Service Properties Trust (NASDAQ:SVC – Get Free Report) was upgraded by analysts at B. Riley Financial from a “neutral” rating to a “buy” rating in a report released on Thursday,Finviz reports. The brokerage presently has a $2.00 target price on the real estate investment trust’s stock. B. Riley Financial’s price objective indicates a potential upside of 69.49% from the company’s current price.
A number of other research firms also recently weighed in on SVC. Weiss Ratings restated a “sell (d-)” rating on shares of Service Properties Trust in a report on Thursday, January 22nd. Zacks Research lowered Service Properties Trust from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Wells Fargo & Company decreased their price target on Service Properties Trust from $2.50 to $2.00 and set an “equal weight” rating for the company in a research note on Thursday, January 22nd. Finally, Wall Street Zen upgraded Service Properties Trust from a “sell” rating to a “hold” rating in a report on Saturday, March 28th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $2.00.
Read Our Latest Stock Analysis on Service Properties Trust
Service Properties Trust Stock Down 12.9%
Service Properties Trust (NASDAQ:SVC – Get Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.17 EPS for the quarter, beating the consensus estimate of $0.01 by $0.16. Service Properties Trust had a negative return on equity of 29.70% and a negative net margin of 11.15%.The business had revenue of $397.45 million during the quarter, compared to analysts’ expectations of $394.32 million. 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 the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $2.32, for a total value of $203,417.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.43% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Service Properties Trust
A number of institutional investors and hedge funds have recently bought and sold shares of SVC. HighRoad Wealth Advisors LLC acquired a new position in Service Properties Trust during the 4th quarter valued at $29,000. Abel Hall LLC bought a new position in shares of Service Properties Trust during the 4th quarter worth about $32,000. Caxton Associates LLP bought a new position in shares of Service Properties Trust during the 3rd quarter worth about $33,000. BNP Paribas Financial Markets raised its position in shares of Service Properties Trust by 54.4% during the second 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. Finally, Savant Capital LLC acquired a new position in shares of Service Properties Trust during the third quarter valued at about $37,000. 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.
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