Gamco Investors INC. ET AL grew its stake in Servicemaster Global Holdings Inc (NYSE:SERV) by 21.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 286,500 shares of the business services provider’s stock after acquiring an additional 50,800 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Servicemaster Global were worth $10,526,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in SERV. Legal & General Group Plc boosted its holdings in shares of Servicemaster Global by 1.4% in the 3rd quarter. Legal & General Group Plc now owns 92,403 shares of the business services provider’s stock worth $5,732,000 after acquiring an additional 1,283 shares in the last quarter. Swiss National Bank boosted its holdings in shares of Servicemaster Global by 0.6% in the 3rd quarter. Swiss National Bank now owns 236,207 shares of the business services provider’s stock worth $14,652,000 after acquiring an additional 1,300 shares in the last quarter. Gabelli Funds LLC boosted its holdings in shares of Servicemaster Global by 1.4% in the 3rd quarter. Gabelli Funds LLC now owns 104,600 shares of the business services provider’s stock worth $6,488,000 after acquiring an additional 1,400 shares in the last quarter. Xact Kapitalforvaltning AB boosted its holdings in shares of Servicemaster Global by 7.9% in the 3rd quarter. Xact Kapitalforvaltning AB now owns 19,011 shares of the business services provider’s stock worth $1,179,000 after acquiring an additional 1,400 shares in the last quarter. Finally, State of Alaska Department of Revenue boosted its holdings in shares of Servicemaster Global by 4.9% in the 3rd quarter. State of Alaska Department of Revenue now owns 31,403 shares of the business services provider’s stock worth $1,947,000 after acquiring an additional 1,468 shares in the last quarter. Institutional investors own 95.42% of the company’s stock.

In other Servicemaster Global news, insider Matthew Stevenson sold 2,562 shares of the company’s stock in a transaction on Friday, November 30th. The stock was sold at an average price of $44.20, for a total transaction of $113,240.40. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.16% of the stock is currently owned by corporate insiders.

NYSE:SERV opened at $39.69 on Tuesday. Servicemaster Global Holdings Inc has a 52-week low of $32.89 and a 52-week high of $45.64. The company has a debt-to-equity ratio of 1.90, a quick ratio of 1.09 and a current ratio of 1.15. The firm has a market cap of $5.44 billion, a price-to-earnings ratio of 18.81, a PEG ratio of 2.71 and a beta of 0.97.

Servicemaster Global (NYSE:SERV) last posted its quarterly earnings data on Tuesday, November 6th. The business services provider reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.12). Servicemaster Global had a return on equity of 23.65% and a net margin of 16.61%. The firm had revenue of $873.00 million for the quarter, compared to analyst estimates of $865.00 million. During the same period in the prior year, the company posted $0.73 EPS. The firm’s quarterly revenue was up 9.5% compared to the same quarter last year. On average, analysts expect that Servicemaster Global Holdings Inc will post 2.1 earnings per share for the current year.

Several research analysts have recently commented on SERV shares. Morgan Stanley set a $41.00 target price on Servicemaster Global and gave the stock a “hold” rating in a report on Monday, October 15th. Nomura boosted their target price on Servicemaster Global from $48.20 to $53.00 and gave the stock a “buy” rating in a report on Wednesday, October 10th. Royal Bank of Canada started coverage on Servicemaster Global in a report on Monday, November 19th. They issued a “sector perform” rating and a $46.00 target price on the stock. Oppenheimer set a $47.00 target price on Servicemaster Global and gave the stock a “buy” rating in a report on Tuesday, December 11th. Finally, Goldman Sachs Group started coverage on Servicemaster Global in a report on Wednesday, November 14th. They issued a “neutral” rating and a $44.00 target price on the stock. One analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $46.67.

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About Servicemaster Global

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.

Read More: Leveraged Buyout (LBO)

Want to see what other hedge funds are holding SERV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Servicemaster Global Holdings Inc (NYSE:SERV).

Institutional Ownership by Quarter for Servicemaster Global (NYSE:SERV)

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