30,417 Shares in ServiceMaster Global Holdings, Inc. (SERV) Acquired by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd bought a new stake in ServiceMaster Global Holdings, Inc. (NYSE:SERV) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 30,417 shares of the business services provider’s stock, valued at approximately $1,422,000.

Several other hedge funds and other institutional investors have also modified their holdings of SERV. Teachers Advisors LLC boosted its stake in shares of ServiceMaster Global Holdings by 3.4% in the 1st quarter. Teachers Advisors LLC now owns 157,234 shares of the business services provider’s stock valued at $6,565,000 after purchasing an additional 5,229 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of ServiceMaster Global Holdings by 2.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 791,798 shares of the business services provider’s stock valued at $33,057,000 after purchasing an additional 21,977 shares during the last quarter. Renaissance Technologies LLC bought a new position in shares of ServiceMaster Global Holdings in the 1st quarter valued at about $7,789,000. Bank of Montreal Can boosted its stake in shares of ServiceMaster Global Holdings by 11.1% in the 2nd quarter. Bank of Montreal Can now owns 6,604 shares of the business services provider’s stock valued at $260,000 after purchasing an additional 659 shares during the last quarter. Finally, State of Alaska Department of Revenue boosted its stake in shares of ServiceMaster Global Holdings by 43.5% in the 2nd quarter. State of Alaska Department of Revenue now owns 9,915 shares of the business services provider’s stock valued at $388,000 after purchasing an additional 3,004 shares during the last quarter.

In other ServiceMaster Global Holdings news, CAO John Patrick Mullen sold 3,646 shares of the firm’s stock in a transaction that occurred 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 sale, the chief accounting officer now directly owns 3,280 shares in the company, valued at approximately $152,421.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Timothy M. Haynes sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $45.90, for a total transaction of $229,500.00. Following the sale, the insider now owns 22,335 shares in the company, valued at $1,025,176.50. 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 90 days. Corporate insiders own 1.20% of the company’s stock.

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ServiceMaster Global Holdings, Inc. (SERV) traded down $0.22 during trading on Friday, reaching $46.44. 544,072 shares of the company traded hands, compared to its average volume of 796,855. The company has a quick ratio of 0.99, a current ratio of 1.03 and a debt-to-equity ratio of 3.12. The company has a market cap of $6,270.75, a price-to-earnings ratio of 21.11 and a beta of 1.00. ServiceMaster Global Holdings, Inc. has a twelve month low of $36.34 and a twelve month 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 EPS for the quarter, topping the consensus estimate of $0.61 by $0.12. The firm had revenue of $797.00 million for the quarter, compared to the consensus estimate of $795.41 million. ServiceMaster Global Holdings had a net margin of 8.16% and a return on equity of 40.22%. The business’s quarterly revenue was up 5.1% on a year-over-year basis. During the same period last year, the company posted $0.59 EPS. research analysts anticipate that ServiceMaster Global Holdings, Inc. will post 2.09 EPS for the current fiscal year.

Several brokerages have recently issued reports on SERV. Zacks Investment Research raised shares of ServiceMaster Global Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, September 27th. Morgan Stanley lifted 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. Oppenheimer Holdings, Inc. began coverage on shares of ServiceMaster Global Holdings in a research note on Wednesday, September 20th. They set an “outperform” rating and a $55.00 price objective on the stock. Rowe began coverage on shares of ServiceMaster Global Holdings in a research note on Tuesday, September 19th. They set an “outperform” rating and a $55.00 price objective on the stock. Finally, Royal Bank Of Canada reduced their price objective on shares of ServiceMaster Global Holdings from $44.00 to $43.00 and set a “sector perform” rating on the stock in a research note on Wednesday, November 1st. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $48.75.

ServiceMaster Global Holdings 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.

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

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