LSV Asset Management Has $4 Million Stock Position in Service Properties Trust $SVC

LSV Asset Management trimmed its position in Service Properties Trust (NASDAQ:SVC) by 15.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,174,974 shares of the real estate investment trust’s stock after selling 402,583 shares during the quarter. LSV Asset Management owned approximately 1.29% of Service Properties Trust worth $4,002,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets boosted 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 buying an additional 5,099 shares during the last quarter. Metis Global Partners LLC boosted its holdings in shares of Service Properties Trust by 26.7% in the 3rd quarter. Metis Global Partners LLC now owns 34,798 shares of the real estate investment trust’s stock valued at $94,000 after buying an additional 7,332 shares during the last quarter. Cerity Partners LLC boosted its holdings in shares of Service Properties Trust by 40.2% in the 2nd quarter. Cerity Partners LLC now owns 29,838 shares of the real estate investment trust’s stock valued at $71,000 after buying an additional 8,554 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Service Properties Trust by 98.9% in the 3rd quarter. Russell Investments Group Ltd. now owns 24,150 shares of the real estate investment trust’s stock valued at $65,000 after buying an additional 12,006 shares during the last quarter. Finally, Caxton Associates LLP acquired a new stake in shares of Service Properties Trust in the 3rd quarter valued at approximately $33,000. 77.62% of the stock is currently owned by institutional investors and hedge funds.

Service Properties Trust Stock Up 1.2%

SVC opened at $1.73 on Wednesday. Service Properties Trust has a 1-year low of $1.13 and a 1-year high of $3.08. The stock’s fifty day simple moving average is $1.59 and its 200 day simple moving average is $1.84. The company has a current ratio of 0.01, a quick ratio of 0.01 and a debt-to-equity ratio of 4.56. The stock has a market cap of $1.12 billion, a PE ratio of -1.22 and a beta of 1.61.

Service Properties Trust (NASDAQ:SVC) last posted its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.36) by $0.40. Service Properties Trust had a negative return on equity of 38.18% and a negative net margin of 13.59%.The business had revenue of $364.45 million for the quarter, compared to analysts’ expectations of $347.82 million. Service Properties Trust has set its FY 2026 guidance at 0.240-0.270 EPS. As a group, research analysts expect that Service Properties Trust will post 0.25 earnings per share for the current year.

Service Properties Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Tuesday, April 21st were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Tuesday, April 21st. Service Properties Trust’s dividend payout ratio is -2.82%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. B. Riley Financial raised Service Properties Trust from a “neutral” rating to a “buy” rating and set a $2.00 price objective for the company in a report on Thursday, April 2nd. Weiss Ratings reissued a “sell (d-)” rating on shares of Service Properties Trust in a report on Tuesday, April 21st. Odeon Capital Group assumed coverage on Service Properties Trust in a report on Friday, May 8th. They issued a “buy” rating and a $3.50 price objective for the company. Wall Street Zen downgraded Service Properties Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Finally, Zacks Research downgraded Service Properties Trust from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $2.50.

Insiders Place Their Bets

In other Service Properties Trust news, CEO Christopher J. Bilotto purchased 100,000 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The shares were acquired at an average price of $1.20 per share, for a total transaction of $120,000.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Donna D. Fraiche acquired 83,333 shares of the stock in a transaction on Thursday, April 2nd. The shares were purchased at an average price of $1.20 per share, for a total transaction of $99,999.60. Following the transaction, the director directly owned 182,013 shares in the company, valued at approximately $218,415.60. This trade represents a 84.45% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased 41,914,999 shares of company stock worth $50,297,999 in the last quarter. Company insiders own 1.57% of the company’s stock.

Service Properties Trust Profile

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.