LS Investment Advisors LLC decreased its position in Servicemaster Global Holdings Inc (NYSE:SERV) by 3.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 222,775 shares of the business services provider’s stock after selling 6,987 shares during the period. LS Investment Advisors LLC’s holdings in Servicemaster Global were worth $11,422,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SERV. Cerebellum GP LLC bought a new stake in Servicemaster Global during the 4th quarter valued at $131,000. The Manufacturers Life Insurance Company raised its holdings in Servicemaster Global by 18.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,529 shares of the business services provider’s stock valued at $177,000 after acquiring an additional 708 shares during the period. CIBC Asset Management Inc bought a new stake in Servicemaster Global during the 3rd quarter valued at $206,000. Oakbrook Investments LLC bought a new stake in Servicemaster Global during the 3rd quarter valued at $213,000. Finally, M&T Bank Corp bought a new stake in Servicemaster Global during the 4th quarter valued at $214,000.

A number of brokerages have issued reports on SERV. Zacks Investment Research cut shares of Servicemaster Global from a “buy” rating to a “hold” rating in a report on Thursday, February 1st. Morgan Stanley boosted their target price on shares of Servicemaster Global from $60.00 to $65.00 and gave the company an “overweight” rating in a report on Wednesday, January 31st. Royal Bank of Canada boosted their target price on shares of Servicemaster Global to $52.00 and gave the company a “sector perform” rating in a report on Friday, January 19th. They noted that the move was a valuation call. William Blair began coverage on shares of Servicemaster Global in a report on Monday, January 29th. They set an “outperform” rating on the stock. Finally, Nomura boosted their target price on shares of Servicemaster Global from $36.00 to $39.00 and gave the company a “reduce” rating in a report on Friday, November 3rd. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $51.17.

In other news, insider Mary Kay Wegner sold 1,256 shares of the company’s stock in a transaction on Friday, December 8th. The shares were sold at an average price of $50.29, for a total value of $63,164.24. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP James T. Lucke sold 21,000 shares of the company’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of $50.24, for a total transaction of $1,055,040.00. Following the completion of the transaction, the senior vice president now directly owns 21,000 shares in the company, valued at approximately $1,055,040. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company’s stock.

Servicemaster Global Holdings Inc (SERV) opened at $50.75 on Friday. The firm has a market cap of $6,852.72, a price-to-earnings ratio of 23.07 and a beta of 0.93. Servicemaster Global Holdings Inc has a 1-year low of $36.34 and a 1-year high of $54.48. The company has a debt-to-equity ratio of 3.12, a current ratio of 1.03 and a quick ratio of 0.99.

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Servicemaster Global 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 (NYSE:SERV)

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