Yorkville Advisors Global LP Invests $28.33 Million in Service Properties Trust $SVC

Yorkville Advisors Global LP acquired a new stake in shares of Service Properties Trust (NASDAQ:SVC) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 20,833,333 shares of the real estate investment trust’s stock, valued at approximately $28,333,000. Service Properties Trust comprises 17.2% of Yorkville Advisors Global LP’s investment portfolio, making the stock its 2nd largest holding.

A number of other institutional investors have also recently made changes to their positions in the business. Caxton Associates LLP acquired a new position in Service Properties Trust during the 3rd quarter valued at about $33,000. BNP Paribas Financial Markets boosted its holdings in Service Properties Trust by 54.4% in the second 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 in the last quarter. HighRoad Wealth Advisors LLC acquired a new stake in Service Properties Trust in the fourth quarter worth about $29,000. CIBC Bancorp USA Inc. purchased a new stake in shares of Service Properties Trust during the third quarter worth about $45,000. Finally, Abel Hall LLC purchased a new stake in shares of Service Properties Trust during the fourth quarter worth about $32,000. Institutional investors and hedge funds own 77.62% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on SVC shares. Zacks Research lowered shares of Service Properties Trust from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 7th. B. Riley Financial lifted their price objective on shares of Service Properties Trust from $10.00 to $12.50 and gave the stock a “buy” rating in a research note on Wednesday, June 17th. Wall Street Zen lowered shares of Service Properties Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. LADENBURG THALM/SH SH began coverage on Service Properties Trust in a research report on Tuesday, June 30th. They issued a “buy” rating and a $11.25 target price on the stock. Finally, Odeon Capital Group started coverage on Service Properties Trust in a research note on Friday, May 8th. They issued a “buy” rating and a $17.50 target price for the company. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Service Properties Trust currently has an average rating of “Hold” and a consensus price target of $12.81.

Service Properties Trust Price Performance

Shares of NASDAQ SVC opened at $8.54 on Thursday. Service Properties Trust has a 52 week low of $5.65 and a 52 week high of $15.38. The business’s 50 day moving average price is $8.50 and its 200 day moving average price is $9.09. The company has a quick ratio of 0.01, a current ratio of 0.01 and a debt-to-equity ratio of 4.56. The firm has a market cap of $1.11 billion, a P/E ratio of -1.20 and a beta of 1.65.

Service Properties Trust (NASDAQ:SVC) last posted its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.82) by $2.02. Service Properties Trust had a negative net margin of 13.59% and a negative return on equity of 38.18%. The company had revenue of $364.45 million during the quarter, compared to analyst estimates of $347.82 million. Service Properties Trust has set its FY 2026 guidance at 0.240-0.270 EPS. On average, sell-side analysts expect that Service Properties Trust will post 1.25 earnings per share for the current year.

Service Properties Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Stockholders of record on Monday, July 20th will be paid a $0.05 dividend. The ex-dividend date is Monday, July 20th. This is an increase from Service Properties Trust’s previous quarterly dividend of $0.05. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.3%. Service Properties Trust’s dividend payout ratio (DPR) is currently -2.82%.

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.