Brown Advisory Inc. Increases Stock Holdings in Terminix Global Holdings, Inc. (NYSE:TMX)

Brown Advisory Inc. increased its holdings in shares of Terminix Global Holdings, Inc. (NYSE:TMX – Get Rating) by 31.5% during the 1st quarter, Holdings Channel reports. The institutional investor owned 3,178,596 shares of the technology company’s stock after purchasing an additional 760,849 shares during the period. Brown Advisory Inc.’s holdings in Terminix Global were worth $145,031,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TMX. Signaturefd LLC grew its stake in Terminix Global by 77.0% during the 1st quarter. Signaturefd LLC now owns 745 shares of the technology company’s stock worth $34,000 after buying an additional 324 shares during the last quarter. Lazard Asset Management LLC grew its stake in Terminix Global by 1,424.2% during the 4th quarter. Lazard Asset Management LLC now owns 1,006 shares of the technology company’s stock worth $45,000 after buying an additional 940 shares during the last quarter. Sageworth Trust Co of South Dakota purchased a new position in Terminix Global during the 4th quarter worth $58,000. First Horizon Advisors Inc. lifted its position in Terminix Global by 66.0% during the 4th quarter. First Horizon Advisors Inc. now owns 1,338 shares of the technology company’s stock worth $61,000 after acquiring an additional 532 shares during the period. Finally, Point72 Hong Kong Ltd acquired a new stake in Terminix Global during the 4th quarter worth about $75,000. 97.75% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Morgan Stanley lowered their price target on Terminix Global from $47.00 to $43.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 20th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $46.25.

Terminix Global Stock Performance

Shares of TMX stock opened at $44.86 on Friday. The stock has a market cap of $5.45 billion, a PE ratio of 48.24 and a beta of 0.75. The business has a 50-day simple moving average of $41.98 and a 200-day simple moving average of $43.10. The company has a quick ratio of 0.97, a current ratio of 1.05 and a debt-to-equity ratio of 0.35. Terminix Global Holdings, Inc. has a 52-week low of $36.30 and a 52-week high of $48.69.

Terminix Global (NYSE:TMX – Get Rating) last issued its quarterly earnings data on Thursday, May 5th. The technology company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.02. The business had revenue of $496.00 million during the quarter, compared to analysts’ expectations of $492.08 million. Terminix Global had a return on equity of 7.55% and a net margin of 5.70%. The company’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.30 EPS. On average, equities analysts expect that Terminix Global Holdings, Inc. will post 1.59 EPS for the current year.

About Terminix Global

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Terminix Global Holdings, Inc provides residential and commercial termite and pest management services. The company offers termite and pest control services, including termite remediation, annual termite inspection, and prevention treatments with termite damage repair guarantees, periodic pest management services, insulation services, crawlspace encapsulation, wildlife exclusion, and disinfection services.