LSV Asset Management Sells 402,583 Shares of Service Properties Trust $SVC

LSV Asset Management decreased its position in shares of Service Properties Trust (NASDAQ:SVC) by 15.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,174,974 shares of the real estate investment trust’s stock after selling 402,583 shares during the period. LSV Asset Management’s holdings in Service Properties Trust were worth $4,002,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Pictet Asset Management Holding SA bought a new position in Service Properties Trust during the 4th quarter worth $1,771,000. Allianz Asset Management GmbH increased its position in Service Properties Trust by 16.5% during the 3rd quarter. Allianz Asset Management GmbH now owns 2,965,472 shares of the real estate investment trust’s stock worth $8,036,000 after buying an additional 420,785 shares during the period. Indivisible Partners bought a new position in Service Properties Trust during the 4th quarter worth $340,000. Capital Management Corp VA increased its position in Service Properties Trust by 1.8% during the 4th quarter. Capital Management Corp VA now owns 7,089,800 shares of the real estate investment trust’s stock worth $13,045,000 after buying an additional 125,395 shares during the period. Finally, CM Management LLC increased its position in 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 worth $736,000 after buying an additional 100,000 shares during the period. Institutional investors own 77.62% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Zacks Research cut Service Properties Trust from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Weiss Ratings reissued a “sell (d-)” rating on shares of Service Properties Trust in a report on Tuesday, April 21st. Wall Street Zen lowered Service Properties Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. B. Riley Financial raised Service Properties Trust from a “neutral” rating to a “buy” rating and set a $2.00 target price on the stock in a report on Thursday, April 2nd. Finally, Odeon Capital Group started coverage on Service Properties Trust in a report on Friday, May 8th. They set a “buy” rating and a $3.50 target price on the stock. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $2.50.

Service Properties Trust Stock Performance

SVC opened at $1.73 on Wednesday. The firm has a market cap of $1.12 billion, a P/E ratio of -1.22 and a beta of 1.61. Service Properties Trust has a 52-week low of $1.13 and a 52-week high of $3.08. 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 business’s fifty day moving average is $1.59 and its 200-day moving average is $1.84.

Service Properties Trust (NASDAQ:SVC) last released its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.36) by $0.40. The company had revenue of $364.45 million for the quarter, compared to analyst estimates of $347.82 million. Service Properties Trust had a negative return on equity of 38.18% and a negative net margin of 13.59%.Service Properties Trust has set its FY 2026 guidance at 0.240-0.270 EPS. Sell-side analysts expect that Service Properties Trust will post 0.25 EPS for the current fiscal year.

Service Properties Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Tuesday, April 21st were paid a $0.01 dividend. The ex-dividend date of this dividend was Tuesday, April 21st. This represents a $0.04 annualized dividend and a yield of 2.3%. Service Properties Trust’s dividend payout ratio (DPR) is -2.82%.

Insiders Place Their Bets

In other Service Properties Trust news, CEO Christopher J. Bilotto acquired 100,000 shares of Service Properties Trust stock in a transaction that occurred on Thursday, April 2nd. The shares were acquired at an average cost of $1.20 per share, with a total value of $120,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Laurie B. Burns sold 87,680 shares of the firm’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $2.32, for a total value of $203,417.60. Additional details regarding this sale are available in the official SEC disclosure. Insiders acquired a total of 41,914,999 shares of company stock valued at $50,297,999 over the last ninety days. 1.57% of the stock is owned by insiders.

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.