Service Properties Trust $SVC Shares Sold by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL lessened its holdings in Service Properties Trust (NASDAQ:SVC) by 66.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 200,452 shares of the real estate investment trust’s stock after selling 394,909 shares during the quarter. Tudor Investment Corp ET AL owned 0.12% of Service Properties Trust worth $543,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the business. Allianz Asset Management GmbH raised its position in Service Properties Trust by 16.5% in the third quarter. Allianz Asset Management GmbH now owns 2,965,472 shares of the real estate investment trust’s stock worth $8,036,000 after acquiring an additional 420,785 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of Service Properties Trust during the 3rd quarter worth $63,000. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Service Properties Trust by 8.6% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 179,103 shares of the real estate investment trust’s stock worth $485,000 after purchasing an additional 14,133 shares during the period. Inspire Investing LLC acquired a new position in shares of Service Properties Trust during the 3rd quarter worth $461,000. Finally, Quadrature Capital Ltd increased its holdings in shares of Service Properties Trust by 45.3% in the 2nd quarter. Quadrature Capital Ltd now owns 17,911 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 5,588 shares in the last quarter. 77.62% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented 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 dropped their target price on shares of Service Properties Trust from $2.50 to $2.00 and set an “equal weight” rating for the company in a report on Thursday, January 22nd. Wall Street Zen raised Service Properties Trust from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Service Properties Trust in a research note on Thursday, January 22nd. Three investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $2.50.

Insider Buying and Selling

In other Service Properties Trust news, Director Laurie B. Burns sold 87,680 shares of the firm’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $2.32, for a total transaction of $203,417.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.57% of the company’s stock.

Service Properties Trust Price Performance

Service Properties Trust stock opened at $1.36 on Wednesday. The firm has a market capitalization of $227.72 million, a PE ratio of -1.12 and a beta of 1.40. Service Properties Trust has a 52 week low of $1.13 and a 52 week high of $3.08. The firm’s 50-day simple moving average is $2.08 and its 200 day simple moving average is $2.10. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 5.00.

Service Properties Trust (NASDAQ:SVC) last posted its earnings results on Wednesday, February 25th. The real estate investment trust reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.16. Service Properties Trust had a negative net margin of 11.15% and a negative return on equity of 29.70%. The firm had revenue of $397.45 million during the quarter, compared to the consensus estimate of $394.32 million. Service Properties Trust has set its FY 2026 guidance at 0.650-0.770 EPS.

Service Properties Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Monday, January 26th were issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Monday, January 26th. Service Properties Trust’s dividend 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.