Ls Investment Advisors LLC Decreased Servicemaster Global Holding (SERV) Position by $3.21 Million

September 16, 2018 - By Patrick Harkless

ServiceMaster Global Holdings, Inc. (NYSE:SERV) Logo

Ls Investment Advisors Llc decreased its stake in Servicemaster Global Holding (SERV) by 98.78% based on its latest 2018Q2 regulatory filing with the SEC. Ls Investment Advisors Llc sold 54,450 shares as the company’s stock declined 0.68% while stock markets rallied. The institutional investor held 675 shares of the consumer services company at the end of 2018Q2, valued at $40,000, down from 55,125 at the end of the previous reported quarter. Ls Investment Advisors Llc who had been investing in Servicemaster Global Holding for a number of months, seems to be less bullish one the $8.19B market cap company. The stock increased 1.85% or $1.1 during the last trading session, reaching $60.4. About 1.81M shares traded or 109.23% up from the average. ServiceMaster Global Holdings, Inc. (NYSE:SERV) has risen 23.23% since September 16, 2017 and is uptrending. It has outperformed by 7.61% the S&P500.

Analysts await ServiceMaster Global Holdings, Inc. (NYSE:SERV) to report earnings on October, 30. They expect $0.77 earnings per share, up 5.48 % or $0.04 from last year’s $0.73 per share. SERV’s profit will be $104.38M for 19.61 P/E if the $0.77 EPS becomes a reality. After $0.79 actual earnings per share reported by ServiceMaster Global Holdings, Inc. for the previous quarter, Wall Street now forecasts -2.53 % negative EPS growth.

Another recent and important ServiceMaster Global Holdings, Inc. (NYSE:SERV) news was published by Businesswire.com which published an article titled: “Mark and Helena Ralph named ServiceMaster Franchisee of the Year at IFA Franchise Action Network Meeting in …” on September 11, 2018.

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

Among 5 analysts covering ServiceMaster Global (NYSE:SERV), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. ServiceMaster Global had 8 analyst reports since May 2, 2018 according to SRatingsIntel. The stock of ServiceMaster Global Holdings, Inc. (NYSE:SERV) has “Overweight” rating given on Wednesday, August 1 by Morgan Stanley. Morgan Stanley maintained the shares of SERV in report on Thursday, September 13 with “Overweight” rating. The rating was maintained by Morgan Stanley with “Overweight” on Wednesday, May 2. Morgan Stanley maintained ServiceMaster Global Holdings, Inc. (NYSE:SERV) on Wednesday, July 18 with “Overweight” rating. As per Wednesday, May 2, the company rating was maintained by Oppenheimer. The stock has “Buy” rating by Nomura on Thursday, June 14.

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

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