ServiceMaster Global Holdings Inc. (NYSE:SERV) SVP James T. Lucke sold 42,000 shares of the stock in a transaction that occurred on Monday, November 21st. The shares were sold at an average price of $37.64, for a total transaction of $1,580,880.00. Following the completion of the transaction, the senior vice president now owns 51,230 shares in the company, valued at $1,928,297.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of ServiceMaster Global Holdings Inc. (NYSE:SERV) opened at 38.38 on Friday. ServiceMaster Global Holdings Inc. has a one year low of $32.41 and a one year high of $42.21. The firm has a market capitalization of $5.17 billion, a P/E ratio of 37.59 and a beta of 1.06. The company’s 50 day moving average price is $35.60 and its 200 day moving average price is $37.13.
ServiceMaster Global Holdings (NYSE:SERV) last released its quarterly earnings results on Tuesday, October 25th. The company reported $0.59 EPS for the quarter, hitting the consensus estimate of $0.59. The firm had revenue of $758 million for the quarter, compared to analyst estimates of $758 million. ServiceMaster Global Holdings had a return on equity of 44.95% and a net margin of 5.23%. ServiceMaster Global Holdings’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.54 EPS. On average, analysts expect that ServiceMaster Global Holdings Inc. will post $2.00 EPS for the current fiscal year.
A number of institutional investors have recently added to or reduced their stakes in SERV. Checchi Capital Advisers LLC raised its position in ServiceMaster Global Holdings by 5,105.1% in the second quarter. Checchi Capital Advisers LLC now owns 3,071 shares of the company’s stock valued at $122,000 after buying an additional 3,012 shares during the period. First Manhattan Co. acquired a new position in shares of ServiceMaster Global Holdings during the second quarter worth about $125,000. American International Group Inc. raised its position in shares of ServiceMaster Global Holdings by 16.6% in the second quarter. American International Group Inc. now owns 3,342 shares of the company’s stock worth $133,000 after buying an additional 475 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new position in shares of ServiceMaster Global Holdings during the third quarter worth about $131,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of ServiceMaster Global Holdings by 14.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,158 shares of the company’s stock worth $140,000 after buying an additional 528 shares during the last quarter.
Several brokerages have commented on SERV. Zacks Investment Research lowered shares of ServiceMaster Global Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday. Nomura decreased their price objective on ServiceMaster Global Holdings from $37.00 to $36.00 and set a “neutral” rating for the company in a report on Tuesday, August 16th. Morgan Stanley assumed coverage on ServiceMaster Global Holdings in a report on Monday, August 1st. They issued an “overweight” rating and a $45.00 price objective for the company. Finally, TheStreet downgraded ServiceMaster Global Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, August 23rd. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. ServiceMaster Global Holdings currently has a consensus rating of “Hold” and a consensus target price of $42.86.
ServiceMaster Global Holdings Company Profile