Service Properties Trust (NASDAQ:SVC) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Service Properties Trust (NASDAQ:SVC) from a sell rating to a hold rating in a report issued on Saturday.

A number of other brokerages have also recently issued reports on SVC. Weiss Ratings reiterated a “sell (d-)” rating on shares of Service Properties Trust in a report on Thursday, January 22nd. Zacks Research downgraded 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 cut 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 research note on Thursday, January 22nd. Three equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $2.50.

Service Properties Trust Stock Up 0.6%

Shares of NASDAQ SVC opened at $1.79 on Friday. The stock has a market capitalization of $300.83 million, a PE ratio of -1.48 and a beta of 1.40. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 5.00. The firm has a fifty day moving average of $2.10 and a 200-day moving average of $2.11. Service Properties Trust has a 52-week low of $1.55 and a 52-week high of $3.08.

Service Properties Trust (NASDAQ:SVC) last issued its earnings results 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 return on equity of 29.70% and a negative net margin of 11.15%.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 Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Monday, January 26th. Service Properties Trust’s dividend payout ratio is currently -3.31%.

Insider Transactions at Service Properties Trust

In other Service Properties Trust news, Director Laurie B. Burns sold 87,680 shares of the stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $2.32, for a total value of $203,417.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.57% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in SVC. Allianz Asset Management GmbH grew its holdings 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 valued at $8,036,000 after purchasing an additional 420,785 shares in the last quarter. Jefferies Financial Group Inc. acquired a new position in Service Properties Trust in the 2nd quarter worth $104,000. SG Americas Securities LLC boosted its position in Service Properties Trust by 80.8% in the 4th quarter. SG Americas Securities LLC now owns 41,759 shares of the real estate investment trust’s stock valued at $77,000 after buying an additional 18,667 shares during the last quarter. Harbor Capital Advisors Inc. purchased a new position in Service Properties Trust in the 4th quarter valued at about $45,000. Finally, JPMorgan Chase & Co. boosted its position in Service Properties Trust by 28.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,229,153 shares of the real estate investment trust’s stock valued at $3,331,000 after buying an additional 273,896 shares during the last quarter. 77.62% of the stock is currently owned by hedge funds and other 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.