Xact Kapitalforvaltning AB boosted its position in Servicemaster Global Holdings Inc (NYSE:SERV) by 12.6% during the 4th quarter, HoldingsChannel reports. The fund owned 21,411 shares of the business services provider’s stock after buying an additional 2,400 shares during the period. Xact Kapitalforvaltning AB’s holdings in Servicemaster Global were worth $787,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in SERV. First Hawaiian Bank purchased a new stake in shares of Servicemaster Global in the third quarter worth approximately $193,000. Stone Ridge Asset Management LLC purchased a new stake in shares of Servicemaster Global in the third quarter worth approximately $205,000. Parametrica Management Ltd purchased a new stake in shares of Servicemaster Global in the third quarter worth approximately $245,000. Raymond James Trust N.A. increased its position in shares of Servicemaster Global by 74.4% during the fourth quarter. Raymond James Trust N.A. now owns 6,747 shares of the business services provider’s stock valued at $248,000 after acquiring an additional 2,879 shares during the last quarter. Finally, Cerebellum GP LLC increased its position in shares of Servicemaster Global by 129.8% during the fourth quarter. Cerebellum GP LLC now owns 7,129 shares of the business services provider’s stock valued at $262,000 after acquiring an additional 4,027 shares during the last quarter. Institutional investors and hedge funds own 94.64% of the company’s stock.

In other Servicemaster Global news, insider Matthew Stevenson sold 2,562 shares of the firm’s stock in a transaction on Friday, November 30th. The stock was sold at an average price of $44.20, for a total value of $113,240.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.16% of the company’s stock.

NYSE:SERV traded up $0.47 during trading hours on Monday, reaching $39.85. The stock had a trading volume of 64,353 shares, compared to its average volume of 1,010,586. The company has a debt-to-equity ratio of 1.90, a current ratio of 1.15 and a quick ratio of 1.09. Servicemaster Global Holdings Inc has a 12-month low of $32.89 and a 12-month high of $45.64. The company has a market capitalization of $5.34 billion, a P/E ratio of 18.89, a P/E/G ratio of 2.67 and a beta of 0.97.

A number of analysts recently commented on the company. Morgan Stanley set a $39.00 price target on Servicemaster Global and gave the company a “hold” rating in a research report on Wednesday, November 7th. Goldman Sachs Group assumed coverage on Servicemaster Global in a research report on Wednesday, November 14th. They set a “neutral” rating and a $44.00 price target for the company. Zacks Investment Research raised Servicemaster Global from a “strong sell” rating to a “hold” rating in a research report on Wednesday, December 5th. Royal Bank of Canada assumed coverage on Servicemaster Global in a research report on Monday, November 19th. They set a “sector perform” rating and a $46.00 price target for the company. Finally, Oppenheimer set a $47.00 price target on Servicemaster Global and gave the company a “buy” rating in a research report on Tuesday, December 11th. One analyst has rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $46.67.

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Servicemaster Global Company Profile

ServiceMaster Global Holdings, Inc provides termite and pest control, cleaning, and restoration services in residential and commercial markets in the United States. The company operates through, Terminix and the Franchise Services Group segments. 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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