Service Properties Trust (NASDAQ:SVC) CFO Buys $66,000.00 in Stock

Service Properties Trust (NASDAQ:SVC) CFO Brian Donley acquired 55,000 shares of the firm’s stock in a transaction on Thursday, April 2nd. The stock was purchased at an average price of $1.20 per share, with a total value of $66,000.00. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Service Properties Trust Stock Performance

Shares of Service Properties Trust stock traded up $0.03 during mid-day trading on Thursday, hitting $1.21. 23,374,139 shares of the stock were exchanged, compared to its average volume of 2,922,002. Service Properties Trust has a 12 month low of $1.13 and a 12 month high of $3.08. The company has a 50-day simple moving average of $2.06 and a 200 day simple moving average of $2.10. The company has a market capitalization of $202.51 million, a P/E ratio of -1.00 and a beta of 1.60. The company has a debt-to-equity ratio of 5.00, a quick ratio of 0.14 and a current ratio of 0.14.

Service Properties Trust (NASDAQ:SVC) last released its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.16. The company had revenue of $397.45 million during the quarter, compared to analyst estimates 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 firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Monday, January 26th were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date was Monday, January 26th. Service Properties Trust’s dividend payout ratio is -3.31%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Zacks Research downgraded shares of Service Properties Trust from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Wells Fargo & Company lowered their price objective on shares of Service Properties Trust from $2.50 to $2.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 22nd. Wall Street Zen upgraded shares of Service Properties Trust from a “sell” rating to a “hold” rating in a research note on Saturday, March 28th. B. Riley Financial upgraded shares of Service Properties Trust from a “neutral” rating to a “buy” rating and set a $2.00 price target for the company in a research note on Thursday. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Service Properties Trust in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $2.00.

Institutional Trading of Service Properties Trust

Institutional investors have recently added to or reduced their stakes in the stock. HighRoad Wealth Advisors LLC bought a new stake in shares of Service Properties Trust during the fourth quarter valued at about $29,000. Abel Hall LLC bought a new position in shares of Service Properties Trust in the fourth quarter valued at approximately $32,000. Caxton Associates LLP purchased a new position in Service Properties Trust during the third quarter valued at approximately $33,000. BNP Paribas Financial Markets increased 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 worth $35,000 after acquiring an additional 5,099 shares during the period. Finally, Savant Capital LLC purchased a new stake in Service Properties Trust in the 3rd quarter worth approximately $37,000. Hedge funds and other 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.