Prudential PLC decreased its holdings in shares of ServiceMaster Global Holdings, Inc. (NYSE:SERV) by 26.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 140,000 shares of the business services provider’s stock after selling 50,000 shares during the quarter. Prudential PLC owned about 0.10% of ServiceMaster Global Holdings worth $5,487,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. FNY Partners Fund LP acquired a new stake in ServiceMaster Global Holdings during the first quarter worth $104,000. Goldman Sachs Group Inc. increased its stake in ServiceMaster Global Holdings by 8.9% during the first quarter. Goldman Sachs Group Inc. now owns 317,220 shares of the business services provider’s stock worth $13,244,000 after acquiring an additional 25,882 shares during the last quarter. JPMorgan Chase & Co. increased its stake in ServiceMaster Global Holdings by 4.0% during the second quarter. JPMorgan Chase & Co. now owns 2,463,249 shares of the business services provider’s stock worth $96,535,000 after acquiring an additional 94,580 shares during the last quarter. Alliancebernstein L.P. increased its stake in ServiceMaster Global Holdings by 13.0% during the first quarter. Alliancebernstein L.P. now owns 84,843 shares of the business services provider’s stock worth $3,542,000 after acquiring an additional 9,733 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in ServiceMaster Global Holdings by 5.0% during the first quarter. Vanguard Group Inc. now owns 10,436,101 shares of the business services provider’s stock worth $435,707,000 after acquiring an additional 494,133 shares during the last quarter.

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In other news, insider Timothy M. Haynes sold 5,000 shares of the company’s stock in a transaction on Friday, August 25th. The stock was sold at an average price of $45.90, for a total transaction of $229,500.00. Following the completion of the sale, the insider now directly owns 22,335 shares in the company, valued at approximately $1,025,176.50. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Robert J. Gillette sold 1,142,961 shares of the company’s stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $42.58, for a total value of $48,667,279.38. Following the sale, the chief executive officer now owns 642,022 shares of the company’s stock, valued at $27,337,296.76. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,225,655 shares of company stock valued at $52,344,228. Insiders own 1.20% of the company’s stock.

ServiceMaster Global Holdings, Inc. (NYSE:SERV) opened at 47.39 on Monday. The stock has a market capitalization of $6.32 billion, a price-to-earnings ratio of 28.90 and a beta of 1.02. The stock’s 50 day moving average price is $46.70 and its 200 day moving average price is $41.70. ServiceMaster Global Holdings, Inc. has a 52-week low of $32.41 and a 52-week high of $48.48.

ServiceMaster Global Holdings (NYSE:SERV) last released its quarterly earnings data on Monday, July 31st. The business services provider reported $0.69 EPS for the quarter, hitting analysts’ consensus estimates of $0.69. The business had revenue of $807.00 million during the quarter, compared to the consensus estimate of $806.64 million. ServiceMaster Global Holdings had a return on equity of 40.74% and a net margin of 7.92%. The business’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.67 EPS. On average, analysts forecast that ServiceMaster Global Holdings, Inc. will post $2.04 EPS for the current year.

Several equities research analysts have issued reports on SERV shares. Robert W. Baird reissued a “hold” rating and set a $51.00 target price on shares of ServiceMaster Global Holdings in a research note on Tuesday, September 12th. Credit Suisse Group reissued an “outperform” rating and set a $52.00 target price (up previously from $47.00) on shares of ServiceMaster Global Holdings in a research note on Tuesday, August 1st. Morgan Stanley reissued an “overweight” rating and set a $48.00 target price on shares of ServiceMaster Global Holdings in a research note on Friday, June 23rd. Royal Bank Of Canada reissued a “buy” rating and set a $44.00 target price on shares of ServiceMaster Global Holdings in a research note on Friday, September 15th. Finally, BidaskClub raised ServiceMaster Global Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have assigned a buy rating to the stock. ServiceMaster Global Holdings has an average rating of “Buy” and a consensus target price of $49.55.

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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