Victory Capital Management Inc. decreased its stake in shares of ServiceMaster Global Holdings, Inc. (NYSE:SERV) by 19.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 34,901 shares of the business services provider’s stock after selling 8,259 shares during the period. Victory Capital Management Inc.’s holdings in ServiceMaster Global Holdings were worth $1,631,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Janus Henderson Group PLC purchased a new stake in ServiceMaster Global Holdings during the second quarter worth approximately $568,959,000. Atlanta Capital Management Co. L L C grew its stake in ServiceMaster Global Holdings by 42.7% during the second quarter. Atlanta Capital Management Co. L L C now owns 5,196,144 shares of the business services provider’s stock worth $203,636,000 after buying an additional 1,554,084 shares during the period. Schroder Investment Management Group grew its stake in ServiceMaster Global Holdings by 225.8% during the second quarter. Schroder Investment Management Group now owns 1,659,624 shares of the business services provider’s stock worth $64,974,000 after buying an additional 1,150,259 shares during the period. Pictet Asset Management Ltd. grew its stake in ServiceMaster Global Holdings by 14,093.4% during the third quarter. Pictet Asset Management Ltd. now owns 780,635 shares of the business services provider’s stock worth $36,479,000 after buying an additional 775,135 shares during the period. Finally, Longview Partners Guernsey LTD grew its stake in ServiceMaster Global Holdings by 5.4% during the second quarter. Longview Partners Guernsey LTD now owns 9,073,199 shares of the business services provider’s stock worth $355,579,000 after buying an additional 464,930 shares during the period.

Several research firms have issued reports on SERV. Zacks Investment Research upgraded shares of ServiceMaster Global Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, September 27th. Morgan Stanley boosted their price objective on shares of ServiceMaster Global Holdings from $49.00 to $51.00 and gave the stock an “overweight” rating in a research note on Thursday, September 28th. Robert W. Baird reiterated a “hold” rating and set a $51.00 price objective on shares of ServiceMaster Global Holdings in a research note on Tuesday, September 12th. BidaskClub downgraded shares of ServiceMaster Global Holdings from a “sell” rating to a “strong sell” rating in a research note on Saturday, November 4th. Finally, Royal Bank Of Canada decreased their price objective on shares of ServiceMaster Global Holdings from $44.00 to $43.00 and set a “sector perform” rating for the company in a research note on Wednesday, November 1st. Three analysts have rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $49.00.

In other ServiceMaster Global Holdings news, insider Mary Kay Wegner sold 6,562 shares of the 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 transaction, the insider now directly owns 6,562 shares in the company, valued at approximately $309,267.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO John Patrick Mullen sold 3,646 shares of the 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 transaction, the chief accounting officer now owns 3,280 shares in the company, valued at $152,421.60. The disclosure for this sale can be found here. Insiders have sold a total of 15,208 shares of company stock worth $708,197 over the last quarter. 1.20% of the stock is currently owned by insiders.

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ServiceMaster Global Holdings, Inc. (SERV) opened at $46.45 on Tuesday. The firm has a market cap of $6,270.00, a price-to-earnings ratio of 21.11 and a beta of 1.00. 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 Holdings, Inc. has a 52 week low of $36.34 and a 52 week high of $48.48.

ServiceMaster Global Holdings (NYSE:SERV) last announced 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 business had revenue of $797.00 million during the quarter, compared to the consensus estimate of $795.41 million. During the same period in the prior year, the firm earned $0.59 earnings per share. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. analysts anticipate that ServiceMaster Global Holdings, Inc. will post 2.09 EPS for the current fiscal 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.

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

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