Canada Pension Plan Investment Board lifted its position in shares of ServiceMaster Global Holdings, Inc. (NYSE:SERV) by 189.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,200 shares of the business services provider’s stock after purchasing an additional 22,400 shares during the period. Canada Pension Plan Investment Board’s holdings in ServiceMaster Global Holdings were worth $1,598,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Longview Partners Guernsey LTD lifted its position in shares of ServiceMaster Global Holdings by 4.6% during the third quarter. Longview Partners Guernsey LTD now owns 9,490,981 shares of the business services provider’s stock worth $443,514,000 after purchasing an additional 417,782 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of 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 purchasing an additional 94,580 shares in the last quarter. Princeton Portfolio Strategies Group LLC lifted its position in shares of ServiceMaster Global Holdings by 8.7% during the second quarter. Princeton Portfolio Strategies Group LLC now owns 171,755 shares of the business services provider’s stock worth $6,731,000 after purchasing an additional 13,710 shares in the last quarter. BT Investment Management Ltd acquired a new position in shares of ServiceMaster Global Holdings during the second quarter worth $864,000. Finally, Stevens Capital Management LP acquired a new position in shares of ServiceMaster Global Holdings during the second quarter worth $941,000.

Shares of ServiceMaster Global Holdings, Inc. (SERV) opened at $46.44 on Friday. The company has a current ratio of 1.03, a quick ratio of 0.99 and a debt-to-equity ratio of 3.12. ServiceMaster Global Holdings, Inc. has a 12 month low of $36.34 and a 12 month high of $48.48. The firm has a market cap of $6,270.75, a price-to-earnings ratio of 21.11 and a beta of 1.00.

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

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In other ServiceMaster Global Holdings news, CAO John Patrick Mullen sold 3,646 shares of the business’s stock in a transaction on 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 sale, the chief accounting officer now owns 3,280 shares in the company, valued at $152,421.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Mary Kay Wegner sold 6,562 shares of the business’s stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $47.13, for a total transaction of $309,267.06. Following the sale, the insider now owns 6,562 shares of the company’s stock, valued at approximately $309,267.06. The disclosure for this sale can be found here. In the last quarter, insiders have sold 15,208 shares of company stock valued at $708,197. 1.20% of the stock is owned by insiders.

A number of research analysts have recently commented on SERV shares. BidaskClub cut shares of ServiceMaster Global Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Credit Suisse Group reaffirmed an “outperform” rating and issued a $52.00 price target (up from $47.00) on shares of ServiceMaster Global Holdings in a report on Tuesday, August 1st. Robert W. Baird reaffirmed a “hold” rating and issued a $51.00 price target on shares of ServiceMaster Global Holdings in a report on Tuesday, September 12th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $44.00 price target on shares of ServiceMaster Global Holdings in a report on Friday, September 15th. Finally, Rowe began coverage on shares of ServiceMaster Global Holdings in a report on Tuesday, September 19th. They issued an “outperform” rating and a $55.00 price target on the stock. Three analysts have rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the company. ServiceMaster Global Holdings currently has an average rating of “Hold” and a consensus target price of $48.75.

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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