Service Properties Trust (NASDAQ:SVC) Downgraded by Zacks Research to “Strong Sell”

Zacks Research downgraded shares of Service Properties Trust (NASDAQ:SVC) from a hold rating to a strong sell rating in a report published on Tuesday,Zacks.com reports.

SVC has been the topic of a number of other research reports. LADENBURG THALM/SH SH assumed coverage on Service Properties Trust in a report on Tuesday, June 30th. They set a “buy” rating and a $11.25 price target on the stock. Odeon Capital Group assumed coverage on Service Properties Trust in a research note on Friday, May 8th. They issued a “buy” rating and a $17.50 price objective for the company. Wall Street Zen lowered Service Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. B. Riley Financial raised their price objective on Service Properties Trust from $10.00 to $12.50 and gave the stock a “buy” rating in a research report on Wednesday, June 17th. Finally, Weiss Ratings cut Service Properties Trust from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, May 26th. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $12.81.

Service Properties Trust Stock Down 1.6%

Shares of NASDAQ:SVC opened at $8.57 on Tuesday. The firm has a 50 day simple moving average of $8.33 and a 200 day simple moving average of $9.11. Service Properties Trust has a 52 week low of $5.65 and a 52 week high of $15.38. The company has a debt-to-equity ratio of 4.56, a quick ratio of 0.01 and a current ratio of 0.01. The company has a market cap of $1.11 billion, a PE ratio of -1.21 and a beta of 1.65.

Service Properties Trust (NASDAQ:SVC) last posted its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.20 earnings per share for the quarter, topping the consensus estimate of ($1.82) by $2.02. Service Properties Trust had a negative net margin of 13.59% and a negative return on equity of 38.18%. The firm 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 1.25 earnings per share for the current year.

Institutional Investors Weigh In On Service Properties Trust

Several large investors have recently made changes to their positions in the company. UBS Group AG raised its position in Service Properties Trust by 266.8% during the fourth quarter. UBS Group AG now owns 1,308,186 shares of the real estate investment trust’s stock valued at $2,407,000 after acquiring an additional 951,523 shares in the last quarter. Pictet Asset Management Holding SA bought a new stake in Service Properties Trust in the fourth quarter worth approximately $1,771,000. CM Management LLC raised its holdings in shares of Service Properties Trust by 33.3% during the 4th quarter. CM Management LLC now owns 400,000 shares of the real estate investment trust’s stock valued at $736,000 after purchasing an additional 100,000 shares in the last quarter. State of Alaska Department of Revenue raised its holdings in shares of Service Properties Trust by 34.8% during the 4th quarter. State of Alaska Department of Revenue now owns 100,281 shares of the real estate investment trust’s stock valued at $183,000 after purchasing an additional 25,884 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of Service Properties Trust by 80.8% during 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 purchasing an additional 18,667 shares in the last quarter. Institutional investors own 77.62% of the company’s stock.

Service Properties Trust Company 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.