Dalton Greiner Hartman Maher & Co. Has $21.06 Million Stake in ServiceMaster Global Holdings, Inc. (SERV)

Dalton Greiner Hartman Maher & Co. cut its position in ServiceMaster Global Holdings, Inc. (NYSE:SERV) by 0.8% during the second quarter, Holdings Channel reports. The fund owned 537,480 shares of the business services provider’s stock after selling 4,444 shares during the period. ServiceMaster Global Holdings comprises approximately 1.2% of Dalton Greiner Hartman Maher & Co.’s portfolio, making the stock its 17th largest position. Dalton Greiner Hartman Maher & Co.’s holdings in ServiceMaster Global Holdings were worth $21,064,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. SG Americas Securities LLC bought a new position in shares of ServiceMaster Global Holdings during the first quarter worth approximately $100,000. FNY Partners Fund LP bought a new position in shares of ServiceMaster Global Holdings during the first quarter worth approximately $104,000. Cannell Capital LLC bought a new position in shares of ServiceMaster Global Holdings during the first quarter worth approximately $179,000. Russell Investments Group Ltd. bought a new position in shares of ServiceMaster Global Holdings during the fourth quarter worth approximately $169,000. Finally, Oppenheimer Asset Management Inc. bought a new position in shares of ServiceMaster Global Holdings during the first quarter worth approximately $203,000.

Shares of ServiceMaster Global Holdings, Inc. (SERV) traded down 0.542% during midday trading on Thursday, hitting $39.445. 83,238 shares of the stock were exchanged. ServiceMaster Global Holdings, Inc. has a 1-year low of $32.41 and a 1-year high of $42.45. The firm has a 50-day moving average of $39.27 and a 200-day moving average of $38.98. The company has a market capitalization of $5.29 billion, a P/E ratio of 34.907 and a beta of 1.01.

ServiceMaster Global Holdings (NYSE:SERV) last announced its quarterly earnings results on Thursday, April 27th. The business services provider reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.38 by $0.04. ServiceMaster Global Holdings had a return on equity of 43.03% and a net margin of 5.61%. The business had revenue of $643 million during the quarter, compared to the consensus estimate of $638.52 million. During the same quarter in the prior year, the firm posted $0.34 EPS. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. On average, equities analysts expect that ServiceMaster Global Holdings, Inc. will post $2.13 EPS for the current year.

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A number of equities analysts have recently commented on the stock. Instinet increased their price target on shares of ServiceMaster Global Holdings from $30.00 to $32.00 and gave the stock a “reduce” rating in a report on Thursday, May 25th. Royal Bank Of Canada reissued a “buy” rating and issued a $44.00 price target on shares of ServiceMaster Global Holdings in a report on Tuesday, June 27th. Morgan Stanley reissued an “overweight” rating and issued a $48.00 price target on shares of ServiceMaster Global Holdings in a report on Friday, June 23rd. Zacks Investment Research raised shares of ServiceMaster Global Holdings from a “sell” rating to a “hold” rating in a report on Friday, April 7th. Finally, Piper Jaffray Companies reissued an “overweight” rating and issued a $49.00 price target on shares of ServiceMaster Global Holdings in a report on Thursday, April 6th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. ServiceMaster Global Holdings has a consensus rating of “Hold” and an average target price of $42.17.

ServiceMaster Global Holdings Company Profile

ServiceMaster Global Holdings, Inc is a provider of essential residential and commercial services. The Company operates through three segments: Terminix, American Home Shield and the Franchise Services Group. Its portfolio of brands includes Terminix, American Home Shield, ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec.

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Institutional Ownership by Quarter for ServiceMaster Global Holdings (NYSE:SERV)

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