State Board of Administration of Florida Retirement System Has $6.30 Million Position in Terminix Global Holdings, Inc. (NYSE:TMX)

State Board of Administration of Florida Retirement System lowered its holdings in shares of Terminix Global Holdings, Inc. (NYSE:TMX) by 2.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 151,087 shares of the technology company’s stock after selling 3,660 shares during the quarter. State Board of Administration of Florida Retirement System’s holdings in Terminix Global were worth $6,296,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TMX. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of Terminix Global during the third quarter worth about $27,000. Dark Forest Capital Management LP acquired a new stake in Terminix Global in the 2nd quarter valued at approximately $42,000. Advisory Services Network LLC acquired a new stake in Terminix Global in the 2nd quarter valued at approximately $69,000. Maverick Capital Ltd. acquired a new stake in Terminix Global in the 2nd quarter valued at approximately $95,000. Finally, Allworth Financial LP acquired a new stake in Terminix Global in the 3rd quarter valued at approximately $114,000.

Shares of NYSE TMX opened at $42.73 on Friday. The company has a current ratio of 1.03, a quick ratio of 0.96 and a debt-to-equity ratio of 0.36. Terminix Global Holdings, Inc. has a 12 month low of $36.30 and a 12 month high of $53.54. The stock has a 50 day moving average of $41.50 and a 200-day moving average of $43.87. The company has a market capitalization of $5.18 billion, a P/E ratio of 9.23 and a beta of 0.78.

Terminix Global (NYSE:TMX) last issued its earnings results on Tuesday, November 2nd. The technology company reported $0.41 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.03. Terminix Global had a return on equity of 7.21% and a net margin of 30.13%. The company had revenue of $530.00 million during the quarter, compared to the consensus estimate of $529.73 million. During the same period in the previous year, the company posted $0.26 EPS. Analysts predict that Terminix Global Holdings, Inc. will post 1.45 EPS for the current fiscal year.

TMX has been the topic of a number of recent research reports. Zacks Investment Research lowered Terminix Global from a “buy” rating to a “hold” rating in a research report on Saturday, November 6th. Robert W. Baird downgraded Terminix Global from an “outperform” rating to a “neutral” rating and decreased their price target for the company from $57.00 to $44.00 in a research note on Thursday, October 28th. William Blair downgraded Terminix Global from an “outperform” rating to a “market perform” rating in a research note on Monday, January 10th. Finally, Morgan Stanley decreased their price target on Terminix Global from $55.00 to $52.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 5th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $47.80.

About Terminix Global

Terminix Global Holdings, Inc engages in the provision of residential and commercial services. It offers residential and commercial termite and pest control, national accounts pest control services, restoration, commercial cleaning, residential cleaning, cabinet and furniture repair, and home inspections.

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Institutional Ownership by Quarter for Terminix Global (NYSE:TMX)

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