962,312 Shares in Service Properties Trust $SVC Purchased by Pictet Asset Management Holding SA

Key Points

• Pictet Asset Management established a new position in Service Properties Trust, buying 962,312 shares (~$1.77M) and representing about 0.57% ownership; UBS also boosted its stake materially, and institutional investors hold roughly 77.62% of the stock.
• Several insiders made large purchases in early April — CEO Christopher Bilotto bought 100,000 shares at $1.20 and Director Adam D. Portnoy bought 41,666,666 shares at $1.20, with insiders acquiring about 41.9M shares (~$50.3M) over the past 90 days (insiders own ~1.57%).
• Analysts' consensus rating is a Hold with a consensus target price of $2.00; SVC opened at $1.50, has a market cap of ~$252.1M, high leverage (debt/equity ~5.0), and FY2026 guidance of $0.65–$0.77 EPS.

Pictet Asset Management Holding SA bought a new position in shares of Service Properties Trust (NASDAQ:SVC - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 962,312 shares of the real estate investment trust's stock, valued at approximately $1,771,000. Pictet Asset Management Holding SA owned approximately 0.57% of Service Properties Trust as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. UBS Group AG grew its position in Service Properties Trust by 266.8% during the fourth quarter. UBS Group AG now owns 1,308,186 shares of the real estate investment trust's stock worth $2,407,000 after buying an additional 951,523 shares in the last quarter. HighRoad Wealth Advisors LLC acquired a new stake in Service Properties Trust during the fourth quarter worth about $29,000. State of Alaska Department of Revenue grew its position in Service Properties Trust by 34.8% during the fourth quarter. State of Alaska Department of Revenue now owns 100,281 shares of the real estate investment trust's stock worth $183,000 after buying an additional 25,884 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new stake in Service Properties Trust during the fourth quarter worth about $45,000. Finally, SG Americas Securities LLC grew its position in Service Properties Trust by 80.8% during the fourth quarter. SG Americas Securities LLC now owns 41,759 shares of the real estate investment trust's stock worth $77,000 after buying an additional 18,667 shares in the last quarter. 77.62% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

SVC has been the topic of a number of recent research reports. 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 research report on Thursday, April 2nd. Zacks Research downgraded Service Properties Trust from a "strong-buy" rating to a "hold" rating in a report on Friday, January 30th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Service Properties Trust in a report on Tuesday, April 21st. Wall Street Zen raised Service Properties Trust from a "sell" rating to a "hold" rating in a report on Saturday, March 28th. Finally, Wells Fargo & Company decreased their price objective on Service Properties Trust from $2.50 to $2.00 and set an "equal weight" rating on the stock in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $2.00.

Service Properties Trust Stock Down 3.8%

NASDAQ SVC opened at $1.50 on Tuesday. 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's 50 day moving average is $1.76 and its two-hundred day moving average is $1.91. The company has a market capitalization of $252.08 million, a price-to-earnings ratio of -1.24 and a beta of 1.61. Service Properties Trust has a 1-year low of $1.13 and a 1-year high of $3.08.

Service Properties Trust (NASDAQ:SVC - Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported $0.17 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.16. The company had revenue of $397.45 million for the quarter, compared to the consensus estimate of $394.32 million. Service Properties Trust had a negative return on equity of 29.70% and a negative net margin of 11.15%.Service Properties Trust has set its FY 2026 guidance at 0.650-0.770 EPS. Equities analysts forecast that Service Properties Trust will post 0.49 earnings per share for the current fiscal year.

Service Properties Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 14th. Stockholders of record on Tuesday, April 21st will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Tuesday, April 21st. Service Properties Trust's payout ratio is presently -3.31%.

Insiders Place Their Bets

In other Service Properties Trust news, CEO Christopher J. Bilotto bought 100,000 shares of Service Properties Trust stock in a transaction dated 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 purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Adam D. Portnoy bought 41,666,666 shares of Service Properties Trust stock in a transaction dated Thursday, April 2nd. The stock was acquired at an average cost of $1.20 per share, for a total transaction of $49,999,999.20. The disclosure for this purchase is available in the SEC filing. Insiders acquired 41,914,999 shares of company stock worth $50,297,999 over the last ninety days. 1.57% of the stock is owned by insiders.

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.

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