Eaton Vance Management grew its holdings in ServiceMaster Global Holdings, Inc. (NYSE:SERV) by 9.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 875,976 shares of the business services provider’s stock after acquiring an additional 79,200 shares during the period. Eaton Vance Management owned about 0.66% of ServiceMaster Global Holdings worth $34,329,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. SG Americas Securities LLC acquired a new position in shares of ServiceMaster Global Holdings in the first quarter worth $100,000. FNY Partners Fund LP acquired a new position in shares of ServiceMaster Global Holdings in the first quarter worth $104,000. Cannell Capital LLC acquired a new position in shares of ServiceMaster Global Holdings in the first quarter worth $179,000. BNP Paribas Arbitrage SA grew its stake in shares of 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 worth $179,000 after acquiring an additional 2,466 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. acquired a new position in shares of ServiceMaster Global Holdings in the first quarter worth $203,000.

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In related news, insider Timothy M. Haynes sold 45,623 shares of ServiceMaster Global Holdings stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $44.48, for a total transaction of $2,029,311.04. Following the sale, the insider now owns 29,833 shares of the company’s stock, valued at approximately $1,326,971.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP James T. Lucke sold 9,230 shares of ServiceMaster Global Holdings stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $43.77, for a total transaction of $403,997.10. The disclosure for this sale can be found here. Insiders have sold a total of 1,225,655 shares of company stock worth $52,344,228 in the last ninety days. 1.20% of the stock is currently owned by insiders.

Several equities analysts have commented on the stock. Instinet boosted their price target on shares of ServiceMaster Global Holdings from $30.00 to $32.00 and gave the stock a “reduce” rating in a research note on Thursday, May 25th. BidaskClub upgraded shares of ServiceMaster Global Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd. Credit Suisse Group restated an “outperform” rating and issued a $52.00 price target (up previously from $47.00) on shares of ServiceMaster Global Holdings in a research note on Tuesday, August 1st. Morgan Stanley restated an “overweight” rating and issued a $48.00 price target on shares of ServiceMaster Global Holdings in a research note on Friday, June 23rd. Finally, Royal Bank Of Canada restated a “buy” rating and issued a $44.00 price target on shares of ServiceMaster Global Holdings in a research note on Tuesday, June 27th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company’s stock. ServiceMaster Global Holdings presently has an average rating of “Hold” and an average price target of $43.57.

ServiceMaster Global Holdings, Inc. (NYSE SERV) opened at 46.50 on Friday. ServiceMaster Global Holdings, Inc. has a 52 week low of $32.41 and a 52 week high of $47.38. The company’s 50 day moving average is $44.40 and its 200-day moving average is $40.66. The firm has a market cap of $6.21 billion, a P/E ratio of 28.35 and a beta of 1.04.

ServiceMaster Global Holdings (NYSE:SERV) last released its quarterly earnings results on Monday, July 31st. The business services provider reported $0.69 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.69. ServiceMaster Global Holdings had a net margin of 7.92% and a return on equity of 40.74%. The firm had revenue of $807 million for the quarter, compared to the consensus estimate of $806.64 million. During the same quarter in the previous year, the firm posted $0.67 EPS. The firm’s quarterly revenue was up 8.0% on a year-over-year basis. Equities analysts expect that ServiceMaster Global Holdings, Inc. will post $2.04 earnings per share for the current year.

ServiceMaster Global Holdings 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.

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

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