New York State Common Retirement Fund raised its position in shares of ServiceMaster Global Holdings, Inc. (NYSE:SERV) by 1.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 298,900 shares of the business services provider’s stock after purchasing an additional 5,500 shares during the quarter. New York State Common Retirement Fund owned 0.22% of ServiceMaster Global worth $13,968,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. CIBC Asset Management Inc acquired a new position in shares of ServiceMaster Global in the 3rd quarter valued at about $206,000. The Manufacturers Life Insurance Company lifted its holdings in shares of ServiceMaster Global by 18.5% in 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 buying an additional 708 shares during the period. Oakbrook Investments LLC acquired a new position in shares of ServiceMaster Global in the 3rd quarter valued at about $213,000. BNP Paribas Arbitrage SA lifted its holdings in shares of ServiceMaster Global by 117.8% in the 2nd 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 during the period. Finally, Aperio Group LLC acquired a new position in shares of ServiceMaster Global in the 3rd quarter valued at about $218,000.

In other ServiceMaster Global news, CAO John Patrick Mullen sold 3,646 shares of the stock in a transaction that occurred on Thursday, November 9th. The stock was 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 of the company’s stock, valued at $152,421.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Mary Kay Wegner sold 1,256 shares of the stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $50.29, for a total value of $63,164.24. The disclosure for this sale can be found here. Insiders have sold 32,464 shares of company stock valued at $1,596,901 in the last three months. Insiders own 1.20% of the company’s stock.

Several equities analysts have recently issued reports on SERV shares. Nomura boosted their price objective on ServiceMaster Global from $36.00 to $39.00 and gave the company a “reduce” rating in a report on Friday, November 3rd. Morgan Stanley set a $52.00 price target on ServiceMaster Global and gave the stock a “buy” rating in a report on Monday, October 23rd. Robert W. Baird reaffirmed a “hold” rating and issued a $51.00 price target on shares of ServiceMaster Global in a report on Tuesday, September 12th. Royal Bank of Canada reduced their price target on ServiceMaster Global from $44.00 to $43.00 and set a “sector perform” rating for the company in a report on Wednesday, November 1st. Finally, Zacks Investment Research raised ServiceMaster Global from a “sell” rating to a “hold” rating in a report on Wednesday, September 27th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $49.00.

ServiceMaster Global Holdings, Inc. (NYSE:SERV) opened at $52.13 on Monday. The firm has a market capitalization of $7,040.41, a PE ratio of 23.70 and a beta of 1.00. ServiceMaster Global Holdings, Inc. has a fifty-two week low of $36.34 and a fifty-two week high of $52.18. 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 (NYSE:SERV) last released 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 company had revenue of $797.00 million during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.59 EPS. analysts forecast that ServiceMaster Global Holdings, Inc. will post 2.09 earnings per share for the current fiscal year.

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ServiceMaster Global Company 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.

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

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