Shares of Servicemaster Global Holdings Inc (NYSE:SERV) have been given an average rating of “Hold” by the thirteen analysts that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $45.38.
A number of equities research analysts have weighed in on the company. Zacks Investment Research raised Servicemaster Global from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 5th. Oppenheimer set a $47.00 price objective on Servicemaster Global and gave the company a “buy” rating in a report on Tuesday, November 6th. Morgan Stanley set a $39.00 price target on Servicemaster Global and gave the stock a “hold” rating in a research note on Wednesday, November 7th. Goldman Sachs Group initiated coverage on Servicemaster Global in a research note on Wednesday, November 14th. They set a “neutral” rating and a $44.00 price target on the stock. Finally, Royal Bank of Canada initiated coverage on Servicemaster Global in a research note on Monday, November 19th. They set a “sector perform” rating and a $46.00 price target on the stock.
SERV traded up $0.14 during trading on Tuesday, reaching $39.38. The company’s stock had a trading volume of 363,472 shares, compared to its average volume of 1,022,883. Servicemaster Global has a 52-week low of $32.89 and a 52-week high of $45.64. The firm has a market capitalization of $5.34 billion, a PE ratio of 18.66, a P/E/G ratio of 2.67 and a beta of 0.97. The company has a current ratio of 1.15, a quick ratio of 1.09 and a debt-to-equity ratio of 1.90.
In other news, insider Matthew Stevenson sold 2,562 shares of the business’s stock in a transaction that occurred on Friday, November 30th. The stock was sold at an average price of $44.20, for a total transaction of $113,240.40. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.16% of the stock is owned by insiders.
Several institutional investors have recently modified their holdings of SERV. Iridian Asset Management LLC CT raised its position in shares of Servicemaster Global by 299.4% during the 3rd quarter. Iridian Asset Management LLC CT now owns 4,552,256 shares of the business services provider’s stock worth $282,376,000 after purchasing an additional 3,412,432 shares during the last quarter. Capital International Investors acquired a new position in shares of Servicemaster Global during the 3rd quarter worth approximately $210,902,000. KAMES CAPITAL plc acquired a new position in shares of Servicemaster Global during the 4th quarter worth approximately $63,070,000. Eagle Asset Management Inc. raised its position in shares of Servicemaster Global by 1,857.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 915,375 shares of the business services provider’s stock worth $56,780,000 after purchasing an additional 868,601 shares during the last quarter. Finally, Atlanta Capital Management Co. L L C raised its holdings in Servicemaster Global by 12.4% in the 3rd quarter. Atlanta Capital Management Co. L L C now owns 6,264,021 shares of the business services provider’s stock valued at $388,557,000 after acquiring an additional 693,233 shares during the last quarter. Hedge funds and other institutional investors own 95.42% of the company’s stock.
Servicemaster Global Company Profile
ServiceMaster Global Holdings, Inc provides termite and pest control, cleaning, and restoration services in residential and commercial markets in the United States. The company operates through, Terminix and the Franchise Services Group segments. 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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