Teacher Retirement System of Texas raised its stake in Servicemaster Global Holdings Inc (NYSE:SERV) by 23.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 793,618 shares of the business services provider’s stock after acquiring an additional 152,000 shares during the period. Teacher Retirement System of Texas owned approximately 0.58% of Servicemaster Global worth $41,340,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SERV. Janus Henderson Group PLC boosted its position in shares of Servicemaster Global by 0.5% during the first quarter. Janus Henderson Group PLC now owns 15,449,598 shares of the business services provider’s stock valued at $721,496,000 after buying an additional 71,489 shares during the last quarter. BlackRock Inc. boosted its position in shares of Servicemaster Global by 0.7% during the first quarter. BlackRock Inc. now owns 5,857,326 shares of the business services provider’s stock valued at $273,537,000 after buying an additional 38,654 shares during the last quarter. Artisan Partners Limited Partnership boosted its position in shares of Servicemaster Global by 110.3% during the first quarter. Artisan Partners Limited Partnership now owns 2,565,982 shares of the business services provider’s stock valued at $119,831,000 after buying an additional 1,345,791 shares during the last quarter. FMR LLC boosted its position in shares of Servicemaster Global by 19.9% during the first quarter. FMR LLC now owns 2,470,671 shares of the business services provider’s stock valued at $115,380,000 after buying an additional 409,942 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Servicemaster Global by 5.6% during the fourth quarter. Geode Capital Management LLC now owns 1,248,319 shares of the business services provider’s stock valued at $45,863,000 after buying an additional 65,869 shares during the last quarter.

SERV stock traded down $0.19 during trading on Wednesday, reaching $58.02. The stock had a trading volume of 7,650 shares, compared to its average volume of 762,551. The stock’s 50 day moving average is $54.21 and its two-hundred day moving average is $49.94. The company has a current ratio of 1.17, a quick ratio of 1.09 and a debt-to-equity ratio of 0.59. Servicemaster Global Holdings Inc has a 52 week low of $34.28 and a 52 week high of $58.78. The firm has a market cap of $7.79 billion, a PE ratio of 61.19, a PEG ratio of 2.20 and a beta of 0.73.

Servicemaster Global (NYSE:SERV) last posted its quarterly earnings data on Tuesday, August 6th. The business services provider reported $0.50 EPS for the quarter, topping the consensus estimate of $0.47 by $0.03. Servicemaster Global had a positive return on equity of 11.17% and a negative net margin of 2.02%. The firm had revenue of $560.00 million for the quarter, compared to the consensus estimate of $549.25 million. During the same quarter last year, the company earned $0.79 earnings per share. The business’s revenue for the quarter was up 7.7% compared to the same quarter last year. On average, research analysts anticipate that Servicemaster Global Holdings Inc will post 1.43 EPS for the current year.

In other news, Director Mark E. Tomkins sold 2,444 shares of the firm’s stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $53.94, for a total value of $131,829.36. Following the transaction, the director now owns 17,398 shares of the company’s stock, valued at $938,448.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.23% of the stock is owned by company insiders.

Several research firms recently commented on SERV. Buckingham Research cut Servicemaster Global from a “buy” rating to a “neutral” rating and set a $53.00 price objective on the stock. in a research report on Wednesday, May 8th. They noted that the move was a valuation call. Morgan Stanley increased their target price on Servicemaster Global from $51.00 to $54.00 and gave the company an “equal weight” rating in a report on Wednesday, August 7th. ValuEngine raised Servicemaster Global from a “hold” rating to a “buy” rating in a report on Wednesday, May 8th. Nomura reissued a “buy” rating and issued a $62.00 target price on shares of Servicemaster Global in a report on Thursday, August 8th. Finally, Zacks Investment Research raised Servicemaster Global from a “sell” rating to a “hold” rating in a report on Friday, August 9th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company’s stock. Servicemaster Global currently has an average rating of “Hold” and an average price target of $48.89.

About Servicemaster Global

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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