ServiceMaster Global Holdings Inc. (NYSE:SERV) was downgraded by analysts at Nomura from a “neutral” rating to a “reduce” rating in a note issued to investors on Monday.

Other research analysts also recently issued research reports about the company. Zacks Investment Research upgraded ServiceMaster Global Holdings from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a report on Wednesday, July 13th. TheStreet raised ServiceMaster Global Holdings from a “hold” rating to a “buy” rating in a research report on Tuesday, June 28th. Piper Jaffray Cos. reaffirmed an “overweight” rating and set a $47.00 price objective on shares of ServiceMaster Global Holdings in a research report on Friday, May 27th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of ServiceMaster Global Holdings in a research report on Wednesday, June 29th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. ServiceMaster Global Holdings has a consensus rating of “Hold” and an average price target of $43.57.

Shares of ServiceMaster Global Holdings (NYSE:SERV) opened at 36.16 on Monday. The company’s 50 day moving average price is $37.65 and its 200-day moving average price is $37.98. The stock has a market capitalization of $4.90 billion, a P/E ratio of 40.95 and a beta of 1.09. ServiceMaster Global Holdings has a 12 month low of $32.10 and a 12 month high of $42.21.

ServiceMaster Global Holdings (NYSE:SERV) last announced its quarterly earnings results on Thursday, July 28th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.01. ServiceMaster Global Holdings had a return on equity of 46.00% and a net margin of 4.55%. The company had revenue of $747 million for the quarter, compared to the consensus estimate of $767.40 million. During the same quarter in the previous year, the business earned $0.60 EPS. ServiceMaster Global Holdings’s revenue was up 4.3% compared to the same quarter last year. Equities analysts predict that ServiceMaster Global Holdings will post $2.06 earnings per share for the current year.

In other news, SVP James T. Lucke sold 5,199 shares of the business’s stock in a transaction that occurred on Thursday, August 11th. The stock was sold at an average price of $38.00, for a total value of $197,562.00. Following the sale, the senior vice president now directly owns 5,000 shares of the company’s stock, valued at approximately $190,000. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP James T. Lucke sold 10,801 shares of the business’s stock in a transaction that occurred on Monday, August 1st. The stock was sold at an average price of $37.68, for a total value of $406,981.68. Following the completion of the sale, the senior vice president now directly owns 10,199 shares in the company, valued at $384,298.32. The disclosure for this sale can be found here. 1.40% of the stock is owned by insiders.

Hedge funds have recently modified their holdings of the company. Manchester Capital Management LLC bought a new stake in shares of ServiceMaster Global Holdings during the first quarter worth approximately $122,000. Checchi Capital Advisers LLC raised its position in shares of ServiceMaster Global Holdings by 5,105.1% in the second quarter. Checchi Capital Advisers LLC now owns 3,071 shares of the company’s stock worth $122,000 after buying an additional 3,012 shares during the last quarter. First Manhattan Co. purchased a new position in shares of ServiceMaster Global Holdings during the second quarter worth $125,000. American International Group Inc. raised its position in shares of ServiceMaster Global Holdings by 16.6% in the second quarter. American International Group Inc. now owns 3,342 shares of the company’s stock worth $133,000 after buying an additional 475 shares during the last quarter. Finally, BlackRock Japan Co. Ltd raised its position in shares of ServiceMaster Global Holdings by 4.1% in the first quarter. BlackRock Japan Co. Ltd now owns 5,384 shares of the company’s stock worth $203,000 after buying an additional 212 shares during the last quarter.

ServiceMaster Global Holdings Company Profile

ServiceMaster Global Holdings, Inc is a holding company. The Company is a provider of essential residential and commercial services. Its services include termite and pest control, home warranties, disaster restoration, janitorial, residential cleaning, furniture repair and home inspection. The Company operates through three segments: Terminix, American Home Shield and the Franchise Services Group.

5 Day Chart for NYSE:SERV

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