Pacer Advisors Inc. raised its position in ServiceMaster Global Holdings, Inc. (NYSE:SERV) by 16.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 22,951 shares of the business services provider’s stock after buying an additional 3,187 shares during the period. Pacer Advisors Inc.’s holdings in ServiceMaster Global Holdings were worth $1,073,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SERV. The Manufacturers Life Insurance Company increased its holdings in ServiceMaster Global Holdings by 18.5% in the second quarter. The Manufacturers Life Insurance Company now owns 4,529 shares of the business services provider’s stock valued at $177,000 after buying an additional 708 shares in the last quarter. BNP Paribas Arbitrage SA increased its holdings in ServiceMaster Global Holdings by 117.8% in the second quarter. BNP Paribas Arbitrage SA now owns 4,559 shares of the business services provider’s stock valued at $179,000 after buying an additional 2,466 shares in the last quarter. SG Americas Securities LLC increased its holdings in ServiceMaster Global Holdings by 112.7% in the second quarter. SG Americas Securities LLC now owns 5,107 shares of the business services provider’s stock valued at $200,000 after buying an additional 2,706 shares in the last quarter. CIBC Asset Management Inc purchased a new position in ServiceMaster Global Holdings in the third quarter valued at $206,000. Finally, Oakbrook Investments LLC purchased a new position in ServiceMaster Global Holdings in the third quarter valued at $213,000.

ServiceMaster Global Holdings, Inc. (NYSE SERV) traded down $0.21 on Friday, reaching $47.16. 482,900 shares of the company were exchanged, compared to its average volume of 942,260. The firm has a market capitalization of $6,367.95, a price-to-earnings ratio of 21.44 and a beta of 1.00. ServiceMaster Global Holdings, Inc. has a 52-week low of $36.34 and a 52-week high of $48.48. The company has a quick ratio of 0.99, a current ratio of 1.03 and a debt-to-equity ratio of 3.12.

ServiceMaster Global Holdings (NYSE:SERV) last posted its quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.12. The firm had revenue of $797.00 million for the quarter, compared to analyst estimates of $795.41 million. ServiceMaster Global Holdings had a net margin of 8.16% and a return on equity of 40.22%. ServiceMaster Global Holdings’s quarterly revenue was up 5.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.59 earnings per share. equities analysts anticipate that ServiceMaster Global Holdings, Inc. will post 2.09 EPS for the current year.

In other ServiceMaster Global Holdings news, insider Mary Kay Wegner sold 6,562 shares of the business’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $47.13, for a total value of $309,267.06. Following the transaction, the insider now directly owns 6,562 shares in the company, valued at approximately $309,267.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO John Patrick Mullen sold 3,646 shares of the business’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $46.47, for a total transaction of $169,429.62. Following the completion of the transaction, the chief accounting officer now owns 3,280 shares in the company, valued at $152,421.60. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.

A number of research firms have weighed in on SERV. Oppenheimer Holdings, Inc. began coverage on shares of ServiceMaster Global Holdings in a report on Wednesday, September 20th. They issued an “outperform” rating and a $55.00 price objective for the company. BidaskClub cut shares of ServiceMaster Global Holdings from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Zacks Investment Research cut shares of ServiceMaster Global Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, October 25th. CIBC began coverage on shares of ServiceMaster Global Holdings in a research note on Wednesday, September 20th. They set an “outperform” rating and a $55.00 target price for the company. Finally, Rowe began coverage on shares of ServiceMaster Global Holdings in a research note on Tuesday, September 19th. They set an “outperform” rating and a $55.00 target price for the company. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $49.00.

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ServiceMaster Global Holdings Profile

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.

Institutional Ownership by Quarter for ServiceMaster Global Holdings (NYSE:SERV)

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