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

Market Beat
2026.05.05 08:59
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Pictet Asset Management Holding SA acquired 962,312 shares of Service Properties Trust (NASDAQ:SVC) during Q4, valued at approximately $1.77 million, representing 0.57% ownership. Other institutional investors also adjusted their stakes, with UBS Group AG increasing its position by 266.8%. Analysts have mixed ratings on SVC, with a consensus rating of "Hold" and a target price of $2.00. The stock is currently down 3.8%, trading at $1.50, with a market cap of $252.08 million. A quarterly dividend of $0.01 is set for May 14th, 2023.