Stevens Capital Management LP purchased a new stake in shares of Servicemaster Global Holdings Inc (NYSE:SERV) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 28,697 shares of the business services provider’s stock, valued at approximately $1,109,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Millennium Management LLC raised its holdings in Servicemaster Global by 1,719.8% in the 3rd quarter. Millennium Management LLC now owns 175,463 shares of the business services provider’s stock valued at $9,808,000 after buying an additional 165,821 shares during the period. Artemis Investment Management LLP bought a new position in Servicemaster Global during the fourth quarter worth about $10,456,000. CIBC Private Wealth Group LLC bought a new position in Servicemaster Global during the fourth quarter worth about $1,178,000. BlackRock Inc. grew its holdings in Servicemaster Global by 18.3% during the second quarter. BlackRock Inc. now owns 6,928,643 shares of the business services provider’s stock worth $360,913,000 after purchasing an additional 1,071,317 shares during the period. Finally, Royal Bank of Canada lifted its position in Servicemaster Global by 40.7% during the second quarter. Royal Bank of Canada now owns 12,854 shares of the business services provider’s stock worth $670,000 after acquiring an additional 3,718 shares during the last quarter.

Shares of Servicemaster Global stock traded up $0.81 on Friday, hitting $37.83. 52,046 shares of the company traded hands, compared to its average volume of 1,350,997. The firm’s 50-day simple moving average is $36.98 and its 200 day simple moving average is $45.63. The company has a current ratio of 0.93, a quick ratio of 0.84 and a debt-to-equity ratio of 0.65. The company has a market cap of $4.81 billion, a P/E ratio of -54.04, a P/E/G ratio of 1.50 and a beta of 0.49. Servicemaster Global Holdings Inc has a 12-month low of $33.53 and a 12-month high of $58.78.

Several brokerages have issued reports on SERV. JPMorgan Chase & Co. cut their price objective on shares of Servicemaster Global from $55.00 to $50.00 and set an “overweight” rating for the company in a research report on Tuesday, December 17th. Jefferies Financial Group began coverage on shares of Servicemaster Global in a research note on Wednesday, November 27th. They issued a “buy” rating and a $43.00 target price on the stock. Zacks Investment Research upgraded shares of Servicemaster Global from a “sell” rating to a “hold” rating in a research note on Wednesday, December 25th. TheStreet cut shares of Servicemaster Global from a “b+” rating to a “c” rating in a research note on Friday, November 15th. Finally, Morgan Stanley lowered their target price on shares of Servicemaster Global from $43.00 to $41.00 and set an “equal weight” rating on the stock in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $50.44.

About Servicemaster Global

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

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