Ls Investment Advisors LLC Has Cut Holding in Servicemaster Global Holding (SERV) by $3.21 Million

September 16, 2018 - By Victoria Pittman

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 1.81 million 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 $104.38 million 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 “Buy” rating given on Thursday, June 14 by Nomura. The stock has “Overweight” rating by Morgan Stanley on Thursday, September 13. The firm earned “Overweight” rating on Wednesday, August 1 by Morgan Stanley. Morgan Stanley maintained the shares of SERV in report on Wednesday, May 2 with “Overweight” rating. The rating was maintained by Morgan Stanley with “Overweight” on Wednesday, July 18. The rating was maintained by Oppenheimer on Wednesday, May 2 with “Outperform”.

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

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