Service Properties Trust (NASDAQ:SVC) Short Interest Update

Service Properties Trust (NASDAQ:SVC) was the recipient of a significant growth in short interest in February. As of February 13th, there was short interest totaling 6,212,303 shares, a growth of 19.1% from the January 29th total of 5,215,336 shares. Based on an average daily trading volume, of 1,845,805 shares, the days-to-cover ratio is presently 3.4 days. Approximately 3.7% of the shares of the stock are sold short. Approximately 3.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,845,805 shares, the days-to-cover ratio is presently 3.4 days.

Insider Buying and Selling at Service Properties Trust

In related news, Director Laurie B. Burns sold 87,680 shares of the firm’s 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.43% of the company’s stock.

Institutional Investors Weigh In On Service Properties Trust

Several institutional investors have recently made changes to their positions in the company. BNP Paribas Financial Markets grew its holdings in Service Properties Trust by 54.4% during 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 purchasing an additional 5,099 shares during the last quarter. Quadrature Capital Ltd lifted its stake in Service Properties Trust by 45.3% in the second quarter. Quadrature Capital Ltd now owns 17,911 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 5,588 shares during the last quarter. Metis Global Partners LLC lifted its stake in Service Properties Trust by 30.0% in the second quarter. Metis Global Partners LLC now owns 27,466 shares of the real estate investment trust’s stock worth $66,000 after purchasing an additional 6,343 shares during the last quarter. Cerity Partners LLC boosted its position in shares of Service Properties Trust by 40.2% during the second 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 period. Finally, Jain Global LLC grew its stake in shares of Service Properties Trust by 37.8% during the fourth quarter. Jain Global LLC now owns 34,638 shares of the real estate investment trust’s stock valued at $64,000 after buying an additional 9,500 shares during the last quarter. Institutional investors own 77.62% of the company’s stock.

Analysts Set New Price Targets

SVC has been the subject of a number of research analyst reports. Zacks Research lowered Service Properties Trust from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Weiss Ratings restated a “sell (d-)” rating on shares of Service Properties Trust in a report on Thursday, January 22nd. Finally, Wells Fargo & Company reduced their price objective on 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 analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Service Properties Trust currently has a consensus rating of “Reduce” and a consensus price target of $2.50.

Service Properties Trust Trading Up 3.1%

SVC opened at $2.33 on Thursday. The stock has a 50-day moving average of $2.09 and a 200 day moving average of $2.21. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 5.00. Service Properties Trust has a 12 month low of $1.55 and a 12 month high of $3.08. The firm has a market cap of $391.58 million, a P/E ratio of -1.93 and a beta of 1.40.

Service Properties Trust (NASDAQ:SVC) last announced its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.16. The firm had revenue of $397.45 million during the quarter, compared to analysts’ expectations of $394.32 million. Service Properties Trust had a negative return on equity of 29.70% and a negative net margin of 11.15%.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. Shareholders of record on Monday, January 26th were given a dividend of $0.01 per share. The ex-dividend date was Monday, January 26th. This represents a $0.04 dividend on an annualized basis and a yield of 1.7%. Service Properties Trust’s payout ratio is -3.31%.

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.