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

Service Properties Trust (NASDAQ:SVCGet Free Report) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

Other equities research analysts also recently issued research reports about the company. Zacks Research downgraded Service Properties Trust from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Wells Fargo & Company lowered their target price on Service Properties Trust from $2.50 to $2.00 and set an “equal weight” rating for the company in a report on Thursday, January 22nd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Service Properties Trust in a research note on Thursday, January 22nd. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $2.50.

View Our Latest Stock Report on Service Properties Trust

Service Properties Trust Price Performance

Shares of NASDAQ:SVC opened at $1.78 on Friday. Service Properties Trust has a one year low of $1.55 and a one year high of $3.08. The company has a debt-to-equity ratio of 5.00, a current ratio of 0.14 and a quick ratio of 0.14. The company has a market cap of $299.15 million, a price-to-earnings ratio of -1.47 and a beta of 1.40. The firm has a 50 day simple moving average of $2.10 and a 200 day simple moving average of $2.13.

Service Properties Trust (NASDAQ:SVCGet Free Report) last posted its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.16. The firm had revenue of $397.45 million for the quarter, compared to analysts’ expectations of $394.32 million. Service Properties Trust had a negative net margin of 11.15% and a negative return on equity of 29.70%. Service Properties Trust has set its FY 2026 guidance at 0.650-0.770 EPS.

Insider Activity at Service Properties Trust

In other news, Director Laurie B. Burns sold 87,680 shares of Service Properties Trust stock in a transaction on Friday, February 27th. The shares were sold at an average price of $2.32, for a total transaction of $203,417.60. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 1.43% of the company’s stock.

Institutional Trading of Service Properties Trust

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC lifted its holdings in Service Properties Trust by 30.8% during the 1st quarter. AQR Capital Management LLC now owns 1,346,098 shares of the real estate investment trust’s stock worth $3,446,000 after buying an additional 317,218 shares during the period. Goldman Sachs Group Inc. grew its position in shares of Service Properties Trust by 114.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,118,530 shares of the real estate investment trust’s stock valued at $10,749,000 after buying an additional 2,200,754 shares during the last quarter. Strs Ohio acquired a new stake in shares of Service Properties Trust in the first quarter valued at about $77,000. Cetera Investment Advisers raised its position in shares of Service Properties Trust by 54.5% during the second quarter. Cetera Investment Advisers now owns 104,585 shares of the real estate investment trust’s stock worth $250,000 after acquiring an additional 36,873 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Service Properties Trust by 15.1% during the second quarter. JPMorgan Chase & Co. now owns 955,257 shares of the real estate investment trust’s stock worth $2,283,000 after acquiring an additional 125,256 shares during the last quarter. 77.62% of the stock is currently owned by institutional investors and hedge funds.

Service Properties Trust Company Profile

(Get Free Report)

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.

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