Service Properties Trust (NASDAQ:SVC) Rating Increased to Buy at B. Riley Financial

Service Properties Trust (NASDAQ:SVC) was upgraded by analysts at B. Riley Financial from a “neutral” rating to a “buy” rating in a research report issued on Thursday,Finviz reports. The brokerage presently has a $2.00 price target on the real estate investment trust’s stock. B. Riley Financial’s target price points to a potential upside of 69.49% from the stock’s current price.

SVC has been the topic of several other reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Service Properties Trust in a research report on Thursday, January 22nd. Wall Street Zen raised shares of Service Properties Trust from a “sell” rating to a “hold” rating in a research report on Saturday, March 28th. Wells Fargo & Company cut their price target on shares of 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, Zacks Research downgraded Service Properties Trust from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Service Properties Trust has a consensus rating of “Hold” and an average target price of $2.00.

Service Properties Trust Stock Performance

SVC opened at $1.18 on Thursday. The stock’s 50 day simple moving average is $2.06 and its 200-day simple moving average is $2.10. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 5.00. The stock has a market cap of $198.31 million, a PE ratio of -0.98 and a beta of 1.60. Service Properties Trust has a 1 year low of $1.13 and a 1 year high of $3.08.

Service Properties Trust (NASDAQ:SVC) last issued its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.17 EPS for the quarter, topping 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 firm 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

In related news, Director Laurie B. Burns sold 87,680 shares of Service Properties Trust stock in a transaction dated 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 can be accessed through this link. 1.43% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Service Properties Trust

A number of hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets increased its position in Service Properties Trust by 54.4% in 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 acquiring an additional 5,099 shares in the last quarter. Quadrature Capital Ltd lifted its position in shares of Service Properties Trust by 45.3% during 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 in the last quarter. Metis Global Partners LLC grew its stake in shares of Service Properties Trust by 26.7% during the third quarter. Metis Global Partners LLC now owns 34,798 shares of the real estate investment trust’s stock valued at $94,000 after purchasing an additional 7,332 shares during the last quarter. Cerity Partners LLC grew its stake 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 purchasing an additional 8,554 shares during the last quarter. Finally, Jain Global LLC increased its holdings in shares of Service Properties Trust by 37.8% in the fourth quarter. Jain Global LLC now owns 34,638 shares of the real estate investment trust’s stock valued at $64,000 after purchasing an additional 9,500 shares in the last quarter. 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.