As Servicemaster Global Hldgs I (SERV) Stock Value Declined, Marble Arch Investments LP Lowered Its Position

March 14, 2018 - By Vivian Park

Scott Mclellan decreased its stake in Servicemaster Global Hldgs I (SERV) by 14.07% based on its latest 2017Q3 regulatory filing with the SEC. Marble Arch Investments Lp sold 501,400 shares as the company’s stock declined 4.48% while stock markets rallied. The hedge fund run by Scott Mclellan held 3.06M shares of the consumer services company at the end of 2017Q3, valued at $143.13 million, down from 3.56 million at the end of the previous reported quarter. Marble Arch Investments Lp who had been investing in Servicemaster Global Hldgs I for a number of months, seems to be less bullish one the $6.85B market cap company. The stock decreased 0.45% or $0.23 during the last trading session, reaching $50.64. About 391,859 shares traded. ServiceMaster Global Holdings, Inc. (NYSE:SERV) has risen 0.99% since March 14, 2017 and is uptrending. It has underperformed by 15.71% the S&P500.

Analysts await ServiceMaster Global Holdings, Inc. (NYSE:SERV) to report earnings on April, 26. They expect $0.40 earnings per share, up 17.65 % or $0.06 from last year’s $0.34 per share. SERV’s profit will be $54.11 million for 31.65 P/E if the $0.40 EPS becomes a reality. After $0.35 actual earnings per share reported by ServiceMaster Global Holdings, Inc. for the previous quarter, Wall Street now forecasts 14.29 % EPS growth.

More important recent ServiceMaster Global Holdings, Inc. (NYSE:SERV) news were published by: which released: “ServiceMaster Global Holdings, Inc. Reports Fourth-Quarter and Full-Year 2017 …” on February 27, 2018, also published article titled: “Terminix hires commercial division president”, published: “ServiceMaster Global Holdings’ (SERV) CEO Nikhil Varty on Q4 2017 Results …” on February 28, 2018. More interesting news about ServiceMaster Global Holdings, Inc. (NYSE:SERV) was released by: and their article: “See Inside: ServiceMaster readies for Monday move” with publication date: February 16, 2018.

ServiceMaster Global Holdings, Inc. (NYSE:SERV) Ratings Coverage

Among 11 analysts covering ServiceMaster (NYSE:SERV), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. ServiceMaster had 30 analyst reports since August 5, 2015 according to SRatingsIntel. Morgan Stanley maintained the shares of SERV in report on Wednesday, January 31 with “Overweight” rating. The rating was maintained by RBC Capital Markets on Wednesday, November 1 with “Hold”. The firm has “Hold” rating given on Tuesday, October 31 by Robert W. Baird. The stock of ServiceMaster Global Holdings, Inc. (NYSE:SERV) has “Hold” rating given on Monday, September 11 by Robert W. Baird. Morgan Stanley maintained it with “Overweight” rating and $52 target in Monday, October 23 report. The stock has “Neutral” rating by Nomura on Tuesday, August 16. Nomura upgraded the shares of SERV in report on Thursday, February 15 to “Buy” rating. Piper Jaffray maintained it with “Overweight” rating and $49 target in Friday, April 7 report. The rating was downgraded by Robert W. Baird on Friday, March 11 to “Neutral”. The firm earned “Buy” rating on Tuesday, September 19 by Oppenheimer.

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