Trust (NASDAQ:SVC) Director Sells $203,417.60 in Stock

Service Properties Trust (NASDAQ:SVC) Director Laurie Burns sold 87,680 shares of the company’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $2.32, for a total value of $203,417.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Service Properties Trust Stock Performance

Shares of SVC stock opened at $2.30 on Monday. The stock has a market cap of $386.54 million, a PE ratio of -1.90 and a beta of 1.40. The stock has a 50-day moving average of $2.06 and a 200-day moving average of $2.21. 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 one year low of $1.55 and a one year high of $3.08.

Service Properties Trust (NASDAQ:SVC) last released its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.16. Service Properties Trust had a negative net margin of 11.15% and a negative return on equity of 29.70%. The business had revenue of $397.45 million for 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 19th. Investors of record on Monday, January 26th were given a $0.01 dividend. The ex-dividend date was Monday, January 26th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.7%. Service Properties Trust’s dividend payout ratio is currently -3.31%.

Institutional Trading of Service Properties Trust

Hedge funds and other institutional investors have recently modified their holdings of the stock. Los Angeles Capital Management LLC boosted its position in Service Properties Trust by 247.9% during the second quarter. Los Angeles Capital Management LLC now owns 625,705 shares of the real estate investment trust’s stock valued at $1,495,000 after purchasing an additional 445,866 shares during the last quarter. Allianz Asset Management GmbH boosted its holdings in shares of Service Properties Trust by 16.5% in the 3rd quarter. Allianz Asset Management GmbH now owns 2,965,472 shares of the real estate investment trust’s stock valued at $8,036,000 after buying an additional 420,785 shares during the last quarter. Jefferies Financial Group Inc. acquired a new stake in shares of Service Properties Trust in the 2nd quarter valued at approximately $104,000. Goldman Sachs Group Inc. grew its stake in shares of Service Properties Trust by 8.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 6,810,031 shares of the real estate investment trust’s stock valued at $12,530,000 after buying an additional 553,942 shares in the last quarter. Finally, Caxton Associates LLP acquired a new position in Service Properties Trust during the third quarter worth $33,000. Institutional investors and hedge funds own 77.62% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Wells Fargo & Company dropped their target price 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. Weiss Ratings restated a “sell (d-)” rating on shares of Service Properties Trust in a report on Thursday, January 22nd. Finally, Zacks Research cut shares of Service Properties Trust from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Three equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Service Properties Trust currently has a consensus rating of “Reduce” and a consensus target price of $2.50.

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.