Service Properties TrustSVC
About: Service Properties Trust is a real estate investment trust that owns hotel properties. These properties are located in the United States, along with Canada and Puerto Rico. The company operates through its hotel investment unit and net lease investments. The firm derives the majority of its revenue from the hotel real estate investments unit. The hotels are distinguished between their service levels, which include full service, select service, and extended stay; and chain scale, which includes luxury, upper upscale, upscale, upper midscale, and midscale. The hotels are extended stay or upscale. Some of the hotel brands include Courtyard by Marriott, Royal Sonesta, Crowne Plaza Hotels & Resorts, and Hyatt Place.
Employees: 500
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
21% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 28
3% more funds holding
Funds holding: 235 [Q2] → 241 (+6) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
0.48% less ownership
Funds ownership: 78.21% [Q2] → 77.72% (-0.48%) [Q3]
4% less call options, than puts
Call options by funds: $1.09M | Put options by funds: $1.13M
12% less capital invested
Capital invested by funds: $666M [Q2] → $588M (-$78.2M) [Q3]
26% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 92
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Wells Fargo Dori Kesten 54% 1-year accuracy 14 / 26 met price target | 11%upside $2.75 | Underweight Maintained | 9 Dec 2024 |
Financial journalist opinion
Based on 6 articles about SVC published over the past 30 days
