Natixis Advisors L.P. raised its position in shares of Servicemaster Global Holdings Inc (NYSE:SERV) by 13.2% in the fourth quarter, Holdings Channel reports. The firm owned 102,895 shares of the business services provider’s stock after buying an additional 11,973 shares during the period. Natixis Advisors L.P.’s holdings in Servicemaster Global were worth $3,977,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of SERV. Delta Asset Management LLC TN acquired a new stake in Servicemaster Global in the 4th quarter valued at $45,000. Tower Research Capital LLC TRC raised its position in Servicemaster Global by 2,014.0% in the 3rd quarter. Tower Research Capital LLC TRC now owns 1,205 shares of the business services provider’s stock valued at $67,000 after purchasing an additional 1,148 shares during the last quarter. Benjamin F. Edwards & Company Inc. bought a new position in Servicemaster Global in the 4th quarter valued at $77,000. Quest Capital Management Inc. ADV bought a new position in Servicemaster Global in the 3rd quarter valued at $111,000. Finally, Bank of Hawaii bought a new position in Servicemaster Global in the 3rd quarter valued at $203,000. 95.23% of the stock is owned by institutional investors.
Several equities analysts have issued reports on the company. Morgan Stanley lifted their price objective on Servicemaster Global from $41.00 to $43.00 and gave the company an “equal weight” rating in a research report on Friday. TheStreet downgraded Servicemaster Global from a “b+” rating to a “c” rating in a research report on Friday, November 15th. JPMorgan Chase & Co. dropped their target price on Servicemaster Global from $55.00 to $50.00 and set an “overweight” rating for the company in a research report on Tuesday, December 17th. Royal Bank of Canada dropped their target price on Servicemaster Global to $54.00 and set an “outperform” rating for the company in a research report on Wednesday, November 6th. Finally, Robert W. Baird boosted their target price on Servicemaster Global from $40.00 to $45.00 and gave the stock a “neutral” rating in a research report on Friday. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the company. Servicemaster Global presently has a consensus rating of “Hold” and an average target price of $49.60.
NYSE SERV traded down $1.70 on Friday, reaching $35.73. The company had a trading volume of 218,403 shares, compared to its average volume of 1,623,747. The stock’s 50 day moving average is $36.69 and its 200-day moving average is $44.48. The stock has a market cap of $4.58 billion, a price-to-earnings ratio of -51.04, a PEG ratio of 1.42 and a beta of 0.49. The company has a quick ratio of 0.84, a current ratio of 0.93 and a debt-to-equity ratio of 0.65. Servicemaster Global Holdings Inc has a 52 week low of $33.05 and a 52 week high of $58.78.
Servicemaster Global (NYSE:SERV) last released its quarterly earnings data on Thursday, February 27th. The business services provider reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. The business had revenue of $507.00 million during the quarter, compared to the consensus estimate of $506.42 million. Servicemaster Global had a positive return on equity of 7.91% and a negative net margin of 4.64%. The firm’s revenue was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.19 earnings per share. As a group, analysts forecast that Servicemaster Global Holdings Inc will post 1.33 EPS for the current year.
Servicemaster Global Company Profile
ServiceMaster Global Holdings, Inc provides services to residential and commercial customers in the termite, pest control, cleaning, and restoration markets in all 50 states and the District of Columbia. The company operates through two segments, Terminix and ServiceMaster Brands. The Terminix segment offers termite and pest control services, including termite remediation, annual termite inspection, and prevention treatments with damage claim guarantees, periodic pest control services, insulation services, mosquito control, crawlspace encapsulation, and wildlife exclusion.
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