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Service Properties Trust T.SVC


Primary Symbol: SVC

Service Properties Trust is a real estate investment trust. The Company operates through two segments: hotel investments and net lease investments. It owns a portfolio of hotels and net lease service and necessity-based retail properties. The Company owns over 221 hotels with approximately 37,000 rooms or suites located in over 36 states, in the District of Columbia, Ontario, Canada and San Juan, Puerto Rico. It owns approximately 752 service-oriented retail properties with over 13.3 million square feet located in approximately 42 states. The Company’s net lease portfolio is occupied by over 175 tenants, which is operating approximately 137 brands in over 21 industries. The Company's net lease portfolio is leased to tenants that include travel centers, quick service and casual dining restaurants, movie theaters, health and fitness centers, grocery stores, automotive parts and services and other businesses in service-oriented and necessity-based industries.


NDAQ:SVC - Post by User

Comment by aclcmcon Apr 09, 2016 8:18am
193 Views
Post# 24747723

RE:Company buys up 45,200 today!

RE:Company buys up 45,200 today!These company re-purchases of its own shares can be seen as heathy, in some ways, but less so in others. For instance, SVC appears to believe that the best use of its own cash hoard is to buy back its own stock rather than a potential alternative of a strategic acquisition. I would also assume that reducing its public stock float has an artificial effect on SVC's earnings per share, making the quarter-over-quarter EPS appear stronger than might be the case were the stock float to remain level Q-over-Q. Still long, but still with many questions about management and BOD performance.
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