Swiss National Bank raised its stake in Servicemaster Global Holdings Inc (NYSE:SERV) by 3.2% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 247,307 shares of the business services provider’s stock after buying an additional 7,600 shares during the period. Swiss National Bank’s holdings in Servicemaster Global were worth $11,549,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc grew its stake in Servicemaster Global by 0.6% during the 3rd quarter. Vanguard Group Inc now owns 11,628,996 shares of the business services provider’s stock valued at $721,346,000 after acquiring an additional 71,982 shares in the last quarter. State Board of Administration of Florida Retirement System grew its stake in Servicemaster Global by 2.6% during the 4th quarter. State Board of Administration of Florida Retirement System now owns 164,515 shares of the business services provider’s stock valued at $6,044,000 after acquiring an additional 4,242 shares in the last quarter. TD Asset Management Inc. grew its stake in Servicemaster Global by 5.0% during the 4th quarter. TD Asset Management Inc. now owns 189,000 shares of the business services provider’s stock valued at $6,944,000 after acquiring an additional 9,000 shares in the last quarter. Victory Capital Management Inc. grew its stake in Servicemaster Global by 48.8% during the 4th quarter. Victory Capital Management Inc. now owns 106,142 shares of the business services provider’s stock valued at $3,900,000 after acquiring an additional 34,811 shares in the last quarter. Finally, WINTON GROUP Ltd grew its stake in Servicemaster Global by 9.1% during the 4th quarter. WINTON GROUP Ltd now owns 20,181 shares of the business services provider’s stock valued at $741,000 after acquiring an additional 1,676 shares in the last quarter.

SERV has been the subject of several recent research reports. Zacks Investment Research raised Servicemaster Global from a “sell” rating to a “hold” rating in a research note on Wednesday, February 13th. Morgan Stanley boosted their price target on Servicemaster Global from $42.00 to $45.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 8th. ValuEngine raised Servicemaster Global from a “hold” rating to a “buy” rating in a research note on Wednesday, May 8th. Oppenheimer set a $47.00 price target on Servicemaster Global and gave the company a “buy” rating in a research note on Tuesday, February 26th. Finally, Buckingham Research cut Servicemaster Global from a “buy” rating to a “neutral” rating and set a $53.00 price target for the company. in a research note on Wednesday, May 8th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $46.89.

Shares of NYSE SERV traded up $0.53 during trading hours on Wednesday, hitting $54.03. The stock had a trading volume of 8,763 shares, compared to its average volume of 887,242. The stock has a market cap of $7.29 billion, a price-to-earnings ratio of 57.15, a PEG ratio of 2.07 and a beta of 0.84. Servicemaster Global Holdings Inc has a 52 week low of $34.28 and a 52 week high of $56.50. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.13 and a current ratio of 1.24.

Servicemaster Global (NYSE:SERV) last announced its earnings results on Tuesday, May 7th. The business services provider reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.02. The firm had revenue of $482.00 million during the quarter, compared to analysts’ expectations of $473.13 million. Servicemaster Global had a positive return on equity of 14.89% and a negative net margin of 0.41%. The company’s revenue was up 12.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.44 earnings per share. On average, analysts predict that Servicemaster Global Holdings Inc will post 1.42 EPS for the current year.

In other Servicemaster Global news, VP John Patrick Mullen sold 22,376 shares of the company’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $47.80, for a total transaction of $1,069,572.80. Following the completion of the sale, the vice president now owns 14,389 shares of the company’s stock, valued at $687,794.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Matthew Stevenson sold 8,556 shares of the company’s stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $54.29, for a total value of $464,505.24. Following the sale, the insider now directly owns 10,396 shares of the company’s stock, valued at approximately $564,398.84. The disclosure for this sale can be found here. Insiders have sold 84,124 shares of company stock valued at $4,368,148 in the last ninety days. Company insiders own 0.23% of the company’s stock.

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Servicemaster Global Profile

ServiceMaster Global Holdings, Inc provides services to residential and commercial customers in the termite, pest control, cleaning, and restoration markets in all 50 states and the District of Columbia. The company operates through two segments, Terminix and ServiceMaster Brands. The Terminix segment offers termite and pest control services, including termite remediation, annual termite inspection, and prevention treatments with damage claim guarantees, periodic pest control services, insulation services, mosquito control, crawlspace encapsulation, and wildlife exclusion.

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Institutional Ownership by Quarter for Servicemaster Global (NYSE:SERV)

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