ServiceMaster (SERV) Shares Bought by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC raised its stake in shares of ServiceMaster (NYSE:SERV) by 45.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,650 shares of the business services provider’s stock after buying an additional 5,200 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in ServiceMaster were worth $847,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. grew its holdings in ServiceMaster by 2.4% during the 4th quarter. BlackRock Inc. now owns 5,615,706 shares of the business services provider’s stock valued at $287,917,000 after buying an additional 129,911 shares in the last quarter. Wells Fargo & Company MN grew its holdings in ServiceMaster by 20.3% during the 4th quarter. Wells Fargo & Company MN now owns 145,571 shares of the business services provider’s stock valued at $7,464,000 after buying an additional 24,528 shares in the last quarter. Geode Capital Management LLC grew its holdings in ServiceMaster by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 1,069,854 shares of the business services provider’s stock valued at $54,851,000 after buying an additional 12,505 shares in the last quarter. PEAK6 Investments L.P. grew its holdings in ServiceMaster by 2,112.2% during the 4th quarter. PEAK6 Investments L.P. now owns 34,178 shares of the business services provider’s stock valued at $1,752,000 after buying an additional 32,633 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in ServiceMaster by 444.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 257,400 shares of the business services provider’s stock valued at $13,197,000 after buying an additional 210,100 shares in the last quarter.

SERV has been the subject of a number of research reports. Zacks Investment Research downgraded ServiceMaster from a “buy” rating to a “hold” rating in a research report on Wednesday, April 4th. Morgan Stanley increased their target price on ServiceMaster from $60.00 to $65.00 and gave the company an “overweight” rating in a research report on Wednesday, January 31st. Instinet upgraded ServiceMaster from a “reduce” rating to a “buy” rating in a research report on Thursday, February 15th. William Blair initiated coverage on ServiceMaster in a research report on Monday, January 29th. They set an “outperform” rating for the company. Finally, Nomura upgraded ServiceMaster from a “reduce” rating to a “buy” rating and increased their target price for the company from $39.00 to $69.00 in a research report on Thursday, February 15th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and ten have issued a buy rating to the company. ServiceMaster has an average rating of “Buy” and an average price target of $55.64.

In related news, SVP James T. Lucke sold 16,737 shares of the firm’s stock in a transaction on Monday, March 12th. The stock was sold at an average price of $51.70, for a total value of $865,302.90. Following the completion of the sale, the senior vice president now directly owns 5,691 shares in the company, valued at $294,224.70. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Timothy M. Haynes sold 55,363 shares of the firm’s stock in a transaction on Thursday, May 3rd. The stock was sold at an average price of $53.18, for a total value of $2,944,204.34. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 76,843 shares of company stock valued at $4,044,618. 1.20% of the stock is owned by corporate insiders.

Shares of SERV opened at $57.16 on Friday. The firm has a market capitalization of $7.74 billion, a P/E ratio of 25.86 and a beta of 0.95. ServiceMaster has a 52-week low of $36.34 and a 52-week high of $58.41. The company has a quick ratio of 0.91, a current ratio of 0.97 and a debt-to-equity ratio of 2.16.

ServiceMaster (NYSE:SERV) last issued its quarterly earnings results on Tuesday, February 27th. The business services provider reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.01. The company had revenue of $666.00 million during the quarter, compared to the consensus estimate of $665.27 million. ServiceMaster had a return on equity of 29.91% and a net margin of 17.35%. ServiceMaster’s revenue was up 5.2% on a year-over-year basis. During the same period last year, the company earned $0.44 earnings per share. sell-side analysts anticipate that ServiceMaster will post 2.56 earnings per share for the current fiscal year.

About ServiceMaster

ServiceMaster Global Holdings, Inc provides residential and commercial services in the United States. The company operates through three segments: Terminix, American Home Shield, and the Franchise Services Group. 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 (NYSE:SERV)

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