AMI Asset Management Corp decreased its position in Servicemaster Global Holdings Inc (NYSE:SERV) by 18.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 43,162 shares of the business services provider’s stock after selling 9,523 shares during the quarter. AMI Asset Management Corp’s holdings in Servicemaster Global were worth $2,213,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company increased its position in shares of Servicemaster Global by 18.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,529 shares of the business services provider’s stock valued at $177,000 after purchasing an additional 708 shares during the last quarter. BNP Paribas Arbitrage SA increased its position in shares of Servicemaster Global by 117.8% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,559 shares of the business services provider’s stock valued at $179,000 after purchasing an additional 2,466 shares during the last quarter. SG Americas Securities LLC increased its position in shares of Servicemaster Global by 112.7% during the 2nd quarter. SG Americas Securities LLC now owns 5,107 shares of the business services provider’s stock valued at $200,000 after purchasing an additional 2,706 shares during the last quarter. CIBC Asset Management Inc bought a new position in shares of Servicemaster Global during the 3rd quarter valued at approximately $206,000. Finally, Oakbrook Investments LLC bought a new position in shares of Servicemaster Global during the 3rd quarter valued at approximately $213,000.

In other Servicemaster Global news, CAO John Patrick Mullen sold 3,646 shares of the company’s stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $46.47, for a total value of $169,429.62. Following the completion of the sale, the chief accounting officer now directly owns 3,280 shares in the company, valued at approximately $152,421.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Mary Kay Wegner sold 6,562 shares of the company’s stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $47.13, for a total value of $309,267.06. Following the completion of the sale, the insider now owns 6,562 shares of the company’s stock, valued at $309,267.06. The disclosure for this sale can be found here. Insiders sold a total of 32,464 shares of company stock worth $1,596,901 in the last ninety days. 1.20% of the stock is currently owned by corporate insiders.

SERV has been the topic of several analyst reports. Rowe initiated coverage on Servicemaster Global in a research report on Tuesday, September 19th. They set an “outperform” rating and a $55.00 target price on the stock. Oppenheimer initiated coverage on Servicemaster Global in a research report on Wednesday, September 20th. They set an “outperform” rating and a $55.00 target price on the stock. CIBC initiated coverage on Servicemaster Global in a research report on Wednesday, September 20th. They set an “outperform” rating and a $55.00 target price on the stock. Zacks Investment Research raised Servicemaster Global from a “sell” rating to a “hold” rating in a research report on Wednesday, September 27th. Finally, Morgan Stanley upped their price objective on Servicemaster Global from $49.00 to $51.00 and gave the company an “overweight” rating in a research report on Thursday, September 28th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company’s stock. Servicemaster Global currently has a consensus rating of “Hold” and an average price target of $49.42.

Servicemaster Global Holdings Inc (SERV) opened at $53.01 on Wednesday. The company has a market capitalization of $7,186.22, a price-to-earnings ratio of 30.47 and a beta of 1.00. The company has a debt-to-equity ratio of 3.12, a current ratio of 1.03 and a quick ratio of 0.99. Servicemaster Global Holdings Inc has a 12-month low of $36.34 and a 12-month high of $53.79.

Servicemaster Global (NYSE:SERV) last announced its quarterly earnings data on Tuesday, October 31st. The business services provider reported $0.73 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.12. The company had revenue of $797.00 million for the quarter, compared to the consensus estimate of $795.41 million. Servicemaster Global had a return on equity of 40.22% and a net margin of 8.16%. Servicemaster Global’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.59 EPS. equities research analysts expect that Servicemaster Global Holdings Inc will post 2.09 earnings per share for the current fiscal year.

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About Servicemaster Global

ServiceMaster Global Holdings, Inc is a provider of essential residential and commercial services. The Company operates through three segments: Terminix, American Home Shield and the Franchise Services Group. Its portfolio of brands includes Terminix, American Home Shield, ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec.

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

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